wrapper

Friday, 26 December 2014
Weekly Fundamental Analysis

GBP/USD Weekly Forecast - 29 December - 02 January

Events that marked the week:

 

It was eventful European part of the Tuesday's session for Sterling, with Current Account, BBA Mortgage Approval san Final GDP data being released. The United Kingdom’s current account deficit was £27.0 billion in Quarter 3 2014, up from a revised deficit of £24.3 billion in Quarter 2 2014. Analysts were expecting decrease to £21 billion deficit. The deficit in Quarter 3 2014 equated to 6.0% of GDP at current market prices, up from 5.5% in Quarter 2 2014.

Read more...
Friday, 26 December 2014
Weekly Fundamental Analysis

AUD/USD Weekly Forecast - 29 December - 02 January

Events that marked the week:

 

There were no major data releases from Australia whole week. Aussie was mostly affected by iron ore and gold prices. This is usually period of year when gold and silver prices are in an uptrend due to Christmas jewelry shopping. On the other hand, iron ore prices are still in decline, with weaker demand coming from China. RBA governor Glenn Stevens stated recently that Australian dollar should fall, or at least that it would be desirable if it fell, to around 75 US cents, so this is adding additional pressure on Aussie.

Read more...
Friday, 26 December 2014
Daily Fundamental Analysis

AUD/USD Daily Forecast - 29 December

There were no data releases from Australia on Friday. Recent Australian economic data was far from positive for Aussie. Consumer and business confidence figures are being mixed, GDP growth in third quarter was much slower than it was expected.

Read more...
Thursday, 25 December 2014
News

Will British pound manage to rebound?

Sterling fell in the course of the session on Tuesday all the way to below 1.55 handle after UK growth was revised down from 3% to 2.6% cent year-on-year in the third quarter. This also points that we could be seeing slower growth in the fourth quarter, which BoE officials have been announcing for some time now. With falling inflation this is just another reason why despite optimistic predications in the middle of the 2014, it is not likely that we are about to witness BoE's rate hike before the second part of 2015. 
Read more...

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.

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.