Sep 11: Obama's speech on Syria

September 11, 2013

EUR/USD has once again failed to rise above $1.3280 and edged lower into the $1.3250 area.  On the data front today there is only the German final CPI at 6:00 GMT. GBP/USD is trading slightly below the $1.5745/50 resistance area. Cable is waiting for a bunch of the UK employment data at 8:30 GMT. Claimant count change is expected to improve in August, but at a slower pace than in July. Unemployment rate is forecasted to stay at 7.8%.

USD/JPY reached the 7-week high at 100.60 after US President Barack Obama called for a pause in authorizing military strikes on Syria as the market’s sentiment improved and demand for yen as a safe haven declined. USD/CHF is rising for the second day. Today the greenback’s trading at yesterday’s high in the 0.9365 area.

MSCI’s broadest index of Asia-Pacific shares outside Japan slipped by 0.2% after gaining 2.7% this week. AUD/USD rose on Tuesday to the top of the daily Ichimoku Cloud at $0.9318, the highest level since July, and is trading below this level at the moment of writing. NZD/USD closed yesterday above $0.8050. Today kiwi’s correcting down a bit, to $0.8040. The RBNZ will announce its interest rate decision at 21:00 GMT. USD/CAD recovered from the yesterday’s monthly low of 1.0345 to 1.0360.

Publication source
FBS information  FBS reviews

October 20, 2016
Markets want a hike
The market is getting very anxious, as everybody is waiting for the FED to increase the interest rates. This makes the currency swing from one extreme to another...
October 20, 2016
Asian stock markets mostly moved higher
Governor Poloz said they actively discussed adding more monetary stimulus before deciding to leave the policy rate unchanged...
October 20, 2016
Euro looks to ECB meeting as risks are balanced
The single currency could come under pressure as the ECB meeting is scheduled for later today. No policy changes are expected from the central bank as Draghi's whatever it takes remains the main keyword...

FXTM Rating
FXCM Rating
Tickmill Rating
HotForex Rating
Grand Capital Rating
Larson&Holz IT Ltd Rating

24option Rating
TropicalTrade Rating
Beeoptions Rating
OptionsXO Rating
Empire Option Rating
TopOption Rating