Fundamental analysis for May 17, 2016

May 17, 2016

The dollar fell on Monday. Earlier it strengthened when the strong US reports (Retail Sales and Consumer Sentiment) lowered investors' concerns about the growth of the economy. The positive statistics also revived expectations that the Federal Reserve may raise the interest rates sooner than expected.

Monday trading was weak with low volatility amid the empty economic calendar. The financial markets in Germany and France did not work celebrating Monday of the Holy Spirit. The UK did not publish any important news either.

On Monday, the yen lost its previous gains against the dollar, falling after the growth in the previous days (due to disappointing Chinese economic reports).

Machine Tool Orders in Japan, the Fed report, Consumer Prices and Industrial Production in the US will be the focus of our attention this week.

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September 26, 2016
Markets will continue to look to Fedspeak
Lots of speeches from all around the globe this week, but focus now turns to the US Presidential election, with all eyes on Monday Trump-Clinton debate (up to 20% of US voters remain undecided)...
September 26, 2016
Dollar Trades Mixed. Draghi's Speech Awaited
The US dollar is trading mixed in early Asian trading as a rather slow day will see speeches from central bank governors including Kuroda, SNBs Jordan and Mario Draghi...
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The dollar has firmer back some following yesterday underperformance
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