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

January 20, 2017
The dollar has settled moderately lower
Asian stock markets were mixed overnight, after U.S. and European shares closed in the red Thursday. Japan and mainland China bourses managed to move higher (Chinese GDP beat expectations at 6.8%)...
January 20, 2017
A huge disappointment in the UK data
UK retail sales fell most since 2012. We see he fastest pace of decline in almost five years in December. It is due to sales of... pretty much everything from household goods to clothing and food...
January 20, 2017
Trump takes office today. Markets await inauguration speech
Investors await Trump's inauguration and speech due later today as he takes office as the 45th President of the United States. The U.S. dollar was seen giving up some of the gains yesterday with some volatility coming off the EURUSD on the back of the ECB meeting...

 FXTM Rating
XM Rating
Fort Financial Services Rating
Vantage FX Rating
OctaFX Rating
Tickmill Rating

TropicalTrade Rating
Binary.com Rating
Binary Brokerz Rating
99Binary Rating
First Binary Option Service Rating
IQ Option Rating