- Monday, 04 January 2016
- News
Euro supported by better than forecasted PMI data
- Thursday, 31 December 2015
- Daily Technical Analysis
EUR/USD Daily Forecast – 04 January
Though there were no data releases from Eurozone, and US figures came to be weaker than expected, euro was pushed lower in the course of the Thursday's session, as these kind of movements do not come as a surprise in a holiday trading which often leaves only smaller traders to move the markets. With Friday being New Year's Day, trading will continue on Monday. Read more...
- Thursday, 31 December 2015
- Weekly Technical Analysis
EUR/USD Weeky Forecast – 04 January – 08 January
Euro was traded in a tighter range in the course of the last week due to holiday season. However, after pair initially tested 1.10 handle as a resistance, it sharply pulled back and finished the week well below 1.09 handle. This is of course bearish sign, that indicates that pair could be heading towards low of recent consolidation range at 1.08 handle. Next week focus will be on Eurozone CPI data, FOMC Meeting Minutes and NFP report.
Read more...- Thursday, 31 December 2015
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 04 January
There were no data releases from Eurozone on Thursday. Traders who had reversed short bets after the European Central Bank's smaller-than-expected stimulus move early this month may have begun shorting the currency again, given the likelihood that higher rates in the United States will continue to boost the dollar. “It may well be that some investors have started putting back some (euro) short bets on," said Greg Anderson, global head of FX strategy at BMO Capital Markets in New York. "People are expecting yields to be appealing in the United States, and that drives demand for dollar cash."
Read more...- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
Tags
About Us
Forex Web News is part of Rolling Capital Network providing financial consulting.
Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.
Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.
.
All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.
We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.
Menu
Disclaimer
Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.