Fundamental analysis for June 23, 2015

23 June, 2015

The EUR/USD lost some ground expecting the EU emergency summit regarding the Greece situation, as well as the German bonds yield reducing to their counterparts from the US and the UK.

The GBP/USD fell at the end of the trades. Earlier the pound slightly strengthened after the negative differential government bonds yields reduction in the UK and the US.

The USD/JPY lost the bearish sentiment background on the world's leading stock markets which caused the transactions carry trade closure. However the dollar strengthened and the pair increased.

Despite the relative stability which came from the dollar weakening rather than the euro increasing, the situation with Greece continues to worsen European investors’ mood. There was not adopted any Greek decision after the EU finance ministers meeting last Thursday which increases the default risks and the country's exit from the EU. Donald Tusk called an emergency meeting on Monday to decide the Greece fate. We expect the final agreement between Greece and creditors till the end of the week.


Source link  
Positive market sentiment persists

On Tuesday, US markets continued to gain, after a positive start of the trading week on Monday. It is characteristic that on the positive sentiment...

Equity markets continue to decline

The last two trading days are marked by negative market dynamics, as equity indices are under pressure. On Wednesday, Europe was under pressure...

Asian equity indexes mixed

Asian indexes were mixed on Thursday following a soft close in Wall Street following a widely anticipated tax reform approval by Congress...


Mixed sentiment takes on in Asia

Asia markets were mixed on Monday, following a strong lead from Wall Street last week as market players looked ahead to fresh economic data, while...

Euro is firm at current levels

The preliminary estimate of the consumer price index in November rose to 1.5% from 1.4%. The data turned out to be less than expected...

Gold reversed some losses

The softer tone in the US Dollar allowed gold prices to reverse some losses. Buyers broke the upper limit of the selling channel and almost...


Pound tested 1.3200 and stopped

The buying interest persists in the market. All technical indicators are positive supporting buy orders. The resistance lies at 1.3300, the support comes...

Brent failed to approach 49.50

Sellers kept driving the benchmark lower the whole night and found an obstacle at 48.50. The resistance lies at 49.50, the support lies in at 48.50 dollars...

DAX index turned bearish

The benchmark broke 12600 first and then weakened down to 12527. Bulls returned control in the early European session and returned the price to 12600...


In the past 24 hours Bitcoin has lost -0.43% and reached $6453.50005426. Open your trading account with the best cryptocurrency brokers on special terms today.

In the past 7 days the EUR/USD pair has gained 0.6352% and is now at $1.1587. Start trading and making money on Forex today.

In the past 7 days Ethereum has gained 2.71% and is now at $203.357281481. Have the most popular cryptocurrencies compared online 24/7.


Top Brokers offering Forex Market Analysis



Forex Currencies Forecasts



Top 10 Forex Brokers 2018

# Broker Review
1easyMarketseasyMarkets91%
2FXTMFXTM88%
3HYCMHYCM87%
4Alfa-ForexAlfa-Forex86%
5FxProFxPro85%
6FIBO GroupFIBO Group84%
7OctaFXOctaFX83%
8HotForexHotForex82%
9FXCMFXCM80%
10AvaTradeAvaTrade77%
  


Share: