- Monday, 23 November 2015
- News
French Manufacturing PMI at a 19 -month high
- Friday, 20 November 2015
- Daily Technical Analysis
EUR/USD Daily Forecast – 23 November
Euro spent most of the Friday's session in decline going all the way to below 1.0650 area, which is of course a negative sign and a signal that there is plenty of bearish potential in the pair at the moment. As for Monday, main market mover will be on Manufacturing and Services PMI figures.
Read more...- Friday, 20 November 2015
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 23 November
From Eurozone, on Friday, only minor importance German PPI data was released. In October 2015 the index of producer prices for industrial products fell by 2.3% compared with the corresponding month of the preceding year. In September 2015 the annual rate of change all over had been –2.1%. Compared with the preceding month the overall index fell by 0.4% in October 2015. Analysts were anticipating 0.2% decrease.
Read more...- Friday, 20 November 2015
- Weekly Fundamental Analysis
EUR/USD Weekly Forecast – 23 November – 27 November
Events that marked the week:
Monday's session brought Eurozone CPI data. Euro area annual inflation was 0.1% in October 2015, up from -0.1% in September. This was also up from prelim reading that showed no change. In October 2014 the rate was 0.4%. European Union annual inflation was 0.0% in October 2015, up from -0.1% in September. A year earlier the rate was 0.5%. The largest upward impacts to euro area annual inflation came from vegetables (+0.14 percentage points), restaurants & cafés (+0.10 pp) and fruit (+0.07 pp), while fuels for transport (-0.68 pp), heating oil (-0.22 pp) and gas (-0.09 pp) had the biggest downward impacts.
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