Forex Analysis for 3 August 2021
Forex fundamental analysis studies price movements and changes in the exchange rates in the macroeconomic aspect. This analysis is supposed to answer the main question of any trader: which currency pair is worth choosing to trade, particularly from the long-term prospect point of view. The biggest difference between fundamental forex analysis and technical forex analysis is that the first one is based on the following thesis: the prices on fx market are the reflection of supply & demand, which in their turn depend on the fundamental economy factors. Generally the aim of such analysis is to comprehend and estimate the overall state of the global economy as well as to analyze the economy of the country the financial instruments of which you plan to work with.
Yen shines, stock markets erase gains as bond yields slide - Fed Governor Waller opens door for September tapering - RBA sticks to tightening plan despite lockdowns...
3 Aug 2021
USD up from 1-month lows (USDIndex 92.00 from 91.75 Friday) - Chinese & Asian stock markets rise, despite weak Chinese PMI & other Asian data...
2 Aug 2021
Dollar trades quietly as traders brace for nonfarm payrolls week - Wall Street powers higher, oil takes a hit after soft Chinese PMI - ISM manufacturing index...
2 Aug 2021
A sense of positivity is certainly in the air today thanks to dovish comments by the Federal Reserve overnight, the US Senate voting to move ahead on the $1.2...
30 Jul 2021
Market mood sours again as China crackdowns, mixed earnings and Delta fears all weigh; Dollar halts slide but struggles to regain positive footing...
30 Jul 2021
When it comes to reducing/tapering the Fed's QE program, we ask will it be the September or December FOMC meeting or actually does it even matter which of the two?
29 Jul 2021
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Gold price has accelerated its advance and hits fresh weekly highs at $1819, closing in on the critical 200-Daily Moving Average (DMA) at $1821. The dovish Fed...
29 Jul 2021
Fed cites "progress" but still a ways to go; September taper decision seen less likely; Dollar hits 4-week low as easing China panic further adds to downside...
29 Jul 2021
China jitters spread to global equities but rebound may already be underway; US shares slip despite stellar earnings amid China and peak growth concerns...
28 Jul 2021
The Social Media index has been on a tear, with prices now flirting with the 800 mark for the first time in its history!
28 Jul 2021
FOMC statement will be announced at 21:00 MT (GMT+3) on Wednesday, July 27. In the previous article, we have already mentioned the importance of this event...
27 Jul 2021
Wall Street rallies on strong earnings even as US Covid hospitalizations surge - Caution is the order of the day elsewhere as Delta and growth fears linger...
26 Jul 2021
Owning a property is one of those rites of passage in life. It is right up there with learning to drive or throwing away the 'mortar board' after completing a degree...
23 Jul 2021
Private equity firms are more in vogue than ever before. They may not be the height of trendiness in terms of image, however the deluge of investments...
22 Jul 2021
Most Asian markets are modestly in the green overnight after the rebound in stock markets Stateside. The S&P500 enjoyed its best day since March...
22 Jul 2021
Stock markets claw back losses as dip buyers return. Dollar cruises higher with a little help from recovering yields. But commodity currencies remain under pressure...
21 Jul 2021
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Economic slowdown concerns hit stocks, oil gets demolished - Commodity currencies struggle too, dollar and yen shine - But the panic could fade soon, as stimulus hopes return
20 Jul 2021
EUR/USD stays pressured around 1.18 level at the beginning of the Asian session trading today, which is almost the lowest point since early April...
20 Jul 2021
The Gold market on the Daily time frame was in a downward spiral until 29 Jun, when a lower bottom was recorded at 1750.69. A closer look at the Momentum Oscillator...
19 Jul 2021
Wall Street losses persisted through the Friday session, with the major indices all ending lower. Stocks got a brief boost from the stronger US retail sales data, though...
19 Jul 2021
The sense of caution that dominated the bond market recently is now spreading over into stocks and currencies, leaving investors puzzled over what's behind all the gloom...
19 Jul 2021
Gold (XAU/USD) prices print a four-day winning streak to poke the monthly high with $1,830, up 0.05% intraday, amid Friday's Asian session. The yellow metal...
16 Jul 2021
The US dollar is eyeing a strong close to the week; can retail sales ruin its chances?; Other majors flounder, except for kiwi, as strong CPI reinforces RBNZ rate hike bets...
16 Jul 2021
Fed Chair Jerome Powell sought to allay growing worries that the bout of higher inflation is here to stay and that stimulus would have to be dialled back...
15 Jul 2021
Over the last year, Tesla capitalization has grown by more than 700%! However, when you see such explosive growth, you can't help but think about how irrational...
14 Jul 2021
Information from the Office of National Statistics has shown that inflation, a huge bugbear which has raised its head over the past few months, is most certainly...
14 Jul 2021
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Annual inflation in the United States hit a fresh 13-year high of 5.4% in June, surpassing the top estimates and casting doubt on the Fed's narrative that this inflationary...
14 Jul 2021
It's the start of the second quarter earnings season and optimism is running high that the reopening of the US economy will power corporate earnings to new peaks...
13 Jul 2021
Worries that Delta variant is fuelling a new global surge in infections sap sentiment; Dollar halts decline, edges up, while stocks back under pressure...
12 Jul 2021
After returning to 1.1825 and forming a new consolidation range around this level, EURUSD has completed the ascending structure at 1.1860. Possibly...
9 Jul 2021