Fundamental analysis for September 15, 2015

15 September, 2015

Last week the pair EUR/USD decreased amid the German government bonds yields growth relative to their US counterparts. The European currency continued to strengthen in the pair with the US dollar as investors found no support in the American economic fundamental publication. However the pair decreased by the end of the trades.

During the day the pair GBP/USD was in the flat. The oil prices decline has not allowed the British currency to take advantage from the US consumer confidence weak data.

During the day the pair USD/JPY was trading in the flat amid the quotations moderate decrease in the world leading stock markets. Nevertheless the trades closed with the pair’s decrease.

This week the US Federal Reserve meeting is in the center of our attention. There are concerns about the possible stock market collapse amid the rates increase. The reason for the rate increase can be the core inflation growth from 1.8% y/y to 1.9% y/y which is published on Wednesday. The Fed officials have repeatedly stated that it is not necessary to wait for the exact target of 2.0% to raise interest rates.


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 gained -0.0% and reached $6589.43347679. 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 lost -7.0% and is now at $210.5865433. 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: