Fundamental Analysis

The high level of trepidation continues to weigh on market sentiments as congressional hearing of White house advisors all but guarantees some headline risk and a possible escalation of the Russia- Ga...
Fundamental Analysis

Today's pullback in home sales is disappointing, but not entirely unwarranted given that contract signing (pending home sales) had declined for three consecutive months through May. On a trend basis, ...
Fundamental Analysis

We expect the Fed to maintain the Fed funds target range at 1.00-1.25% at this week's meeting, in line with consensus and market pricing. As it is one of the small meetings, all eyes are on the statem...
Fundamental Analysis

USD/JPY has ticked lower in Monday trading. In the North American session, the pair is trading slightly below the 109 line. On the release front, Japanese Flash Manufacturing ticked higher to 52.2, ab...
Fundamental Analysis

Today, the dominant FX trends that ruled trading halted. The decline of the dollar slowed and so did the rise of the euro. The pause in the euro rally was 'justified' by softer than expected EMU PMI's...
Fundamental Analysis

European indices are selling off again, not only due to the prospects of invevitable QE tapering from the ECB, but also due to ongoing declines Europe's auto sector due to allegations of price collusi...
Fundamental Analysis

The Eurozone flash PMIs released this morning were mostly weaker than expected. Yet there was little reaction in the EUR/USD, which actually started to come off the lows having started the day on back...
Fundamental Analysis

The Canadian Dollar advanced against the Greenback as Friday's retail sales report showed better-than-expected figures. Following the data release, the USD/CAD currency pair marked a sharp decline, fa...
Fundamental Analysis

Global equities trade mixed while the yen (¥110.78) climbs for a fifth consecutive session at the start of a week packed with more earnings results and a FOMC interest-rate decision. Oil prices remai...
Fundamental Analysis

US futures are pointing to a slightly softer open on Monday, tracking similar moves in Europe, as traders look ahead to a busy week on the corporate calendar with a large number of companies reporting...
Fundamental Analysis

The Japanese has been rally strongly over the last two weeks as investors continued to discount the Fed's hawkish stance. USD/JPY broke the 111 support (psychological level and Fibonacci 61.8% on June...