Core CPI to Increase While Headline Prices Expected to Remain Stagnant The NFP released last week showed that the U.S gained just 103k jobs last month, a figure that was below expectation. The greenback, however,…
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Forex Weekly Outlook: U.S Core CPI Expected to Rise By 0.2%
NFP The Lowest In Six Months as Loonie Takes Advantage of Oil Prices Increase
NFP the Lowest In Six Months The Non-farm payroll recorded last month was the lowest in six months, with the construction and retail sectors shedding jobs. Wage gains, however, went up as an indication of…
Forex Weekly Outlook: NFP Report Highlight of The Week
NFP To Set The Tone This Week In the first quarter of 2018, the greenback was able to regain some lost ground. The question by traders now is if the USD recovery is going to last…
Loonie Tumbles as Canada Releases Weak GDP Report
Negative GDP Causes Loonie to Plunge The Canadian dollar fell against most of its competitors as Canada released a GDP fall of 0.1% for January as housing sales drop. Tuesday: Aussie Tumbles As Trade War…
Forex Weekly Outlook: Trade Fears Ahead of Good Friday
Final US GDP to Be Released Ahead of Good Friday Ahead of Good Friday and Easter, politics is set to majorly influence the movement of currencies while we also have the final US, UK, and…
Greenback Fails to Impress as Dot Plot Brings No Changes
Dot Plot Fails To Bring Any Changes The Greenback started the week on a high note but dropped due to the disappointing dot plot. The FOMC “dot plot,” is part of the Fed’s Summary of Economic…
Forex Weekly Outlook: All Eyes On Fed Decision
Fed Decision Conference Highlight of the Week The Fed decision and the first press conference by new Fed chair Jerome Powell will head the events of the week. It is expected that the issue of…
JPY and CHF Take Advantage of Trade War Jitters
Trade War, White House Drama The British Pound and the Japanese Yen post strong wins this week as the White House drama and a couple of mixed data affected the USD dollar growth. Tuesday 13th…
Greenback and Comdolls to Gain from Strong NFP Report
Greenback and Comdolls Strengthen The NFP data released on Friday was crucial in aiding the greenback record gains last week. That report hasn’t had any effect on the currency so far today as EUR/USD and…
USD And CAD Affected As Trade Tariff Talks Continue
The Greenback and the Loonie recorded some losses this week as the issue of trade tariff talks between the two countries and Mexico continues. Monday 5th March: Trade Tariff Talks Affect Loonie Despite Oil Price…