Fundamental analysis for June 03, 2015

June 3, 2015

The new trading week the US dollar began with a growth. However it fell yesterday - the dollar index basket (USDX) closed the trading day at the mark of 97.51. By the end of the day the pair EUR/USD had increased. Earlier it showed a decrease amid the US ISM manufacturing sector positive report.

During the day the pair GBP/USD was under pressure after the UK manufacturing sector PMI weak data. Nevertheless, the trading day ended with the quotations increase. The Bank of England in its quarterly economic forecast, published in early May, pointed out to the real estate sector decline. However, according to the April data - the mortgage loans volume rose up to the mark of 42.1K that smoothes the negative picture.

The US production sector ISM index positive data point out to the US economy recovery after recession in the first quarter which accelerated the pair USD/JPY growth. However the pair by the end of the day had decreased.

Publication source
Fort Financial Services information  Fort Financial Services reviews

January 16, 2017
U.S. markets are closed Monday
U.S. markets are closed Monday for Martin Luther King Day. This will be a busy week for traders, with the inauguration of president-elect Trump on Friday headlining...
January 16, 2017
Busy start to the GBP with Carney speech
U.S. markets are closed today on account of Martin Luther King Day. Economic data is quiet ahead of another busy week. The Bank of England Governor, Mark Carney will be speaking later this afternoon and his comments come a day before the British PM Theresa May will be holding her press conference on Brexit...
January 13, 2017
The dollar is trading softer into the London open
Aftershocks from President-elect Trump’s campaign-like press conference, which had weighed on global stock markets and yields started to recede late in the U.S. session and U.S. equities managed to recover part of their losses...

Fort Financial Services Rating
Orbex Rating
 FXTM Rating
FXCM Rating Trade Rating

24option Rating
Porter Finance Rating
IQ Option Rating
EZTrader Rating
Anyoption Rating
TropicalTrade Rating