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Daily Fundamental Analysis

GBP/USD Daily Forecast – 08 September

From the UK, yesterday, house prices figures were published. House prices in the last three months (June-August) were 0.1% higher than in the previous three months (March-May). Price growth, on this measure, has edged up for the first time since…

EUR/USD Daily Forecast – 07 September

From Eurozone, yesterday, German Factory Orders figures were released. Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in July 2017 a seasonally and working-day adjusted 0.7% on the previous month.…

GBP/USD Daily Forecast – 07 September

There were no data releases from the UK yesterday. Britain is considering measures to restrict immigration for all but the highest-skilled EU workers, a leaked government document said, plans some companies called alarming and an opposition lawmaker described as “plainly…

AUD/USD Daily Forecast – 07 September

Yesterday's session was marked by Australian GDP figures. Gross Domestic Product rose by 0.8% on the quarter, and 1.8% on the year. This matched market forecasts but, in the wake of some strong construction and export data for the same…

EUR/USD Daily Forecast – 06 September

Yesterday, from Eurozone, Retail Sales figures were released. In July 2017 compared with June 2017, the seasonally adjusted volume of retail trade fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from…

GBP/USD Daily Forecast – 06 September

From the UK, Services PMI figures were released yesterday. At 53.2 in August, the headline seasonally adjusted IHS Markit/CIPS Services PMI® Business Activity Index registered above the 50.0 nochange value for the thirteenth consecutive month. However, the index dropped from…

AUD/USD Daily Forecast – 06 September

Focus of the ysterday's session was on RBA interest rate decision and the foillowing statement. At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The low level of interest rates is continuing…

EUR/USD Daily Forecast – 05 September

From Eurozone, yesterday, Spanish Unemployment Change and Eurozone PPI figures were released.  The number of unemployed registered in the offices of the Public Employment Service (SEPE) has increased in August by 46,400 people in relation to the previous month. In…

GBP/USD Daily Forecast – 05 September

Yesterday's session brougt UK Construction PMI figures. August survey data indicated that the UK construction sector continued to experience a slowdown this summer. Reduced levels of commercial work were a key source of weakness, which offset robust growth in residential…

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