The euro has tanked in today’s session against most major currencies after this morning’s data. Releases from both the eurozone in general and Germany and France in particular indicated a significant…
Category: Market Analysis
Fundamental Analysis: Franc’s Retreat as SNB Remains Loose
The Swiss franc declined somewhat against most major currencies this morning in the aftermath of the Swiss National Bank’s meeting. The SNB kept its target rate stable as expected, but the…
Fundamental Analysis: Slight Losses for the Dollar ahead of the Fed
The dollar has weakened against most major currencies so far today. The small movement downward by the dollar comes in the runup to the crucial announcement this evening by the Federal…
Fundamental Analysis: Pound Firm after Solid Job Data
The pound has been mostly steady against other major currencies today in the aftermath of better than expected employment data from the UK. This is despite ongoing political chaos over Brexit.…
2019 USD Price Chart: What it Should Be Showing You
The first quarter of 2019 has been volatile for many countries, and the global political fallout has left the currency markets more unpredictable than ever. Despite Trade Wars and Trump, USD…
Fundamental Analysis: Better PPI Boosts the Koruna
The Czech koruna appreciated somewhat this morning against most major currencies. PPI data was the main catalyst of the move gaining strength, but mostly better data from the eurozone last week…
Fundamental Analysis: Sharp Drop by CAD as Oil Retreats
The Canadian dollar has made significant losses in the North American session so far today. Crude oil was the catalyst, having turned suddenly downward from 2019 highs before noon GMT. This…
Safe Haven Currencies 2019
More and more traders are searching for safe haven currencies that can withstand the push and pull of current political winds. USD is perhaps the most popular trading currency in the…
Fundamental Analysis: Yen’s Losses ahead of the BoJ’s Meeting
The yen has made fairly noteworthy losses against most major currencies today in the runup to the Bank of Japan’s decision on rates tomorrow morning. Pressure on the yen has come…
Fundamental Analysis: Ruble Bounces as Oil Gains
The ruble has bounced significantly from last week’s lows since Monday’s opening. Among the main factors behind this are oil’s holding very near 2019 highs and a degree of weakness for…