Category Archives: Forex Fundamental Analysis

Euro Lower As German Preliminary GDP Misses Estimate

has edged lower on in the Tuesday session. Currently, the pair is trading at 1.1756, down 0.31% on the day. On the release front, there is just one euro zone indicator. German Preliminary in the second quarter edged lower to 0.6%, missing the forecast of 0.7%. In the US, the key releases are and , which are expected to come in at 0.3% and 0.4% respectively. is expected to improve to 10.1 points. On Wednesday, the euro zone releases Flash . In the US, we’ll get a […]

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The US Dollar Is Recouping Its Losses

Yesterday, the closed in the positive zone (+0.41%). The US currency appreciably strengthened against the Japanese and the . There were no updates regarding the conflict between the United States and North Korea, which caused the closing of short positions on the US dollar. Commodity currencies also came under pressure due to a sharp drop in the oil price. Futures for the fell by more than 2.5%. The moved away from local highs. In June, in the Eurozone decreased by 0.6%. The growth in Germany in the […]

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Chart Of The Day: Will NAFTA Negotiations End Peso’s Growth?

By Pinchas Cohen Yesterday, we provided of the versus the dollar, leading up to Wednesday’s NAFTA negotiations. Today, we provide analysis and trading strategies of the remaining partner’s currency, the . An End To NAFTA Means An End To Mexican Growth Since the end of last year, Mexico has become the second largest exporter to the US, after China, putting the country at a disadvantage at the negotiation table as it is now highly dependent on trade with the US. Additionally, the trade agreement reduced Mexico’s trade […]

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EUR/USD Pushes Lower As The Buck Inches Higher, Eyes On Retail Sales

continues testing daily-EMA at 1.1715. The pair pushed clocked 1.1792 high this morning, but due to negative German Prelim scoring 0.6% while consensus at 0.7%, the pair was on abandoning wave resulted in 1.1720 low as a first test again for 20-EMA with 10-EMA still above. On the other hand, strong signs for DXY after long days or value shedding, the Index clocked 93.75 high, with failure to overpass it on several hourly sessions, but still to be considered as an early sign to trend reversal in […]

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The Week Ahead: Big Week Ahead For U.S., UK And Eurozone Data

It’s a big week ahead for financial markets with a series of critical economic data on the schedule beginning early Tuesday. Starting with the United Kingdom’s monthly number, inflation is expected to be unchanged from the last report at 0%, however, on an annual basis consensus is 2.7%, just 10 basis points above the June reading of 2.6%. Scheduled Wednesday is data for the British labor markets, expecting to see a fall in to 3,700, down from the previous 5,900, as well as the holding steady at […]

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Two Observations On Bitcoin History

is trading at a record high on Monday, up 6.35% at $4,362 a coin. Over the past month it has added almost 100%, rejecting all the fears that a fork in the cryptocurrency would cause huge sell-off. And today we are going to touch upon very interesting issue. if just a couple of years ago there were big problems to analyze the bitcoin moves without any history, now we have a basis to compare and to find some correlations. Observation #1 The history shows that huge gains […]

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Interest Rate Corridors: OIS and Yields

While interest rate corridors remains an insightful and important topic to currency prices, markets and monetary policy, to delve further into corridors on a per nation basis offers a far more comprehensive perspective. Daily Interest rates in , , and are not only low but statistically flat on the floor low. Statistically flat means interest rates contain problems in range, location and direction as the view inside current prices reveals a lost and wandering rate in dire need of input to force a meaningful direction. GBP is […]

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