Fundamental analysis for 27.10.2015

October 27, 2015

The euro is recovering after the Friday's decrease. The European stock markets decrease supports the single currency, which, however, is of corrective nature. In general, the euro is under pressure amid the weak IFO survey. The pair EUR/USD is trying to recover after the last week decrease, the decrease was triggered by the Draghi's statement.

The pair GBP/USD is trading in the quite narrow range near the important support. The October British Industry Confederation report can become a catalyst for a further movement. The report was expected with decline -8, but in fact, it turned out -18.

The yen increased, having corrected its losses against the dollar. The Bank of Japan representative Hamada said that as long as the Fed rate hike expectations put pressure on the yen, the Bank of Japan did not need the further monetary policy easing.

Publication source
Fort Financial Services information  Fort Financial Services reviews

January 19, 2017
GBPUSD Retreats Post Surge on Theresa May’s Hard Brexit Speech
Trump stated on Tuesday that a strong dollar is risky to the US economy, as it weakens competitiveness of US exports and corporate profits...
January 19, 2017
Greenback pares losses on hawkish Yellen
The U.S. dollar did an about turn yesterday after the Fed Chair; Janet Yellen said that the prospects for further rate hikes increased with the economy near its maximum employment and inflation moving towards the Fed's 2% goal...
January 18, 2017
Stock markets continued to stabilise
German HICP confirmed at 1.7% y/y, as expected, with prices up 1.0% m/m. The sharp acceleration from just 0.7% y/y in November was mainly due to base effects from lower energy prices and the breakdown showed that prices for heating oil jumped 21.9% y/y in December...

FxPro Rating
OANDA Rating
Larson&Holz IT Ltd Rating Trade Rating
XM Rating
Tickmill Rating

OptionBit Rating
Banc De Binary Rating
OptionTrade Rating
TopOption Rating
Beeoptions Rating
24option Rating