Fundamental analysis for December 02, 2015

December 2, 2015

The USA/Germany and the Germany/UK government bond yields did not show any changes in the debt market. The stable debt market indicates the single European currency side trend development. Europe and the US have published a large package of economic statistics. Investors received the manufacturing sector business activity index data in the Eurozone (52,8 that is at the forecasted median), the Germany (52,9 against the forecasted 52,6) the UK (52,7 against the forecasted 53,6) and the US (48,6 against the forecasted 50,5). The Germany employment data attracted the traders’ attention: 6,3% in November against the forecasted 6,4%). The pair EUR/USD showed an increase.

The Bank of England governor Carney made his speech. According to Carney the regulator was ready to ease the pressure on the British banks and to reduce the capital requirements volume, bringing an end to the post-crisis reforms years in order to make the banking sector more secure. By te end of the trades the pair GBP/USD showed a growth.

The dollar index basket is near the current year maximum values. Market participants refrained from active trading and have taken a wait and see position. The manufacturing sector ISM index data output is worse than the forecasted medians that restrained "bulls" from the further attack. The pair USD/JPY was trading in a side corridor.

Publication source
Fort Financial Services information  Fort Financial Services reviews

October 21, 2016
EUR/USD remained unchanged after the ECB
The price maintained its bearish tone on Thursday. The EUR/USD pair stayed around its recent lows during the day. The euro slightly strengthened towards 1.1000 ahead of the US opening. The 50-EMA limited the euro recovery in the 1 hour chart...
October 21, 2016
Decisions on QE Postponed until December
Asian stock markets are narrowly mixed, with Japanese bourses managing marginal gains as the Yen falls against the Dollar. Stock futures in the U.S. are down...
October 21, 2016
EURUSD at $1.09, but declines could be limited
The ECB monetary policy meeting yesterday saw the euro give up its intraday gains to close on a bearish note. As Draghi signaled that the central bank would need time to assess the monetary policy situation...

OANDA Rating
XM Rating
HYCM Rating
Fort Financial Services Rating
OctaFX Rating
FIBO Group Rating

Banc De Binary Rating
Binary Brokerz Rating
Empire Option Rating
OptionBit Rating
TropicalTrade Rating
Porter Finance Rating