Key risk events today: China CPI y/y and PPI y/y; US CPI m/m and Core CPI m/m. (Previous analysis as well as outside sources – italics). EUR/USD: EUR/USD accelerated to the upside Thursday, guided by the US dollar index abandoning its 100.00 handle on the back of another record rise in the number of US … Continue reading Friday 10th April: Technical Outlook and Review
Key risk events today: UK GDP m/m; OPEC Meetings; ECB Monetary Policy Meeting Accounts; Canada Employment Change and Unemployment Rate; US Unemployment Claims; US Core PPI m/m and PPI m/m; Fed Chair Powell Speaks; US Prelim UoM Consumer Sentiment. (Previous analysis as well as outside sources – italics). EUR/USD: After failing to preserve an upside … Continue reading Thursday 9th April: DXY Modestly Higher Ahead of US Unemployment Data
Dear Trader,
Please find our Updated trading schedule and general information for the Easter Holidays starting Friday, 10th April 2020 below. All times mentioned below are Platform time (GMT +3).
Key risk events today: FOMC Meeting Minutes. (Previous analysis as well as outside sources – italics). EUR/USD: EUR/USD bulls outperformed Tuesday, reclaiming 1.08 status in early trade and shaking hands with 1.09 into US hours. The US dollar index, or DXY, snapped a four-day bullish phase (EUR/USD snapped a six-day bearish run), drawing the US … Continue reading Wednesday 8th April: Technical Outlook and Review
Key risk events today: Australia Trade Balance; RBA Cash Rate and Rate Statement. (Previous analysis as well as outside sources – italics). EUR/USD: Monday put out a somewhat subdued session, with buyers/sellers feasting on sell-stop liquidity a touch beneath the 1.08 handle while simultaneously establishing minor support off the 161.8% H4 Fibonacci extension point at … Continue reading Tuesday 7th April: DXY Eyes 101.00 After Fourth Successive Daily Gain
