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EUR/USDThe euro held steady against the US dollar on Friday, hovering close to 11-month lows as the release of strong U.S. consumer sentiment data added to the opinion that the U.S. economic recovery...
The Monday session will be heavily weighted towards Europe obviously, as the United States and Canada celebrate Labor Day. That being the case, we feel that the market will be almost completely dead...
On Friday, the AUD weakened 0.18% against the USD to close at 0.9340.LME Copper prices declined 0.5% or $ 38.0 /MT to $ 6995.0 /MT. Aluminium prices rose/declined 0.28% or $ 6.0 /MT to $ 2114.0 /MT.In...
On Friday, the USD rose 0.32% against the CHF and closed at 0.9181.In economic news, the Swiss KOF economic indicator rebounded unexpectedly in August to a level of 99.5, compared to a level of 97.9...
On Friday, the USD rose 0.32% against the CHF and closed at 0.9181.In economic news, the Swiss KOF economic indicator rebounded unexpectedly in August to a level of 99.5, compared to a level of 97.9...
On Friday, the USD strengthened 0.34% against the JPY and closed at 104.05.In economic news, the housing starts in Japan registered a drop of 14.1% in July, on an annual basis, beating market...
On Friday, EUR declined 0.33% against the USD and closed at 1.3139, after the recent batch of soft data from the Euro-zone increased speculations that the ECB might introduce additional stimulus...
US NFP is expected to be around 222K, and with the Feds following their tapering plan, it’s going to take a huge surprise for the market to change its sentiment, and considering that Fed Bullard...
US ISM Non-Manufacturing PMI is a strong leading indicators to predict Nonfarm Payroll report, since the services sector has about 70% of the total labor market. If we get a strong release, expect to...
US ADP NFP Employment Change could be an important release for the USD, especially with Nonfarm Payroll report scheduled the next day. With market focusing on this release, we’ll surely see...
ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45am then followed with a press conference at 8:30am. The most important part of the rate decision is the Press Conference, so...
UK BOE Interest Rate Decision will probably be another non-event, but of course, with the last MPC minutes showing 2 dissenters, market will be looking for that possibility, regardless of how remote...
CA BOC Interest Rate today will probably leave rates unchanged for yet another meeting. Since there are really no expectations for surprise today, the only potential is the accompanied rate policy...
AU Retail Sales release today should be a good tradable release out of Australia, but it’s important to consider the overall market context after RBA rate decision and the quarterly GDP releases...
UK Services Purchasing Manager Index will be released today and judging from the recent correction in GBP, a surprise release will have the momentum in driving the currency in either direction4:30am...