Fundamental analysis of Forex market

US Dollar Eases In Asia

With a risk-on mood coursing through the veins in Asia, the US dollar has given ground against both major regional currencies this morning. Notable gainers are the euro and the ...
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The Weekly Bottom Line: Rising Infections Pose a Challenge to Economic Recovery

U.S. Highlights Green shoots continued to emerge in the economic data. The U.S. gained 4.8 million jobs in June (better than expected). Meanwhile, the unemployment rate headed lower to 11.1% ...
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Forward Guidance: US Virus Resurgence a Cautionary Tale amid Increasingly Positive Economic Data

Expect another job gain in next week’s Canadian employment report – the latest green shoot to peek through the gloom in the early days of this recovery. We’re expecting a ...
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Week Ahead: As Good as It Gets?

US Non-Farm Payrolls data released on Thursday showed an increase of +4.8 million jobs for the month of June vs an expectation of +3.0 million, a new record! PMI data ...
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Week Ahead – Economic Reopening Continues

Country US Most of the attention in the US will remain around the spread of the coronavirus across the Sunbelt and whether more states are forced to reverse prior reopening ...
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RBA to Stay Put as Flare-Up Threatens Australia’s Envious Virus Record

The Reserve Bank of Australia is almost certain to keep monetary policy unchanged on Tuesday when it announces its decision at 4:30 GMT. Australia is one of only a handful ...
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Week Ahead – Markets Torn Between Conflicting Narratives

The coming week looks relatively quiet in terms of crucial events, with the only highlights being the Reserve Bank of Australia (RBA) policy meeting and some economic data out of ...
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EU Indices Flat This Morning | TA Focus On Sanofi

INDICESYesterday, European stocks rebounded strongly. The Stoxx Europe 600 Index jumped 1.97%. Germany’s DAX 30 surged 2.84%, France’s CAC 40 advanced 2.49%, and the U.K.’s FTSE 100 was up 1.34% ...
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Solid Jobs Report and Relentless Reopening Optimism Drive Stocks and Oil Higher, Gold and Dollar Slump

The US economy continues to head in the right direction. Financial markets are heading into a long weekend on a high note after a blockbuster jobs report showed 4.8 million ...
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Oil Prices Climb But Gold Unsteady

Oil surges on falling US crude inventories US official crude inventories unexpectedly fell by 7.2 million barrels overnight, much higher than the forecast 0.7-million-barrel drawdown expected. Combined with reports of ...
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Nonfarm Payrolls: A Battle Between Risk Taking and Safety

The ISM manufacturing PMI is due today at 14:00 GMT and June’s Nonfarm payrolls will be released on Thursday, a day earlier than usual, at 12:30 GMT as US markets ...
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