Fundamental analysis for January 25, 2016

January 25, 2016

The Forex currencies showed an uneven trend, this time focusing not only on investors' sentiment and the commodity segment situation. The ECB meeting and the Mario Draghi's press conference has brought some volatility to the market. The regulator's decision was expected and caused no market reaction (the rate was left unchanged), as opposed to words Draghi, who seems determined to prepare traders for the Central Bank policy revision in March, when the economic forecasts are updated. The ECB President has expressed his concern about the inflation low levels and even noted the threat of consumer prices falling below zero this year. Thus, the bank's promise is clear, and now the market is to price the March monetary policy easing program. By the end of the trades the pair euro/dollar decreased.

The traders' attention was focused on the UK December retail sales. The retail sector growth sales rate made up 4.34% in the first eleven months of 2015. The increase became possible when the labor market showed an upward trend. The UK unemployment rate is now 5.1%, it is the lowest level in 10 years. Although the last year fourth quarter average earnings growth reduced, still it is still higher than a year earlier. The pair pound/dollar slightly decreased after a strong growth.

The United States published the secondary market housing sales report. The Mortgage Bankers Association release pointed to the data output worse than the consensus forecast. The refinancing index fell by 5.06% amid the mortgage rates rising. The December FOMC Meeting raised the discount rate by 0.25% which is reflected in the mortgage market. There was real wages decline in November by 0.1% at the same time. The pair dollar/yen showed a growth.

Publication source
Fort Financial Services information  Fort Financial Services reviews

January 16, 2017
U.S. markets are closed Monday
U.S. markets are closed Monday for Martin Luther King Day. This will be a busy week for traders, with the inauguration of president-elect Trump on Friday headlining...
January 16, 2017
Busy start to the GBP with Carney speech
U.S. markets are closed today on account of Martin Luther King Day. Economic data is quiet ahead of another busy week. The Bank of England Governor, Mark Carney will be speaking later this afternoon and his comments come a day before the British PM Theresa May will be holding her press conference on Brexit...
January 13, 2017
The dollar is trading softer into the London open
Aftershocks from President-elect Trump’s campaign-like press conference, which had weighed on global stock markets and yields started to recede late in the U.S. session and U.S. equities managed to recover part of their losses...

NPBFX Rating
OANDA Rating
Larson&Holz IT Ltd Rating
Grand Capital Rating
 FXTM Rating
FIBO Group Rating

Banc De Binary Rating
Empire Option Rating
365BinaryOption Rating
Grand Option Rating
OptionRally Rating
Binary Brokerz Rating