- Monday, 06 August 2018
- Daily Fundamental Analysis
EUR/USD Daily Forecast - 6 August
The EUR/USD is trading around the middle of the 1.1500 handle, slightly lower on the day. Markets are reflecting last week's busy events. The euro-zone reported marginally higher inflation but weaker growth than expected. The US continues enjoying a robust labor market even though the jobs report did not impress.
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- Monday, 06 August 2018
- Daily Fundamental Analysis
GBP/USD Daily Forecast - 6 August
The GBP/USD is trading down near half of a percent at 1.2940 against the US Dollar after the UK Trade minister Liam Fox said that a no-deal Brexit has a 60% chance of happening, increasing concerns of a major disruption to the economy and weighing on the Pound.
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- Monday, 06 August 2018
- Daily Fundamental Analysis
AUD/USD Daily Forecast - 6 August
The Australian dollar lost some ground during Asian trading hours, now back near 0.7400 against the greenback. Australia released the July TD Securities inflation figures estimated up 0.1% MoM and steady at 2.0% YoY, providing no support to the Aussie. In the meantime, the dollar retains a positive tone, as the effects of Chinese measures announced early Friday to lift the Yuan begun to fade, while the US employment report, also released at the end of last week, was not enough to take the Fed out of its current path of gradually rising rates.
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- Saturday, 28 July 2018
- Daily Fundamental Analysis
EUR/USD Daily Forecast - 30 July
From Eurozone, on Friday, German Import Prices figures were released. As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 4.8% in June 2018 compared with the corresponding month of the preceding year. In May and in April 2018 the annual rates of change were +3.2% and +0.6%, respectively. From May 2018 to June 2018 the index increased by 0.5%. The index of import prices, excluding crude oil and mineral oil products, increased by 1.9% compared with the level of a year earlier.
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