What to Expect from Bank of Canada & Japan Rate Decisions? Daily FX Market Roundup April 23, 2019 With the Easter holidays behind us, we are finally beginning to see bigger moves in currencies. EUR/USD …
Why Traders Dumped USDJPY on Strong Data US Retail Sales Soar, Implications for USD Daily FX Market Roundup April 18, 2019 This morning’s US economic reports blew the expectation of the most optimistic economist surveyed …
Market Drivers April 18, 2019 EZ PMIs show manufacturing in the dumps UK and AUD data beats Nikkei -0.84% Dax -0.05% Oil $63/bbl Gold $1276/oz. Europe and Asia: AUD Jobs 25K vs.15K EUR PMI 47.8 …
Even Good Data Boost Lift FX Volatility Daily FX Market Roundup April 17, 2019 Volatility in the forex market is at its lowest level in 5 years and according to many analysts, breakouts are right …
Market Drivers April 17, 2019 Chinese data beats UK CPI a bit cooler Nikkei 0.25% Dax 0.05% Oil $64/bbl Gold $1275/oz. Europe and Asia: NZD CPI 1.5% vs. 1.7% CNY GDP 6.4% vs 6.3% GBP …
Euro Rejects 1.13, Bears Remain in Control Daily FX Market Roundup April 16, 2019 On a fundamental basis, there is very little reason to be bullish euros. The economy is weakening, German Bundesbank President Jens …
Market Drivers April 16, 2019 RBA Minutes discuss a cut UK Labor data in line Nikkei 0.24% Dax 0.73% Oil $63/bbl Gold $1284/oz. Europe and Asia: AUD RBA minutes hint at easing GBP UK Wages …
Easter Week – Breakouts or Fake outs? Daily FX Market Roundup April 15, 2019 The week before Good Friday and Easter is always an awkward one in the forex market. Holidays normally encourage profit taking …
Market Drivers April 15, 2019 FX steady from Friday Hammond claims Tory/Labor talks constructive Nikkei 1.37% Dax -0.04% Oil $63/bbl Gold $1286/oz. Europe and Asia: No Data North America: USD Empire 8:30 It’s been a …
Will USDJPY Hit 114 Before 110? Daily FX Market Roundup April 12, 2019 USD/JPY broke 112 today, hitting a 1 month high in the process while euro also rose to its best level against the …