Fundamental analysis of Forex market

Dovish BoC Remains A Risk Ahead Of Rate Decision

Tuesday January 16: Five things the markets are talking aboutAre investors getting ahead of themselves on the number of Bank of Canada rate hikes in 2018? A small percentage of ...
Read More

DAX Jumps, Investors Eye Eurozone CPI

The DAX has posted gains in the Tuesday session. Currently, the index is trading at 13,306.50, up .80%. On the release front, there are no major German or eurozone releases ...
Read More

Market Update – European Session: UK CPI Moves Off 5-Year Highs

Notes/Observations UK Dec CPI moves off five year highs (as expected) German SPD party showing divide on alliance with Merkel; congress needs to decide whether to enter official coalition negotiations ...
Read More

GBP/USD Holds Ground After Hitting 1.38, USD Picks Up

UK inflation figure to go unnoticed as investors focus on negotiations After printing a new multi-month high on Monday, the pound sterling has stabilised gains at around $1.3785. Since the ...
Read More

NZD/USD: NZIER Business Confidence

The Kiwi weakened against the Greenback, following business confidence report for New Zealand. The NZD/USD exchange rate lost 0.09% or 7 base points to keep declining to be seen trading ...
Read More

EUR/USD: EZ Trade Balance

The European single currency was almost unchanged against the US Dollar on the trade balance report on Monday. The EUR/USD currency pair sustained the position near the 1.2270 level. The ...
Read More

Yen Appreciation Abated Somewhat With USD/JPY Rising Close To 111

Market movers today In the UK, CPI inflation for December is released, which we estimate fell back to 2.9%, from 3.1% in November, due mainly to a lower contribution from ...
Read More

Dollar Woes Continue

DOLLAR STRUGGLES And despite uncertainty over Brexit, the pound is also sitting around levels against the dollar last touched in June 2016, when Britain voted to leave the European Union ...
Read More

Aussie Trading Slightly Lower This Morning

For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7966. LME Copper prices rose 1.6% or $109.5/MT to $7180.0/MT. Aluminium prices rose ...
Read More

Euro-Zone’s Trade Surplus Widened In November

For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.2264, after the Euro-zone's seasonally adjusted trade surplus widened more-than-expected to €22.5 billion ...
Read More

USD/JPY – Yen Rally Continues, Drops Below 111

The Japanese yen continues to head higher, and has posted gains in the Monday session. Currently, USD/JPY is trading at 110.64, down 0.37% on the day. US markets are closed ...
Read More