Fundamental analysis for September 01, 2015

September 1, 2015

The demand for the US dollar has been returning to the high levels amid the concerns about the further global economy reducing prospects. Another factor that supported the US dollar was a political component, mentioned in the Fed top management speech at the Jackson Hole symposium.

The US currency finished the trades in the "red zone" - the dollar index basket closed the trades at the mark of 96.15. Traders continued to win back the US GDP strong data for the second quarter. The US two-year Treasury bond yields, reflecting the Fed rate expectations, fell to the level of 0.724%. Financial markets are beginning to "lay" the FOMC monetary policy tightening. The US GDP growth high rate indicates that it is unlikely to be the China strong economic slowdown. As the risks can be leveled, the US Federal Reserve can raise interest rates.

As a result, the EUR/USD pair finished the trading day with a decrease, the pair GBP/USD had declined as well and the USD/JPY had increased.

Publication source
Fort Financial Services information  Fort Financial Services reviews

January 20, 2017
The dollar has settled moderately lower
Asian stock markets were mixed overnight, after U.S. and European shares closed in the red Thursday. Japan and mainland China bourses managed to move higher (Chinese GDP beat expectations at 6.8%)...
January 20, 2017
A huge disappointment in the UK data
UK retail sales fell most since 2012. We see he fastest pace of decline in almost five years in December. It is due to sales of... pretty much everything from household goods to clothing and food...
January 20, 2017
Trump takes office today. Markets await inauguration speech
Investors await Trump's inauguration and speech due later today as he takes office as the 45th President of the United States. The U.S. dollar was seen giving up some of the gains yesterday with some volatility coming off the EURUSD on the back of the ECB meeting...

FBS Rating
Fort Financial Services Rating
Grand Capital Rating
FOREX.com Rating
Z.com Trade Rating
FIBO Group Rating

TropicalTrade Rating
99Binary Rating
GTOptions Rating
Binary.com Rating
Porter Finance Rating
First Binary Option Service Rating