Key Data and Events There are several data releases that will make this week a very interesting one, such as the rate decision in Canada, Australian jobs report, and the speech in Madrid by New…
Trading Outlook
Forex Weekly Outlook: U.S Core CPI Expected to Rise By 0.2%
Core CPI to Increase While Headline Prices Expected to Remain Stagnant The NFP released last week showed that the U.S gained just 103k jobs last month, a figure that was below expectation. The greenback, however,…
Forex Weekly Outlook: NFP Report Highlight of The Week
NFP To Set The Tone This Week In the first quarter of 2018, the greenback was able to regain some lost ground. The question by traders now is if the USD recovery is going to last…
Forex Weekly Outlook: Trade Fears Ahead of Good Friday
Final US GDP to Be Released Ahead of Good Friday Ahead of Good Friday and Easter, politics is set to majorly influence the movement of currencies while we also have the final US, UK, and…
Greenback Fails to Impress as Dot Plot Brings No Changes
Dot Plot Fails To Bring Any Changes The Greenback started the week on a high note but dropped due to the disappointing dot plot. The FOMC “dot plot,” is part of the Fed’s Summary of Economic…
Forex Weekly Outlook: All Eyes On Fed Decision
Fed Decision Conference Highlight of the Week The Fed decision and the first press conference by new Fed chair Jerome Powell will head the events of the week. It is expected that the issue of…
Greenback and Comdolls to Gain from Strong NFP Report
Greenback and Comdolls Strengthen The NFP data released on Friday was crucial in aiding the greenback record gains last week. That report hasn’t had any effect on the currency so far today as EUR/USD and…
Greenback Records Broad-Based Gains
Greenback Recovery The greenback recorded positive gains against most of its major competitors this past week. Other big movers have been the Yen and the Kiwi. Let’s see the week in review: Monday, Feb. 5th USD…
The Loonie Rises Ahead of Potential Rate Hike
Loonie Rises vs Weaker Greenback Ahead Of Potential Rate Hike The Canadian dollar has been experiencing growth against some major currencies as analysts and traders expect another hike for the third time in this cycle.…
NFP Experiences Slow Growth in December 2017.
Last Friday’s NFP report reveals there was a slow growth in U.S jobs for December 2017 as retail employment declined across the country as the labor market nears full employment. The NFP Results. The Nonfarm…
