Fundamental analysis for March 21, 2016

March 21, 2016

The market is still volatile after the Fed meeting, where the regulator corrected his plans and announced two rates hikes instead of four. Despite the "risk appetite" growth, the euro enjoyed steady demand as a funding currency. The market has completely ignored this factor, which indicated the presence of strong buyers. The dynamics of the debt market showed mixed trends: the 10-year government bonds yield in Germany grew in relation to their counterparts in the UK, but reduced to US Treasuries. The trades on the pair euro/dollar closed with a decrease.

The UK did not publish important macroeconomic statistics. We believe that investors will focus their attention on the dynamics of the oil market. Black gold fell by 3%, updating the maximum of the last trading week. Demand for oil impacted the pair GBP/USD in a traditional positive way. The pair pound/dollar increased.

The pair USD/JPY set a fresh low for the last 14 months. Such a strengthening of the yen may not please the monetary authorities of Japan, as this strengthening is a threat to exporters. The United States published consumer confidence from the University of Michigan: 91,7 against the forecasted 92,1. By the end of the trades the pair dollar/yen increased.

Publication source
Fort Financial Services information  Fort Financial Services reviews

December 9, 2016
Euro slips as ECB extends QE by 9-months
The single currency was weaker after the European Central Bank decided yesterday that it would continue with its bond purchases program. The ECB extended its QE plans from March 2017 to the end of the year...
December 9, 2016
The global stock market rally
The global stock market rally, which was underpinned by further ECB stimulus measures yesterday and a rise in oil prices, continued in Asia overnight, with most markets moving higher...
December 9, 2016
Markets throw caution to the wind
Markets have thrown caution to the wind when it comes to movements as of late as once again US equities set the scene with another stellar rise, though not as big as yesterdays...

Trade360 Rating
Z.com Trade Rating
OANDA Rating
FxPro Rating
HotForex Rating
Tickmill Rating

OptionBit Rating
IQ Option Rating
TropicalTrade Rating
TopOption Rating
EZTrader Rating
365BinaryOption Rating