- Tuesday, 22 December 2015
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 23 December
Tuesday brought German Consumer Climate data. Consumer mood is improving as the end of the year approaches. After four declines in a row, the consumer climate is rising again slightly. The overall indicator is forecasting 9.4 points for January 2016 compared with 9.3 points in December. Analysts were predicting no change.Both economic and income expectations are significantly on the up. Propensity to buy confirms its extremely high level with almost no change. Read more...
- Tuesday, 22 December 2015
- Daily Technical Analysis
EUR/USD Daily Forecast – 23 December
Euro was pushed higher in the course of the yesterday's session, though there were no major data releases. Pair formed support around 1.09 handle, which could hold tomorrow as well. However, pair remain in consolidation between 1.08 and 1.1050 handle so we would not place any larger bids at the moment. As for tomorrow, we would pay attention to US Durable Goods Orders figures.
Read more...- Tuesday, 22 December 2015
- News
German Consumer Climate edged up slightly
- Monday, 21 December 2015
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 22 December
From Eurozone, yesterday, German PPI figures were released. In November 2015 the index of producer prices for industrial products fell by 2.5% compared with the corresponding month of the preceding year. In October 2015 the annual rate of change all over had been –2.3%. Compared with the preceding month the overall index fell by 0.2% in November 2015 (–0.4% in October 2015 and –0.4% in September 2015). This was in line with market forecasts.
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