Fundamental Analysis

Today, EUR/USD and USD/JPY initially didn't find a clear trend even as EMU confidence data were very strong. Early in USD dealings, European yields jumped higher again. EUR/USD came within reach of th...
Fundamental Analysis

Following last week's relatively heavy losses, crude prices rallied yesterday and both oil contracts were sharply higher again today with Brent trading around $49.50 and WTI almost at $48.20 at the ti...
Fundamental Analysis

Monday's Markit survey showed that the preliminary PMIs for the US manufacturing and services sectors almost matched analysts' forecasts and had little initial impact on the USD/JPY currency pair. Jus...
Fundamental Analysis

Markit's report on the Manufacturing PMI for the Euro zone came in slightly weaker than anticipated in July and had a small impact on the EUR/USD exchange rate. As soon as the release was published, t...
Fundamental Analysis

The mighty U.S dollar is looking for conviction and that is not expected to come ahead of tomorrows FOMC rate decision (2:00 pm EDT). The markets this week are moving to the beat of company- and indus...
Fundamental Analysis

Conflicting forces await AUD tomorrow which could instil volatility back into AUD crosses. On one hand, any sign of a pick-up of inflation could get hawks and bulls into a frenzy as AUD traders gun fo...
Fundamental Analysis

Markets were focused on Washington D.C., where Jared Kushner answered questions before a Senate Committee on his dealings with Russian contacts during his father-in-law’s Presidential Campaign. Kush...