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Daily Fundamental Analysis

AUD/USD Daily Forecast - 23 February

There were no data release from Australia yesterday. China’s rising power and a resurgent trans-Pacific trade pact will be at the top of the agenda when Australian Prime Minister Malcolm Turnbull and U.S. President Donald Trump meet in Washington this…

EUR/USD Daily Forecast - 22 February

From Eurozone, yesterday, German and French PMI figures were released. French private sector activity slowed but remained solid in February, according to survey data released on Wednesday. The preliminary reading of the Markit services purchasing managers’ index came in at…

GBP/USD Daily Forecast - 22 February

Yesterday's session brought UK job figures. The number of people out of work in Britain rose at the fastest rate in almost five years, official figures showed on Wednesday, fuelled by an increase in unemployment among young people under the…

AUD/USD Daily Forecast - 22 February

From Australia, yesterday, Wage Price Index and Construction Work Done figures were released. The seasonally adjusted Wage Price Index (WPI) rose 0.6 per cent in December quarter 2017 according to figures released today by the Australian Bureau of Statistics (ABS).…

EUR/USD Daily Forecast - 21 February

Yesterday's session brought ZEW Economic Sentiment figures. The ZEW Indicator of Economic Sentiment for Germany recorded a decrease of 2.6 points in February 2018 and currently stands at 17.8 points. The indicator thus still remains slightly below the long-term average…

GBP/USD Daily Forecast - 21 February

From the UK, yesterday, CBI Industrial Orders Expectations figures were released. According to the latest CBI survey 30% of manufacturers reported total order books to be above normal, and 20% said they were below normal, giving a balance of +10%…

AUD/USD Daily Forecast - 21 February

From Australia, yesterday, RBA Meeting Minutes were released.  Early morning session brought RBA Meeting Minutes. Over 2017, progress had been made in reducing the unemployment rate and bringing inflation closer to target. The low level of interest rates was continuing…

EUR/USD Daily Forecast - 20 February

Yesterday, from Eurozone, Current Account figures were released. The current account of the euro area recorded a surplus of €29.9 billion in December 2017. This reflected surpluses for goods (€30.9 billion), services (€7.3 billion) and primary income (€3.7 billion), which…

GBP/USD Daily Forecast - 20 February

There were no major data releases from the UK yesterday. The average price of a UK property coming on to the market has risen by more than £2,400 in a month to just over £300,000 amid evidence of “record” levels…

AUD/USD Daily Forecast - 20 February

There were no major data releases from Australia yesterday. While Australian auction clearance rates appear to be rebounding, led by a noticeable improvement in Sydney, that’s yet to have a meaningful impact on prices which continued to fall last week.…

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