The number of new jobless claims in the USA amounted to 198,000, while analysts
expected 206,000. This is the lowest value since the beginning of the pandemic, and
this data gave optimism to investors that the new wave of infections will not be able to
stop the economic recovery.
Read more
The US exports fell by 2.1%, and imports increased by 4.7% last month. Meanwhile,
the US pending home sales index fell by 2.2% in November after jumping 7.5% in
October. Analysts expected growth of 0.5%.
Read more
The dollar index has been traded in a narrow range for the past two trading days, indicating
low volatility caused by the Christmas and New Year holidays. In the long term, analysts
expect the dollar index to rise because of an imminent interest rate hike by the Fed, and
markets usually tend to price expectations earlier.
Read more
With Omicron fears easing, the Japanese Yen hit a one-month low yesterday, while the Euro
and the British Pound were stable. The dollar index, which is also a safe haven for
investors, was little changed from Friday.
Read more
The balance of the US Fed reached a new record of $8.8 trillion. But it should be noted
that the Fed's bond buying pace is declining now. At the same time, the Fed's total assets
are 38% of US GDP compared to 82% for the ECB and 133% for the Bank of
England.
Read more
The number of initial jobless claims in the US amounted to 205,000. In November, the US
personal income increased by 0.4%, personal spending increased by 0.6%. All data
was in line with analysts' forecasts.
Read more
The US consumer confidence increased to 115.8 in December, well above the consensus
forecast of 111.0. The US GDP growth for the quarter was 2.3% (2.1% was
expected). Pfizer's COVID-19 drug received emergency approval in the US, easing investor
concerns about Omicron strain.
Read more
Market quotes are now very closely related to the news about coronavirus. Any small negative
or positive news about the Omicron strain leads to sharp movements in almost all major
instruments.
Read more
The dollar index has fundamental support from the US Federal Reserve now. Investors and
bankers are also actively buying the US dollar at the moment due to the weakness of stock
indices because of the uncertainty of the Omicron spread.
Read more
The World Health Organization says a variant of the Omicron coronavirus has been found
in 89 countries. According to the study, the probability of re-infection with Omicron
is five times higher than that of the Delta. Scientists predict that Omicron will lead to
record hospitalizations and tremendous strain on health care systems in all countries.
Read more
The US Initial jobless claims were 206,000 (analyst expected 200,000). The USA
industrial production index and business activity showed a decline in November. The Bank of
England unexpectedly raised its key interest rate.
Read more
According to the results of the FOMC meeting: The US Fed kept the interest rate
at 0-0.25%. The US Fed is doubling the rate of reduction of the quantitative easing
program to 30 billion dollars per month. Fed officials forecast 3 interest rate
hikes in 2022 and 3 interest rate hikes in 2023. The Fed raised its 2021
US inflation forecast to 5.3% from 4.2% and expects inflation of 2.6%
in 2022 and 2.3% in 2023.
Read more
The US Producer Price Index, which shows the inflation rate between factories, jumped
to 9.6% year-over-year (9.2% was expected), the highest level since 2010. The US
Federal Reserve will meet on monetary policy and interest rates issues today. The Fed is
expected to accelerate the reduction of its QE program.
Read more
The dollar index is rising amid growing analysts' confidence that the Fed will accelerate QE
cuts at its meeting tomorrow. The first death from the Omicron strain in the UK has
increased uncertainty about further global economic recovery.
Read more
Last week on Friday, investors' attention was focused on the US consumer price index. The US
consumer price inflation increased to 6.8% in annual terms, it has been the highest
level during the last 39 years.
Read more
The number of new jobless claims in the US amounted to 184,000; analysts
expected 220,000. The last time such a figure was in 1969. Today the inflation
data will be published in the US. Analysts are expected to increase consumer prices
to 6.9-7% in annual terms.
Read more
On Wednesday, the dollar index fell against major currencies since easing fears of an
economic hit from the Omicron COVID-19 strain helped support riskier currencies such as the
Australian dollar. In October, the number of open jobs in the US increased to an all-time
high (from 10.4 to 11 million).
Read more
Investors' appetite for risk has slightly increased again since the variant Omicron COVID-19
although less serious. However, existing vaccines will not be able to provide full
protection against it.
Read more
The dollar index again demonstrates strength towards main currencies since concerns about
the impact of the OMICRON COVID-19 variant are decreasing.
Read more
Last week on Friday, investors' attention was focused on US nonfarm payrolls data. The labor
market statistics were disappointing. In November, only 210,000 jobs were added to the
US economy (against 533,000 expected), while the unemployment rate decreased
from 4.6% to 4.2%.
Read more
The ADP employment report showed that the US labor market is recovering despite high
inflation. But 5 million more jobs are needed to reach the pre-pandemic numbers. Today,
the US will release an important report on nonfarm payrolls.
Read more
Despite the uncertainty surrounding Omicron and its impact, US Federal Reserve Chairman
Jerome Powell confirmed his position that the Fed will consider accelerating asset cuts at
its December 14-15 meeting. This could also mean a faster-than-expected interest rate
hike.
Read more
Jerome Powell indicated that the US central bank may accelerate the tightening of monetary
policy at the next meeting. The market reaction to such an announcement was immediate -
the dollar index jumped sharply, which led to a decline in major currency pairs against the
US dollar.
Read more
Moderna's CEO stated that the Omicron strain of the virus is resistant to existing vaccines.
On the back of this news, the indices started declining again, while investors continued to
buy “safe-haven” Japanese Yen.
Read more
Investors are shifting funds to the Japanese yen amid the rapid spread of the new Covid-19
strain "Omicron." The Canadian dollar loses its position due to a sharp decline in oil
quotes. The Euro and the British pound are stable.
Read more
The European Central Bank meeting minutes showed that the PEPP (stimulus program) purchase
may end by March 2022. Global markets are reacting anxiously to the new Covid-19 strain
detected in South Africa.
Read more
The number of new jobless claims in the US was 199,000; analysts expected an amount
of 260,000. Estimates of the US GDP growth in the third quarter improved to 2.1%
from 2%; the forecast was 2.2%. The Fed meeting minutes showed that politicians
are ready to raise interest rates if inflation continues to rise.
Read more
Today, the FOMC protocols are expected to be published as well as some other important US
economic data ahead of tomorrow's bank holiday. Any hints from the Fed to accelerate the
pace of QE reduction or to raise interest rates could push the dollar index higher. If the
pace of the cuts remains the same, the dollar index may start a technical correction.
Read more
The US President Joe Biden supported Jerome Powell for a second four-year term as the US
Federal Reserve chairman. The dollar index and Treasury yields jumped on this news, leading
to a drop in gold and a sharp decline in currencies against the dollar.
Read more
The dollar index is strengthening again, while the euro is declining due to growing concerns
over the COVID situation in Europe. The dollar got support from optimistic comments made by
Federal Reserve officials Richard Clarida and Christopher Waller on Friday, who suggested
that a faster pace of stimulus cuts might be appropriate amid rising inflation.
Read more
Inflation is rising worldwide, somewhere faster, somewhere slower, but the trend is clearly
visible. According to S&P analysts, global inflation will peak in the fourth quarter
of 2021. Now all investors' attention is focused on when central banks will start
raising interest rates in response to rising inflation.
Read more
The British pound sterling increased to a one-week high against the dollar after a sharp
October surge in UK inflation put pressure on the Bank of England to raise interest rates.
Read more
The US retail sales increased by 1.7% in October, while the analyst expected 1.4%.
Such positive data eased investor concerns that the Federal Reserve might have to become
more aggressive in the face of rising inflation.
Read more
The dollar index hit a 16-month high yesterday. Investors are buying the USD because of
a sharp rise in US inflation. This rise confuted the Federal Reserve's view that price
pressures would be temporary and strengthened speculation that interest rates would be
raised earlier than previously expected.
Read more
This week, the main focus of investors will be Consumer Price Index data in the Eurozone,
UK, Canada, and Japan. Most analysts expect inflation to rise in Canada and the UK. A rise
in inflation tends to strengthen the national currency in anticipation that the central bank
will soon begin tightening monetary policy.
Read more
The British pound and the euro showed sharp declines in recent days as the dollar index
increased on speculation that skyrocketing inflation in the United States may prompt the
Federal Reserve to tighten its policy.
Read more
The US consumer price index increased by 0.9% to 6.2% in annual terms; it’s
substantially above analysts' forecasts. With such a sharp rise in inflation, investors
began to rebalance portfolios into the US dollars actively, anticipating a rate hike soon.
The number of new jobless claims in the USA was 267,000, while analysts
expected 260,000.
Read more
Today, the inflation data will be released in the US and Germany. Analysts expect US
inflation to rise insignificantly. But if the actual value is much worse than expected, the
dollar index may react significantly as the Fed is ready to speed up the pace of stimulus
cuts if necessary.
Read more
According to FOMC officials, the US central bank is actively monitoring inflation indicators
and is ready to act decisively if consumer prices continue to rise. But Fed officials are
confident that inflation remains under control and interest rates should not be expected to
rise until the end of the QE program reduction.
Read more
The US labor market statistics are improving. Nonfarm payrolls report showed 531,000
new jobs in October (vs. 455,000 expected). The US unemployment rate fell to 4.6%
from 4.8%.
Read more
The initial US jobless claims were 269,000 (forecast 275,000,
previous 281,000), the lowest since the pandemic began. Today, the US non-farm payrolls
report will also be released.
Read more
According to the results of the Fed meeting, the US central bank will begin reducing its
quantitative easing program in November and plans to end it in 2022. The Fed continues
to believe that high inflation is "temporary" and will probably not require a rapid rise in
interest rates. The Fed will begin reducing its monthly Treasury bond purchases by $15
billion a month and may accelerate the reduction in December if inflation continues to rise.
Read more
Today, traders' attention is focused on the US Federal Reserve's meeting (FOMC). Analysts
expect the US central bank to announce the reduction of the quantitative easing (QE) program
officially. The volatility of currency pairs with the US dollar will sharply increase.
Read more
The US Manufacturing PMI was 60.8 (above the forecast of 60.4) but below the
previous month's value of 61.1. On the one hand, there is a slowdown in activity in the
manufacturing sector of the economy. On the other hand, the PMI index steadily holds above
its average value over the last year, indicating sustainability.
Read more
In September, the US personal income decreased by 1%, while it was expected to drop
by 0.3%, and personal spending increased by 0.6%, as expected. Monetary policy in
the US and other countries is in focus this week, with the Federal Reserve expected to
announce a cut in stimulus.
Read more
The US GDP growth was 2%, below the 2.6% forecast, but the US initial jobless
claims decreased to 281,000 (previous 291,000), the lowest number in 19
months.
Read more
A poll among economists shows that central banks are cutting stimulus measures too quickly,
and supply chain disruption is a major global economic threat. Global growth will decrease
to 4.5% in 2022, compared with 5.9% in 2021.
Read more
The US consumer confidence increased to 113.8 in October (expected 108.3,
previous 109.8). New home sales in the US jumped by 14% in September, with
expectations of a 2.7% increase. This is a good sign of a recovery in the real estate
market.
Read more
Ahead of central bank meetings in Europe, Japan, and Canada, the dollar index slightly
increased, suggesting that investors are now partly reallocating to the dollar amid rising
risks. Australia's quarterly inflation data, which will be published on Wednesday, also adds
caution as high inflation could lead to a change in QE from the Reserve Bank of Australia.
Read more
The US Inflation Expectations index has reached a one-year high. Some economists believe
that the Fed has not fully assessed inflationary pressures, and the next CPI reports could
be shocking.
Read more
The US initial jobless claims fell to 290,000 (forecast 297,000,
previous 293,000). The labor market situation continues to improve. The US Federal
Reserve's business activity index in Philadelphia is 23.8 (forecast 25,
previous 30.7).
Read more
According to Eurostat, annual inflation in the Eurozone accelerated to 3.4% in
September, the highest level since September 2008. In Germany, the producer price
index, which shows the inflation rate among businesses, increased to a record level
of 8.6%.
Read more
The number of new building permits in the US fell by 1.6% to 1.555 million.
Analysts expected an increase to 1.62 million. The real estate market has also begun to
slow down, primarily due to high inflation.
Read more
The US industrial production declined by 1.3% in September, while it was expected to
rise 0.2%. Investors are increasingly worried about inflation, supply chain problems,
and the start of the Fed's monetary policy cut.
Read more
In September, US retail sales increased by 0.7%, while a 0.2% decrease was
expected. The US industrial production data will be released today, with its growth will
likely be held back by supply issues.
Read more
The number of new jobless claims in the US fell to its lowest level since the start of the
pandemic. During the previous week, the number of applications amounted to 293,000,
whereas the experts expected it to be 320,000. The US Central Bank almost reached its
economic goals and soon may start to slowly reduce the pace of its monthly asset purchase
program.
Read more
The US Consumer Price Index increased to 5.4% (expected - 5.3%), the largest
annual gain since 2008. The core CPI, which excludes food and energy prices, remained
at 4% level.
Read more
Fed members Bullard and Bostick support the start of QE program’s cuts in November. At the
same time, the Fed expects the unemployment rate to return to pre-pandemic levels next
spring. Important inflation data will be released today in the US and Germany, as well as
the Fed's (FOMC) monetary policy records are expected to be published.
Read more
Rising energy prices could lead to higher inflation in the coming months and limit consumer
spending on products and services. Ultimately, this might slow the US economic recovery to
the point of recession.
Read more
Friday's weaker-than-expected jobs report for September has not changed analysts'
expectations that the Fed might start cutting back on stimulus by the end of the year. The
US economy added only 194,000 jobs in September. Yet, the data revision for the
previous months showed that the economy had restored half the job deficit compared to
pre-pandemic levels.
Read more
The initial jobless claims in the US declined last week. The number of new applications for
the week was 326,000 (forecast 348,000). This is the lowest quarterly figure
since 1997. Last week it was 350,000. The Labor Market Department will release the
most important report on Nonfarm Payrolls today.
Read more
Fed Chairman Jerome Powell has set a very low bar for the labor market in terms of what the
Fed needs to see moving forward. Therefore, the QE program cut at the November meeting is
likely to be a done deal.
Read more
The dollar index is strengthening again while investors partially shift their money into
cash as the US Federal Reserve will begin asset cuts in 2021 and raise interest rates
in 2022. The US jobs report, including nonfarm payrolls, is crucial to the Fed's asset
reduction schedule.
Read more
The 10-year US Treasury bond yield reached 1.56% last week, the highest level
since June, as investors worried about inflationary pressures and tighter monetary policy.
The dollar index significantly strengthened last week but lost some ground yesterday, which
led to a temporary rise in major currencies against the US dollar.
Read more
Supply chain problems put pressure on manufacturing activity in Europe and China, while US
industrial production unexpectedly increased at the end of the week.
Read more
Initial jobless claims in the US unexpectedly increased last week. The number of new jobless
claims for the week was 362,000. 335,000 had been expected. US GDP increased
to 6.7% from 6.6%.
Read more
The dollar increased to its highest level against other currencies in almost a year, despite
a possible US default and the prospect of more budget cuts than originally planned. But
according to preliminary information, Democratic leaders reached an agreement on a vote on
the debt limit.
Read more
Federal Reserve Chairman Jerome Powell says that the US economy is still very far from
reaching maximum employment. At the same time, Central Bank officials believe that the limit
for raising the key rate is much higher than the limit for starting to reduce bond
purchases. In other words, the Fed will reduce the volume of QE first, and only then will
raise the interest rate.
Read more
FOMC member Williams said yesterday that Fed officials would gather additional data before
the November meeting and make a decision on cutting the QE. No specific dates were given
again, but analysts at leading banks believe that Fed Chairman Jerome Powell will announce
the cutting of QE at the next Fed meeting in early November, but "cutting" will be gradual
and completed by the middle of next year.
Read more
The euro has practically not changed, ignoring the election of a new chancellor in Germany.
The Japanese yen fell to its lowest level in three months on Monday, while the Australian
dollar continued to recover after almost a monthly minimum. US government bond yields
increased to their highest level since early July in anticipation of tighter US monetary
policy, while the dollar index was trading in the middle of its range last week.
Read more
The US jobless claims unexpectedly increased. The number of claims was 351K against a
forecast of 320K. It isn’t good data for the Fed, which expects better labor market
figures to start cutting the QE program and reducing the inflationary pressures on the
economy.
Read more
At yesterday's Fed meeting, Jerome Powell said that the US central bank plans to start
cutting the QE program soon, but nothing was said about specific dates. However, the Rate
Settlement Committee revised the statement after the meeting and indicated that the Fed
might start cutting its monthly asset purchases by $120 billion as early as its next
meeting on November 2-3. An interest rate hike is likely to happen in the second half
of 2022.
Read more
Meetings of the central banks of Japan and the USA are expected today. Amid the sell-off in
global stock markets on Friday and Monday, the dollar and the Japanese yen were safe haven
currencies for investors. Economists believe that Jerome Powell will give a hint about the
QE program cuts today, with an official announcement to be made in November.
Read more
US and European stock indices fell to four-month and two-month lows due to concerns about
China's real estate sector and the upcoming Fed meeting. Investors and hedge funds are
selling off their portfolios and go to cash, which is usually an American dollar. This is
one of the main reasons why major currencies are down against the US dollar.
Read more
According to a survey of Bloomberg economists, the Fed is likely to hint at its meeting this
week that they will reduce monthly asset purchases and make an official statement in
November but will keep interest rates near zero level until 2022. This fundamental
picture will play in favor of a stronger dollar index against the major currencies.
Read more
Despite a slight increase in initial jobless claims, strong US retail sales data
strengthened the dollar index and gave even more reason to believe that the Federal Reserve
will announce the start of QE cuts at its meeting on September 22.
Read more
The US industrial production increased to pre-pandemic levels, indicating a further economic
recovery. All figures indicate that the US economy is in a good position, and it doesn’t
make sense for the Federal Reserve to maintain the stimulus program in such volumes.
Therefore, there is a high probability that the Fed will announce a gradual cutting of the
QE program starting from November at the meeting on September 22 (this year).
Read more
On Tuesday, the US Labor Department reported that the consumer price index increased
by 0.3% (previous – 0.5%), with the inflation at 5.3% on a year-on-year
basis. The core consumer price index, which excludes food and energy prices, increased by
only 0.1%. All this indicates that inflation growth is slowing down in the US.
Read more
Despite the increase in the number of delta strain cases in the United States, the dollar
index increased to a two-week maximum against the background of new expectations that the
Federal reserve system will begin to reduce the quantitative easing (QE) program in the next
quarter. The inflation data will be released in the United States today. Volatility will be
higher than usual.
Read more
The US producer price index increased by 0.7% in August. On an annualized basis, the
index added 8.3% – the biggest increase since 2010. The index tracks changes
in the selling prices producers receive for their products and is another economic indicator
of inflation used by the Federal Reserve to adjust monetary policy.
Read more
In the US, the number of initial jobless claims fell to an 18-month low (current –
310,000, previous – 345,000). This statistic dispelled fears of slowing economic
recovery but also increased other concerns that the Fed will start to reduce the QE program
as early as in November this year.
Read more
John Williams, a representative of the US Federal Reserve Bank of New York, said that the
labor market needs
significant progress to achieve the maximum goal of the Central Bank. However, he added that
it might be
appropriate for the Federal Reserve to start cutting the QE program later this year if the
economic situation
continues to improve.
Read more
Concerns about the slowdown of economic recovery are growing in the world, which has a
negative impact on major
indices in the United States, Europe, and Asia. In the US, unemployment payments will end
soon, which could
significantly impact economic progress.
Read more
Against the background of poor labor market statistics, which were published on Friday,
economists are confident that the Federal Reserve will definitely not revise the
quantitative easing program until November. But it’s not the best idea to delay this since
the US risks being at the end of the country's list when moving to a new phase of economic
development.
Read more
The US Non-Farm Payrolls statistics strongly disappointed economists. Only 235,000 jobs
were added to the US economy in August (vs. 733,000 expected). This signifies a very
sharp slowdown in the labor market. The main reason is the increase in the number of Delta
strain cases. This fundamental picture plays in the favor of the dollar index decline and
the strengthening of the major currency pairs against the US dollar. It’s a Bank Holiday in
the United States and Canada today, and taking into account the lack of important events
during the European session, there will be low volatility today.
Read more
Initial jobless claims decreased to 340,000 in the US – the lowest level since
March 2020. Investors are now focusing on the nonfarm payrolls data. Economists expect
the number of workers to increase by 720,000 a month and the unemployment rate to fall
from 5.4% to 5.2%. If the data is better than these expectations, the dollar index
might rise significantly.
Read more
The national employment report from ADP showed that the еmployment in the US' private sector
increased by 374,000 in August compared to 326,000 in July, which is much less
than the forecast of 613,000. Such statistics have negatively affected the dollar
index.
Read more
US CB Consumer Confidence index reached a six-month low, and the inflation rate in the
eurozone increased to a ten-year high. Considering this news, the dollar index slightly
strengthened, which caused corrective movements on currency pairs against the dollar.
Read more
The dollar index has stabilized a bit, but is still trading near its two-week low. There is
a high probability that the situation will not change significantly until the next Fed
meeting, which will be held on September 22. The excess liquidity in the financial
system will lead to further weakening of the dollar. That's why the US dollar will be losing
its positions against other currencies. The only thing that can prevent this is strong US
labor market data report that will be released at the end of this week.
Read more
Federal Reserve Chairman Jerome Powell’s speech became the main event of the last week
following the annual Symposium in Jackson Hole. Mr. Powell said that as long as the labor
market remains substantially sluggish with the problematic pandemic situation, the
tightening of the monetary policy could be a mistake. In other words, the soft monetary
policy remains the same. Considering this news, the dollar index began to lose its position,
which led to the strengthening of other currency pairs against the dollar.
Read more
The number of initial jobless claims in the US slightly increased to 353,000
from 349,000 last week. But these figures are still at pre-crisis levels, indicating a
stable labor market situation. US GDP year-on-year increased to 6.6%
(previous 6.5%), although this is below economists' expectations of 6.7%. The head
of the Fed, Jerome Powell, will give a speech today following the symposium in Jackson Hole.
This verbal intervention may increase the volatility in the financial markets.
Read more
The annual meeting of the Federal Reserve will begin today in Jackson Hole. Analysts believe
that the Fed may postpone cutting the QE program because of the global rise of Delta cases.
Goldman Sachs experts have raised the odds of a stimulus cut announcement in November
to 45% from its previous forecast of 25% and lowered the December chance
from 55% to 35%. But a lot will depend on whether the cutting happens this year or
next. If the program is cut this year, investors can forget about the growth of the stock
market until the end of the year.
Read more
The dollar index is trading near a one-week low. After US regulators fully approved the
COVID-19 vaccine, fears that a contagious version of Delta could disrupt the economic
recovery are easing. Also, more investors are now inclined to believe that the head of the
Fed, Jerome Powell, will not announce a stimulus cut in Jackson Hole since the
representatives of the Fed have very different points of view regarding this issue, and Mr.
Powell will not take on additional responsibility.
Read more
Economic activity in the US manufacturing and service sectors decreased in August. The
decline was worse than economists had expected. The main reason for the slowdown was delays
in the supply chain, which reached record levels. The dollar index demonstrated yesterday
the largest one-day drop since May.
Read more
The increase in COVID-19 cases prompted the Federal Reserve to move its annual symposium in
Jackson Hole to an online format, which had a negative impact on the dollar index and called
into question a broader assessment of the economic impact of the Delta strain. The US dollar
rebounded from Friday's nine-month high at the opening of trading on Monday.
Read more
US jobless claims fell to a pandemic low of 348,000 (previous - 377,000),
indicating a recovery in the labor market. On the one hand, this is very good for the
economy and the dollar index. On the other hand, the labor market recovery brings the moment
when the Federal Reserve will begin to reduce the QE program, which will cause massive sales
in the financial markets.
Read more
The FOMC minutes of the July meeting suggest that the reduction of the QE program is already
possible this year. September is just around the corner, so the labor market still needs to
improve its data before the central bank begins cutting stimulus measures. Investors'
attention is now focused on the annual economic symposium that will take place next week,
where Jerome Powell will disclose the details about the future plans of the Fed.
Read more
US retail sales decreased by 1.1% in July, while the core retail sales index decreased
by 0.4%. Both indicators did not meet the expectations of economists, but despite that
the dollar index increased by 0.54%, which, in its turn, triggered sharp movements on
currency pairs with the US dollar. Fed Chairman Jerome Powell said that the central bank
does not know how the outbreak of the Delta strain might affect the economy, so the central
bank is just watching the situation.
Read more
The survey among investment banks showed that the majority of respondents believe that the
Federal Reserve will announce a reduction in the QE program at the meeting on
September 22. In this case, the reduction of stimulus will begin on December 1,
2021, and will be completed by August 1, 2022, after which the Fed will raise the
interest rate by 0.25% at the beginning of 2023. Usually, after the announcement
of the QE program reduction, there is a massive sale of assets in the financial markets
observed.
Read more
Last week, the University of Michigan released its Consumer Confidence Index data. The index
decreased from 81.2 to 70.2, indicating growing fears about the future dynamics of
the economic recovery. As a result, the dollar index fell sharply on Friday. This week
investors will closely follow the publication of FOMC minutes as well as the speech of the
Fed chief Jerome Powell.
Read more
Last week the number of new jobless claims was 375,000 (previous - 387,000) in the
US, in line with economists' forecasts. The labor market is slowly recovering. In July, the
US producer price index increased more than expected as high inflation and strong demand
driven by the economic recovery continues to damage supply chains. The producer price index
increased by 7.8% in the last 12 months; this is the highest value
since 2010.
Read more
According to the US Labor Department, the consumer price index (CPI) decreased
from 0.9% to 0.5%. The core CPI, which does not include food and fuel prices, fell
from 0.9% to 0.3%. On a year-on-year basis, the inflation remained at 5.4%,
in line with forecasts. Core annual inflation decreased to 4.3% from 4.5%. The US
inflation growth is slowing down, easing investors’ fears that the Federal Reserve will
reduce its QE program soon. Considering this news, the dollar index decreased by 0.16%.
Read more
Today, the US inflation data will be published for the previous month. A rise in inflation
could cause strong sales in financial markets, as cutting the Federal Reserve QE program is
the only way to suppress inflation. Rising inflation could also heighten expectations of
rate hikes next year. If inflation is lower, there is a possibility that everything will
remain the same.
Read more
In June, the number of job openings increased to a new record level of 10.1 million in
the US. It exceeded analysts' expectations and is above the previous value of 9.5
million in May. Yesterday, Federal Reserve official Rafael Bostic said that the US must
overcome the economic crisis caused by the epidemic before the central bank will begin to
raise interest rates.
Read more
The labor market data were better than expected. In July, the US economy
introduced 943,000 jobs, and the unemployment rate decreased to 5.4%
(previous 5.9%). Considering this news, the dollar index sharply increased, which
caused rapid movements on the major currency pairs with the US dollar. Today, traders should
focus on the Fed officials' speeches - Raphael Bostic and Thomas Barkin, who are
inclined to reduce the QE program.
Read more
Initial jobless claims in the US decreased by 14,000 to 385,000. The number of
layoffs fell to its lowest level in more than 21 years. This indicates that amid a
labor shortage, companies are holding on to their workers by any possible means. Today, the
investors' attention will be focused on the Nonfarm Payrolls data release and the
unemployment rate in the USA. The good labor data might raise concerns that the Fed will
start cutting its QE program soon. Negative labor market data will prompt questions about
the economic recovery but will add confidence that the soft monetary policy will remain the
same.
Read more
According to July's ADP employment report, the number of jobs in the private sector
increased by 330,000. This is fewer than last month, but still, it says that there are
improvements in the labor market. The ISM Service PMI Index also showed
improvement (64.1 vs. 60.1). Considering the positive news, the dollar index
jumped by 0.21% yesterday, which led to sharp movements on the currency pairs with the
US dollar.
Read more
Volatility in forex currency pairs has increased recently. There are two reasons for that.
The first one is that investors don't want to take risks before the release of the main
labor market report (non-farm), which will be published later this week. The second reason
is the end of summer. Many investors and bankers are taking vacations, so statistically,
August is a weak month in terms of activity.
Read more
After 14 months of gains, the US ISM manufacturing index figures slowed down in June.
Supplier companies announced they are struggling to meet rising demand, as high raw material
prices and transportation supply problems are the main reasons that limit production growth
potential. There is also a problem with the labor market, as, despite improvements,
companies are experiencing serious difficulties attracting and retaining labor.
Read more
Personal Consumption Expenditures (PCE) in the US sharply increased in June as the
acceleration of the COVID-19 vaccine boosted demand for travel-related services. But it is
also connected with the increase in prices, as the inflation rate in the United States has
increased greatly. After months of work, US senators introduced a $1 trillion
infrastructure bill. The bill will undoubtedly affect economic growth and the labor market.
Read more
The US GDP increased to 6.5% last quarter (previous 6.4%) in annual terms. It is
significantly lower than 8.5% expected by economists. Weekly jobless claims fell
to 400,000 (previous 424,000), but analysts had expected a figure of 382,000.
As a result, the dollar index has decreased by 0.45% to a monthly minimum.
Read more
The Federal Reserve left monetary policy unchanged: the interest rate remains the same, and
the quantitative easing program (QE) is not planned to be reduced for now. At the Fed press
conference, Jerome Powell said that the Fed wants to see strong labor market figures in the
coming months before it starts cutting QE. The situation in financial markets will remain
unchanged at least until the end of August.
Read more
The Consumer Confidence CB Index in the US was above analysts' expectations. The annual
forecast for consumer inflation declined from 6.7% to 6.6%. Meanwhile, core
durable goods orders also increased, despite concerns about the acceleration of inflation.
But the dollar index reacted negatively to the news as strong growth of the economy in the
third quarter could prompt the Federal Reserve to start cutting the QE program this summer.
The Federal Reserve meeting will take place today.
Read more
In the US, new home sales unexpectedly fell by 6.6% in June to their lowest level
since April 2020. The sharp increase in construction costs in recent months, from the
labor force to transport, restrains the construction of houses, which contributes to the
rise in prices, while the offer of houses remains limited. A Commerce Department report
showed that the average sales price of a new home increased by 6.1% compared with a
year earlier.
Read more
A lot of important events are expected this week, from the Fed meeting to inflation data in
Europe. Investors will be extremely cautious at least until the Fed's policy decision that
will be announced on Wednesday. Many economists expect that the central bank may announce a
reduction of the QE program; however, during the last speech of Jerome Powell before
Congress, it was said that the Fed will not rush to reduce the QE, as the labor market is
still very far from the pre-pandemic level. As a result, there is a strong divergence of
opinion on what the Fed will do.
Read more
A lot was said at yesterday's ECB meeting, but the attendees didn’t go into details. It is
clear that the ECB will maintain its soft monetary policy. The ECB eliminates any tightening
of monetary policy until there will be a steady rise in inflation in the eurozone. The
interest rate remains unchanged. There will be an increased pace of bonds purchases over the
next 2 months, and this will put negative pressure on the European currency.
Read more
Today all investors' attention is focused on the European Central Bank meeting, which will
report on the interest rate and give more details on the future stimulus strategy, so
volatility on euro pairs will increase. Many economists believe that the ECB's more dovish
strategy should strengthen the dollar index in the medium term, leading to an eventual
decline in the euro. But in the short term, the European currency may strengthen at the time
of news release.
Read more
Optimism from investors returned to financial markets, but the situation still remains
uncertain. On the one hand, the economies of many countries show good signs of recovery. On
the other hand, the new wave of coronavirus can slow down these growth rates and lead to new
lockdowns. In the meantime, investors are looking for profitable opportunities in stock
markets, as there are practically no investment alternatives today.
Read more
Concerns about accelerating inflation in the US and the global rise in cases of the Delta
strain of the coronavirus continue to put pressure on financial markets. Last week, the
number of new cases in the US increased by 70% compared to the previous week and the
number of deaths increased by 26%, with outbreaks occurring mostly in those parts of
the country where the vaccination rates are the lowest. Such numbers are very negative for
both stock indices and commodity markets.
Read more
Concerns about accelerating inflation in the US and the global rise in cases of the Delta
strain of the coronavirus continue to put pressure on financial markets. This week is not as
eventful as the previous one, so volatility is expected to be low until Wednesday. On
Wednesday, the ECB will report on the interest rate and give more details about its updated
stimulus strategy, which will cause activity on currency pairs with the euro.
Read more
The US labor market is gaining momentum. Jobless claims decreased by 26,000
to 360,000. It’s the lowest number in the last 16 months. The number of repeated
claims also fell by 126,000 to 3.2 million. As the labor market is recovering,
many states have terminated fringe benefits provided since the start of the crisis.
Read more
Yesterday, Fed Chairman Jerome Powell pointed out that the economic situation wouldn’t allow
the Fed to reduce the QE program in the near future, as 7.5 million jobs were still
missing from the previous levels. When asked about the rise in inflation, Mr. Powell said
that the price increases were temporary and predetermined by the country's recovery from the
pandemic. The Fed promised strong support to complete the US economic recovery this year.
Read more
The consumer price index data slightly shocked financial markets. Annual consumer inflation
accelerated to 5.4% from 5% (forecast 4.9%), and the core CPI increased
to 4.5% from 3.8% (forecast 4.0%). It’s a record for the las 30 years.
This data shows that inflation is out of control and revives investor fears that the Fed
will tighten monetary policy in the near term. Today, traders will follow what Jerome Powell
will say in his speech to Congress.
Read more
It was a quiet day in the financial markets yesterday. Today, traders are waiting for the US
Consumer Price Index (CPI) data, which is the most important inflation parameter. Analysts
believe that the index will be lower than last month, but the volatility will significantly
increase during the release.
Read more
Many important events are scheduled for this week. Central bank meetings will be held in
Canada, Japan, New Zealand, and South Korea. No surprises are expected, but the meetings
will take place at a time of growing uncertainty due to increased cases of Delta strain of
COVID-19. New inflation data will be released in the United States, United Kingdom, and
Eurozone. Investors will watch China's GDP data for the second quarter. Monday will be
quiet, but volatility will gradually increase later this week.
Read more
The Federal Reserve will reduce its quantitative easing (QE) program on January 1,
2022. But the situation in the US labor market is starting to worry investors again. The
number of Americans filing for unemployment benefits unexpectedly increased last week
to 373,000, indicating that the labor market recovery from the pandemic remains
fragile. There are also concerns that global economic growth will slow down due to the rapid
spread of the Delta strain.
Read more
The FOMC minutes indicate that the Federal Reserve will strive to cut the asset purchase
program (reduction of QE) this year. The dollar index rushed upwards in light of this news,
making other currencies fall.
Read more
Oil prices are out of control. It negatively affects not only commodity currencies but also
major currency pairs because oil prices are quoted in US dollars, and the United States is
the largest exporter of fuel. Today, traders and investors are waiting for the FOMC minutes
to show if the Fed will continue with its soft monetary policy.
Read more
Yesterday, the volatility in the Forex market remained low. The macrostatistics from
Australia, Europe, and the USA are expected today, so the market will be volatile. Also,
investors are waiting for the FOMC minutes, which will be published on Wednesday this week.
The New Zealand dollar is rising as a strong business survey has moved expectations for a
rate hike to November. The Australian central bank left the interest rate unchanged at 0.1%.
Read more
Yesterday, the United States celebrated its 245th Independence Day. At the opening
party at the White House, Biden said, “This year, the Fourth of July is a day of special
celebration for we are emerging from the darkness of ... a year of pandemic and isolation, a
year of pain, fear and heartbreaking loss”. Today is a bank holiday in the US, so volatility
in the Forex market will be low.
Read more
Today all investors' attention is focused on the Non-Farm Payrolls report. Positive labor
market data can be perceived ambiguously. On the one hand, if the report is too good,
investors may start selling their portfolios on the Fed's stimulus cuts expectations. On the
other hand, the unemployment rate has to be 2 million new jobs every month
(with 700,000 planned) to reach pre-crisis levels. However, the market does not believe
in such optimism as the number of new jobless claims turned out higher than expected
yesterday.
Read more
Preliminary employment data from ADP showed that the US private sector added 692,000
jobs in June, 92,000 more than economists had expected. Investors are now waiting for Non
Farm Payrolls data from the government to gauge the labor market recovery. The previous
figure was 559,000.
Read more
The dollar index rose slightly, negatively affecting major currency pairs, where the dollar
is a quoted currency. Trading activity is below average now, as investors are waiting for US
employment data. The rapid spread of a new strain of the virus in Asian countries is causing
concerns in financial markets.
Read more
Major Forex currency pairs are showing weak activity. The dollar index is fluctuating below
a two-month high, with investors unwilling to take risks ahead of ADP Non Farm data at the
end of the week. А report on the consumer price index in Europe may provoke traders to be
more active tomorrow.
Read more
Trading activity will be low until the middle of the week. Investors are now waiting for the
ADP Nonfarm Payrolls labor market data to be released on Friday. But based on current
trends, US employment remains extremely low compared to pre-coronavirus levels. For the US
Federal Reserve to begin cutting the stimulus, monthly employment growth would need to be
about 2 million people, with analysts forecasting 700,000-800,000.
Read more
Yesterday, the US S&P 500 index set a new all-time high due to the positive US
labor market data. The number of jobless claims fell over the past week, indicating a steady
economic recovery.
Read more
June manufacturing PMIs in the US and Europe show economic recovery. As long as such global
monetary policy persists, the dollar index will weaken, while major currencies will
strengthen against the dollar. This situation will last at least until August.
Read more
There were no harsh statements in Jerome Powell's speech in the US Congress. The head of the
Fed assures that the regulator will not rush to tighten monetary policy, as the labor market
data is still very weak. As soon as the country's unemployment rate starts to decline
sharply, the Fed will open the issue of curtailing stimulus.
Read more
The dollar index started to decrease, which triggered corrective movements on the major
currency pairs. The Fed chief Jerome Powell’s speech is expected by the traders today. He
will talk about the further actions of the central bank. This verbal intervention may
provoke an increase in volatility.
Read more
The situation with the main currency pairs is mixed. On the one hand, the Federal Reserve
has inflation under control and is ready to respond quickly to significant changes in
inflation indicators. On the other hand, the volume of dollar liquidity in the financial
system remains high and will continue to grow, which is a negative factor for the USD index.
This is why analysts believe that the strengthening of the US currency is temporary.
Read more
The dollar index continues to rise. But analysts are confident that the current
strengthening is temporary, as the growth of the US dollar is primarily due to the fact that
the Fed raised the IOER rates (Interest Rate on Excess Reserves) in order to prevent
negative yields in the debt market. The rate hike led to a sharp rise in treasuries and the
dollar index, but this effect, according to experts, will not last more than 1-2 weeks.
Read more
Yesterday's US Federal Reserve meeting had a significant impact on the dynamics of Forex
currency pairs. The Fed officials intend to raise the interest rate in 2023 but might
do it earlier if inflation continues to rise. The Fed will discuss the possibility of
cutting the bond-buying program at the next meeting. However, the interest rate and stimulus
remain unchanged for now. The dollar index jumped up sharply on this news, provoking
significant changes in the currency pairs.
Read more
The Fed will announce the interest rate and share the economic outlook at the FOMC meeting
today. The market reaction to this news is usually huge, so traders should be careful. At
the end of the trading day, Jerome Powell will make an official statement. His comments will
reflect the Fed's further monetary policy plans.
Read more
Financial markets have taken a wait-and-see position again. Despite the analysts’ confidence
that the Fed will not take any action on monetary policy, investors are not in a hurry to
open new trades before Fed Chairman Jerome Powell's speech on Wednesday this week.
Read more
Today, British Prime Minister Boris Johnson will decide whether or not to postpone the final
stage of lockdown lifting scheduled for later this month. If there is no сhange, the British
pound can strengthen amid investor expectations for an improved economic climate in the UK.
Read more
Inflation growth was slightly higher than expected – 5.0% compared to the
forecasted 4.7% on a year-on-year basis. But in monthly terms, the growth rate slowed
down, which positively affected the markets. As a result, the Fed is unlikely to change
monetary policy at the next FOMC meeting.
Read more
Today all investors' and traders' attention is focused on the ECB interest rate report and
US inflation data. Increasing inflation may provoke the Fed to think about changing its
monetary policy. Experts believe CPI data will show inflation rising from 4.2%
to 4.7% in annual terms.
Read more
The US central bank says rising inflation will not threaten price stability this quarter,
but investors are concerned that Thursday's CPI data will show inflation acceleration.
Read more
On Sunday, US Treasury Secretary Janet Yellen mentioned a possible increase in interest
rates to curb inflation. Talks of a temporary rise in inflation have shifted to suggestions
that "inflation is not that high." Investor fears are growing, with Thursday's inflation
data (consumer price index) being a key factor.
Read more
Positive nonfarm payroll data have eased investor fears about inflation, but the risk of an
early stimulus cut remains high. This week, investors will focus mainly on the consumer
price index, which is the most important indicator of inflation.
Read more
Positive labor market statistics, accelerating US economic growth, and statements by US
Federal Reserve officials about selling corporate bonds have raised investor fears that the
Fed could start reducing stimulus measures as early as its next meeting on June 15.
Read more
While the US dollar remains in a weak position, the G7 countries plan to meet in London
later this week to discuss Washington's proposal for a minimum global corporate tax of at
least 15%.
Read more
Due to the rapid pace of economic recovery in the US, China, and Western Europe, investors
remain concerned that central banks will pare back their stimulus measures earlier than
expected.
Read more
Due to the rapid pace of economic recovery in the US, China, and Western Europe, investors
remain concerned that central banks will pare back their stimulus measures earlier than
expected.
Read more
At the end of this week, there will be a meeting of the G7 representatives in London. The
main topic of the meeting is to ensure the sustainability of the financial system as the
economy is recovering from the pandemic. At the moment, the G7 heads of central banks
promise to maintain a stimulative policy this year.
Read more
Friday's release of personal consumption expenditures (PCE) data, which the Federal Reserve
uses as a preliminary indicator of inflation, showed that inflation rose above the 3% mark.
With monetary policy remaining soft, this level of inflation is negative for the dollar
index and positive for the major currency pairs against the US dollar, especially the euro
and the British pound.
Read more
The British pound is rising on expectations of an interest rate hike, while the dollar is
waiting for the Personal Consumption Expenditures (PCE) report, which is a preliminary
indicator of inflation.
Read more
The US macro statistics on GDP change for the quarter will be released today, which is the
key indicator of the economy's health. The analysts expect a small gain in GDP, which may
have a temporary positive effect on the dollar index.
Read more
New Zealand's currency jumped after the central bank hinted at a potential interest rate
hike by September next year. At the moment, three central banks are ready to tighten
monetary policy: Canada, Norway and New Zealand.
Read more
COVID-19 vaccination is accelerating in Europe. This allows many countries to reduce
pandemic restrictions, which will undoubtedly lead to increased consumption and general
economic growth.
Read more
Considering the maintenance of the Fed's monetary policy and the excess of dollar activity
in the US financial system, it is difficult to find a reason for the dollar index to
strengthen in the near future. This situation plays in favor of the euro and other major
currencies against the US dollar.
Read more
After the Fed meeting on Wednesday, it became clear that there would be no sharp changes in
monetary policy until the end of the year. So the dollar index will continue to decline for
some time, which will result in the strengthening of the major currencies against the US
dollar.
Read more
Yesterday, at the Fed meeting, it was announced that the regulator would be reducing the
stimulus program (QE) during the next 3 quarters. It means that the US is likely to stop
printing money by the end of the year. It may lead to an interest rate increase.
Read more
The Fed FOMC meeting minutes will be released today. Any signs of a change in monetary
policy may lead to trend reversals in currency pairs with the US dollar.
Read more
There is an economic recovery in Europe. As a result, the major European currencies
strengthen against the dollar. However, the Indian strain of coronavirus can prevent the
weakening of the lockdown.
Read more
Because of the weakness of the US currency, major currency pairs continue to strengthen
against the dollar. The euro and the British pound are leading the growth.
Read more
The US Federal Reserve is not going to take any steps on monetary policy because it believes
that the rise in inflation is temporary. That is the green light for the indices and the
euro.
Read more
The Labor Department report confirmed fears of accelerating inflation.
Read more
Rising inflationary expectations put pressure on the dollar index.
Read more
The US Treasury Department will refund approximately $47.7 billion of privately-held
Treasury notes and bonds. It could make currencies strengthen against the dollar.
Read more
Low volatility is expected today, as no important events are planned.
Read more
Important macroeconomic statistics will be released in the USA and Canada today, so traders
should be especially careful. Volatility in the American session will be higher than usual.
Read more
The Bank of England will announce the Interest Rate Decision today. Same as in the US, no
changes are planned in monetary policy.
Read more
Yesterday's drop in U.S. indices did not significantly affect the major currency pairs. On
Tuesday, volatility in the Forex market was lower than usual.
Read more
Today at the Asian session, the Central Bank of Australia reported on the interest rate
change. As analysts expected, the rate remained at a level of 0.1%.
Read more
Today, Fed Chairman Jerome Powell is expected to speak, and his statements have a strong
impact on the behavior and volatility of the dollar index and major stock indices.
Read more
Negative macroeconomic statistics are expected today for German and Europe GDP, as most
small and medium-sized companies are unable to fully function due to the strict lockdown.
Read more
The Federal Reserve System has left the interest rate unchanged, but with the projected GDP
growth, there are signs that the stimulus may decrease this year.
Read more
Today investors will be closely watching the FOMC Interest Rate meeting. The Federal Reserve
is not planning to deviate from its strategy, so investors should not expect any significant
changes in monetary policy.
Read more
Today, investors expect a positive release of macroeconomic statistics on Consumer
Confidence, but there are concerns about the U.S. currency optimism, as the U.S.Treasury
plans to redeem $15 billion of bonds today.
Read more
No excessive activity is expected in the market today. With a high probability the markets
will take a wait-and-see attitude until the FOMC meeting on Wednesday, so intraday trading
will be the most preferable strategy in the coming days.
Read more
Today, investors are waiting for PMI data in the manufacturing sector in the US and Germany.
Analysts expect positive news, which is thought unlikely to have a strong impact on the euro
or the dollar dynamics since market participants focus on the upcoming Fed meeting.
Read more
On Thursday, the dollar continued to trade against most major currencies near multi-week
lows as declining US Treasury yields reduced the dollar's profit margin. The euro traded
without significant changes in anticipation of today's publication of the European Central
Bank decisions following the scheduled meeting. Most analysts suggest that any positive
comments on the EU's economic outlook or hints from the Central Bank of reducing bond
purchases could trigger a rise in the European currency.
Read more
Yesterday, the dollar strengthened amid declining stock prices in the major US stock
exchanges due to new coronavirus outbreaks in India and Canada. The news had a negative
impact on the positive sentiment of most market participants and reduced the likelihood of a
rapid global economic recovery.
Read more
The dollar fell to a fresh low against major currencies as the euro led the rally amid
improving forecasts on the regional vaccination program. The euro support was likely related
to the announcement that the European Union has received an additional 100 million
COVID-19 vaccine doses from BioNTech and Pfizer. The dollar has already lost momentum as the
US bonds yield has declined from its 14-month peak last month, moderating the
attractiveness of dollar yields.
Read more
On Monday, the dollar was trading near a one-month low against most other major currencies.
The US Treasury yields have also been near their lows for the past five weeks since the US
Federal Reserve reaffirmed that any spike in inflation wouldn’t last long.
Read more
Yesterday, the Federal Reserve Bank of San Francisco President Mary Daly said that the US
economy is still far from "substantial progress," meeting the central bank's 2%
inflation target and the Fed's required employment rate. For this reason, Ms. Daly warned
against early talks on reducing the regulator’s monetary support. Her remarks backed Fed
Chairman Jerome Powell’s statements that Fed officials would not pay much attention to
short-term price increases amid the ongoing labor market downturn.
Read more
On Wednesday, in the absence of important economic data, the dollar index continued to
decline, and traders focused on the credit market. German Bonds continued to rise versus US
T-Note. The yield spread has reached -189%, showing the best results in the last two
weeks. This factor supported the European currency against the US dollar. Also, the sharp
rise in oil prices supported commodity currencies.
Read more
On Tuesday, the dollar index continued to decline amid strong economic performance in
Europe. The ZEW Index stays consistently above 70, while investor expectations continue
to rise. In this light, the yield spread between the American T-Note and German Bonds rose
to -192%, which supported the bulls in the euro against the dollar. Also, February
manufacturing figures unexpectedly rose to 1.3%, while economists' forecast
was 0.5%. This factor helped to stop sterling's steep dive.
Read more
On Monday, the ECB and the US Federal Reserve released data on the change in assets on their
balance sheets. The European Central Bank's index fell by €10.91 billion over the past
week, while the Federal Reserve increased the figure by $19.89 billion. Thus, the Fed
prints money more actively than the ECB, which negatively affects the dollar. The commodity
market remains in demand for metals and energy, which will have a negative impact on the
value of the dollar since raw materials are quoted in the US currency. Investors are waiting
for the rapid growth of the global economy in the summer and are playing out this trend in
advance by purchasing exchange commodities.
Read more
On Friday, the dollar index continued to remain under pressure amid statements by Janet
Yellen and Jerome Powell, who reaffirmed their commitment to soft monetary policy. The
Minister of Finance indicated that the need to maintain low interest rates would be required
in the upcoming years. After that, the head of the Fed announced the possibility of the
monetary regulator to use the instruments that would put pressure on inflation without
changing monetary policy.
Read more
On Thursday, the dollar index declined in light of Jerome Powell’s comments and labor market
data. The head of the Fed says that the monetary regulator has tools to combat high
inflation, and they will be applied if necessary. This statement underlined the central
bank's commitment to keeping interest rates low. Labor market data showed volatility. Recent
jobless claims rose to 744K, while the forecast was 680K.
Read more
Quiet trading was observed on Wednesday. The dollar index rose slightly mainly due to the
decline in commodity currencies and the sterling. The British currency fell sharply amid
reports of problems with the AstraZeneca vaccine. Blood clots after its use continue to be
reported, jeopardizing the drug's export and vaccination program to countries that depend on
it, including the UK. The final PMI data from IHS Markit disappointed traders a little. The
service sector index was below preliminary estimates in the UK and Italy. France, Italy, and
Spain are still showing negative dynamics in this sector.
Read more
On Tuesday, the yield on 2-year US bonds continued to fall, and the dollar index
declined after the Secretary of the Treasury Janet Yellen’s statements. The European
currency accelerated growth on the back of positive data from Sentix. According to the
company's research, the index of investors' expectations for the economic recovery in the
Eurozone reached a record level of 34.8. The current situation index jumped to levels
last seen before the pandemic. The British currency came under pressure after Boris
Johnson's messages about a delay in air travel resumption due to the Covid-19 pandemic.
Read more
On Monday, the dollar index fell sharply amid messages from US Treasury Secretary Janet
Yellen about the need to adhere to a soft monetary policy in the next few years. In her
opinion, the $1.9 trillion bill signed last month to combat the US pandemic will not
cause inflationary pressures. Also, the Central Bank of China has decided to cap lending
to 2020 levels. It caused a drop in Asian stock indices, a rise in the yen, and
additional pressure on the US dollar.
Read more
Important data on the US labor market was released on Friday. NFP numbers came out very high
at 916,000, well above the median of 660K. The change in the unemployment rate was
in line with the forecast of 6.0 %. In this light, the US dollar rose slightly.
Low volatility is due to lower trading volumes ahead of the holiday weekend. Today the
market will assess the state of the service sector in the United States, and the volatility
in the foreign exchange market may gradually increase.
Read more
On Thursday, the dollar index fell in light of positive data on the manufacturing sector in
Europe. Eurozone PMI rose to 62.5 in March, according to IHS Markit. Preliminary data
indicated a rise to 62.4. Later in the American session, a similar index for the US
from ISM was published. The US manufacturing sector grew to 64.7, the highest since
December 1983. But the market showed little reaction to the data, as there was a
decline in trade volumes ahead of the holiday weekend. Markets in the three main financial
regions of the US, the Eurozone, and the UK will be partially closed today. So, a decrease
in volatility can be observed.
Read more
The market expects positive data from the US labor market. Job marketplace forecast is
647,000.
Read more
On Wednesday, the dollar index slowed growth and even closed in the red in the light of
slightly lower-than-expected ADP data. According to the institute’s research released on
Wednesday, the workforce increased by 517,000 in March, and the February figures were
revised to 176,000. The median forecast of economists was 550,000. However, it is
still a significant hiring rate. Leisure and hospitality accounted for the bulk of the
growth, indicating a faster recovery in the labor market. Small and medium-sized businesses
showed higher employment growth than large companies in March.
Read more
On Tuesday, the dollar index rose the most in the past five trading days, as optimism about
the US labor market increased. The NFP forecast rose even more to 680,000 after the
publication of CBI data. Consumer confidence in the US has reached an annual high in March.
According to a Tuesday’s report, the Conference Board Index rose to 109.7, compared
to 90.4 in February. It was the sharpest monthly gain in nearly 18 years and beat
the most optimistic forecasts in the economists’ survey. In this light, American Treasuries
have grown above 1.73%, and the dollar continues to grow.
Read more
On Monday, the dollar index resumed its growth amid positive expectations for the labor
market data. After the announcement of declining initial jobless claims and rising consumer
confidence, the median NFP forecast was 643,000 jobs, and the unemployment rate
was 0.2% lower. In this light, the yield of American Treasuries reached 1.74%, and
their spread with German and British bonds rose to new record levels, which supported the
dollar.
Read more
On Friday, the dollar index fell slightly amid a slowdown in inflation. The price index for
the Fed surprised the market a little. The core PCE price index declined by 0.1% to 1.4% on
an annualized basis, which slightly eased worries over an imminent monetary tightening.
However, other indicators are positive, allowing the dollar to remain bullish. Consumer
sentiment indices continue to rise, indicating a recovery in the labor market.
Read more
On Thursday, the US GDP data was released. The final result was 0.2% higher and
amounted to 4.3%, which allowed the dollar index to continue to grow and renew the
highs of March 9. In addition, the decline in the number of initial jobless claims
strengthened the position of the US dollar. The exception in the foreign exchange
market was the sterling, which rose against the dollar amid the start of trade negotiations
between the EU and the UK. The market sees this as the beginning of a warming relationship
between the two sides.
Read more
The main Wednesday event was the release of PMI data from IHS Markit. According to
preliminary data, Germany’s production rose at a record pace in March, which led to the
European economy’s recovery. Purchasing managers' indices from the two largest Eurozone
economies – Germany and France – surpassed economists' estimates as orders soared
and confidence that quarantine measures would eventually end boosted hiring. In Germany, the
survey results are "hinting at the prospect of a better-than-expected economic performance
in the first quarter," said Phil Smith, an IHS Markit economist.
Read more
As a quick resumption of global economic growth came into question again, market sentiment
changed. Germany, France, and Italy have expanded restrictions related to the coronavirus
pandemic, while other countries are also seeing a sharp increase in the number of infected.
The head of the World Health Organization called the recent rise in mortality and morbidity
"truly worrying trends." Also, the US National Institute for Infectious Diseases
questioned the effectiveness of the vaccine from AstraZeneca, which led to an even more
significant fall in stock prices and, as a result, a rise in the dollar across the entire
spectrum of the market.
Read more
On Monday, in the absence of important macroeconomic news, the market stayed calm. The
dollar index closed the gap formed at the opening of this week’s trading. The market is
still ignoring new measures to prevent the spread of coronavirus in Germany. According to
chancellor Angela Merkel’s plan, all stores will be closed for five days
from April 1, except for grocery stores, which will open on April 3.
People will be asked to stay at home, private meetings will be limited to one household and
a maximum of five people, and public meetings will be prohibited.
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On Monday, at the opening of the Asian session, a small gap was observed. European
currencies declined slightly against the dollar due to a new round of tensions between
the EU and the UK. The reason was the supply of the vaccine from AstraZeneca,
which, according to the European Union, hadn’t been conducted in accordance with the
contracts. In this light, the EU warned that vaccines and ingredients produced in
European factories would be reserved for local supplies. Meanwhile, hopes for overseas
vacations are fading further, and according to the UK minister, summer holidays
overseas are "extremely unlikely" this year.
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On Thursday, the dollar index rose in light of falling stock indices and oil prices. The
market overestimated the global economic recovery after starting new quarantine measures in
France, causing oil to lose about 10% from March highs. Also, the high-level talks
between the United States and China have led nowhere so far. So the trade war may resume
after the change of the US president. Investors began to prepare for Black Friday after the
Nasdaq 100 plummeted 3.1% and the S&P 500 lost 1.5%.
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Bank of England leaves interest rates unchanged and lowers its forecast for economic growth.
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On Wednesday, the dollar index fell after Fed Chairman Jerome Powell said that there was no
need to change monetary policy direction in conditions of rising government bond yields. The
yield on 2-year US bonds fell to 0.13%. At the same time, the forecast for
economic growth was raised. Inflation is expected to rise by 2.4%, the GDP
by 6.4%. The unemployment rate will drop to 4.5% this year. The dollar index is
still holding above the SMA 100 moving average on the daily chart, indicating an upward
bias in the long term.
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Federal Reserve officials have kept near-zero interest rates unchanged and expect the first
rise to take place no earlier than in 2023, despite the improved economic forecasts.
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Quiet trading was observed on Tuesday amid expectations of the Fed meeting results. The
dollar index rose slightly, but in the American session returned to the level of the day
after the publication of the US retail trade report. According to statistics, total retail
sales decreased by 3.0% in February, while the control group’s data decreased even more
by 3.5%. However, these negative data were offset by the revision of the January
indicators. In January, the retail volume amounted to 7.6%, while a month ago, the
preliminary calculation showed 5.3%.
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Low volatility was observed on Monday due to the absence of an important news background.
The dollar index continued to trade in Friday's range, holding above the moving averages on
the daily chart. In the American session today, a slight increase in volatility can be
expected after the publication of data on retail sales in the United States. The average
median forecast indicates a decline in buying activity in February. But given the University
of Michigan data, retail sales could be a pleasant surprise for traders.
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Quiet trading was observed on Friday. The dollar index rose slightly in light of positive
data from the University of Michigan. The report has shown the highest growth in the
consumer sentiment index since April last year. Also, manufacturing prices data was
released. Manufacturing inflation rose 1% in February to 2.7%, allowing US
Treasury yields to gain a foothold above 1.60%.
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On Thursday, the European Central Bank announced the results of its two-day meeting. Despite
the importance of the event, the volatility in the euro remained low. The monetary regulator
has promised to expand the asset purchase program in the next three months under the PEPP
program. However, it doesn’t involve an increase in the total volume of 1.85 trillion
euros. In the future, monthly purchase volume will be reduced. In fact, the ECB did not make
any changes to the program, and in this light, the euro continued its corrective growth.
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The ECB will increase the volume of asset purchases in order to influence the growth of bond
yields.
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On Wednesday, the main event of the day was the publication of the US inflation data. A
report from the National Bureau of Statistics indicated that the core consumer price index,
which excluded food and energy prices, rose by 0.1% from a month earlier. The annual
index rose by only 1.3%, 0.1% less than expected. The general consumer price index rose
by 0.4% month-on-month and 1.7% year-on-year. All numbers correspond to market
expectations, against which the dollar index continued its corrective pullback.
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On Tuesday, in the absence of important macroeconomic news, the market showed calm trading.
The dollar index fell slightly as part of the technical correction. Today in the American
session, we can expect some surge in volatility in the light of the release of inflation
data in the United States. As the market becomes more and more concerned about the need for
strong stimulus from the Fed, the indicators of price pressure may cause a violent reaction
in the foreign exchange market. In addition, a monetary policy decision by the Bank of
Canada is expected, which may cause significant fluctuations in the Canadian currency.
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On Monday, the dollar index continued its upward movement after the extremely positive
Friday data on the labor market. The US economy added 379K jobs, well above the median
average. Previous NFP numbers were revised upward to 166K. Over the two months, the
average exceeded 200K, which is a bullish factor for the dollar. In addition, the
unemployment rate fell by 0.1% to 6.2%, while the share of the economically active
population remained unchanged.
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The dollar index rose sharply on Thursday after Jerome Powell commented to the Wall Street
Journal about the recent skyrocketing of government bond yields. At first glance, nothing
important was said. He expressed concern about the dynamics of the development of financial
conditions. But at the same time, he has warned that the Fed does not plan to put pressure
on profitability, and the monetary regulator will be "patient". The market interpreted this
as the end of the easing policy, as a result of which the dollar rose sharply, consolidating
above the moving average on the daily chart.
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By the end of the last trading week, expectations for the growth of the labor market
increased, as data on initial jobless claims decreased more than by 100,000
reaching 730,000.
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On Wednesday, the dollar index rose slightly as the conflict between the EU and the UK
resumed. The dispute escalated over trade with Northern Ireland, which effectively remained
in the European bloc’s customs area according to the Brexit deal. The European Union said it
would take legal action against the UK for violating the terms of the trade deal, as it
unilaterally refused to follow customs rules for checking goods until October. In this
light, the European currencies came under pressure against the dollar, but in the American
session, the greenback itself underwent sales. Negative data from the US services sector
from ISM slightly reduced the bullish pressure in the USD, and as a result, the foreign
exchange market closed near the opening price.
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On Tuesday, the dollar index failed to break the SMA 100 moving average on the daily
chart. A pullback has taken place, as the market is in no hurry to fully reverse the
direction before the ECB and Fed meetings. ECB members will meet next week to decide on
monetary policy. Investors will be keeping a close eye on what Christine Lagarde has to say
about the recent rise in bond yields. Their expectations can cause speculation in the market
and unexpected bursts of volatility are possible during the week.
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On Monday, the market moved in different directions. European currencies continued to
decline against the dollar despite positive manufacturing PMI data. Germany showed slightly
faster growth from 60.6 to 60.7. In general, the indicator of European
manufacturing activity was 57.9 while the preliminary estimate was 57.7. IHS
Markit data failed to reverse the trend that had formed last week, as these figures were
taken into account in the preliminary calculation. A similar index for the US from the ISM
came out significantly higher: 60.8 against 58.7 a month earlier. However, the
growth accelerated mainly due to high inflation in the sector.
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Friday has been the most volatile day since May last year. The dollar index rose
by 0.68%. The main outsiders were commodity currencies amid a correction in the oil
market. The dollar continues to rise in price in light of positive expectations on the labor
market data and the departure of investors from risky assets. The stock market continues to
decline as bond yields are rising. At the end of February, the leaders were the British
Gilts, which gained almost 50 basis points up to 0.82%.
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The dollar rose sharply on Thursday amid positive data both on labor market and durable
goods orders. The number of new jobless claims fell sharply by 111,000 in a week
to 730K, according to the Labor Department. The monthly average fell to 807.75K
from 828.25K. This gives positive expectations to the market ahead of the release of
the NFP report, which will be published on Friday next week. Traders also positively
evaluated the data from the Ministry of Commerce. The growth in the volume of orders for
durable goods indicates a steady growth in GDP in the first quarter.
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On Wednesday, there were short-term yet strong fluctuations amid technical problems at the
Fed. Some payment systems stopped working, which caused concerns in the financial markets.
The dollar was strengthening before the beginning of the American session. The functionality
of the payment modules was restored, which returned the stock market to growth and the US
dollar to decline. As a result, the greenback ended the day in the red. Moreover, the
American currency has consolidated below the support levels, and the daily candlestick has
shown “bearish engulfing”.
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On Tuesday, the dollar index remained almost unchanged. It has been close to the minimum
values since January 22. The foreign exchange market was trading in different
directions. Almost all currencies were prone to decline against the dollar as part of the
pullback. The British pound sterling was again an exception. Bulls in this currency have
started betting on monetary tightening. It was provoked by statements by the Bank of England
about a sharp rebound in the economy after the worst recession in the past 300 years
and rising inflationary expectations, which increased after the Tuesday data claiming the
growth of earnings.
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On Monday, the dollar index continued to decline, while the euro renewed its highs this
month in light of high estimates of the ease of doing business in Germany. German companies
were more optimistic about the growth in economic momentum. The IFO's estimate for the next
six months rose from 91.5 in January to 94.2 in February, beating economists'
forecasts. The Business Climate Index also rose as companies feel the current situation
improves.
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On Friday, the dollar index continued to decline and stopped near the support level
at 90.15. Preliminary PMI data for February had a positive impact on European
currencies. Despite the expected slowdown, Germany's manufacturing sector has accelerated
growth to 60.6, the IHS Markit says. The index for the Eurozone also showed an
acceleration to 57.7. The UK services sector surged to 49.7. While the numbers
indicate continued contraction, they are close to 50, giving positive expectations for
next month. As a result, the euro returned to its February highs against the dollar, while
the sterling set a new annual record at 1.4050.
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After surprisingly high retail sales data on Wednesday and the rise of the dollar, sentiment
turned sharply on Thursday. The dollar came under pressure in light of another pessimistic
labor market report. The number of initial jobless claims rose to a four-week high,
suggesting no progress in hiring. In addition, the manufacturing index of the state of
Philadelphia slowed, showing a significant drop in business activity. The latest news is in
stark contrast to the New York Fed data and speaks of uneven economic recovery in the
country.
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The US retail sales surprisingly rose in January, well above economists' estimates, pushing
the US dollar higher on Wednesday. According to the Commerce Department, total sales
increased by 5.3% compared to a 1% decline in December. It has become the first
monthly gain since September. In addition, industrial production continued to recover early
this year. January production rose more-than-expected, although it remained 1.9% below
pre-pandemic levels.
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On Tuesday, in the light of more positive NYES data, the dollar index bounced off the
support level and continues to rise in the Asian session. The New York Manufacturing Index
surprisingly accelerated growth at twice the expected rate, mainly driven by inflation. The
Federal Reserve Bank of New York's general business conditions index rose from 3.5
to 12.1 a month earlier. An increasing number of companies in the state are reporting
higher prices for raw materials, which forces them to set higher prices for their products.
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On Monday, in the absence of important macroeconomic data, the dollar index remained
practically unchanged, falling by only 5 points. The commodity market continues to put
pressure on the US currency. The rise in oil prices contributes to the growth of
inflationary expectations. The yield on US 10-year bonds continues to rise. But
the 2-year bonds remain at their previous lows, which negatively affects the USD.
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On Friday, the rise in the dollar index was interrupted by the US consumer sentiment
indicators. The sentiment index fell to 76.2 from 79 last month, according to data
from the University of Michigan released on Friday. The average forecast was a slight
improvement to 80.9, but it turned out weaker than even the most pessimistic estimates.
Consumers expect the year inflation to be 3.3%, the highest since July 2014. In
this light, the dollar index returned to the opening level, leaving a long shadow at the top
on the daily chart.
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On Thursday, with no important macroeconomic news, the foreign exchange market traded in a
calm atmosphere, and the dollar index remained practically unchanged. The data on the
initial jobless claims couldn’t surprise the market. The weekly growth still remains
from 750,000 to 800,000. At the same time, the number of open vacancies in the
labor market is growing, which gives investors hope for a quick economic recovery.
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On Wednesday, the dollar index remained almost unchanged, decreasing just by 2 points
to 90.40. Inflation data reflected a lack of progress following stimulus measures. The
baseline CPI showed zero growth in January, and in annual terms, the price growth slowed
to 1.4%. Despite the unclear January figures, some investors still expect price
pressures to leverage in the months ahead amid renewed stimulus from the US government. And
an increase in the number of vaccinations allows weakening the quarantine measures, which
stimulates consumer spending.
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On Tuesday, the market followed the previous direction in the absence of a strong news
background. The euro continues to rise against the dollar, although the growth of assets on
the weekly balance sheet of the ECB has doubled. The data on the German trade balance, which
has shown a slight acceleration of growth, partially supports the bulls. The US and Germany
inflation data will be released today, but they can hardly change anything in the dynamics
of the market since central banks do not see the opportunity to change interest rates in the
foreseeable future.
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On Monday, the dollar continued to lose ground amid the disappointment of traders regarding
data on the labor market and expectations of a new injection of money into the US economy.
The corrective growth seems to be over. The dollar index bounced off the daily moving
average SMA100 and is approaching the support level. Commodity markets, where prices have
been rising for quite a long time, put additional pressure on the greenback.
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On Friday, the dollar index fell sharply after the labor market report showed surprisingly
low numbers. The NFP indicator showed an increase of only 49,000 against the forecast
of 105,000. The negative data was partially offset by a decrease in the unemployment
rate to 6.3%. But the decline in unemployment is caused by a decline in the level of
the economically active population. December data was revised downwards. The American
economy lost 227,000 jobs a month earlier.
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In the light of positive expectations regarding the labor market, the dollar index continued
to rise and reached 91.50 on Thursday. The week ends with the biggest gains for the
USDX since late October last year. Traders are looking at how the index behaves
near 91.80, where the daily moving average SMA100 is. So far, there are no signs of a
pullback. The fundamentals in the US are coming out pretty positive. All the available
positive data was completed by reports from the industrial sector, claiming a 1.1%
increase against the forecast of 0.7%.
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At the beginning of this trading week, expectations for the labor market report were
moderately positive. The median of the NFP forecast was just 50,000. By Thursday, it
increased to 100,000. The rise in expectations is based on data from the Institute for
Supply Management (ISM). Manufacturing employment has increased to 52.6, the highest
level since June 2019.
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The Bank of England announced that it will keep interest rates at a record low of 0.1%,
which all 9 committee members unanimously gave their votes for. It was also unanimously
decided to keep the volume of bond purchases at £895 billion. Going forward, the
committee leaves the doors open for rate cuts if necessary. All decisions fully meet the
expectations of economists.
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The dollar index continues to rise amid positive macroeconomic statistics. The services
index, released by The Institute for Supply Management on Wednesday, accelerated growth
to 58.7 from 57.7 in December. The average median forecast in a survey of
economists suggested a slowdown to 56.7. Employment reports from both the ADP and the
ISM also showed growth. At the same time, the services sector has recorded the largest
increase within the last 11 months, which gives positive expectations to the market
before the publication of the NFP release on Friday.
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On Tuesday, the dollar index closed slightly higher. It is continuing to rise amid declining
European currencies. The biggest bearish pressure is observed in the euro after the release
of the GDP data. According to preliminary estimates, the contraction of the European economy
was 0.7% in the fourth quarter and 5.1% in annual terms. The industrial output saw
a 6.8% decline in 2020. Amid expectations of further economic contraction, the
euro broke through the key support level. The dollar index consolidated above the key
resistance.
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The dollar index rose on Monday, breaking through the SMA50 daily moving average and
consolidating above it. This is the first signal of the beginning of a correction since
October last year. Macroeconomic data came out good for the US and moderately negative for
the Eurozone. The ISM index for the US manufacturing sector shows growth and it is higher
than the indicators of the Eurozone. At the same time, the employment index in the sector is
accelerating. Retail trade volume in Europe fell sharply by 9.6% in December, while the
annual pace slowed to 1.5%, which served as a bearish driver for the euro.
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On Friday, the dollar index remained practically unchanged. In the absence of a news
background, quotes remained at the same level and below the moving averages on the daily
timeframe. Monday trading began with negative data on the manufacturing sector in China. The
January PMI index fell to a 4-month low, signaling a new wave of economic slowdown.
This factor can put pressure on the quotes of European currencies since China is one of the
main trading partners of Europe.
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On Thursday, the dollar index slightly weakened its positions but continued its upward trend
during the Asian session. The driver of the short-term southern movement was the release of
the US GDP data for the third quarter. According to a preliminary estimate provided by the
Department of Commerce on Thursday, gross domestic product increased by 4% in the
fourth quarter. The median forecast of economists was 4.2%. Retail trade in the GDP
slowed down by 3%. Inflation fell to 1.9%. However, the latest report can hardly be
called disappointing. The reason for a slowdown is a strong rebound in the third quarter,
but the figures are still above the 10-year average.
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On Wednesday, the dollar index started growing but didn’t manage to gain a foothold above
the first resistance of 90.69. The outcome of the Fed meeting disappointed investors,
as the committee had not claimed the need for additional stimulus for the US economy. In
addition, the negative reports of some tech giants, such as Apple, put additional pressure
on the stock market.
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On Tuesday, the US dollar index stopped climbing and went into a decline within its range
of 90.70 - 90.00, forming a bearish engulfing candle. On the daily chart, the
greenback is held back by the moving average SMA 50, below which the index has been
since November last year.
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On Monday, the dollar index strengthened its positions, but the movement is taking place within the sideways
range. Greenback continues to consolidate in the area of 90.70 – 90.00. Published reports by
the IFO Institute showed that German companies' optimism about the economic recovery is starting to decline as
tightening the quarantine at home and abroad hold back the activity. The sentiment index for current conditions
declined in January, bringing the business climate index down to 90.1. Some expectations for the next
six months have also declined.
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On Friday, the dollar index has slightly increased, although this didn’t save it from closing the week in the
red. The main events of the day were the PMI data from IHS Markit, which came out disappointing for the British
economy and positive for the US. In the UK, the service sector – the most important for Foggy Albion –
fell sharply to 38.8. In the US, on the contrary, growth accelerated in both manufacturing and
services. The final results for all countries point to the US as the leader in economic recovery during the
ongoing pandemic.
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On Thursday, the dollar index continued to fall behind, as traders positively reacted to the statements of the
President of the European Central Bank Christine Lagarde. Germany’s Bond Yield jumped to -0.486% in response to
a possible decline in future purchases intraday. As a result, the yield spread between German and American
securities increased, and the euro closed the day above the highs of the previous day. Today the market will
focus on the preliminary PMI data for the manufacturing sector of the Eurozone and the service sector in the UK.
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At a press conference, European Central Bank President Christine Lagarde said that the eurozone economy likely
contracted at the end of last year, which means that the European bloc is now heading towards a double
recession.
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On Wednesday, the dollar index closed in the red and continued to fall amid the rising stock market and
expectations of additional cash infusion into the US economy in the Asian session on Thursday. The leaders of
growth against the dollar among the G10 currencies were the British pound and the Canadian dollar. The Canadian
currency was positively influenced by the results of the meeting of the Bank of Canada, which left the monetary
policy unchanged. In Britain, a plan on rescuing the economy during the pandemic together with the preservation
of workplaces for the coming months is being discussed.
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The Bank of Canada has kept interest rates unchanged and reiterated the need to keep them at historic lows to
stimulate the economy that has been hit by the second wave of the Covid-19 pandemic.
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On Tuesday, the dollar index slowed down, as investors positively evaluated the comments of Janet Yellen,
calling for large-scale cash injections into the US economy. At the same time, the ZEW Institute reported an
increase in economic sentiment, despite the negative situation with the coronavirus.
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On the first day of the week, the market experienced a calm trading situation amid the absence of significant
macroeconomic data. The dollar index made a slight pullback. Traders are preparing for the meetings of the ECB,
Bank of Japan, and Canada this week, which may well suggest the beginning of speculative movements in the
foreign exchange market. Since the beginning of the year can bring even more damage, investors are assessing the
likelihood of increasing the volume of incentives.
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On Friday, the dollar index continued its upward correction and closed the second week in the positive zone. The
market ignored the negative data on retail sales in the US. The total retail volume in December decreased by 0.7%
compared to the previous month. The November data was revised downward. The final figure was -1.4% in
November. The control group of goods decreased by 1.9%. Since this index is often correlated with GDP,
expectations for the US economic growth in the fourth quarter slightly decreased.
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On Thursday, the dollar index stabilized slightly above 90.00, retreating from the conquered highs. The day
ended in negative closing after Fed Chairman Jerome Powell announced that rumors about the possibility of the
monetary regulator's withdrawal from the stimulus program were premature. Interest rates will remain low until
the committee sees "warning signs of rising inflation," he said.
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On Wednesday, the dollar index regained some of its lost positions and consolidated above the round mark of 90.00.
As it turned out, not all FRS members are inclined to the same opinion about the need to keep interest rates at
low levels for a long time. Fed Vice Chairman Richard Clarida, one of the committee's voting members, said he
did not expect any changes until 2022. The dollar index returned to strengthening.
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On Tuesday, the dollar index showed a pullback from the highs reached on Monday. The decline’s drivers were the
FRS members’ statements, indicating that soft monetary policy will remain in any economic development. As a
result, Treasury yields fell, and the dollar index returned below 90.00.
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On Monday, the dollar index continued to strengthen in the framework of a deep market correction and reached the
first resistance at 90.69, after which a pullback occurred. But so far, there are no visible signs of
stopping the correction. No important news background is expected, and the market will be focused mainly on bond
yields. Here American Treasuries are demonstrating growth and much faster than their European counterparts. This
factor continues to support the greenback.
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On Friday, and the Asian session on Monday, there is a continuation of the dollar correction. Moderately
positive statistics from the US is a driver for dollar bulls. The service sector performed surprisingly well
last week. The purchasing managers' index surpassed all expectations, reaching 57.2. Though employment continued
to fall, which was ultimately reflected in the NFP results, business activity continued to grow.
Read more
On Thursday, the dollar index showed a tendency to correction against the background of positive statistics from
the services sector. Growth picked up unexpectedly, according to ISM data. Business activity and new orders
fully offset declining employment. The index was 57.2 against 55.9 in November. The December metric exceeded all
forecasts of economists who had expected an estimate of 54.5.
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At the beginning of the trading week, expectations for employment growth in the US were growing. The employment
index in the manufacturing sector showed an increase to 51.5 against a decrease to 48.4 a month
earlier. However, further statistics were disappointing. The number of jobs was down to 123,000, according
to ADP research institute data that were released on Wednesday.
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On Tuesday, the dollar index failed to strengthen its positions regardless of the fact that the measures of the
manufacturing sector were above the expected ones. The ISM Manufacturing Index unexpectedly rose to 60.7
from 57.5 a month earlier. Sixteen of the eighteen manufacturing industries showed growth in December. The
leading position is occupied by the production of clothing and furniture. The new orders index rose to 67.9,
the fastest growth since January 2004, while the unfinished orders index rose to its highest level since
June 2018.
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On Monday, the dollar index stopped falling after negative news from the European side and OPEC+. In Britain,
Prime Minister Boris Johnson announced an emergency lockdown of the country. After warnings that the National
Health Service may not be able to cope with the growing infection rate, the head of government issued a decree
on the need for self-isolation. According to him, when almost 14 million people are vaccinated, the
restrictions can be lifted. Such an amount of vaccinations can be expected only by mid-March, which means that
the country will be paralyzed for almost 1.5 months. Against this background, the sterling lost more than 100 points
in a day. Another negative news for the market is the lack of agreements in OPEC+. The participating countries
broke off negotiations due to disagreements on production quotas. Oil immediately lost about 2% in price,
which allowed USD/CAD to avoid further decline.
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On the last day of 2020, the market was trading in different directions. Against the background of low
liquidity, the euro has lost about 100 points, but it’s already recovering in the Asian session, continuing
to grow along with the main majors. On the first day of trading in the new year, the market opened with gaps,
which is common for a long break. Complete backtracking of liquidity can be expected in the American session.
Monday is expected to be calm, as far as only the final PMI reports from the macroeconomic statistics will be
ready today. Preliminary data has already been received, and today there may be only minor changes.
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On Wednesday, optimism reigned in the foreign exchange market. The final step towards a regulated UK exit from
the EU has been taken. The House of Commons of Foggy Albion approved the deal proposed by Boris Johnson. Against
this background, sterling has renewed its December highs and is consolidating near them. At the end of the year,
traders are assessing the growth of the Chinese manufacturing sector, which slowed down in December. The NBS
Index fell to 51.9 in December from 52.1 for the month. However, it was the tenth consecutive month of growth in
manufacturing activity. The production volume made up 54.2 against 54.7 in November. New orders slowed 3 basis
points to 53.6 against, and employment remained largely unchanged. Business sentiment slowed slightly to 59.8
from 60.1 a month earlier.
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On Tuesday, most currencies back off from year highs against the dollar. Apparently, traders are starting to cut
long positions. The same situation is observed in stock markets. After news from Washington that Senate
Republicans blocked the Democrats’ attempt to increase direct payments to individuals from $600 to $2,000, the
indices back off from the highs of the year, which was reflected in the Japanese yen. In Europe, all 27 member
states of the European bloc have approved the deal with the UK. The House of Commons is expected to vote for the
deal today. The agreement will enter into force temporarily at the beginning of the year, but the European
Parliament will still have to give its consent either in February or in March.
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The market demonstrated multidirectional trading on Monday. The sterling was the weakest one, having closed in
the red zone at the end of the day. It looks like the deal between the EU and the UK itself is no longer a
positive moment for investors. Now traders have switched to calculating the losses that the British side will
incur after the official withdrawal from the European Union. The euro closed the day in the positive zone. Bulls
continue to receive positive information. An investment deal will be signed between the EU and China, providing
access for the EU to the Chinese market. This is the first step towards a future free trade agreement.
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On Thursday, the market demonstrated weak trading dynamics due to the early Christmas close of the market. The
opening of the week did not bring any surprises, as it usually happens after Christmas – there are no gaps.
The major currency pairs have retained their advantage over the dollar. Positive news from Brussels regarding
Brexit negotiations keeps the euro and sterling in an uptrend. However, things may not be that simple. The
market seems to have followed all the positive expectations in advance and can now focus on the nuances of the
agreement, which are not so positive for the British economy. In fact, Boris Johnson made concessions in the
fisheries sector without receiving reciprocal concessions in other areas from the EU.
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On Wednesday, the market received good news from the Brexit negotiations. It looks like both sides are ready to
sign a trade agreement, which is to be subsequently approved by the British and EU governments. The dollar is
falling following the positive news from Europe, as well as against the background of disappointing statistics
in the US. Home sales showed a significant drop again – in November the volume was -11.0%. Physical
person income and expenses decreased more than expected: -1.1% and -0.4%, respectively. Basic durable goods
orders slowed to 0.4% after 1.9% a month earlier, further indicating a low level of GDP in the 4th
quarter.
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On Wednesday, the market received good news from the Brexit negotiations. It looks like both sides are ready to
sign a trade agreement, which is to be subsequently approved by the British and EU governments. The dollar is
falling following the positive news from Europe, as well as against the background of disappointing statistics
in the US. Home sales showed a significant drop again – in November the volume was -11.0%. Physical
person income and expenses decreased more than expected: -1.1% and -0.4%, respectively. Basic durable goods
orders slowed to 0.4% after 1.9% a month earlier, further indicating a low level of GDP in the 4th
quarter.
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On Tuesday, the market came under pressure from the political background again. Brexit negotiations have failed
to break the deadlock. The European Union rejected Prime Minister Boris Johnson's offer of mutual concessions.
The euro and sterling fell. The dollar index rose, adding 0.49%. The news feed was mixed. The US GDP was above
the preliminary one at the level of 33.4% for the third quarter in the final estimate. But
expectations for the fourth quarter decreased, as the consumer confidence index was well below the estimates of
economists – 88.6 against 92.9 a month earlier.
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On Monday, the foreign exchange market was quite volatile. In the first half of the day, the market quotes were
subject to a bearish scenario due to a worsening epidemiological situation in the UK. Later, Boris Johnson's
announcements of concessions from foggy Albion to close the deal encouraged the bullish trend. But the
concessions must be bilateral, and the EU needs to take reciprocal steps. Sterling and the euro have regained
some of the lost positions, but it is unknown whether the EU representatives will agree to this compromise.
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There were some changes in the foreign exchange market on Friday. The dollar downtrend has discontinued after
the reports about another stalemate in the Brexit negotiations. Investors saw that there was actually no
progress, and the promises weren’t supported by the facts. The weekend added some negative news to the market.
German Chancellor Angela Merkel and French President Emmanuel Macron began discussing the closure of borders
with Britain due to the spread of coronavirus in Foggy Albion. With the opening of the Asian session, the
sterling fell immediately by almost 200 points against the dollar. The euro has lost about 70 points.
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On Thursday, the downward trend of the USD continued on the foreign exchange market. The Bank of England did not
surprise but gave a signal for a possible easing of monetary policy in case of lack of an agreement between the
EU and Britain. Meanwhile, events regarding the Brexit negotiations have escalated again. The sticking point was
the clause of the fishing contract. Boris Johnson called the EU conditions unacceptable. Sterling lost about 100 points
in light of these developments. The dollar has partially recovered its losses.
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On Wednesday, the foreign exchange market was optimistic after receiving the data from the manufacturing sector
of Europe and Germany separately. The numbers surprised the market as long as such a sharp increase was not
expected during the tightening of restrictive measures due to the pandemic. According to preliminary data, the
index of business activity in the manufacturing sector of the European Union accelerated growth to 55.5 from
53.8 a month earlier in December. Economists expected the opposite trend - a slowdown to 53.0. The PMI report
from IHS Markit demonstrated that Germany took the lead. The data represented an acceleration to 58.6 from 57.8
a month earlier.
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The Fed left interest rates unchanged at its last public meeting this year. The content of the statement has
changed only in the clause of redemption of bonds.
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The currency market is calm with the Fed meeting coming up. Traders are waiting for the decision of the monetary
regulator on the interest rate and new economic forecasts for the coming and subsequent years. Only sterling
remains volatile, reacting to any statements announced during the Brexit negotiations. On Wednesday, Michel
Barnier announced that he sees a way out of the impasse. However, he added that this is possible only in the
case of "resolution of disagreements". But that was enough for sterling to renew its maximum on Monday.
Read more
Data on industrial production and retail sales in China demonstrate that the pace of the Chinese economic growth
continues to outpace all competitors. This was reflected in the European industry as well. Europe, as China's
main trading partner, also boosted industrial output to 2.1% month on month, according to the latest
data. The annual rate in this sector rose to -3.8% from -6.3% a month earlier. These factors continue
to support the single European currency. Market volatility remains low right before the Fed meeting on
Wednesday.
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It’s possible that the Brexit negotiations have broken through the impasse, as
the leaders of the two sides agreed to continue discussions on the agreement by telephone conversations. Of
course, this makes little difference compared to the situation two weeks earlier. Investors need to know if
there will be a trade agreement or tough Brexit. Meantime, the markets are demonstrating positive dynamics.
Equity futures are rising, the dollar index is falling. The Japanese manufacturing sector also adds optimism.
The manufacturing industry has accelerated growth to 4.0% in October, which is higher than the
expected level.
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Brexit negotiations are deadlocked again. On Thursday evening, the negotiations
had finished. The EU leaders have removed the deal from the agenda. A resumption is possible on Sunday, but
officials are acknowledging that there is nothing more to talk about without a new political direction. Due to
the fact that there is no new plan to develop, the likelihood of the UK leaving the European Union without a
deal was very high. The dollar is gaining strength again, and investors are moving into defensive assets.
Read more
On Thursday, the European Central Bank left its deposit rate unchanged at -0.05%.
And also issued an important statement on the next additional stimulating measures of the economy.
Read more
Brexit negotiations ended with failure again. Boris Johnson and Ursula Von der
Leyen agreed on the need for further bilateral negotiation before Sunday this week. December 13 should be the
last day to make a decision about the future of Great Britain. The negative news affected the foreign exchange
market. The dollar index has increased. Sterling has lost its previously won positions but is clearly trying to
reach a positive outcome until the end of the week. In general, the market is waiting for the announcement of
the results of the ECB meeting, which will begin today at 15:45 (GMT+2).
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On Tuesday, it was expected for the market to trade in a sideways range, waiting
for some updates. Today, apparently, the market will receive them, since Boris Johnson will have a meeting with
Von der Leyen. This is particularly important for sterling. In the United States, negotiations on additional
injections into the economy in the amount of $908 billion have resumed, which contributes to the growth of risky
assets and a decrease in the dollar index. The Canadian currency is waiting for the decision of the Central
Bank.
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The situation with Brexit was unclear on Monday. Boris Johnson's bold promises
to break off all contacts regarding the withdrawal of the United Kingdom from the European Union did not
materialize, therefore the dollar index lost a significant part of the won positions. In the meantime, he also
failed to come close to a compromise solution. Now the investors are waiting for Wednesday - another day
designated as "the last and decisive" in the negotiations. In this situation, the market may "go quiet".
Read more
The US economy added its lowest number of workplaces in six months in November,
hampered by a resurgence of new cases of COVID-19. The number of non-farm workplaces increased by 245,000 last
month after increasing by 610,000 in October, the Department of Labour has informed. This was the smallest gain
since the start of the recovery with the situation of workplaces recovery in May. The fifth consecutive monthly
decline in workplaces gain left employment well below its February peak.
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London must compromise for the EU deal to be reached, an EU diplomat said on
Thursday. Some of the EU officials had expressed hope earlier that the deal could be closed in a matter of days,
while the British minister reported "good progress." But the prime minister Boris Johnson's government has put
forward two bills that would violate the 2020 Brexit deal, despite protests in Brussels. Later, one of the EU
officials said that there are significant differences that remained in the negotiations. A Johnson spokesman
said that both sides are working hard to fill in the gaps. So far, the parties can’t find a compromise, so we
recommend you to monitor the situation with the signing of the agreement, this can greatly affect the foreign
exchange market.
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The European Union and the United States must resolve their trade disputes after
the president-elect Joe Biden takes charge. After four years of the US President Donald Trump's "America First"
Program, in which Washington imposed tariffs on Brussels for national security reasons, the EU is now looking to
work closely with Biden on almost every issue. The resolution of trade disputes between the EU and the US will
give a positive impetus to the development of the EU economy, which will have a positive effect on the European
currency rate.
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Yesterday, the Federal Reserve System Chairman Powell made some announcements.
He announced that the CARES program has helped the US economy tremendously. Powell said the US economy will need
a fiscal program until the economy recovers from the effects of the coronavirus. It was emphasized that the
economy is now recovering at a better pace than it was previously expected. Judging from his rhetoric, we can
conclude that the US economy can be one of the first to recover from the coronavirus in consequence of the
correctly chosen monetary and credit system in this situation. This will make the United States a more
attractive country in terms of investment compared to other countries, which will entail an inflow of capital
into assets.
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On Monday, the US President-elect Joe Biden has appointed the former Federal
Reserve System chairman Janet Yellen as his Treasury Secretary and announced it to other members of his economic
team. According to the transitional group, the democrat selected Wally Adeyemo as the deputy of the Secretary of
the Treasury, Nira Tanden as the director of the Office of Management and Budget, and Cecilia Rose as head of
the Council of Economic Advisors.
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On Friday, Japanese Finance Minister Asa said that the situation in the country
remains tense due to the consequences of the coronavirus. The main emphasis was put on the fact that the
company's credit needs will grow by the end of this year, many companies are experiencing difficulties in
financing. Asa said that in the future he wants banks to support companies that need funding. As we can see, not
everything is going smoothly in the Japanese economy, we recommend you to keep track of what monetary policy
Japan will follow in the future due to economic problems.
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According to the October report prepared by Eurostat, the Eurozone's total
national debt in the second quarter has exceeded 95% of GDP. According to the European Commission, the total
debt will overcome the 100% mark for the first time this year. We believe that the recovery of the economy after
the pandemic will take a long time, and, probably, investors will limit investments in assets of European
countries. It should be noted that there is a day off in the US, and low volatility is expected on the market.
Read more
The FOMC meeting minutes were published yesterday. Officials expect the Fed to
continue assets purchases "at least at the current pace" in the coming months. According to this data, there is
a risk that the dollar will show a downtrend by the end of this year. Traders should carefully choose assets for
trading and correctly assess the risks. There is a day off in the US today, so low volatility is expected on the
market.
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The US economy has already begun to recover, although its decline was
significant. The Fed will continue to adhere to a soft policy, which will help restore the economy. According to
this rhetoric, the US economy is likely to recover better than other countries' economies next year, which
contributes to capital flows from investors.
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Trade negotiators have resumed talks about the form of a new relationship
between the EU and the UK after the post-Brexit production suspension agreement expires on December 31. We
recommend following the development of events. If negotiations succeed, it will positively affect the dynamics
of both the pound and the euro.
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On Friday, Fed President of Dallas, Robert Kaplan, said that he expected a
slowdown in US economic growth. The coronavirus pandemic contributes to this. He stated that the end of the
fourth quarter of 2020 and the first quarter of 2021 would be challenging for the United States. The second half
of 2021 will be strong for the US in terms of economic recovery. In this regard, we can say that investors will
be further not sure which assets are better to invest in. It is probably better to consider investing in reserve
currencies such as the Swiss franc and gold during this period.
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Yesterday, the head of the International Monetary Fund, Kristalina Georgieva,
spoke about economic recovery prospects. According to her rhetoric, we can conclude that it will take a long
time to recover the economies of the countries, and investors will be further not sure which assets are better
to invest now in.
Read more
British Prime Minister Boris Johnson questioned whether a trade deal with the
European Union would be reached. Countries are working hard to find solutions that fully respect UK sovereignty,
but there is no certainty that an agreement will be possible. It is worth following the rhetoric by the
authorities on this issue further, and trading assets with the EUR, GBP more carefully.
Read more
Investors are still focused on the situation concerning the coronavirus and the
vaccine against it. Yesterday, the dollar fell after Moderna Inc. has become the second US company in a week to
report positive test results for a COVID-19 vaccine.
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The tension in the world concerning the situation with the coronavirus is still
the same. The US and Europe are introducing restrictions to stop the spread of the virus. In such difficult
conditions, we recommend traders to trade more accurately, to fix their positions at important levels.
Read more
The greenback is losing ground against its main competitors. Financial market
participants expect the final results of the US presidential election. Preliminary data indicates that Democrat
Joe Biden will win. The Fed has kept the key interest rate range unchanged. Today, traders will be focused on
the US labor market report for October. Positions should be opened from key levels.
Read more
There is still uncertainty in financial markets. Investors expect the final
results of the US presidential election. The Bank of England has kept its key interest rate unchanged at 0.10%.
The regulator expanded its government bond-buying program. Today, traders will be focused on the Fed meeting. We
expect high trading activity and volatility.
Read more
Trading activity and volatility have increased significantly in financial
markets. The US presidential election is in the spotlight. According to preliminary data, Biden is ahead of
Trump. At the same time, a number of important states in the southern United States supported Donald Trump,
which could significantly reduce the advantage. Positions should be opened from key levels.
Read more
Investors have started fixing positions on the greenback. The US presidential
election is in the spotlight. Uncertainty remains in the financial markets. Trading activity and volatility may
increase significantly. We recommend opening positions from key support and resistance levels.
Read more
The US dollar continues to strengthen against a basket of world currencies. The
demand for risky assets is still low amid a rapid increase in the number of people infected with COVID-19 and
ahead of the US presidential election. During the current trading week, traders will also assess the Fed meeting
and the US labor market report for October.
Read more
The US currency continues to strengthen against its main competitors. The US has
published positive data on the country's GDP. The ECB has kept the key marks of monetary policy at the same
level. The regulator also signaled the introduction of additional financial incentives. Oil quotes have become
stable.
Read more
Since the beginning of this week, aggressive sales have been observed in US
financial markets. Major stock indices fell by more than 4.5%.
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The demand for risky assets is still low. Investors have taken a wait-and-see
attitude before today's ECB meeting. The Central Banks of Canada and Japan, as expected, kept the key marks of
monetary policy at the same level. Today, we recommend paying attention to economic releases from the US.
Read more
The greenback has been growing against its main competitors. The demand for
risky assets has weakened amid the rapid spread of the COVID-19 epidemic and the upcoming US presidential
election. Today, the Bank of Canada meeting is in the focus of attention. We recommend opening positions from
key levels.
Read more
On Wednesday, October 28, at 16:00 (GMT+2:00), the Central Bank of Canada will
announce its decision on the key interest rate. The regulator is expected to keep the key marks of monetary
policy at the same level.
Read more
There is an ambiguous technical pattern on currency majors. Financial market
participants have taken a wait-and-see attitude before the US presidential elections. Investors also expect key
Central Bank meetings later this week. We recommend opening positions from key levels.
Read more
Currency majors have become stable. Investors are closely following the final
stage of the election race between Donald Trump and Joe Biden, as well as new information concerning the
stimulus package in the US. Today, financial market participants will assess economic releases from Germany and
the US. Positions should be opened from key levels.
Read more
The greenback has become stable against its main competitors. US House Speaker
Nancy Pelosi reported on progress in negotiations with the White House on a new stimulus package. Today,
investors will assess the data on economic activity in the Eurozone and the US. Positions should be opened from
key levels.
Read more
The greenback is still weak against currency majors before the US presidential
election. According to the Fed's Beige Book, most US federal districts have shown weak or moderate economic
growth. London and Brussels plan to resume negotiations on trade issues. We recommend opening positions from key
levels.
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The greenback has been declining against its main competitors. Financial market
participants continue to follow the news about the new economic stimulus package in the US. Today, investors
will assess the Fed's "Beige Book". Positions should be opened from key levels.
Read more
Currency majors show ambiguous results. Greenback demand has weakened as the
deadline for agreeing on a new stimulus package is getting closer and the deal is still pending. Financial
market participants expect up-to-date information on the Brexit issue. Today, investors will assess statistics
on the US real estate market.
Read more
Currency majors are consolidating. Investors expect additional drivers.
Financial market participants continue to follow the discussion of new economic stimulus in the US before the
presidential election and the situation concerning Brexit. Financial markets are under pressure due to the
coronavirus pandemic.
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The greenback has been growing against its main competitors. The demand for safe
assets has risen due to a sharp increase in the number of COVID-19 cases in the US and Europe. Investors also
continue to monitor discussions on new economic stimulus in the US. The US retail sales report is in the
spotlight. Positions should be opened from key levels.
Read more
Currency majors show ambiguous results. Investors expect up-to-date information
concerning negotiations in the US Congress on a new stimulus package. The situation with the COVID-19 pandemic
in Europe continues to deteriorate rapidly. Today, investors will assess US economic releases. We recommend
opening positions from key levels.
Read more
The US dollar has become stable against its main competitors. Investors expect
updates on a new stimulus package in the US, as well as new restrictive measures in Europe and Asia. We also
recommend paying attention to the economic reports from the UK, Germany and the US. Positions should be opened
from key levels.
Read more
The greenback is losing ground against its main competitors. Investors continue
to monitor the campaigns of Donald Trump and Joe Biden, as well as the adoption of a new stimulus package for
the US economy. Today, we recommend paying attention to the speeches by the heads of the ECB and the Bank of
England. Positions should be opened from key levels.
Read more
The US dollar shows ambiguous results against currency majors. Investors
continue to monitor the progress of the new stimulus package for the US economy. ECB officials are concerned
about the prospects for economic recovery in the Eurozone. We expect a report on the labor market in Canada. We
recommend opening positions from key levels.
Read more
The greenback shows a variety of trends against its main competitors. Investors
assess the controversial statements by US President Donald Trump concerning the new stimulus package. According
to the FOMC minutes, the Fed plans to keep interest rates at current levels for a long time. We recommend
opening positions from key levels.
Read more
The attention of financial market participants is focused on the FOMC minutes,
which will be published today at 21:00 (GMT+3:00). This report may indicate the plans of the Fed for the
monetary policy.
Read more
Yesterday, Donald Trump ordered to end negotiations in the US Congress on a new
stimulus package. These events caused a sharp drop in demand for "risky" assets. Today, investors will be
focused on the FOMC meeting minutes. We recommend paying attention to the comments by the regulator's
representatives. Positions should be opened from key levels.
Read more
The greenback has weakened against its main competitors. The demand for the US
currency has weakened amid concerns about Donald Trump's health. Investors continue to monitor the progress of
negotiations in the US Congress on a new stimulus package. We recommend paying attention to the speeches by the
presidents of the ECB and the Fed.
Read more
Currency majors show ambiguous results. Financial market participants expect
up-to-date information on Donald Trump’s health status. The negotiations in the US Congress on a new stimulus
package for the country's economy are in the spotlight. Positions should be opened from key levels.
Read more
Currency majors show a variety of trends against the greenback. At the moment,
investors have taken a wait-and-see attitude before the publication of the US labor market report for September.
We recommend paying attention to the difference between the actual and forecasted values. Positions should be
opened from key levels.
Read more
The greenback shows ambiguous results. Trading activity and volatility on the
currency majors are still high. Investors continue to monitor talks in the US Congress on a new stimulus
package. Today, we expect important economic releases. Positions should be opened from key levels.
Read more
The greenback shows ambiguous results against its main competitors. Financial
market participants assess the previous debate between Donald Trump and his challenger Joe Biden. Today, we
expect a number of important economic releases from the UK, Germany, the US and Canada. Positions should be
opened from key levels.
Read more
Currency majors are being traded stable. Investors expect a debate between
Donald Trump and Joe Biden and updates on a new stimulus package in the US and negotiations on Brexit. Positions
should be opened from key levels.
Read more
Financial market participants have taken a wait-and-see attitude before the
first President Donald Trump and Democratic presidential nominee Joe Biden's debate.
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Currency majors show a variety of trends. The publication of important economic
releases is not planned today. Investors have taken a wait-and-see attitude before the first debate between
President Donald Trump and Democratic candidate Joe Biden. We recommend opening positions from key levels.
Read more
Currency majors have become stable. Investors have started partially fixing
positions on the greenback. Investors are still concerned about the active growth in the incidence of COVID-19.
The US Congress has resumed talks on a new stimulus package. Today, we expect important economic reports from
the US. Positions should be opened from key levels.
Read more
The greenback has continued its growth against its main competitors. The demand
for safe assets is still quite high due to the renewed increase in the incidence of COVID-19 in many countries
around the world. Today, we recommend paying attention to the news feed from the US. Positions should be opened
from key levels.
Read more
The US currency is strengthening against other currencies. The United States
House of Representatives approved a government funding bill. Yesterday, British Prime Minister Boris Johnson
announced the introduction of restrictive measures in England to combat COVID-19. Positions should be opened
from key levels.
Read more
Currency majors move in different directions. Investors expect a series of
speeches by the Fed Chairman Jerome Powell. Also, financial markets participants are concerned about the likely
re-quarantine in the UK. Positions should be opened from key levels.
Read more
Currency majors move in different directions. Investors assess the results of
the Fed meeting. The Bank of England meeting is expected today, at which a decision on the key interest rate
will be made. We recommend opening positions from key support and resistance levels.
Read more
The US dollar has declined against a basket of currency majors amid growing
interest for risk. As it became known, AstraZeneca has resumed the latest trials of the COVID-19 vaccine. Today,
investors expect economic reports on the UK labor market. We recommend opening positions from key levels.
Read more
Currency pairs move in different directions. Investors have taken a wait-and-see
attitude before the Fed meeting. Financial market participants are afraid that the deal between the EU and the
UK will not come into force. Positions should be opened from key support and resistance levels.
Read more
Currency majors move in different directions. As expected, the ECB kept the key
marks of monetary policy at the same level. The British pound has updated its local lows again due to
uncertainty concerning Brexit. We recommend opening positions from key levels.
Read more
During yesterday's trading session, currency majors strengthened against the
greenback. Today, the ECB meeting will be the key event. We also recommend paying attention to economic reports
from the US. Positions should be opened from key levels.
Read more
The greenback has strengthened significantly against its main competitors. The
conflict between Washington and Beijing has come to the fore again. The US currency has the potential for
further growth. Today, the Bank of Canada meeting is in the spotlight. Positions should be opened from key
levels.
Read more
Currency majors show a variety of trends. Investors expect the ECB meeting,
which will be held later this week. The British pound is under pressure due to Brexit uncertainty. Japan's GDP
has shown the strongest decline. We recommend opening positions from key levels.
Read more
Currency majors are consolidating. Financial market participants assess the US
labor market report for August, which turned out to be quite optimistic. Investors expect the ECB meeting later
this week. Today, the news feed is calm. Positions should be opened from key levels.
Read more
The US dollar has become stable against a basket of world currencies. Financial
market participants have taken a wait-and-see attitude before the publication of reports on the US and Canadian
labor markets, which may have a significant impact on the dynamics of currency majors. Positions should be
opened from key levels.
Read more
The greenback continues to recover against its main competitors. The dollar
index has updated local highs. Financial market participants have taken a wait-and-see attitude before the US
labor market report for August, which will be published tomorrow. We recommend opening positions from key
levels.
Read more
The US dollar has become stable against a basket of world currencies. Investors
have started partially fixing positions on the greenback after a prolonged fall. The dollar index has the
potential for further correction. We expect important economic releases from the US. We recommend opening
positions from key levels.
Read more
The greenback continues to lose ground against the basket of world currencies
due to increased expectations that the Fed rates will remain lower than those of other Central Banks. Today, we
expect the publication of important economic releases from Germany, the UK, the Eurozone and the US. Positions
should be opened from key levels.
Read more
On Tuesday, September 01, at 07:30 (GMT+3:00), the Central Bank of Australia
will announce its decision on the key interest rate.
Read more
The greenback has become stable against its main competitors after a decline
last week. The Fed has approved a new strategy allowing inflation to rise above 2%. The regulator plans to keep
interest rates low for a long time. Today, the news feed is quite calm. Positions should be opened from key
levels.
Read more
The greenback has been declining against its main competitors after the speech
by the Fed Chairman. Jerome Powell said that the Central Bank had approved a new strategy for monetary policy.
Today, investors will assess Canada's GDP report. We recommend opening positions from key levels.
Read more
The greenback shows ambiguous results against its main competitors. Investors
are focused on today's speech by the Fed Chairman at the annual symposium in Jackson Hole. Trading activity and
volatility may increase significantly. Today, we also expect important economic reports from the US.
Read more
Today, Jerome Powell is going to rise to speak at the annual Jackson Hole
Symposium at 4:10 pm (GMT+3:00). During his address, he will talk about the revision of the monetary policy by
the Fed.
Read more
The US dollar continues to show a variety of trends against its main
competitors. Financial market participants expect a speech by the Fed Chairman at the annual symposium in
Jackson Hole, which will be held on August 27-28. The US durable goods orders report will be the key event
today. We recommend opening positions from key levels.
Read more
The greenback shows a variety of trends against the basket of world currencies.
The key event this week will be a speech by the head of the Fed at a symposium in Jackson Hole. Today investors
will assess important economic reports from Germany and the US. Positions should be opened from key levels.
Read more
Currency majors are consolidating. The greenback demand has weakened slightly
amid rising jobless claims and declining US treasury yields. ECB representatives do not exclude that the
Eurozone economy will need additional financial stimulus this autumn. Today, we expect a number of important
economic releases.
Read more
The greenback has strengthened significantly against its main competitors after
the publication of the FOMC minutes. Central Bank officials believe that the American economy will need
additional financial stimulus, but the deadline is still undefined. Today, investors will assess the ECB account
of monetary policy meeting, as well as economic releases from the US. Positions should be opened from key
levels.
Read more
The greenback continues to lose ground against a basket of world currencies. The
dollar index has updated two-year lows. Financial market participants have taken a wait-and-see attitude before
the publication of the FOMC minutes. This report may have a significant impact on the further alignment of
forces on the currency majors. Positions should be opened from key levels.
Read more
The US currency continues to lose ground against its main competitors. The
greenback is under pressure due to uncertainty concerning a new stimulus package in the US and ongoing tension
between Beijing and Washington. Investors expect the FOMC minutes. Positions should be opened from key levels.
Read more
The greenback has been declining again relative to a basket of world currencies.
American currency is still under pressure due to uncertainty concerning the adoption of a new package of
measures to support the US economy. Financial market participants expect the FOMC minutes, which will be
published later this week. Positions should be opened from key levels.
Read more
The greenback shows a variety of trends against its main competitors. Investors
expect a report on US retail sales. We also recommend following the latest information regarding the adoption of
the new stimulus package for the US economy. Positions should be opened from key levels.
Read more
The greenback has weakened again relative to its main competitors. The US
currency is still under pressure due to disagreements between Republicans and Democrats over additional stimulus
for the US economy. At the moment, currency majors are consolidating. We expect statistics on the US labor
market.
Read more
Currency majors show ambiguous results. The dollar index continues to hold the
current levels. The demand for greenback is supported by the growth of US government bonds yield. The UK
reported that the country's GDP decreased by 20.4% (q/q) in the second quarter, which is the record reduction
among the largest economies. We expect data on inflation in the US.
Read more
Currency majors show a variety of trends. The demand for greenback has been
partially resumed. Investors continue to monitor the adoption of a new package of measures to support the US
economy. We expect important economic reports from Germany, the Eurozone and the US. Positions should be opened
from key levels.
Read more
The greenback has been growing against its main competitors. The US published
rather optimistic statistics on the labor market for July, which caused a renewed demand for the American
currency. Today, the news feed is calm enough. Positions should be opened from key levels.
Read more
Currency majors have become stable. Reports on the labor market in the US and
Canada are in the spotlight. Investors also follow the progress of negotiations in Washington on new measures to
stimulate the American economy due to the COVID-19 epidemic. Positions should be opened from these marks.
Read more
The greenback has continued to lose ground before Friday's US labor market
report. At the moment, currency majors are stable. Investors expect additional drivers. A technical correction
is possible in the near future. Positions should be opened from key levels.
Read more
The greenback has been declining again. The US currency is under pressure due to
the fact that US lawmakers couldn't agree on a new stimulus package, as well as a sharp drop in the yield on US
government bonds. Today investors will assess important economic releases from the Eurozone and the US.
Positions should be opened from key levels.
Read more
Currency majors have become stable. There is no defined trend. Financial market
participants expect additional drivers. We recommend following up-to-date information regarding the coronavirus
pandemic. Positions should be opened from key levels.
Read more
The greenback has become stable against a basket of world currencies. Investors
have started partially fixing positions. Financial market participants are still concerned about the coronavirus
pandemic. The US labor market report for July will be the key event in the current trading week. Today we expect
economic releases from Germany, the UK and the US.
Read more
The US dollar continues to lose ground against its main competitors. The
greenback is still under pressure after the biggest decline in US GDP ever. In the second quarter, the country's
economy slowed down by 32.9%. At the moment, currency majors have become stable. We recommend opening positions
from key levels.
Read more
The greenback has become stable against a basket of world currencies. Investors
assess the Fed meeting. The regulator, as expected, kept the key marks of monetary policy at the same level. The
central bank has reported that support for the economy will continue. We expect important economic reports from
Germany and the US.
Read more
The US dollar continued to lose ground against its main competitors. At the
moment, the dollar index is stable. The Fed meeting is in the spotlight. It is expected that the regulator will
keep the key marks of monetary policy at the same level. We recommend paying attention to the comments by the
representatives of the Central Bank. Positions should be opened from key levels.
Read more
The greenback has weakened again relative to a basket of world currencies. At
the moment, the dollar index is stable. Investors have started partially fixing positions before the Fed
meeting. On Monday, Senate Republicans presented a $1 trillion stimulus plan for the economy. We expect economic
reports from the US. We recommend opening positions from key levels.
Read more
The greenback continues to lose ground against its main competitors. Investors
expect the Fed meeting this week. We also recommend following the latest information regarding the conflict
between Washington and Beijing. Today, economic reports from the US are in the spotlight.
Read more
The greenback has weakened again relative to its main competitors. The euro and
the British pound are supported by positive economic releases. Relations between the US and China continue to
escalate. We expect economic reports from the US. Positions should be opened from key levels.
Read more
The US dollar continues to lose ground against a basket of world currencies.
Relations between Washington and China have escalated again. A weak report on existing home sales in the US put
additional pressure on the American currency. Today, investors will assess jobless claims in the US. Positions
should be opened from key levels.
Read more
The greenback has weakened significantly against its main competitors. At the
moment, currency majors are stable. Investors’ concerns about the coronavirus pandemic have escalated again. The
number of infected in the world has exceeded 15 million. The leaders of the EU countries reached an
agreement on a plan for economic recovery $2 trillion worth after four days of negotiations. We expect
economic releases from Canada and the US.
Read more
The greenback has weakened against its main competitors. The demand for risky
assets has grown. Sentiment in financial markets has been improved after Oxford University reported significant
advances in the development of a vaccine for COVID-19. EU leaders have agreed on a plan and budget for economic
recovery in the region. We expect important economic reports from Canada.
Read more
On Friday, the US dollar index has updated local lows and closed in the negative
zone. Investors are still concerned about the growth of the number of people infected with COVID-19. The EU
summit in Brussels, where the leaders of the countries discuss the bloc's budget for 2021-2027 and an
anti-crisis economic recovery plan, is in the spotlight. The central bank of China left its key rate unchanged
for the third month in a row.
Read more
Currency majors show ambiguous results. The ECB, as expected, kept the key marks
of monetary policy at the same level. An optimistic report on retail sales in the US for June supported the
greenback. Investors are concerned about the growing number of people infected with COVID-19. We expect
important statistics from the Eurozone and the US. Positions should be opened from key levels.
Read more
Currency majors show a variety of trends. The Bank of Canada, as expected, has
kept the key marks of monetary policy at the same level. Today, the ECB meeting, as well as important economic
releases from the US, are in the spotlight. We recommend opening positions from key levels.
Read more
The greenback has weakened against its main competitors. Some Fed
representatives believe that the regulator will have to resort again to lower interest rates in the near future.
The Bank of Canada meeting is in the spotlight. We recommend paying attention to the Fed's "Beige Book".
Positions should be opened from key levels.
Read more
The greenback has strengthened against its main competitors. The second wave of
the COVID-19 epidemic is still in the spotlight. Great Britain published a weak report on the country's GDP. We
expect important economic releases from Germany and the US. Positions should be opened from key levels.
Read more
Currency majors have become stable. Sentiment in financial markets continues to
deteriorate amid the second wave of the COVID-19 epidemic. The number of infected in the world has reached 13
million. Today we recommend paying attention to the speech by the head of the Bank of England. Positions should
be opened from key levels.
Read more
Demand for risky assets has weakened amid a record number of new COVID-19 cases in the United States. Investors
are afraid of possible introduction of new restrictive measures. We expect important economic reports from the
USA and Canada. It's recommended to open positions from key levels.
Read more
Greenback has weakened against its main competitors. The United States has recorded a new world record for
COVID-19 infections. The UK government has introduced a new plan to support the economy in a crisis. Today, the
focus is on data on jobless claims in the United States. Positions must be opened from key levels.
Read more
Currency majors show multidirectional dynamics. Demand for risky assets remains at a fairly low level. Some
countries have begun to apply quarantine measures again due to increased coronavirus infection. Today we
recommend you to pay attention to the economic forecasts of the EU and the hearing of the Bank of England
Monetary Policy Committee. Positions must be opened from key levels.
Read more
Greenback has been growing relative to its main competitors. Demand for risky assets has weakened amid new
outbreaks of coronavirus disease. Investors are concerned about the possible return of restrictive measures.
Optimistic economic releases from the United States support the US currency. We recommend opening positions from
key support and resistance levels.
Read more
Currency majors show a variety of trends. Investors are worried about new outbreaks of coronavirus cases. Today,
the focus is on economic releases from the United States. We recommend opening positions from key support and
resistance levels.
Read more
Majors are consolidating. The United States published a rather optimistic report on the US labor market for
June. At the same time, the dollar index has kept current highs. Investors are concerned about a new wave of the
coronavirus epidemic. Today, the publication of important economic releases is not planned. US financial markets
will be closed due to the holiday.
Read more
The greenback is losing ground against major competitors before the US labor market report for June. These
statistics may have a significant impact on the dynamics of currency majors. Investors are still concerned about
the rapid increase in the number of infected with COVID-19, which may cause even greater damage to the global
economy. We recommend opening positions from key levels.
Read more
Currency majors show a variety of trends. The loonie and the Japanese yen have been growing against the
greenback. Financial market participants have taken a wait-and-see attitude before the publication of the FOMC
meeting minutes, as well as important economic releases from Germany, the UK and the US. We recommend opening
positions from key levels.
Read more
Currency majors show a variety of trends. The demand for risky assets has been resumed amid signs of global
economic recovery. Financial market participants expect a speech by the Fed Chairman. The British pound is still
under pressure amid weak UK GDP report. Positions should be opened from key levels.
Read more
Currency majors are consolidating. The demand for risky assets has weakened again. Investors are worried about
the rapid increase in the number of infected with COVID-19, which may cause even greater damage to the global
economy. We expect economic releases from the US. We also recommend paying attention to the speech by the head
of the ECB. Positions should be opened from key levels.
Read more
Currency majors have become stable. Investors expect additional drivers. The demand for risky currencies has
resumed after comments by White House Trading Adviser Peter Navarro. The official said that the trade deal with
China remains in force. We expect important economic reports from Germany. Positions should be opened from key
levels.
Read more
The greenback has weakened against its main competitors. The White House announced the development of a new $1
trillion stimulus package. Today, we expect the release of important statistics from Germany, the UK, the
Eurozone and the US. We recommend opening positions from key support and resistance levels.
Read more
Currency majors are consolidating. Investors expect additional drivers. Demand for risky assets is still quite
low amid growing concerns about the beginning of the second wave of the coronavirus pandemic. Today we recommend
paying attention to economic releases from the US. Positions should be opened from key levels.
Read more
The greenback has strengthened against its main competitors. The demand for risky assets is still low amid
growing concerns about the second wave of the COVID-19 epidemic. The tension between Washington and Beijing has
come to the fore again. We recommend paying attention to economic reports from Canada, a summit of EU leaders,
as well as to the speech by the Fed Chairman.
Read more
Currency majors are consolidating. The demand for risky assets is still low. Investors are concerned about the
growing number of new cases of the COVID-19 virus. We expect the Bank of England meeting. We also recommend
paying attention to economic reports from the US. Positions should be opened from key levels.
Read more
The demand for risky assets has weakened again. Investors are concerned about the second outbreak of
coronavirus. The Fed Chairman Jerome Powell confirmed the grim picture of the prospects for economic recovery in
the US. We expect data on the real estate market in the United States, as well as a speech by the Fed Chairman.
We recommend opening positions from key levels.
Read more
The demand for risky assets has resumed. The sentiment in the financial markets has been improved slightly after
the Fed announced the start of the purchase of corporate bonds to support the country's economy, which has been
significantly affected by the COVID-19 epidemic. Today, speech by the Fed Chairman is in the spotlight. We also
recommend paying attention to the US retail sales report.
Read more
The greenback has recovered part of the losses against its main competitors. The demand for risky assets
continues to weaken. Financial market participants are concerned about the second outbreak of coronavirus.
Investors expect a speech by the Fed Chairman, which will be held tomorrow. Jerome Powell should report for the
half year on the monetary policy of the Central Bank. Positions should be opened from key levels.
Read more
The demand for risky assets has weakened. The greenback has strengthened against main competitors. Investors are
concerned about the second wave of coronavirus outbreak. The UK has published weak economic reports. We
recommend opening positions from key levels.
Read more
Currency majors have become stable. Investors assess the results of the Fed meeting. The regulator does not plan
to raise interest rates, at least until the end of 2022. The Central Bank intends to continue to support the
national economy, which has been suffered significantly by the COVID-19 pandemic. Today, we expect important
economic reports from the US. We recommend opening positions from key levels.
Read more
Currency majors are consolidating. Financial market participants have taken a wait-and-see attitude before the
announcement of the results of the two-day Fed meeting. It is expected that the regulator will keep the key
marks of monetary policy at the same level. We recommend opening positions from key levels.
Read more
The greenback has become stable against major competitors. Investors have started partially fixing positions
before the Fed meeting. We recommend following up-to-date information regarding the conflict between Washington
and Beijing. Positions should be opened from key levels.
Read more
The single currency and the British pound have continued to grow against the greenback. Investors assess the ECB
meeting. We expect reports on the labor market in the US and Canada. We recommend paying attention to the
difference between the actual and forecasted values. Positions should be opened from key levels.
Read more
Currency majors have become stable. In the near future, a technical correction is possible. Investors have taken
a wait-and-see attitude before today's ECB meeting. The Bank of Canada has kept its key interest rate unchanged.
We also recommend paying attention to economic reports from the UK and the US.
Read more
The greenback has continued to lose ground against currency majors. The demand for risky assets is still high
amid hopes of a recovery in the global economy. The Bank of Canada meeting is in the spotlight. We also
recommend paying attention to economic reports from Germany, the UK and the US. Positions should be opened from
key levels.
Read more
The greenback has continued to lose ground against a basket of world currencies. The demand for risky assets is
still high amid hopes of a recovery in the global economy. Investors continue to monitor the conflict between
Washington and Beijing, as well as mass protests throughout the United States. We recommend opening positions
from key levels.
Read more
Last week, the greenback significantly weakened against its main competitors. Currency majors are currently
consolidating. Investors expect meetings of key central banks and the US labor market report for May. We
recommend following up-to-date information regarding the conflict between Washington and Beijing. Positions
should be opened from key levels.
Read more
The single currency continues to show a positive trend. The US has published weak economic releases again.
Currency majors are currently consolidating. The conflict between Washington and Beijing is still in the
spotlight. Demand for "safe-haven" currencies remains at a high level. We expect the speech by the Fed Chairman,
as well as the publication of important statistics.
Read more
Currency majors show ambiguous results. The European Commission has proposed a package of measures 1.85 trillion
euros worth to restore the economy from the COVID-19 epidemic. According to the Fed's Beige Book, economic
activity has slowed down sharply in most regions. Today, important economic reports from the US are in the
spotlight. Positions should be opened from key levels.
Read more
The greenback has weakened significantly against its main competitors. The demand for risky assets is still high
amid the gradual lifting of restrictions around the world. Additional support is provided by the hope of
creating a vaccine against the COVID-19 virus. Today, investors will assess the Fed's "Beige Book", which will
show the economic condition of 12 US federal districts in a crisis.
Read more
The greenback has weakened against a basket of world currencies. The demand for risky assets has grown amid the
gradual lifting of restrictions imposed to fight the COVID-19 epidemic worldwide. The Bank of Japan does not
exclude the introduction of additional economic stimulus measures to mitigate the consequences of the
coronavirus pandemic. Today, investors will assess economic releases from the US. Positions should be opened
from key levels.
Read more
The greenback has strengthened against its main competitors. Demand for risky assets is still low enough amid
rising tensions between the US and China. Today we expect important economic releases from Germany. We recommend
opening positions from key support and resistance levels.
Read more
The greenback has strengthened against its main competitors. The demand for risky assets has weakened amid a new
wave of tension between Washington and Beijing. The UK has published a weak retail sales report. The Bank of
Japan will allocate about $279 billion to support the small business affected by the COVID-19 epidemic and
prevent a recession in the economy. We expect the ECB meeting account and economic releases from Canada.
Read more
There is a variety of trends on currency majors. Investors assess the FOMC meeting minutes. The regulator plans
to keep rates near zero until there is confidence in a stable recovery in the US economy. We expect important
economic releases from Germany, the Eurozone and the US. We recommend opening positions from key levels.
Read more
The news that France and Germany have taken a joint initiative to create a €500bn EU rescue fund supports the
euro. Currency majors are currently consolidating. The FOMC meeting minutes are in the focus of attention.
Investors will also assess inflation data in the Eurozone and Canada. Positions should be opened from key
levels.
Read more
The greenback has weakened significantly against its main competitors. Demand for risky assets has grown after
US pharmaceutical company Moderna announced preliminary positive test results for a potential vaccine against
the COVID-19 virus. We expect important economic reports from Germany, the Eurozone and the US. Positions should
be opened from key levels.
Read more
Currency majors have become stable. The conflict between Washington and Beijing has escalated again. Fed
Chairman Jerome Powell said the US economy could fell to 30% in the second quarter. The loonie is supported by
the recovery of oil quotes. Japan published a weak report on the country's GDP. We recommend opening positions
from key levels.
Read more
There is a variety of trends on currency majors. The British pound is still under pressure since the Bank of
England does not exclude the possibility of reducing the base rate to a negative level. The loonie is supported
by the recovery of oil quotes. We expect important economic releases from Germany and the US. Positions should
be opened from key levels.
Read more
The greenback has strengthened relative to its main competitors after a speech by the Fed Chairman. The official
denied rumors that the Central Bank may introduce negative interest rates. Jerome Powell also said the US
economy could face a long recovery period due to the COVID-19 epidemic. We expect data on the initial jobless
claims in the US. Positions should be opened from key levels.
Read more
The US dollar has weakened against its main competitors. Financial market participants have taken a wait-and-see
attitude before the speech by Fed Chairman Jerome Powell. Investors assess the UK GDP report. We expect economic
releases from the US. Positions should be opened from key levels.
Read more
The US dollar has strengthened against currency majors. The demand for safe assets has grown. Investors and
politicians are concerned about the second outbreak of the COVID-19 after a number of restrictions were lifted
in most countries. We expect US inflation data. We also recommend paying attention to the speeches by FOMC
representatives. Positions should be opened from key levels.
Read more
There is a variety of trends on currency majors. Financial market participants assess a report on the US labor
market for April. Today, London and Brussels will resume negotiations on relations after Brexit. We recommend
opening positions from key support and resistance levels.
Read more
Currency majors have become stable. Investors have started partially fixing greenback positions before today's
US labor market report. Experts forecast a decrease in the number of jobs in the US economy by 22.1 million in
April. The unemployment rate will reach 16.0%. We recommend paying attention to the difference between the
actual and forecasted values. Positions should be opened from key levels.
Read more
The greenback has updated local highs against major competitors. The demand for risky assets is still low.
Investors assess the Bank of England meeting. The regulator, as expected, kept the key marks of monetary policy
at the same level. We expect important economic reports from the US and Canada. Positions should be opened from
key levels.
Read more
There is a variety of trends on currency majors. The single currency is under pressure after an unexpected
decision of the Federal Constitutional Court of Germany. The demand for "safe haven" currencies is still high.
We expect important economic releases from the UK, the Eurozone and the US. Positions should be opened from key
levels.
Read more
The greenback has strengthened against its main competitors. The demand for safe assets has grown amid fears of
a renewed trade war between Washington and Beijing. The ECB forecasts that Eurozone GDP in 2020 will fall by
5.5%. The Canadian dollar is supported by price recovery in the "black gold" market. We expect important
economic releases from the UK and the US. Positions should be opened from key levels.
Read more
The greenback significantly strengthened against its main competitors. The demand for risky assets has weakened.
Washington is considering imposing new sanctions against Beijing, finding it guilty of the COVID-19 epidemic.
The number of coronavirus infected in the world exceeded 3.5 million. We expect economic reports from Germany.
Positions should be opened from key levels.
Read more
The greenback demand has weakened after the Fed meeting. The regulator kept the key marks of monetary policy at
the same level. The Central Bank expects a decline in key economic indicators in the second quarter. The
greenback is under pressure due to weak data on US GDP in the first quarter. Today, the ECB meeting is in the
spotlight. We recommend opening positions from key levels.
Read more
The dollar index has been declining. The greenback demand has weakened before the Fed meeting. It is expected
that the regulator will leave the key marks of monetary policy unchanged. We recommend paying attention to the
comments by representatives of the Central Bank. Investors will also assess important economic releases from the
US. Positions should be opened from key levels.
Read more
Currency majors are consolidating. Demand for risky assets has started resuming amid reduced restrictions in
most countries of the world. Investors expect the Fed and the ECB meetings which will be held this week. Today,
financial market participants will assess economic releases from the US. Positions should be opened from key
support and resistance levels.
Read more
The dollar index has been declining. Investors have started fixing greenback positions partially. Financial
market participants continue to assess the risks and impact of the COVID-19 epidemic on the global economy. The
Bank of Japan, as expected, kept key interest rates unchanged. We recommend opening positions from key levels.
Read more
Currency majors show a variety of trends. The euro is under pressure due to weak indicators of economic activity
in Germany and the Eurozone. The U.S. House of Representatives has approved a new bill on measures to support
the economy. Today, investors will assess important statistics from Germany and the US. Positions should be
opened from key levels.
Read more
The US dollar has strengthened again relative to currency majors. The greenback demand is still high. We expect
the meeting of EU leaders, as well as the publication of important economic releases from Germany, the Eurozone,
the UK and the US. We recommend opening positions from key support and resistance levels.
Read more
The US dollar has continued to grow against its main competitors. Financial market participants continue to
assess the effects of the coronavirus pandemic. The loonie is still under pressure amid aggressive sales in the
"black gold" market. We expect economic reports from Canada. Positions should be opened from key levels.
Read more
The greenback shows mixed results against major competitors. Financial markets participants expect additional
drivers. The loonie is under pressure due to a sharp collapse in prices in the "black gold" market. Today,
investors will assess important economic reports from Germany and the US. Positions should be opened from key
levels.
Read more
The greenback continued its growth relative to a basket of world currencies. Investors continue to assess the
risks of the further spread of the COVID-19 virus and its impact on the global economy. The Canadian dollar is
under pressure due to aggressive sales in the "black gold" market. We expect a report on inflation in the
Eurozone.
Read more
The greenback has strengthened relative to its main competitors despite the publication of pessimistic economic
releases. Demand for risky assets has significantly weakened amid the further spread of the COVID-19 pandemic.
The Bank of Canada, as expected, kept the key marks of monetary policy at the same level. We expect important
statistics from Germany and the US. We recommend opening positions from key levels.
Read more
The greenback has continued to lose ground. Currency majors are currently consolidating. The Bank of Canada
meeting and economic releases from the US are in the spotlight. Demand for the "safe haven" currencies is still
high. We recommend opening positions from key support and resistance levels.
Read more
The US dollar continues to lose ground against currency majors. Chinese exports and imports slowed down the
decline in March after falling earlier this year. Demand for the "safe haven" currencies is still high. Today,
the publication of important economic releases is not planned. We recommend opening positions from key levels.
Read more
The greenback is losing ground relative to major competitors. The potential for further decline remains. The
coronavirus pandemic is still in the spotlight. Today, the publication of important economic releases is not
planned. We recommend opening positions from key levels.
Read more
The dollar index shows negative dynamics. Greenback demand has weakened amid Fed stimulus measures, as well as
an increase in initial jobless claims. Today, investors will assess data on inflation in the US. Trading
activity may be reduced due to holidays in most countries of the world. We recommend opening positions from key
levels.
Read more
Currency majors show a variety of trends. Financial market participants expect additional drivers. Today, the
ECB monetary policy meeting account is in the focus of attention. Investors will also assess important economic
reports from the US and Canada. Positions should be opened from key levels.
Read more
Currency majors are consolidating. There is no defined trend. Financial market participants have taken a
wait-and-see attitude before the publication of the FOMC meeting minutes. We recommend paying attention to the
comments by representatives of the regulator. The COVID-19 epidemic is still in the focus of attention.
Positions should be opened from key levels.
Read more
There is a variety of trends on currency majors. Investors expect additional drivers. Today, senior eurozone
officials should hold a videoconference to agree on economic measures in the context of the COVID-19 epidemic.
We expect economic releases from the UK. We recommend opening positions from key levels.
Read more
On Friday, the US published a weak labor market report for March. At the same time, the demand for greenback is
still high. British Prime Minister Boris Johnson was hospitalized for an examination. We expect economic reports
from the UK. We recommend opening positions from key levels.
Read more
There is a variety of trends on currency majors. The coronavirus epidemic continues to impact the global economy
negatively. Financial market participants have taken a wait-and-see attitude before the publication of US labor
statistics for March. We recommend paying attention to the difference between the actual and forecasted values.
Positions should be opened from key levels.
Read more
Currency majors show a variety of trends. The COVID-19 pandemic continues to impact the global economy
negatively. Demand for the "safe haven" currencies is still high. Today we expect economic releases from the UK
and the US. Positions should be opened from key levels.
Read more
The greenback has become stable against major competitors. Financial market participants expect additional
drivers. Today, investors will assess important statistics from Germany, the UK and the US. We recommend opening
positions from key levels.
Read more
Currency majors stabilized. Investors continue to evaluate the impact of the coronavirus pandemic on the global
economy. Demand for safe haven currencies remains high. We are expecting important economic releases from
Germany, Canada and the USA. Open positions from key levels.
Read more
Еhe coronavirus pandemic continues to negatively impact the global economy. Greenback remains under pressure
relative to its main competitors. Demand for safe haven currencies has grown significantly. We are expecting
economic reports from the USA. Open positions from key levels.
Read more
Greenback significantly weakened relative to its main competitors. The COVID-19 virus epidemic continues to
negatively impact the global economy.
The US Department of Labor reported that the number of initial applications for unemployment benefits has
reached a record level. The Bank of England, as expected, kept the basic parameters of monetary policy at the
same level. Open positions from key levels.
Read more
Greenback continues to lose ground relative to major competitors. The US Senate supported a bill worth $2
trillion, which aims to mitigate the economic consequences of the coronavirus pandemic. Investors expect a
meeting of the Bank of England and data on the number of initial jobless claims in the United States. Open
positions from key levels.
Read more
Greenback has moved downwards against its main competitors. Further correction remains possible. US senators and
White House officials have agreed on an incentive package to mitigate the economic impact of the COVID-19
pandemic. We expect economic reports from Germany and USA. Open positions from key levels.
Read more
Major currencies have stabilized against greenback. The US Federal Reserve has introduced a new range of
incentive programs. The British Prime Minister has imposed a strict quarantine on the country. We expect
important economic releases from Germany, EU and the US. Open positions from key levels.
Read more
Currency majors have stabilized. The spread of the COVID-19 virus and its impact on the global economy remains
the focus of investors' attention. No important economic releases are planned today. We recommend opening
positions from key support and resistance levels.
Read more
USD has weakened in relation to its main competitors. Financial market sentiment improved slightly against the
backdrop of global central bank support measures. The CAD is supported by the recovery of oil quotations. We
expect important statistics from Canada and USA. Open positions from key levels.
Read more
Greenback continued its growth against its main competitors. The ECB and the Fed announced new stimulus programs
to combat the effects of the virus crisis. The British pound reached its lowest level against the dollar since
1985. The CAD continues to lose ground. We recommend opening positions from key levels.
Read more
USD has strengthened against its main competitors. Demand for American currency rose after Donald Trump's
statements. GBP reached the mark of $1.20. The CAD is under pressure from a significant drop in "black gold"
prices. We expect important statistics from Eurozone, USA and Canada. We recommend opening positions from key
levels.
Read more
The main currency pairs demonstrate a variety of trends. Investors continue to assess the risks of further
spread of the COVID-19 virus and its impact on the global economy. Today we expect important economic releases
from the UK, Germany and the USA. Open positions from key levels.
Read more
Currency majors show mixed results. The spread of the COVID-19 virus remains in the spotlight. The US Federal
Reserve has drastically reduced the key interest rate range. The Bank of Japan has announced an increase in
stimulus measures. GBP reached a six-month low relative to greenback. We recommend opening positions from key
support and resistance levels.
Read more
The ECB kept key interest rates at their previous levels. The regulator will increase its asset buyback program
by €120 billion by the end of 2020. Investors continue to assess the risks of COVID-19 virus spread and its
impact on the global economy. Sterling has collapsed significantly. At the moment the currency majors are
consolidating. We recommend opening positions from key levels.
Read more
USD continues to lose ground against its main competitors. The U.S. currency is under pressure from the
prospects of further reduction of interest rates by the Fed. Participants of financial markets took are waiting
for the publication of reports on the labor market of the USA and Canada. Open positions from key levels.
Read more
Currency majors have stabilized. Investors continue to assess the risks of COVID-19 virus spread. USD is under
pressure from the prospects for further easing of the Fed's monetary policy. The Bank of Canada reduced its key
interest rate. We recommend opening positions from key levels.
Read more
USD shows a steady downward trend against a basket of world currencies. The Fed has sharply reduced its key
interest rate range by 50 basis points. The demand for the safe haven currencies remains at a high level. Bank
of Canada meeting is in the spotlight. Open positions from key levels.
Read more
USD continues to lose positions against the single currency. The US dollar remains under pressure amid growing
expectations that the Fed will cut interest rates at the next meeting. GBP/USD, USD/CAD and USD/JPY are trading
steadily. Investors are waiting for additional drivers. Positions should be opened from key levels.
Read more
Currency majors demonstrate a variety of trends. Demand for USD has decreased significantly. Financial market
participants expect the Fed to lower the key interest rate range at the next meeting. The CAD is supported by
the recovery of oil quotations. We expect important economic releases from Germany, UK and USA. Positions should
be opened from key levels.
Read more
Trading activity and volatility on major currency pairs has increased significantly. The demand for greenback
has decreased. Investors have bet on the fact that the Federal Reserve may lower interest rates to compensate
for the impact of the spreading coronavirus. The CAD is under pressure from a significant drop in oil quotes. We
expect important economic reports from Germany, Canada and USA.
Read more
Currency majors demonstrate multi-directional dynamics. Investors are closely monitoring the situation with the
spread of coronavirus COVID-19 outside China. The Canadian dollar continues to be under pressure from the
negative dynamics of oil quotations. Today, the statistical data on the US economy is in the spotlight.
Read more
USD has weakened against its main competitors. Investors are concerned about the spread of the Covid-19
coronavirus outside China, which could lead to a serious decline in the world economy. We expect economic
reports from the USA. We recommend paying attention to the speeches of ECB head and FOMC representatives.
Read more
Currency majors show mixed results. Investors started partially fixing positions on greenback. The CAD is under
pressure from a significant collapse of oil quotations. Demand for safe haven currencies has resumed. We expect
important statistics from the USA. Positions should be opened from key levels.
Read more
Currency majors show a variety of trends. Investors are still concerned about the spread of coronavirus outside
of China. Today, financial market participants will assess economic releases from Germany. We recommend opening
positions from key levels.
Read more
Currency majors show mixed results. Demand for greenback remains high. The yen keeps losing positions against
the US dollar. We expect important statistics from UK, EU, Canada and USA to be published. We recommend opening
positions from key levels.
Read more
Financial market participants are evaluating the FOMC protocols. GBP/USD quotes have moved down. The Japanese
yen has considerably weakened. Today we expect important economic reports from UK, EU and the USA. We recommend
opening positions from key levels.
Read more
The EUR keeps losing positions against the USD. At the moment the currency majors are consolidating. Investors
took a waiting position before the publication of the FOMC Minutes. We also recommend you to pay attention to
the economic reports from the UK, Canada and the USA. Positions should be opened from key levels.
Read more
The currency majors are consolidating. The technical pattern is mixed. Investors are waiting for additional
drivers. Today, participants of financial markets will estimate important statistics from UK, Germany and EU. We
recommend opening positions from key levels.
Read more
Major currency pairs have stabilized. Investors are waiting for additional drivers. Euro is testing three-year
lows. The yen is under pressure from weak data on the country's GDP. The US and Canadian financial markets are
closed due to the holidays. It is recommended to open positions from key levels.
Read more
The EUR updated the two-year lows against the USD. GBP/USD quotes went up. The CAD and JPY are consolidating.
Coronavirus outbreak in China still remains in the focus of investors' attention. We expect important economic
releases from Eurozone and USA. Positions should be opened from key levels.
Read more
The single currency continues to lose ground relative to the greenback. Demand for CAD has resumed. GBP and JPY
are consolidating. Financial market participants expect important economic reports from the United States. We
recommend opening positions from key support and resistance levels.
Read more
Currency majors have become stable. Financial market participants assess the speech by Fed Chairman. Demand for
the British pound and the Canadian dollar has been resumed. Today, the news feed is fairly calm. We recommend
opening positions from key levels.
Read more
Euro continues to lose ground against USD. At the moment the currency majors are consolidated. Investors are
waiting for important economic releases from the UK. We also recommend you to pay attention to the statements by
the ECB head and FOMC representatives. Positions should be opened from key levels.
Read more
Greenbeck has once again strengthened against its main competitors. The US released optimistic labor market
statistics for January. Financial market participants continue to assess the risks of further coronavirus
expansion from China. Today the news background is calm. We recommend opening positions from key levels.
Read more
The EUR and the GBP continue to lose ground against the US dollar. USD/CAD and USD/JPY are trading steadily.
Participants of financial markets took a wait-and-see approach before the publication of reports on the labor
market of the U.S. and Canada. We recommend opening positions from key levels.
Read more
USD continued its growth against its main competitors. The US currency was supported by positive economic
releases. The CAD has stabilized. Demand for safe haven currencies has weakened considerably. The news
background is calm today. We recommend opening positions from key levels.
Read more
Greenback has stabilized against its main competitors. Investors are expecting additional drivers. Demand for
safe haven currencies has weakened considerably. Today participants of financial markets will appreciate
important economic releases from EU, UK and USA. We recommend opening positions from key levels.
Read more
Currency majors show mixed results. Sterling collapsed after comments from British Prime Minister Boris Johnson.
Negative dynamics of oil quotes continue to put pressure on the CAD. We expect important statistics from Great
Britain. We recommend opening positions from key levels.
Read more
Greenback has weakened considerably against world currencies. The possibility of further decline remains. The
coronavirus outbreak in China continues to be the focus of financial market participants. Today we expect the
publication of important statistics from Germany, UK and USA. Positions should be opened from key levels.
Read more
Currency majors demonstrate a variety of trends. The Bank of England, as expected, kept the main parameters of
monetary policy at the same level. We expect the publication of important statistics from EU, USA and Canada.
Open positions from key levels.
Read more
The Fed, as expected, maintained its key interest rate range at 1.50%-1.75%. The regulator noted the stability
of the labor market. Investors are waiting for the Bank of England meeting. We recommend you to pay attention to
economic reports from Germany and the USA. Open positions from key levels.
Read more
Major currency pairs are traded steadily. The focus is on the Fed meeting. Financial markets participants expect
the regulator to keep the main parameters of monetary policy at the same level. We recommend you to pay
attention to comments and rhetoric of the Central Bank representatives. Open positions from key levels.
Read more
The main currency pairs demonstrate a variety of trends. Investors are waiting for the Fed meeting, which is
scheduled for January 29. Today, participants of financial markets will assess important statistical reports on
the US economy. We recommend opening positions from key levels.
Read more
Currency majors demonstrate a variety of trends. The CAD is under pressure from the negative dynamics of oil
quotes. Demand for the currencies of the quiet harbor remains at a high enough level. We expect important
economic releases from Germany and the USA. Open positions from key levels.
Read more
Currency majors are consolidating. Euro remains under pressure after the ECB meeting. The regulator kept the
main parameters of monetary policy at the same level. The central bank plans to further stimulate the economy
for a long period of time. Demand for the save haven currencies remains at a high level. We recommend opening
positions from key levels.
Read more
Euro trades steadily against greenback. Investors are waiting for ECB meeting. Demand for Japanese yen and pound
has resumed. CAD is under pressure after Bank of Canada meeting. We recommend you to open positions from key
support and resistance levels.
Read more
Major currency pairs show mixed results. Sterling moved upwards after a positive report on the UK labor market.
Investors are waiting for the Bank of Canada meeting. We also recommend to pay attention to economic releases
from USA. Positions should be opened from key levels.
Read more
Currency majors demonstrate multidirectional dynamics. Greenback demand remains at a fairly high level. The Bank
of Japan has maintained the basic parameters of monetary policy at the same level. We are expecting important
economic releases from the UK and the USA. We recommend opening positions from key levels.
Read more
Currency majors are consolidating. Demand for USD remains at a fairly high level. Today the news background is
calm.
US financial markets will be closed due to the holiday. We recommend opening positions from key support and
resistance levels.
Read more
Major currency pairs show multidirectional dynamics. Participants in financial markets expect additional
drivers. Today, investors will evaluate important economic reports from the UK, the eurozone and the United
States. We recommend opening positions from key levels.
Read more
USD is trading stably relative to its main competitors. Washington and Beijing signed the first phase of the
trade agreement. Today, the attention of financial market participants is directed to the publication of the ECB
Minutes, as well as economic releases from the United States. We recommend opening positions from key support
and resistance levels.
Read more
Currency majors show a variety of trends. Investors expect the signing of an interim trade agreement between
Washington and Beijing. Demand for safe-haven currencies is still at a rather low level due to the reduction of
fears of further escalation of the military conflict between the US and Iran. Today, the US inflation report is
in the focus of attention. Positions should be opened from key levels.
Read more
The dollar index has moved away from local highs. The US has published rather weak labor market statistics for
December. We recommend following up-to-date information regarding resolving the conflict in the Middle East, as
well as concluding a trade deal between the US and China. Today, investors will assess important economic
releases from the UK.
Read more
USD is stable against EUR and GBP. The demand for safe currency is weakenening due to deescalation in the Middle
East. Investors expect labour reports from US and Canada. Open positions from key levels.
Read more
Trading activity and volatility in major currency majors have grown significantly. The focus is on geopolitical
tensions in the Middle East. Demand for safe assets remains at a fairly high level. We recommend that you pay
attention to economic releases from the United States. Open positions from key levels.
Read more
Greenback is losing ground against the euro and British pound. Demand for loonie and the currency of the "safe
haven" is still at a fairly high level. Today, financial market participants will evaluate important economic
releases from Germany, the UK and the US. We recommend opening positions from key support and resistance levels.
Read more
Greenback weakened against a basket of world currencies. This movement is largely due to technical factors.
Today, the news background is pretty calm. The publication of important economic releases is not planned. We
recommend opening positions from key support and resistance levels.
Read more
World currency markets remain in a festive mood due to the Christmas holidays. Major pairs have no defined
trends. USD has slightly moved up, the newsfeed is calm. Open positions from key levels.
Read more
USD is trading stably against the basket of world currencies. Trading activity and volatility decreased on the
eve of the Christmas holidays. The GBP is still under pressure. Today the news background is calm. We recommend
opening positions from key levels.
Read more
Greenback is stable against major currencies. This week, trading activity and volatility may be reduced due to
the Christmas holidays. Financial market participants expect important economic releases from the US and Canada.
We recommend opening positions from key levels.
Read more
Currency majors show mixed results. The GBP is still under pressure. Demand for the safe haven currency has
resumed. Investors expect publication of important statistics from the UK, Canada and the United States. We
recommend opening positions from key levels.
Read more
Currency majors show mixed results. Investors expect additional drivers. Today, the Bank of England will
announce its decision on a key interest rate. The Central Bank of Japan has maintained the basic parameters of
monetary policy at the same level. We recommend you to pay attention to the statistical data from the United
States. Open positions from key levels.
Read more
Greenback is stable against currency majors. Demand for the GBP has weakened significantly. Today, investors
will be watching the economic events in UK, Germany and Canada. Open positions from the key levels.
Read more
USD stabilized against major currency majors. Investors continue to monitor trade negotiations between the US
and China, as well as the situation around Brexit. Today we expect important economic reports from the UK and
the USA. Open positions from key levels.
Read more
The majors demonstrate a variety of trends. Investors continue to monitor trade negotiations between Washington
and Beijing. Demand for the GDP remains high after the victory of the ruling party in the UK elections. Today,
investors will evaluate important releases on business activity in Germany, the EU and the UK. Open positions
from the key levels.
Read more
Trading activity and volatility has grown across the majors. ECB kept the monetary policy parameters at the same
levels. Open positions from key levels.
Read more
The USD fell against a basket of major currencies after the Fed's decision on the interest rate and its further
statements. At the moment, the technical pattern is ambiguous. Investors are watching parliamentary elections in
the UK. Open positions from key support and resistance levels.
Read more
The technical pattern is inconsistent for the major currencies. An optimistic UK economy report was published
yesterday. Today we expect a decision on the US interest rate from Fed. Open positions from key levels.
Read more
The majors are consolidating, the technical pattern is ambiguous. Investors are waiting for additional drivers.
Open positions from key levels.
Read more
On Friday, the USD strengthened due to the publication of optimistic economic data. Today, the majors are
consolidating. Open positions from key levels.
Read more
There is a variety of trends among majors yet no defined ones. Investors expect important reports from US and
Canada. Open positions from key levels.
Read more
USD has weakened significantly against a basket of major currencies. The USD is under pressure from weak
economic data and an unclear situation around US-China trade relations. We recommend keeping track of current
news. Open positions from key marks.
Read more
The US dollar weakened against a basket of major currencies after statements by D. Trump regarding the US-China
trade agreement. We expect important economic statistics from the UK, USA and Canada. Positions should be opened
from key support and resistance levels.
Read more
The USD weakened against a basket of currencies after the publication of weak economic statistics. We recommend
that you keep track of the up-to-date information regarding US-China trade relations, as well as Brexit news.
Open positions from the key levels.
Read more
On Friday, a variety of trends was observed in the foreign exchange markets. Relations between China and the US
have become more complicated due to the recent actions of D. Trump. The signing of an interim agreement is not
as likely. We recommend you to keep track of current information on this issue and open positions from key
marks.
Read more
The majors are consolidating. The China/US relationship is in the spotlight. We expect important reports from EU
and Canada. Open positions from key levels.
Read more
Major currency pairs show a variety of trends. The United States has published a
number of controversial economic releases. Today, volatility may be reduced as US financial markets are closed
due to Thanksgiving. We recommend opening positions from key levels.
Read more
Currency majors are consolidated. Investors continue to monitor trade negotiations between Washington and
Beijing. Today we expect the publication of important economic releases from the United States. We recommend
opening positions from key levels.
Read more
Currency majors show a variety of trends. Investors expect additional drivers. The spotlight is on trade
negotiations between Washington and Beijing. We are expecting important economic releases from the USA. Open
positions from key levels.
Read more
Major currency pairs show a variety of trends. Demand for safe haven currencies has weakened amid positive news
on the settlement of the trade conflict between Washington and Beijing. Today we expect important reports from
Germany. Open positions from key levels.
Read more
Majors show а variety of trends. Financial market participants continue to monitor the situation around US-China
trade negotiations. We expect data on business activity in Germany, the eurozone and the UK. Open positions from
key levels.
Read more
Major currency pairs have stabilized. According to the FOMC Minutes, the Fed will not need to further reduce its
key interest rate. Demand for quiet harbor currencies remains at a fairly high level. We look forward to the
publication of important economic releases. Open positions from key levels.
Read more
USD stabilized against its main competitors before the publication of the FOMC Ьштгеуы. Pressure on CAD is
exerted by the negative dynamics of oil prices. Demand for safe haven currencies remains at a fairly high level.
We also recommend paying attention to economic releases from Canada. Open positions from key levels.
Read more
The euro and the pound continued to grow relative to the US currency. USD remains under pressure due to the
uncertainty in the settlement of the trade conflict between the US and China. A demand for save haven currencies
has resumed. We are waiting for reports on the real estate market in the United States. Open positions from key
levels.
Read more
The US dollar is losing ground relative to major competitors. Sentiments in the financial markets improved amid
optimistic news on the settlement of the trade conflict between Washington and Beijing. Investors expect
up-to-date information regarding the Brexit process. Today the news background is calm. We recommend opening
positions from key levels.
Read more
Currency majors demonstrate a variety of trends. Investors expect up-to-date information regarding the trade
agreement between Washington and Beijing, as well as the Brexit process. Today, important economic releases from
the EU and the United States will be published. Open positions from key levels.
Read more
The US dollar continued to grow relative to its main competitors. The majors are currently consolidating. Demand
for currencies of the safe haven has resumed. Today, investors will evaluate important economic releases from
the UK and the USA. Open positions from the key levels.
Read more
The USD has stabilized against currency majors. Financial market participants continue to monitor the settlement
of the trade conflict between Washington and Beijing. Today we expect important economic reports from the UK and
the USA. We recommend opening positions from key levels.
Read more
Majors show a variety of trends. Investors expect additional drivers. Demand for the GBP has grown
significantly. Today, financial market participants will evaluate important economic releases from the UK and
Germany. Open positions from key levels.
Read more
Last week, the USD significantly strengthened relative to its main competitors. At the moment, currency majors
have stabilized. Uncertainty regarding the settlement of the trade conflict between Washington and Beijing has
resumed, which has caused an increase in demand for the safe haven currencies. Today, investors will evaluate
important economic releases from the UK. Open positions from key levels.
Read more
Greenback continued its growth relative to its main competitors. Demand for the American currency remains at a
high level against the backdrop of the prospects for resolving the trade conflict between the United States and
China. The Bank of England, as expected, kept the key interest rate unchanged. We are expecting important
economic releases from Canada. Open positions from key levels.
Read more
EUR and the GBP are losing ground against the USD. Investors continue to monitor the settlement of the trade
conflict between US and China. Demand for safe haven currencies remains at a fairly low level. Attention is
focused on the Bank of England meeting. Open positions from key levels.
Read more
The USD has strengthened significantly in relation to its main competitors. The demand for it rose amid growing
prospects for a settlement of the trade conflict between Washington and Beijing. An additional support for the
US currency was provided by a positive PMI report on the US non-manufacturing sector from ISM. The USD index can
grow further. Open positions from the key levels.
Read more
The USD has strengthened its position against of world currencies. The demand for USD resumed amid optimism in
resolving the trade conflict between Washington and Beijing in the near future. Today, investors will evaluate
important economic releases from the UK and the USA. We recommend opening positions from key levels.
Read more
Last week, the greenback weakened against a basket of world currencies. The USD index completed the trading
session in the red. The United States published a mixed labor report for October. Investors continue to monitor
trade negotiations between Washington and Beijing. Today we expect important economic releases from Germany and
the UK.
Read more
Major currency pairs have stabilized. Investors took a wait and see attitude before the publication of the US
labor market report for October. Experts expect deterioration in key indicators. We recommend that you pay
attention to the difference between actual and forecast values. Open positions from key levels.
Read more
The USD has weakened against a basket of world currencies. The Fed, as expected, lowered its key interest rate
range by 25 basis points to 1.50-1.75%. The central banks of Canada and Japan kept the basic parameters of
monetary policy at the same level. Regulators worsened forecasts for GDP growth and inflation. Today, investors
will evaluate important economic releases from the EU and the United States. Open positions from the key levels.
Read more
Greenback is stable against a basket of world currencies. Investors took a wait and see attitude before the
meetings of the Bank of Canada and the Fed. Pay attention to the comments and rhetorics of the Central Bank
representatives. Consider today's economic releases and open positions from the key levels.
Read more
Major currency pairs show a variety of trends. Investors are waiting for new information regarding the
settlement of the trade conflict between Washington and Beijing, the Brexit process, and the Fed meeting. Today,
financial market participants will evaluate important economic reports from the United States. Open positions
from key levels.
Read more
Last week, the USD recovered a part of its losses against majors. Beijing and Washington said they are close to
completing the first phase of the trade agreement. Investors are waiting for the Fed meeting, which is scheduled
for October 30. Today, the news feed is calm. Open positions from key levels.
Read more
The majors are showing a variety of trends. The ECB has kept the key parameters of monetary policy the same.
Expecting important reports from Germany. You should open positions from the key levels.
Read more
Majors show a variety of trends. The ECB meeting is in the spotlight. Investors will evaluate reports from EU,
US and Germany.
Read more
USD has strengthened its position against a basket of world currencies. Investors began to partially fix
positions on the EUR before the ECB meeting. Prospects for resolving the trade conflict between Washington and
Beijing support USD. We recommend keeping an eye on the Brexit issue. Open positions from key levels.
Read more
USD has stabilized against a basket of world currencies. Demand for the US dollar resumed amid the prospects for
a settlement of the trade conflict between Washington and Beijing. Participants in financial markets expect the
results of the vote on the Brexit project. Today, investors will evaluate important economic reports from Canada
and the United States. Open positions from the key levels.
Read more
USD keeps losing positions against other majors. GBP has stabilised. The market participants are waiting for new
data regarding Brexit. The economic news feed is calm. Open positions from the key levels.
Read more
EUR and CAD continued to grow against the US dollar. EU representatives and UK parliamentarians have agreed on
the Brexit deal. Investors are waiting for the EU summit, at which the lawmakers must approve this agreement. We
also recommend you to pay attention to the speeches of FOMC representatives and open positions from the key
levels.
Read more
USD continues to lose ground relative to world currencies. Investors are waiting for new information on the
settlement of the US/China trade conflict. GBP has stabilized after a significant rally. Today, financial market
participants will evaluate important economic releases from the UK and the USA. Positions must be opened from
key levels.
Read more
EUR and CAD show mixed results relative to USD. GBP hit $1.28 after optimistic Brexit news came out. Trade
negotiations between Washington and Beijing remain in the spotlight. We look forward to the publication of
important reports. Open positions from the key levels.
Read more
Major currency pairs have stabilized. Investors are waiting for new information regarding trade negotiations
between the US and China. Optimism over the settlement of the Brexit process began to weaken. Today we expect
important economic reports from the UK and Germany. Open positions from key levels.
Read more
The USD index ended the trading session in the red. The demand for risky assets grew amid hopes for an interim
trade agreement between Washington and Beijing and a settlement of the Brexit process. We are expecting
important reports from Canada. Open positions from the key levels.
Read more
Majors are showing a variety of trends. The market participants are evaluating the FOMC Minutes. Brexit and
US/China negotiations are in the spotlight.
Read more
Majors demonstrate a variety of trends. The trade conflict between the US and China, as well as the situation
around Brexit remain in the spotlight. Today, investors will evaluate the FOMC Minutes, which may indicate the
further rate of adjustment of the Fed's monetary policy. We recommend opening positions from key levels.
Read more
Majors show a variety of trends. Investors continue to monitor a possible impeachment of the US president, the
situation around Brexit, and US/China negotiations. Today we expect important economic releases from the USA.
Positions must be opened from key levels.
Read more
The majors are consolidating. The market participants are evaluating the US labour market report for September.
Read more
The US dollar stabilized against currency majors. The dollar index can decline further. Expect a report on the
US labor market in September.
Read more
The USD continued to lose ground relative to currency majors, the pressure is exerted by weak economic releases
from the USA. GBP is under pressure.
Read more
USD weakened against a basket of world currencies after the release of weak statistics. Today, investors will
evaluate reports on US labour market.
Read more
EUR continues to lose ground against the US dollar, the quotes have reached a minimum since May 2017. Market
participants expect reports from EU.
Read more
The US dollar continues to hold positions relative to a basket of world currencies. The dollar index is
consolidating near annual highs.
Read more
Major currency pairs show multidirectional dynamics. The euro reached annual lows relative to the USD. The trade
conflict between Washington and Beijing, as well as the situation around Brexit, remain in the spotlight. Today
we expect the publication of important statistics on the US economy. We recommend opening positions from key
levels.
Read more
The US dollar strengthened against a basket of world currencies. The dollar index reached two-week highs.
Investors monitor political instability in the US and the UK. We expect important reports from the US. Open
positions from the key levels.
Read more
Majors show mixed results. Trade negotiations between the US and China, as well as the situation around Brexit,
remain in the spotlight. Today, investors will evaluate statistics on the real estate market in the United
States. Positions must be opened from key levels.
Read more
EUR remains under pressure due to weak EU economic reports. The investors are fixing the GBP positions. USD/JPY
set the new local minimums.
Read more
The majors are showing show a variety of trends. The US/China conflict and Brexit remain in the spotlight. The
EU published important reports.
Read more
The majors are consolidating. The market participats are waiting for the Fed meeting. Expect the regulator to
lower the interest rate to 1,75-2,00%. Investors will evaluate reports from UK, EU and Canada. Open positions
from the key levels.
Read more
Majors are showing a variety of trends. The investors are waiting for additional drivers. The demand for the
commodity currencies remains high.
Read more
Majors show a variety of trends. The demand demand for commodity currencies grew significantly amid a sharp
rally of oil quotes.
Read more
ECB softened the monetary policy. The investors are waiting on more info about the Brexit delay. Expect
important reports from the US.
Read more
USD recovered against other majors. The market participants are waiting for the ECB meeting.
Read more
The dollar index is consolidating near local lows. Majors demonstrate a variety of trends. The yen hit 5-week
lows against the USD. Today, investors will evaluate economic data from the United States. We recommend opening
positions from key levels.
Read more
Foreign currency majors show multidirectional dynamics relative to the US dollar. GBP hit two-month highs amid
positive economic releases.
Read more
Majors are showing a variety of trends. The US published a mixed labour market report. The investors are
watching the US/China negotiations. Expect important reports from the UK and open positions from the key levels.
Read more
USD stabilized against majors. The market pariticipants are waiting for the US and Canada labour market report.
A possible Brexit delay supports the pound. Investors keep watching the US/China trading conflict. You should
open positions from the key levels.
Read more
The USD retreated from the local maximums but can correct further. The worries about hard Brexit are lessened.
The Bank of Canada meeting is in the spotlight. You should open positions from the key levels.
Read more
EUR and GBP are losing ground against the USD. Brexit remains in the spotlight. Today, investors will evaluate
releases from the UK and the USA. We recommend opening positions from key support and resistance levels.
Read more
USD strengthened against the basket of the world currencies. The majors are consolidating. The market
participants are watching the US/China conflict.
Read more
USD strengthened again in relation to majors. Demand for safe assets has weakened amid optimism in international
trade.
Read more
Majors are consolidating. There is no defined trend. Demand for the safe assets remain at a fairly high level.
Today, investors will evaluate important economic reports from Germany and the United States. Positions must be
opened from key levels.
Read more
Majors are consolidating. Participants in financial markets are waiting for today's speech by Fed Chairman
Jerome Powell at the Jackson Hall Symposium
Read more
Currency majors are consolidating. According to the FOMC protocols, further adjustment of the monetary policy of
the Fed will be determined soon.
Read more
The USD retreated from local highs. Currently, the main currency pairs are consolidating. Investors expect the
publication of FOMC protocols.
Read more
USD holds the three-week maximums. The majors are consolidating. The investors are waiting for additional
drivers. The news feed remains calm.
Read more
Currency majors show a variety of trends. Investors expect additional drivers. Demand for "safe" assets has
weakened. Today, financial market participants will assess data on inflation in the Eurozone. Positions should
be opened from the key levels.
Read more
Currency majors show a variety of trends. The demand for greenback has risen after positive economic releases.
Today, financial market participants will assess statistics on the real estate market in the US. We recommend
opening positions from key support and resistance levels.
Read more
Currency majors show a variety of trends. Financial market participants are concerned about a possible inversion
of the yield curve of US government bonds. We expect publication of important economic releases from the UK and
the US. Positions should be opened from the key levels.
Read more
The US dollar has strengthened again relative to a basket of world currencies. Positive inflation data in the US
supported the greenback. Currency majors are currently consolidating. We expect important statistics from the
UK. We recommend opening positions from key support and resistance levels.
Read more
There is an ambiguous technical pattern on the currency majors. Investors expect additional drivers. The demand
for "safe" assets is still at a fairly high level. Today we expect important statistics from the UK, Germany and
the US. We recommend opening positions from key support and resistance levels.
Read more
The majors show a variety of trends. GBP hit the two-year lows. Demand for "safe" assets remains at a high level
amid an escalation of the trade conflict between the US and China.
Read more
The majors show different dynamics. Investors continue to monitor the trade conflict between the US and China,
as well as the situation around Brexit. Today we expect the publication of important economic releases from the
UK, Canada and the USA. We recommend opening positions from key support and resistance levels.
Read more
The majors are consolidating. There is no defined trend. The financial market participants are waiting for
additonal drivers. The US/China trading conflict remains in the spotlight, as does the Brexit ambiguousness.
Open positions from the key support and resistance levels.
Read more
The majors are showing a variety of trends. The investors are waiting for additional drivers. The US/China
trading conflict remains in the spotlight.
Read more
The dollar index went down. Some investors began to fix their positions. The US currency can decline further.
The US/China conflict remains in the spotlight. You should open positions from the key levels.
Read more
The majors are consolidating. The US published an ambiguous labour market report for July. The demand for safe
assets remains high due to the US/China trade conflict. We expect important releases on business activity from
Germany, UK and the US. You should open positions from the key levels.
Read more
Majors are condolidating. The US labour market report is in the spotlight. Bank of England retained the interest
rates and worsened the forecasts.
Read more
The demand for USD has grown after the Fed meeting and the instrument updated the two-year maximums. The price
can rise further.
Read more
Majors are consolidating. Investors are awaiting the Fed's interest rate decision, as well as the release of
important economic reports.
Read more
The majors show multiple trends. Investors are waiting for the Fed meeting. GBP is still under pressure due to
the growing risks of hard Brexit. GBP/USD quotes hit two-year lows. The Bank of Japan left the main parameters
of the monetary policy unchanged. We recommend to open positions from the key levels.
Read more
USD updated 2-month maximums. The investors are waiting for the Fed meeting and the US labour market report. GBP
remains under pressure.
Read more
ECB kept the monetary policy. The investors are evaluating the comments by Mario Draghi. A hard Brexit
possibility puts pressure on the GBP. USD/CAD and USD/JPY updated the local maximums. The US will release a GDP
report today. Open positions from the key levels.
Read more
Majors have a variety of trends. The ECB meeting is in the spotlight. Keep an eye on the comments by the bank
representatives.
Read more
EUR remains under pressure, the quotes hit a two-month low. Investors continue to monitor the situation around
Brexit.
Read more
The USD strengthened against majors. Financial market participants started to doubt that the Fed will reduce the
interest rate at the next meeting.
Read more
The US dollar has weakened against currency majors. The decline in government bond yields and weak data on the
US real estate market put pressure on the greenback. Investors expect important economic releases from the UK
and the USA.
Read more
USD strengthened against the majors. The USD is supported by the positive reports on the retail sales and can
grow further.
Read more
Majors show an ambiguous technical picture. The market is waiting for additional drivers. The investors will
review some important releases today.
Read more
Majors are consolidating. The technical picture is ambiguous. The investors are waiting for additionial drivers.
Read more
The majors have stabilized. The market participants are waiting for additional drivers. Today the investors will
evaluate reports from the US.
Read more
USD weakened after comments by Jerome Powell and may decline further. The official had shown the willingness to
reduce rates.
Read more
The majors are consolidating. The investors are evaluating the FOMC Minutes. Keep an eye on reports from UK and
open positions from the key levels.
Read more
EUR/USD stabilized, GBP remains under pressure due Brexit. CAD and JPY are losing positions. Keep an eye on the
Head of Fed`s speech.
Read more
USD strengthened against other majors after a positive labour market report in the US, and can grow further. The
newsfeed is calm.
Read more
The majors are consolidating, the US labour market report is in the spotlight. Keep an eye on the difference
between expected and real data.
Read more
Majors are consolidating. Investors are waiting for additional drivers. Today, trading activity may be reduced
due to the Independence Day in the US. Open positions from the key levels.
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The majors show a variety of trends. The financial market participants expect the release of important
statistics. Open positions from key levels.
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The USD strengthened against the majors and has a potential for further growth. Today we expect important
statistics from the UK.
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The main currency pairs show a variety of trends. Look out for releases from Germany, UK and USA.
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Majors demonstrate multidirectional dynamics with respect to the USD. Investors took a wait-and-see approach to
the G20 summit.
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The USD recovered some of its losses and can correct further. The majors are consolidating. Expect important
statistics from the United States.
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The majors are consolidating after a long rally. A technical correctio is possible soon. The investors are
waiting for the G20.
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Majors have significantly strengthened against the USD, which remains under pressure after the Fed meeting and
can decline further.
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The majors are consolidating after a rapid rally. The USD is under pressure due to Fed`s rhetorics. The USD
index can descend further.
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The USD index fell due to pressure from the Federal Reserve meeting. The investors are waiting for the Bank of
England to announce the interest rate.
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The majors are consolidating. The Federal Reserve meeting is in the spotlight. Keep an eye on the comments by
the FOMC representatives.
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USD has stabilized against other majors before the Federal Reserve meeting. GBP is under pressure due to hard
Brexit.
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The majors have an ambiguous technical picture. USD remains under pressure. Wait for a retail sales report from
the US.
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Majors are still consolidating. Growing expectations of lower interest rates by the Fed is putting pressure on
the greenback. We recommend paying attention to the report on inflation in the United States. Positions must be
opened from key levels.
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The majors are consolidating. The technical picture is ambiguous. The USD is under pressure, the investors are
watching the China/US conflict.
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USD kept losing positions against the majors and can descend further. The demand is weakened due to a weak May
labour market report.
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The ECB kept the monetary policy without changes. The majors are consolidating. The US and Canada labour market
reports are in the spotlight.
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USD recovered after positive business activity reports in the non-industrial sector. The ECB meeting is in the
spotlight.
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The USD is consolidating near the key minimums. FRS is highly likely to decrease the key rates this year. Open
positions from the key levels.
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The USD weakened against the basket of world currencies. The demand for USD lowered due to the FOMC comments.
The USD index can descend further.
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USD weakened against the majors. The trading conflict escalation is in the spotlight. The demand for the safe
assets remains high.
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The majors have stabilized. The tension in the world trade supports the safe assets. We expect important
releases from the Canada and the US.
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USD strengthened against the majors. The trade war escalation is in the spotlight. The investors are waiting for
the economic reports from the US.
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The demand for risky assets is weakened. Majors are consolidating. Today we expect new Canadian key interest
rate and a German labour market report.
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The main currency pairs are consolidating. The investors are waiting for additional drivers. The USD index has
prospects for a further correction.
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The USD index (#DX) updated the local minimums again. The demand for the USD is weakened. The prospects for
further correction remain.
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USD started to descend. The further correction remains possible. The trading conflict and loss of bonds` yield
put pressure on the USD.
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The USD index is testing the annual maximums. The demand for USD remains high. The investors are expecting
important releases today.
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USD keeps showing a positive trend. The prospects for growth remain. The market participants are waiting for the
FOMC Minutes.
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USD holds positions against majors and has prospects for further growth. The market participants are evaluating
the reports from the UK and the US.
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USD reached two-year maximums regarding world currencies. The prospects for further growth remain. The investors
are evaluating the FOMC`s statements.
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The USD strengthened against the majors and has prospects for growth. The market participants are waiting for
additional drivers.
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The technical picture is ambiguous. The USD is consolidating. The investors are waiting for important economic
reports from the US. You should open positions from the key levels.
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USD partially recovered against other majors. The market participants are waiting for relevant intel regarding
the US/China negotiations.
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The US/China trade war remains in the spotlight. The majors are consolidating. Expect important releases from
Germany and EU.
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The majors are moving sideways. The market participants are waiting for new drivers. Keep an eye on the intel
regarding the US/China negotiations.
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The majors are consolidating. The market participants are expecting the resolution to the US/China trade deal as
well as important economic releases.
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The major currencies are consolidating. In the spotlight are the US/China trading negotiations, as well as the
latest ECB meeting protocol.
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USD remains under pressure. The major currency pairs are consolidating. The demand for safe assets remains high
due to the US/China trade conflict.
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USD retreated from the local maximums. The investors are evaluating the US Labour market reports. The US/China
trading conflict is in the foreground once more.
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Demand for USD remains high. The USD index can grow further. The majors are consolidating before the US April
Labour Market report.
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Demand for USD has grown after the Federal Reserve comments. Right now the majors are consolidating. The Bank of
England meeting is in the spotlight.
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The USD index is testing the 2-year maximums. The market participants are waiting for the US GDP report for
2019. The majors are consolidating.
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USD grew against other majors. The tendency to further growth remains. The weak reports from Germany hurt the
EUR.
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USD strengthened against major currencies. The demand for it remains high. The Bank of Canada's meeting is in
the spotlight today.
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USD is being traded without trends. Demand for the commodity currencies remains. Today, expect the US real
estate report and open positions from the key levels.
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The majors are consolidating. The trading volume is lowered due to the Easter holidays. The investors are
evaluating the real estate market in the US.
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The demand for USD growth after positive releases. GBP has stabilised next to 1.30 USD. Today the trading
activity will be lowered due to holidays.
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The trading activity and volatility on the major currencies have lowered before the holidays. Investors are
waiting for important economic releases.
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The major currencies are showing a variety of trends. The EUR is weak after the comments from the ECB officials.
The Brexit remains ambiguous.
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Currency majors are being traded steadily. Donald Trump criticized the Fed's policy again, which puts additional
pressure on the US dollar. Investors expect important economic releases. We recommend opening positions from key
support and resistance levels.
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The majors are consolidating as the traders await additional drivers. The demand for risky assets is high. Open
positions from the key levels.
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The demand for USD has grown after optimistic economic releases. The ambiguousness around Brexit remains.
USD/JPY set new monthly maximums.
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Investors are evaluating the ECB meeting and FOMC Minutes. The majors are consolidating. Brexit has been
posptoned. Open positions from the key levels.
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The major currecies are consolidating. The investors are waiting for the ECB meeting, the EU summit and the FOMC
minutes.
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USD shows a negative trend against the competition. Brexit and the US\China trading negotiations remain in the
spotlight. The oil market is bullish which supports currencies based on raw resources. Open the positions from
the key levels.
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The major currencies are consolidating. The technical picture is ambiguous. The investors are evaluating the US
reports for March. The political events remain in the spotlight. Open the positions from the key levels.
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The investors are waiting for the US Labour Market report. USD is supported by the productive US/China
negotiations. Brexit remains in the spotlight.
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USD is weakened against the world currencies due to weak economic releases. The demand on the risky assets fell.
The investors are watching Brexit.
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USD started to descend against other currencies. The US/China negotiations are in the spotlight. The demand on
GBP has grown. Expect important economic releases.
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The USD index is testing the local maximums. The demand for USD fell after ambiguous economic releases. The
investors expect more news about Brexit.
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The USD index holds the local maximums. The majors are consolidating. The financial market participants are
waiting for important economic releases.
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The demand for USD remains despite the weak economic reports. The major currencies are consolidating. The Brexit
situation remains in the spotlight.
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The USD updated the weekly maximums. GBP remains under pressure due to Brexit ambiguousness. Investors are
waiting for important economic releases.
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USD strengthened against the major currency. The Brexit situation remains in the spotlight. The newsfeed is calm
today.
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The major currencies have stabilized. Brexit remains in the spotlight. Keep an eye on the economic releases and
the US Treasury bonds` yield.
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The major currencies are showing an ambiguous dynamic. The demand for the safe assets grows. The financial
market participants are watching Brexit.
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The USD index started to grow and can recover further. GBP is under pressure due to Brexit. You should expect
important economic releases today.
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USD fell due to Federal Reserve`s statements and can fall further. GBP under pressure due to Brexit. The demand
for JPY grew rapidly.
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The major currencies are consolidating. Federal Reserve meeting is in the spotlight. Keep an eye on the new FOMC
forecasts and open positions from the key levels.
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The USD index holds the two-week minimums before the Federal Reserve meeting. The Brexit conundrum remains in
the spotlight.
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USD was weakened on Friday. This week the investors will be watching Brexit and Central Bank meetings. Prices on
oil retreated from local maximums.
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The UK voted to postpone Brexit. The USD stregthened despite weak economic reports. Japan kept the key interest
rate. Price on oil are growing.
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The USD index updated the local minimums due to weak economic releases. The demand for GBP has grown after the
Brexit vote in the UK Parliament.
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The UK refused the new Brexit agreement. GBP remains under pressure, volatility reached maximums since June
2016. The USD updated the local minimums.
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USD is testing the local minimums. Investors are watching the Brexit vote and the US inflation report. You
should open positions from the key levels.
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USD retreated from extremums after the ambiguous US Labour Market report. Correction prospects remain. The
investors await the US retail sales report.
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USD holds the local maximums. The major currencies are consolidating before the CBE meeting. CAD is falling
after the the Bank of Canada's comments.
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USD strengthened against the world currencies with further growth prospects. The traders are waiting for the
Bank of Canada decision on interest rate.
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The USD closed in the green. The demand for USD is high. Reports from the UK, US, and Canada are in the
spotlight. Open positions from the key levels.
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USD shows a positive trend. The demand for the american currency is high. Brexit and the US/China negotiations
are in the spotlight.
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The USD index is showing a positive trend. The yen is weakened against the USD. The market participants are
waiting for economic reports. You should open positions from the key levels.
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The major currencies are consolidating. The investors are evaluating the news feed. Preliminary GBP report from
the US is in the spotlight. You should open positions from the key support and resistance levels.
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USD keeps losing positions against other majors. The investors are evalulating Jerome Powell's statements. We
expect reports from US and Canada.
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Demand for risky assets grows. Falling oil futures pressure on the CAD. Check out statements by the Head of
Federal Reserve and reports from the US.
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The major currencies are consolidating. The investors are waiting for addtional drivers. USD/CAD quotes are
showing a negative trend.
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The majors are moving in a flat. The market participants are waiting for new drivers. The reports from the US,
Canada and EU are in the spotlight.
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The majors are consolidating. The investors are evaluating the FOMC Minutes. We are waiting for reports from the
US and the EU.
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USD weakened against the majors. The investors are waiting for the FOMC Minutes. GBP updated the key maximums.
JPY remains under pressure.
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Major currencies are consolidating. The investors are waiting for reports from the UK and Germany. You should
open positions from the key levels.
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The USD index retreated from local maximums. The majors are consolidating. The investors are waiting for
additional drivers. You should open positions from the key levels.
Read more
The majors are consolidating. The demand for JPY is growing. Keep an eye on the US/China negotiations, and check
out reports from the UK and the US.
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USD retains its positive trend. The investors are waiting for reports from the EU and the US, as well as new
intel regarding the US/China trading conflict.
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USD index retreated from monthly maximums. The demand for high-risk assets is back. The investors are watching
the US/China trading negotiations.
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The demand for USD remains at the high level. The USD index has prospects for
growth. The investors are watching the US/China negotiations closely.
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The USD is testing the monthly maximums. The Washington/Beijing negotiations are
in the spotlight. The investors are waiting for reports from the UK.
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USD updated the local maximums. The prospects for growth remain. The Bank of
England kept the monetary policy at the same levels. We expect reports from China. You should open positions
from the key levels.
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The demand for USD remains. The USD index has good growth prospects. The Bank of England meeting on key interest
rate is in the spotlight.
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The USD index shows a positive trend. The prospects for growth remain. The investors are waiting for the reports
from the US.
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The demand for USD is growing. The major currencies are consolidating. We are expecting the economic reports.
Open the positons from the key levels.
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On Friday the major currencies shown mixed results as the investors evaluated the US Labour Market report. The
UK reports are in the spotlight today.
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The US labour market report is in the spotlight. The major currencies are consolidating. You should open
positions from the key levels.
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The demand for the USD is weakened after the Fed meeting. The USD index has downward prospects. We are waiting
for the important economic reports.
Read more
The major currecies are consolidating. Federal Reserve meeting is in the spotlight. GBP remains under pressure
due to Brexit ambiguousness.
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The major currency pairs are consolidating. Brexit vote is in the spotlight. Keep an eye on the US news feed and
open postions from the key levels.
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USD is weakened against the other major currencies. Political conflict is ongoing in the White House. You should
open positions from the key levels.
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The major currencies are in a variety of trends. EUR is weakened after the ECB decision on the key interest
rate. Consider entering the market from the key levels.
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The USD is weakened against the basket of major currencies. We expect important reports from the US. Consider
opening postions from the key resistance and support levels.
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The major currencies are showing a cariety of trends. Canada will publish the basis retail sales index today.
You should open positions from the key levels.
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The majors are in an ambiguous state. The investors are waiting for the economic reports from the EU, UK and the
US. Positions should be opened from the key levels.
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There is a variety of trends among the majors. The US financial markets are closed due to the Martin Luther King
day. You should open positions from the key levels.
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The major currencies are in a variety of trends. The investors are waiting for the reports from the UK, Canada
and the US. You should open positions from the key levels.
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The major currencies are showing a variety of trends. We expect reports from the EU and the US. Consider
entering the market at the key levels.
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Major currencies are showing a variety of trends. The investors are evaluating the Brexit vote. You should open
positions from the key levels.
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The majors are being traded in a flat. The investors are waiting for additional drivers. Tonight the attention
will be focused on Brexit. You should search for market entry points at the key levels.
Read more
The major currencies have a variety of trends. The investors are waiting for the additional drivers. You should
look for the market entry points from the key support and resistance levels.
Read more
The major currencies are consolidating. The USD remains under pressure. The reports from the UK and the US are
in the spotlight. You should open positions from the key levels.
Read more
The demand for the USD is weakened after the FOMC Minutes. The USD index has a tendency to descend. We expect
important economic reports. Positions should be opened from the key levels.
Read more
The major currencies are consolidating. The Bank of Canada and the FOMC Minutes are in the spotlight. The
investors are waiting for the relevant reports regarding the US/China trading conflict. Positions should be
opened from the key levels.
Read more
The USD index is showing a negative trend. The demand for safe assets remains high. You should keep an eye on
the US News Feeds. You should open positions from the key levels.
Read more
The major currencies recovered the majority of their losses. The demand for the yen grows. The investors are
waiting for important economic reports. Positions should be opened from the key levels.
Read more
The USD grew against the other major currencies. The demand for safe-haven currencies growth. We expect
important reports from the US. You should open positions from the key levels.
Read more
The major currencies are consolidating. Investors are waiting for the important reports from the EU and UK. The
demand for the yen is high. Positions should be opened from the key levels.
Read more
The USD index shows a negative trend. The downward movement remains. We expect reports on the US real estate
market. Positions should be opened from the key levels.
Read more
The major currencies are consolidating. The investors expect essential reports from the US. The USD/JPY quotes
are recovering after a long fall. Positions should be opened from the key levels.
Read more
The USD has a negative trend. There is a possibility of further descend. The trading activity and volatility
have lowered due to holidays. Positions should be opened from the key levels.
Read more
The USD shows a negative trend and can descend further. The investors expect reports from the UK and the US.
Positions should be opened from the key levels.
Read more
The USD index started to descend. The investors are evaluating the Federal Reserve meeting. The Bank of Japan
kept the basic parameters of the monetary policy. Important reports are expected. Positions should be opened
from the key levels.
Read more
The major currencies are consolidating before the Federal Reserve meeting. You should keep an eye on the
economic reports from the UK and Canada. Positions should be opened from the key levels.
Read more
The USD retreated from the annual maximums. The major currencies are consolidating before the Federal Reserve
meeting. The demand for yen has grown. You should open positions from the key levels.
Read more
The demand for USD remains. The major currencies are consolidating. Investors wait for the key Central Banks
meetings. You should keep an eye on the EU inflation report.
Read more
The major currency pairs are consolidating. The financial market participants are waiting for important reports
from the EU and the US. Positions should be opened from the key levels.
Read more
The major currencies are showing a variety of trends. Investors are waiting for the ECB decision regarding the
key interest rate. You should look for market entry points from the key levels.
Read more
USD is testing the monthly maximums. Prospects for growth remains. The US inflation report is in the spotlight.
Investors expect new data regarding Brexit. Positions should be opened from the key levels.
Read more
The USD strengthened against the major currencies. GDP is under pressure due to the Brexit conundrum. Important
reports will be released today. Positions should be opened from the key levels.
Read more
The major currencies are consolidating. The demand for the USD lowered. The reports from the UK and the US are
in the spotlight. Positions should be opened from the key levels.
Read more
Investors are waiting for the US Labour Market reports. The major currencies are consolidating. Positions should
be opened from the key levels.
Read more
The major currencies are showing an ambiguous technical picture. Investor are waiting for additional drivers.
You should keep an eye on the US and Canadian news feed. Positions should be opened from the key levels.
Read more
Currency majors show a variety of trends. The attention is focused on statistics from the UK and the decision of
the Bank of Canada on the key interest rate. Positions must be opened from the key levels.
Read more
The American currency shows negative dynamics. We expect important statistics from the UK. Positions must be
opened from the key support and resistance levels.
Read more
The major currencies are showing a variety of trends. Investors are waiting for the economic stats from the EU,
UK and the US. Positions should be opened from the key levels.
Read more
Currency majors are consolidating. Investors took a wait-and-see attitude before the G20 summit. Positions
should be opened from the key marks.
Read more
USD is weakened against the basket of major currencies due to weak economic stats and statements by the head of
the Federal Reserve. We are waiting for the FOMC Minutes publication. Positions should be opened from the key
levels.
Read more
The US dollar strengthened against a basket of major currencies. Investors expect economic reports from the
United States. We recommend looking for entry points to the market from key support and resistance levels.
Read more
The USD held against the basket of major currencies. Investors are focused on the trading conflict between the
US and China. Positions should be opened from the key levels.
Read more
The US dollar strengthened against a basket of major currencies. Investors assess Brexit news. We recommend
looking for entry points to the market from the key support and resistance levels.
Read more
GBP strengthened after the good news regarding the Brexit resolution. We expect important stats from Canada.
Positions should be opened from the key levels.
Read more
Currency majors are consolidating. US financial markets are closed due to Thanksgiving Day. Investors expect
additional drivers. We recommend looking for entry points to the market from the key levels.
Read more
USD grew against the basket of major currencies. The upwards trend holds. The raw resource currencies remain
under pressures. We expect important economic reports from the US.
Read more
The USD index updated the local minimums. The investors are waiting for new data regarding Brexit and important
economic reports from the US. Positions should be opened from the key levels.
Read more
USD quotes started to descend. The investors are evaluating the comments from Federal Reserve and the Brexit
conundrum. Positions should be opened from the key levels.
Read more
The major currencies are consolidating. The pound remains under pressure from the Brexit situation. We are
expecting important economic stats. Positions should be opened from the key levels.
Read more
The USD kept losing the positions against the major currencies. Brexit and important reports from Great Britain
are in the spotlight. Positions should be opened from the key levels.
Read more
The USD index retreated from the annual maximums. The major currencies are consolidating. Economic reports from
Great Britain and the US are in the spotlight. Positions should be opened from the key levels.
Read more
The major currency pairs are consolidating. A technical correction is possible soon. We expect important
economic statistics from Great Britain and Germany. Positions should be opened from the key levels.
Read more
The USD keeps strengthening against the basket of major currencies. The demand for the USD holds. The positions
should be opened from the key levels.
Read more
The dollar index closed in the positive zone. The Fed left interest rates unchanged. Investors expect statistics
from the UK and the US. Positions must be opened from the key levels.
Read more
The USD is weakened against the basket of major currencies. The investors are waiting for the Federal Reserve to
determine the key interest rate. Positions should be opened from the key support and resistance levels.
Read more
The US dollar fell slightly against a basket of major currencies before the Fed meeting. Investors expect a
decision on the interest rate and comments by the Central Bank representatives. We recommend looking for entry
points to the market from the key
levels.
Read more
The major currencies are consolidating. The demand for GBP remains high. The investors are waiting for the US
Congress Primaries. Positions should be opened from the key levels.
Read more
There is a variety of trends on the currency majors. Demand for the US dollar is still high. Statistics from the
UK and the US are in the focus of attention. Positions should be opened from the key levels.
Read more
USD is weakened against the basket of other currencies. The British pound strengthened after positive news about
Brexit. We expect a US Labour Market report today. Positions should be opened from the key levels.
Read more
Currency majors have started to recover against the US dollar. Demand for the pound has grown significantly. The
Bank of England meeting and important statistics from the US are in the focus attention. Positions should be
opened from the key levels.
Read more
The major currencies are consolidating. The investors are waiting for the important stats from Eurozone, USA and
Canada. Positions should be opened from the key support and resistance levels.
Read more
