- Tuesday, 01 December 2015
- News
Euro higher after positive PMI figures
- Monday, 30 November 2015
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 01 December
Monday was marked by German Retail Sales and CPI data. According to provisional results of the Federal Statistical Office (Destatis), retail turnover in October 2015 in Germany increased 2.1% in real terms and 2.4% in nominal terms compared with the corresponding month of the previous year. The number of days open for sale was 26 in October 2015 and 26 in October 2014, too. When adjusted for calendar and seasonal variations, the October turnover was in real terms 0.4% smaller and in nominal terms equal to that (0.0%) in September 2015. Analysts were forecasting 0.3% increase.
Read more...- Monday, 30 November 2015
- Daily Technical Analysis
EUR/USD Daily Forecast – 01 December
Euro was pushed lower in the course of the yesterday's session, testing 1.0560 area as a support. This level has been supportive for quite some time now, but it seems that there is plenty of bearish potential at the moment and that pair is heading towards 1.05 handle.
Read more...- Monday, 30 November 2015
- News
German Retail Sales down by 0.4%
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