TTCM
Tuesday, December 19, 2017 / Published in Forex Daily News
NZD, USD on the move on Tuesday as investors are awaiting more trading impetus from big economic data regarding the housing sector in the US. NZD on the Move New Zealand’s just released its business confidence report, which showed that 37.8% of the country’s businesses felt pessimistic about the near future compared to 39.3% in
TTCM
Friday, December 15, 2017 / Published in Forex Daily News
How could we call it a week without a week end trading outlook on NZD, USD, GBP, and EUR? Here’s how you can chart it up! NZD Week End Trading Outlook The Kiwi added pips today against its greenback counterpart on New Zealand Finance Minister Robertson’s ‘comfortable’ comments to CNBC regarding the pattern followed by NZD: “We want a
TTCM
Wednesday, December 13, 2017 / Published in Forex Daily News
On political turmoil in the United States, the USD retreats from the top region, while crude oil goes up. Traders have witnessed a corrective move in the US dollar, dropping from 3-week tops in the last US session, as soon as the US PPI print came in higher than expected. However, the major sell-off in
TTCM
Tuesday, December 12, 2017 / Published in Forex Daily News
The FOMC meeting and UK’s November CPI figures move the USD and the GBP today. Let’s see what lies ahead. GBP Moved by November CPI According to ING analysts, the UK’s inflation has taken over the GBP’s depreciation, and both core and headline inflation are expected to start following a downtrend through the spring. However, one
TTCM
Friday, December 8, 2017 / Published in Forex Daily News
NFP shakes things up for USD traders. Non-farm employment data beat expectations in certain areas, pushing USD up to fresh tops. Chart Talk The US labour market added 228k new jobs in November, beating the 200k consensus. While this number beat expectations, average hourly earnings came in below the estimated 2.7% at 2.5%. The unemployment rate
TTCM
Friday, December 8, 2017 / Published in Forex Daily News
As the NFP release is getting closer, USD traders are waiting to jump on the charts. GBPUSD seemed to have got into recovery mode on ‘historic Brexit deal’, but the charts show something else. GBPUSD Up to Fresh Tops on Brexit News, NFP on Tap Starting the day at 1.3480 (open), GBPUSD started adding pips,
TTCM
Tuesday, December 5, 2017 / Published in Forex Daily News
Tuesday brings more good news for both bulls and bears. In focus, we have the USD moving up, GBP slipping down and EUR moved by final Eurozone PMIs. USD Updates, EUR Tracks PMIs On Tuesday, the US dollar index, which measures the USD strength against a basket of six major trade-weighted currencies, rose slightly as
TTCM
Friday, December 1, 2017 / Published in Forex Daily News
With PMIs and employment change data on tap, USD and CAD capture the limelight on the first day of the month. PMI releases flood the markets worldwide. In Asia, Japanese PMIs for November showed a boost of the manufacturing activity, with an overseas demand rising to 44-month high in new business growth. Comparatively, in China
TTCM
Tuesday, November 28, 2017 / Published in Forex Daily News
USD, GBP, CAD and NZD big data releases on tap keep traders busy on Tuesday. The US consumer confidence index, GBP inflation hearing and BOC and RBNZ big data turn the wheel of trading. USD in Spotlight USD investors are waiting for some impetus from the US consumer confidence index release due today. Nomura analysts
TTCM
Wednesday, November 22, 2017 / Published in Forex Daily News
With FOMC meeting minutes and crude oil data on tap, traders are wondering what’s in it for USD trading today and the days to come. FOMC Meeting on Tap Awaiting important data releases today, investors are on the back foot and all eyes and ears to the news. Deutsche Bank analysts published a succinct preview