Market Overview

The forex markets are pretty steady today with Japan on holiday. Upbeat economic data from China didn't trigger much reactions. Traders are having their mind on the upcoming central bank events in the...

Dollartakes another hit after soft data The US dollar came under renewed selling pressure on Friday, with the USD index reaching its lowest level since September, following the release of...

What’s at stake: America is undergoing a retail sector crisis, partly related to the increase of competition from online commerce. We review recent contributions to this debate.The New York...

CurrenciesEUR/USD – the inflation data out of the US was not good, as also the retails sales number disappointed, sending the USD lower. The likelihood that the FED will feel comfortable of...

(from my colleague Dr. Win Thin)EM FX ended the week on a firm note, helped by softer than expected US data. Indeed, EM FX was up across the board for the entire week and was led by BRL, MXN, and ZAR....

Last week, the US dollar weakened against the major world currencies. On Friday, July 14, weak economic reports from the United States were published. In June, the base consumer price index was 0.1%,...

Investors over in Europe are sanguine after more inspiring Chinese GDP reading. The Q2 GDP data came in at 6.9% ahead of the forecast of 6.58%. China is the second biggest economy of the world and the...

Cable finally cleared the critical Fibonacci resistance at 1.3045, the major 38.2% retracement on post-Brexit sell-off, and advanced to 1.3117 in the continuation of the mid-term bullish reversal.The...

As a result of a holiday in Japan the first trading session of the day was more quiet than usual. A set of economic data releases out of China dominated the news flow so far. Pressure on the dollar...

CA Core CPI is a high impact release for CAD and as stated in the other CA analysis (Retail Sales), both releases are scheduled at the same time which will make trading today a bit complicated to say...

CA Core Retail Sales is going to provide market volatility for the CAD but once again it is scheduled along with Core CPI so market’s attention is going to be divided, and in a worse case...

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.Market is not expecting any changes today but there are talks of Draghi...

UK Retail Sales should be a good release for the sterling and our view still remains unchanged as to the long-term view of GBP is a BUY on dip, especially considering recent hawkish comments out of...

The Australian Employment Change release today will provide market momentum for the AUD and considering recent positive support in the currency, any strong readings today will add to that momentum and...