FOMC Minutes, UK GDP & EU PMI To Grab Market Attention

Tháng Hai 20, 2017 11:59

With Fed Chair's upbeat Testimony favoring promised rate-hike irrespective of Trump policies, USD buyers were all happy since early last-week. Those Bulls gained additional strength after CPI, housing market figures and manufacturing indices managed to portray rosy picture of world's largest economy and helped US Dollar Index (I.USDX) to post...


Few Important Releases To Propel Forex Moves

Tháng Hai 20, 2017 08:45

With slew of upbeat US data-points, coupled with hawkish comments from Fed policymakers, including Fed Chair, the US Dollar Index (I.USDX) managed to post second consecutive weekly positive closing. However, uncertainty at UK & EU kept favoring safe-havens whereas Chinese figures helped commodity basket to remain a bit strong. Present...


Trump Damaged Global Investor Sentiment

Tháng Hai 17, 2017 08:06

On Thursday, upbeat US data-points, including Jobless Claims, Housing figures and Philly Fed Manufacturing, all failed to provide a positive daily closing to the US Dollar as an unscheduled press conference by US President, Donald Trump, weighed down global investor sentiment. Mr. President's aggressive behavior against media over allegations of...


Fed Chair’s Testimony & Economic Calendar Grabs Attention

Tháng Hai 14, 2017 08:37

Following its first week of gains, the US Dollar Index (I.USDX) managed to extend the upward trajectory on Monday, even without any major economics, as Trump's promise to deliver "phenomenal" tax plan maintained its strength to please greenback traders. The USD Bulls were strong enough to avoid news of resignation...


Retail Sales, CPI, Jobs And Many More To Observe This Week

Tháng Hai 13, 2017 12:23

Even with not too many economic data-points, last week proved to be a good one for USD traders after US President, Donald Trump, finally broke his silence for Tax and spending plan by promising a "Phenomenal" tax structure to come soon. With this, traders who gave up on chances of...