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  • EUR/USD is trading relatively unchanged in today's session. The pair is now 1.0596 and as it appears market participants are exhausted and will go into the weekend without much harm done today.

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    • Uncertainty in EUR/USD continues to affect the market as the pair is now slightly higher trading at 1.0658 with a high of 1.0685. Market participants expect extreme volatility to continue as we enter into the week.

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      • EUR/USD is trading slightly higher in today's session. The pair is back above the 1.06 mark and it looks it is caught in a range between 1.0660 and 1.0550.

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        • Better than expected US data pushed the price of the EUR/USD below 1.06 again earlier today. The pair is now 1.0580 and it looks like bears are again taking control over the trend.

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          • EUR/USD continues its sideways trading after yesterday's initial dive post-news. The pair reached below 1.0590 and is now back above 1.06 currently at 1.0624. Volatility is expected to remain low as we approach the NFP and Jobs data scheduled for tomorrow morning US time.

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            • Despite the positive US news, the EUR/USD wasn't much affected. The pair remained in pre-data levels gravitating towards 1.0650. Now price is 1.0660 and it seems that it will stay that way until closing. Unemployment to 4.6% is positive with a nice move from 4.9. Here are the news:

              USD Change in Non-farm Payrolls (NOV),
              Actual: 178k
              Expected: 180K
              Previous: 142K

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              • USD/CAD is trading lower in today's session marking a third consecutive day of losses. The pair has been one of the most uncertain instruments to trade this year. Although it did have major swings up and down, since the end of January it depreciated with more than 2000 pips, thus becoming one of the top assets to lose its price in 2016.

                Apart from that, since bottoming out, USD/CAD has been trading sideways making it very difficult for investors and traders to choose a direction and stick with it simply because there is no trend.
                Lately, things haven't been much different. The pair went to a high of 1.3587 on Noe 14 and market multi-month high. After that high, it went as low as 1.3255 in today's session.
                Lack of direction is the reason to be cautious when trading this market as price fluctuates to extreme highs and lows day in and day out.

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                • EUR/USD reached a 20-month low today as the Italian referendum returned a "No" vote. Prime minister Matteo Renzi said he will hand in his resignation tomorrow. The EUR/USD reached a low of 1.0505 and is now trading at 1.0595.

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                  • The euro has strengthened against its counterparts as yesterday's referendum turns out to be favoring the common currency. EUR/USD is now above 1.0750 and it looks like it is bound to go higher. In light of this, Gold price is falling, and the divergence between both is not a good indicator as they usually go in the same direction.

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                    • Euro is taking a beating after the Draghi speech when it became clear that the ECB will continue its easy monetary policy. The pair went from 1.0872 to current market price of 1.0600, which is also the lowest point since the event.

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                      • EUR/USD is trading lower in today's session after yesterday's attempt to push higher. The speech by ECB President Mario Draghi was the catalyst that drove the price down. Currently, EUR/USD is trading at 1.0538.

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                        • Have in mind that the FED meeting on 13-14 Dec will decide whether or not the rates are going up. This would be one of the most anticipated events of the year. Until then the US dollar dominance is expected to continue.

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                          • USD/CAD kept losing gains today as the pair reached a low of 1.3152. Bearish camp has taken control and now next target is 1.31. Main trend on the short term remains bearish, on the long term the latest move is seen as a correction to the upward trend.

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                            • EUR/USD is trading steadily above 1.06 as traders and investors anticipate the last FOMC meeting for the year. On Wednesday it would become clear whether the rates are going up. Market volatility is expected to be high.

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                              • The US dollar has come to a halt due to consolidation ahead of the FOMC Minutes tomorrow. The pair is now 1.0636 and as it appears, it will continue to trade in the range of 1.0670 - 1.0550.

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