- Monday, 29 January 2018
- Daily Fundamental Analysis
EUR/USD Daily Forecast - 30 January
From Eurozone, yesterday, German Import Prices figures were released. The index of import prices rose by 3.8% on an annual average in 2017 compared with 2016 (2016: –3.1% compared with 2015), as reported by the Federal Statistical Office (Destatis). This was the highest price increase since 2011 (+6.4% compared with 2010). In December 2017 the index of import prices increased by 1.1% compared with the corresponding month of the preceding year. This was the lowest price increase since November 2016 (+0.3% compared with November 2015). In November and in October 2017 the annual rates of change were +2.7% and +2.6%, respectively. From November to December 2017 the index rose by 0.3%.
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- Monday, 29 January 2018
- Daily Fundamental Analysis
GBP/USD Daily Forecast - 30 January
There were no data releases from the UK yesterday, with focus on Brexit developments. The European Union on Monday denied Britain any vote on EU policy issues during its transition out of the bloc and warned London not to fall behind on outstanding divorce matters. Britain is set to leave the EU in March 2019 and the remaining 27 member states have now prepared their joint stance on what they expect of London during a transition period until the end of 2020.
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- Monday, 29 January 2018
- Daily Fundamental Analysis
AUD/USD Daily Forecast - 30 January
There were no data releases from Australia yesterday. Australia said in 2016 it would boost defence spending by A$30 billion by 2021, purchasing frigates, armoured personnel carriers, strike fighter jets, drones and a fleet of new submarines - many of which would be built at home. The defence industry has struggled to obtain finance from traditional lenders that have been unwilling to fund the arms industry, so Australia has created a A$3.8 billion loan scheme for companies seeking finance to export military equipment. Read more...
- Friday, 26 January 2018
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 29 January
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