Reitings: Empty Star Empty Star Empty Star Empty Star Empty Star
Forex Fundamentals W/C 13th April 2015

Biedrs kopš Sep 06, 2013  136 ieraksti Ben Nathan (BenNathanFX) Apr 13 2015 at 14:45
Last Week:

The main event of last week was the FOMC which was less Dovish than expected and left analysts expecting a rate hike this year - this had led to strength on the USD.
Elsewhere we saw some GBP strength in the first 2 thirds of last week following strong GDP figures. On top of this Shells proposed buyout of BP would mean a potential 47 billion pounds hitting the UK economy which is far from being a small deal.

It was however dragged down towards the end of the week following uncertainty around the current elections.

The EUR also struggled as Greece still expect to run out of money before the months end.

This Week:

This week starts the corporate earnings season where we expect to see improvements across the Finance sector following increased mortgage lending. We do expect to see a decline on the S&P500 following decreased oil prices.

Elsewhere we will be listening in to Draghi as he heads up the EUR speech table, and follows up on the first completed QE purchases (60bln). We will be particularly interested to see what his outlook is on the Greek debt crisis.

Also listen out for the Chinese GDP where we expect to see new lows which could push the AUD down in sympathy.

Have a Good week!

(Source/Video Version: )

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Lūdzu ienāciet, lai komentētu.
Rightmove House Price Index (YoY) (1 day)
Do we need BailCoin? FBI refuses to take...(4h 17min ago)
EURUSD 1.14416 GBPUSD 1.27513
USDJPY 110.517 USDCAD 1.30629







Twitter |  Facebook |  Lapas karte  |  Noteikumi  |   Privacy Policy
©2018 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.