Fundamental analysis for July 10, 2015

July 10, 2015

Yesterday the pair EUR/USD grew amid the Greece government statement that Athens wish to remain in the Eurozone. It was noted that Athens promised to implement measures in the field of taxes and pensions at the beginning of the next week. The Old World banking sector was among the growth leaders that indicated the financial risks "degree" decline. However the pair fell by the end of the trades.

By the end of the day the pair GBP/USD had again decreased. The British pound is still under pressure amid the bearish trend in the "black gold" market.

The pair USD/JPY was growing but it decreased by the end of the day amid the Chinese stock market panic sales which spilled over into the rest of the Asian equity markets. Investors went into "safe assets" which has traditionally been the Japanese yen.

There was the US Department Energy release published that indicates the oil and oil products increase which will contribute to partial short positions profit taking in the "black gold" market.

The unemployed number for the first time has risen from 282,000 to 297,000, the forecast was 275,000 according to the published US release.

Publication source
Fort Financial Services information  Fort Financial Services reviews

February 20, 2017
U.S. dollar attempts to post a recovery amid a slow trading day
The U.S. dollar is attempting to post some gains to build up from Friday's reversal. Price action has formed an inside bar among EURUSD and USDJPY which could indicate a potential breakout trading that could establish the near-term direction of prices...
February 20, 2017
FOMC & RBA February meeting minutes, key data in focus
In the US, the Fed will release the minutes of its February meeting. Markets will probably focus on any signals regarding the timing of the next rate hike...
February 20, 2017
EURUSD is having difficulties to go any higher
The dollar fell on Friday amid a light market due to US President's Day. Investors are monitoring the US political situation and waiting for a decision on financial aid to Greece...

OANDA Rating
XM Rating
Grand Capital Rating
Fort Financial Services Rating
Orbex Rating
OctaFX Rating

Migesco Rating
99Binary Rating
OptionTrade Rating
Empire Option Rating Rating
OptionBit Rating