04/ 04/ 2018

Will EU Inflation Support the Euro?

Dollar had a positive Tuesday, with US stocks gaining some ground reversing Monday’s losses. In the data front, German Retail Sales came slightly below market's expectations pushing the Euro further down. Sterling has remained resilient, despite risk assets as inflation concerns and trade war fears continue.

Pressured Euro will look for direction through today’s Euro Zone Inflation and Unemployment rate. Given the soft tone of the Euro, a reading below expected could lead to a bearish breakout. Market will also scrutinize the US data session for further support for Dollar as economy is expected to have added 208K new jobs in March.

03/ 04/ 2018

Markets Back in Action after Easter Holidays

Most markets were closed for Easter holidays on Monday hence there weren’t much excitement to move the markets. US Data releases were mixed and had little impact to support the dollar.

Moving on with the trading after the holidays, Euro zone will have few market moving reports along with UK releasing their Markit Manufacturing data. Markets will also look forward to the speech by FOMC member Neel Kashkari and will scrutinize for his opinion on the rate hike and inflation.

01/ 04/ 2018

Week Ahead | Nonfarm Payrolls back in Play as Trade War Tensions Ease

1st quarter of 2018 was a roller coaster ride for FX markets as volatility remained throughout the quarter with political developments, trade tensions and stock market crashes. Last few weeks has been negative for Greenback, as US Stock markets crash and setback for UBER along with fears over regulatory pressure for Amazon pushed it further down. However, Dollar gained some ground with better than expected GDP on Thursday along with ease of trade tensions between China and US.

This week features, important market movers from USA mainly with the release of Nonfarm payrolls. Markets will also be focusing on UK, as investigations have begun after several news that Brexit campaigners cheated to move the referendum in their favor. Hence an exciting week awaits the FX markets on the start of the second quarter of 2018.

29/ 03/ 2018

Will the Dollar end March on High?

The euro slipped against the dollar on Wednesday as trade war concerns between US and China eased, while better than estimated US economic data accelerated the Greenbacks growth. A number of U.S. economic reports and Fed speaker comments helped move the financial markets yesterday, but most of the focus remained on geopolitical events and the possibility of a trade war between the U.S. and China. Traders were also focusing on the possible easing of tensions between North Korea and the United States.

As the Easter Holiday is almost near, today the forex market economic calendar is very rich with significant economic data related to the economies of Switzerland, Germany, UK, Canada, US and Japan. Due to the importance and number of economic events today the volatility and price action is expected moderate to high, but liquidity is anticipated to decline significantly later on at the close of today’s trading session as tomorrow is Good Friday in several countries.