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EURUSD - Fundamental and Technical overview
EURO slowly raising, how far?Euro regained above 1.2200 and touched the daily high at 1.2228 against USD. Today Euro had three jumps in Asian, European, and North American opening hours, while today, Germany, Switzerland, and some other European coun...
US PMI data and latest updates
USD Index weekly previewLast week ended with a sharp gain in the U.S. PMI data, and the Us dollar was strongly supported.Last Friday, the U.S. Markit`s initial Manufacturing and Service PMI both hit record highs. Manufacturing PMI printed 61.5 (expec...
Weekly outlook, 24-28 May
GDP numbers should clear the pathThe market still worries about the inflation rise and the possibility of stricter policies, while FED still emphasizes that they will keep their accommodative policies. However, we have to wait and see the GDP numbers...
Market Update, May 21
Economic Calendar in the spotlightCeasefire in the Middle East between Israel and Palestinians, while there is positive news from Iran deal talks in Vienna and stable movements back to the Crypto market, created a Risk-on mood. Later today, we will h...
Jobless claims and Philly Fed fall
Market Update, May 20US weekly initial jobless claims fall more than expected. According to US labor data, the number of the workforce filing initial claims for jobless benefits fell to 444,000, from a total of 478,000 of week ago. This new record lo...