Fundamental analysis for June 09, 2015

June 9, 2015

Last Friday main event was the May US labor market report. All traders were looking forward to this release as it had to give an answer whether the US economy stood on the growth path after the first quarter recession or not and whether the Fed is going to raise the federal rates this year. It is worth noting that the data met the traders’ expectations who bet on the US dollar growth. The Non-Farm index came out at the level of 280 thousand, the average earnings increased by 0.3%. The US Treasury two-bond yields immediately increased to the level of 0.752%, having set a new maximum for the last four years. Against this background, the pairs EUR/USD and GBP/USD had decreased. However these pairs fell by the end of the day.

The Japan Central Bank foreign exchange reserves growth with the high level of Japanese securities purchases by foreign investors points out to the capital income into the country. Nevertheless the pair USD/JPY has decreased.

Germany published the industrial production report. It was expected that it might please the traders with the positive data amid the industrial orders growth. As a result the release showed a growth 0.9%m/m and 1.4% y/y.

Publication source
Fort Financial Services information  Fort Financial Services reviews

February 17, 2017
US dollar poised to end the weak on a bearish note
The US economic data continued to post strong gains with building permits and Philly Fed manufacturing index beating expectations strongly. However, the markets were not quite impressed despite the data points supporting the hawkish Fed for more rate hikes...
February 17, 2017
Brent remained rather unchanged
There seems to be little drive for any real direction now. Brent remained rather unchanged on Thursday staying in a tight range above 55.50 dollars per barrel. The Asian upward impetus lost it legs when European markets opened...
February 16, 2017
U.S. dollar remained near its fresh highs
After touching the level 1.0550 the euro bounced off and was able to reverse a minor part of its losses. The overnight’s recovery attempt stalled just under 1.0600 barrier. The pair came under renewed selling pressure and slipped into negative territory in the late Asian session...

Tickmill Rating
EXNESS Rating
Orbex Rating
XM Rating
FxPro Rating
FOREX.com Rating

GTOptions Rating
Binary Brokerz Rating
TropicalTrade Rating
Porter Finance Rating
OptionFair Rating
Beeoptions Rating