Market Info

Forex Major Currencies Outlook (May 6 – May 10)

USD

Core component of FED’s preferred inflation measure, PCE, for the month of March came in at 1.6% y/y vs 1.7% y/y as expected.

Forex Major Currencies Outlook (Apr 29 – May 3)

Japan will be on a 10-day holiday which will lower liquidity in Asian session, thereby increasing chances of sudden volatile market movements, in addition most European markets will be closed on Wednesday due to Labour Day.

Forex Major Currencies Outlook (Apr 22 – Apr 26)

Please note that Monday 22 is Easter Monday, due to the holiday liquidity will be thin and volatile moves are possible.

Forex Major Currencies Outlook (Apr 15 – Apr 19)

Please note that Friday 19 is Good Friday, due to the holiday liquidity will be thin and volatile moves are possible.

Forex Major Currencies Outlook (Apr 8 – Apr 12)

USD

February retail sales came in at -0.2% m/m vs 0.3% m/m as expected. Ex autos category came in at -0.4% m/m vs 0.3% m/m as expected. 

Forex Major Currencies Outlook (Apr 1 – Apr 5)

USD

The US yield curve is inverted and according to the past evidence it points to a recession.

Forex Major Currencies Outlook (Mar 25 – Mar 29)

USD

FED has left the interest rate unchanged as expected.

Forex Major Currencies Outlook (Mar 18 – Mar 22)

USD

Advanced retail sales form the month of January came in 0.2% m/m vs 0% as expected. Ex auto category came in at 0.9% m/m vs 0.3% m/m as expected and control group, which has influence on inflation, came in at 1.1% m/m vs 0.6% m/m as expected.

Forex Major Currencies Outlook (Mar 11 – Mar 15)

USD

ISM Non-Manufacturing index came in at 59.7 vs 57.4 as expected with prior reading showing 56.7. 

Forex Major Currencies Outlook (Mar 4 – Mar 8)

USD

Over the weekend President Trump has opted to postpone a tariff hike on Chinese imports stating that positive progress has been made in on-going negotiations.