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Daily Fundamental Analysis

EUR/USD Daily Forecast – 15 November

Yesterday's sesion was marked by ZEW Economic Sentiment figures. The ZEW Indicator of Economic Sentiment for Germany in November 2017 has once again improved on the result from the previous month. The indicator currently stands at 18.7 points, which corresponds…

GBP/USD Daily Forecast – 15 November

Yesterday's session brought UK CPI and PPI figures. The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.8% in October 2017, unchanged from September 2017. The inflation rate for food and non-alcoholic beverages continued to…

AUD/USD Daily Forecast – 15 November

From Australia, yesterday, NAB Business Confidence data was published. The October reading for NAB’s monthly business survey has the business conditions index rising to an all-time high of +21. That’s a jump of 7 points from September, and marks the…

EUR/USD Daily Forecast – 13 November

From Eurozone, on Friday, French Industrial Production data was published. In September 2017, output bounced back slightly in the manufacturing industry (+0.4% after −0.3% in August) and in the whole industry (+0.6% after −0.2%). Over the third quarter of 2017,…

GBP/USD Daily Forecast – 13 November

Focus of the Friday's session was on UK Industrial Production data. In September 2017, total production was estimated to have increased by 0.7% compared with August 2017, due mainly to a rise of 0.7% in manufacturing, with the largest upward…

AUD/USD Daily Forecast – 13 November

Friday brought RBA Monetary Policy Statement. The Reserve Bank of Australia (RBA) has just released its latest quarterly Statement on Monetary Policy (SoMP), including updated projections on GDP growth, inflation and unemployment over the next few years. The most noticeable…

EUR/USD Daily Forecast – 10 November

Yesterday, from the Eurozone, German Trade Balance figures were released. Germany exported goods to the value of 110.4 billion euros and imported goods to the value of 86.3 billion euros in September 2017. Based on provisional data, the Federal Statistical…

GBP/USD Daily Forecast – 10 November

Yesterday, RICS published their house price survey. The UK housing market continued to "stutter" in October with demand from buyers and agreed sales declining further, while price falls are now widely-reported in London, according to RICS' monthly UK residential market…

AUD/USD Daily Forecast – 10 November

There were no major data releases from Australia yesterday, but from China CPI and PPI figures were published.  China’s consumer inflation rate accelerated to 1.9 percent in October from a year earlier, beating market expectations, the National Bureau of Statistics…

EUR/USD Daily Forecast – 09 November

From Eurozone, yesterday, French Trade Balance figures were released. France's trade deficit widened in September to stand at 4.7 billion euros ($5.45 billion) from 4.2 billion in the previous month, the custom's office said on Wednesday, as imports outpaced exports…

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