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
Trading Week Ends with NZD, USD, GBP, EUR
Friday, 15 December 2017 / Published in Daily Morning Report, Forex Daily News, Market News
Our trading week ends with NZD, USD, GBP, and EUR in focus. Let’s see how we can chart it up today! The trading outlook remains positive. NZD Trading Week End New Zealand Finance Minister Grant Robertson expressed his ‘comfortable’ feeling regarding the trend followed by the NZD. “We want a sustainable exchange rate that gives
Tuesday, 05 December 2017 / Published in Forex Daily News, Market News
Today brings more updates on USD, a tumbling GBP on Brexit hotchpotch, while EUR tracks Eurozone’s PMIs. Let’s chart talk! USD Updates, EUR Tracks PMIs On Tuesday, the US dollar index, which measures the USD strength against a basket of six major trade-weighted currencies, rose slightly as hopes for significant US tax cuts underpin demand
Monday, 04 December 2017 / Published in Daily Morning Report, Forex Daily News, Market News
GBP captures the limelight of Brexit talks on Monday, with Prime Minister May seeing the UK – EU divorce and citizens’ rights approaching the end in few weeks. What’s in it for trading? Brexit Talks UK Prime Minister Theresa May and the European Commissioner President Jean-Claude Juncker meet for an official lunch today and are expected
More on Kiwi, Majors and Crude
Thursday, 23 November 2017 / Published in Forex Daily News, Market News
EUR and GBP are in focus today as GDP and PMI releases flood the markets. Investors are waiting for more impetus from the news. Markets are also focused on the second reading of the UK Q3 GDP and CBI realised sales figures. In the meantime, the ECB monetary policy meeting minutes will capture most of
XAGUSD - Silver Spot vs US Dollar
Monday, 20 November 2017 / Published in Forex Daily News, Market News
Well, it seems we start our trading week with the EUR in focus as Draghi speaks again today before the Economic and Monetary Affairs Committee in Brussels. EUR Trading Outlook It seems that the single currency peaked at the beginning of the week against its three major counterparts, USD, GBP and JPY, managing to reverse
Friday, 17 November 2017 / Published in Forex Daily News, Market News
What would be a trading week without Draghi speaking and the EUR in focus? We end the week with the ECB President Draghi in Frankfurt. EUR in Focus Following a dramatic surge above 1.1800 levels earlier in the week against its USD counterpart, the single currency pipped up even higher towards the end of the
EUR Adds Pips, Oil Prices Dip, GBP Recovers, AUD in Ditch
Wednesday, 15 November 2017 / Published in Daily Morning Report, Forex Daily News, Market News
Wednesday starts with hot news on the EUR, oil prices, GBP and AUD. Here’s what the charts show and what to keep in mind. EUR Adds Pips Post Mario Draghi’s speech at the ECB Conference in Frankfurt yesterday and following upbeat German data, the EUR keeps adding pips against a weaker USD. The single currency
Pound Tracks Manufacturing PMI, Crude on High
Tuesday, 14 November 2017 / Published in Daily Morning Report, Forex Daily News, Market News
The four biggies EUR, USD, JPY and GBP are in focus ahead of CB speakers M. Draghi, J. Yellen, M. Carney and H. Kuroda due to speak at 10am GMT today. EUR & EURUSD Ahead of ECB President Mario Draghi’s speech only a couple of hours ahead, the single currency posts marginal gains against a
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