Aussie Pips Up on Upbeat Data, EUR Poses Neutral
Thursday, 11 January 2018 / Published in Forex Daily News, Market News
Aussie pips up on upbeat data, while the EUR poses neutral ahead of the ECB monetary policy meeting minutes release. Will this status quo change? Aussie Adds Pips Capturing the limelight of Australia’s trade balance upbeat data, the Aussie pips up against its greenback counterpart. In the first hours of the morning, AUDUSD started impetuously
Loonie on the Rise Ahead of BOC Survey
Monday, 08 January 2018 / Published in Forex Daily News, Market News
Loonie on the rise ahead of BOC survey due later on Monday, which analysts anticipate it will reflect a positive economic outlook. The CAD continued to add pips as Canada’s December jobs report showed a significant drop in unemployment, which reached its lowest rate in more than 4 decades (5.7%). This positive figure pushed BOC
Tuesday, 21 November 2017 / Published in Forex Daily News, Market News
Tuesday kicked in with AUDUSD recovering post RBA meeting minutes and GBP in the narrow range. Fed Chair J. Yellen is also coming forward today at 11:00pm GMT, casting new light on USD. Are there any rate hikes to be expected in December? AUDUSD Recovers Post RBA Meeting Minutes Aussie-dollar topped up 50 pips on
Friday, 10 November 2017 / Published in Daily Morning Report, Forex Daily News, Market News
Manic Friday for EUR, USD, JPY, GBP and the Aussie after a churning Thursday, when Washington’s decision to delay tax plan implementation. USDJPY Yesterday was a big day for the financial markets, with investors awaiting GOP’s decision. The plan put forth by the Republicans was to implement a 20% cut on corporate tax after a
Tuesday, 07 November 2017 / Published in Daily Morning Report, Forex Daily News, Market News
BREAKING NEWS! Tuesday holds promise for an eventful day for investors, kicking in with breaking news on EURUSD, GBP and the Aussie. ECB President Mario Draghi’s speech will be closely eyed. EURUSD Ahead of Draghi Market participants are also keeping a weather eye on the German industrial output data, following the upbeat German factory orders
ECB Press Conference and Eurozone PMIs
Thursday, 02 November 2017 / Published in Daily Morning Report, Forex Daily News, Market News
GBP and Aussie are in focus today ahead of BOE’s decision regarding interest rates in the UK and post Trade Balance data release in Australia. GBP in Focus Ahead of BOE Governor Carney is expected to speak today at 12:30pm GMT and announce BOE’s decision regarding potential rate hikes with a direct impact on the
Loonie on the Rise Ahead of BOC Survey
Wednesday, 25 October 2017 / Published in Daily Morning Report, Forex Daily News, Market News
Following the disappointing release of the CPI in Australia, the Aussie lost momentum dramatically against the dollar, starting the day with a massive sell-off. The headline inflation hit 0.6% QoQ compared to 0.8% as expected. With the trim mean sitting at 0.4% QoQ against the 0.5% both prior and consensus, the Aussie bulls are looking
Wednesday, 18 October 2017 / Published in Daily Morning Report
In focus, today we have again Mario Draghi’s outlook on the EURO, the EU monetary policy and trading facts and figures. ECB President Mario Draghi will speak today at 8:10am GMT. Briefing on the 36th Meeting of the International Monetary and Financial Committee on 13th October 2017 in Washington DC President Draghi’s speech revolved around