Fewer Economic Details To Track During Holiday Shortened Week

Tháng Mười Một 23, 2017 09:53

Having witnessed magnified market moves due to various eco-politico factors around early-week, Thanksgiving Holiday and dearth of major economics might restrict the trade performance during rest of the week. However, headline Flash PMIs from EU, Germany & US, coupled with UK GDP's second estimate and Canadian Retail Sales, could offer...


FOMC Minutes, UK Budget, US Durable Goods Orders & Much More To Observe

Tháng Mười Một 22, 2017 08:49

Even after witnessing better than forecast Existing Home Sales number and Fed Chair's comments favoring December rate-hike, needless to mention about strong equity market performance, the US Dollar Index (I.USDX) couldn't sustain its earlier gains as President Donald Trump levied extra sanctions on North Korea and its trade partners, including...


Tepid Economic Calendar To Keep Restricting Market Moves

Tháng Mười Một 21, 2017 08:56

If we analyze yesterday's up-move by the US Dollar Index (I.USDX), it can be known that lack of positivity at home isn't an obstacle in case your rivals are suffering too. The same happened with the US Dollar on Monday when collapse of German coalition and ECB President Mario Draghi's...


Another Week With More Of Politics Than Economics

Tháng Mười Một 20, 2017 12:22

While doubts concerning Donald Trump's tax-plan to clear the Senate approval dragged the US Dollar Index (I.USDX) down for consecutive second week, fresh investigations of Russian meddling into 2016 Presidential Election & soft consumer-centric figures offered additional weakness to the greenback. The USD wasn't the only one to bear the...


Draghi’s Testimony To Kick-Start The Week

Tháng Mười Một 20, 2017 08:54

Although US House of Representatives managed to escalate the President's dream tax-plan to the Senate, little acceptance from fellow republicans raised doubts over the future of such proposal during the vote in Senate where Republicans can't risk more than two votes to remain on desk. Additionally, not so strong inflation...