Forex.ee: Daily economic news digest | Page 27 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Historical News data and news trading 5 replies

European News vs US News 6 replies

The Digest 29 replies

W.D. Gann Article - From 1909 Issue of The Ticker & Investment Digest 1 reply

Attachments: Forex.ee: Daily economic news digest
Exit Attachments

Forex.ee: Daily economic news digest

  • #521
  • Jan 16, 2018 5:54am Jan 16, 2018 5:54am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Tuesday, January 16th

The EUR/USD pair was consolidating its positions during Asia in the region of its 3-year highs, marked at 1.2297 spot on Monday, in wake of minor attempts of the US dollar to recover its positions across the market. The latest downside rally of the US dollar could be mainly explained by recent market trend, based on speculations regarding potential convergence between monetary policies of the Fed and major central banks. Adding to this, seems that the market is still digesting potential change of forward guidance, which was mentioned in the ECB minutes last week, that supports the euro across the market lately. Looking ahead, today the economic calendar won’t offer investors anything important, leaving the pair at the mercy of broad market trend during this trading session.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-18.jpg Size: 210 KB
  • #522
  • Jan 17, 2018 5:24am Jan 17, 2018 5:24am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, January 17th

The EUR/USD pair followed today a broad market trend and refreshed its 3-year highs at 1.2323 spot during the Asian session. However, the pair failed to keep its positive trend and retreated for more than a cent to the region of 1.2200, as the US dollar does not give up on attempts to recover its positions against its major rivals. Moreover, today the market digests negative news from German political field, where leaders of key parties failed to form a ruling coalition that in turn weighed the common currency across the market. Moreover, downside correction of the pair could be additionally explained by recalibration of positions ahead of the important EU inflation report, which will be able to bring notable impetus to the pair during the European trading session. Besides the EU CPI data, nothing important is scheduled in the data calendar for today, so only the US dollar price dynamics will help the pair to form its trajectory during the NA session.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-19.jpg Size: 300 KB
  • #523
  • Jan 18, 2018 5:51am Jan 18, 2018 5:51am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, January 18th

The EUR/USD pair extends its rebound from weekly lows, marked earlier this session at 1.2165 spot, and has climbed above the level of 1.22. Yesterday the pair again refreshed its 3-year highs on the level of 1.2323, however, having failed to keep its positive tone and dropped for more than a cent in wake of attempts of the US dollar to recover its positions across the market. Moreover, neutral EU inflation data, seen yesterday, also failed to cheer up European bulls. On the other hand, the pair managed to regain its mildly bullish tone as ongoing speculations regarding convergence between monetary policies of the Fed and other major central banks are still weighing the greenback. On the data front, today the European economic calendar won’t offer investors anything noteworthy, while the US will release a slew of important reports during the NA session.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-20.jpg Size: 200 KB
  • #524
  • Jan 19, 2018 4:45am Jan 19, 2018 4:45am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, January 19th

The EUR/USD pair extends its rebound from weekly lows, marked at 1.2165 spot a day before, on the back of renewed sell-off of the greenback. Recent weakness of the US dollar is mainly explained by new-fashioned market trend, caused by speculations that the Federal Reserve no longer the only central bank, which intends to raise its interest rate. However, further growth of the pair looks capped, as investors start gradually to shift their attention to the ECB interest rate decision, which is scheduled for next week. Expected that the regulator will keep its rate unchanged, while any dovish comments from the ECB President M.Draghi will notably weight on the common currency. Looking ahead, today we will have another quiet session, as both economic calendars won’t bring us anything noteworthy, so broad market trend will remain the key determinant for the pair at the end of this week.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-21.jpg Size: 144 KB
  • #525
  • Jan 22, 2018 5:40am Jan 22, 2018 5:40am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Monday, January 22nd

The EUR/USD pair witnessed a bullish opening gap, however, failing to extend its upside trend, on the back of attempts of the US dollar to correct higher across the market. Today returned bid tone around the greenback remains the key theme of the market, which is forcing major currencies to step lower against USD. Moreover, ongoing political drama in Germany, where heads of the key parties are still struggling to from a ruling coalition, also weighs on the common currency lately. Adding to this, further sharp moves of the pair remain capped, as investors gradually shift their attention to one of the key events of this week – ECB interest rate decision, which is scheduled for this Thursday. The key issue for speculations across the market remains whether the ECB will provide any fresh information about its QE program. Looking ahead, nothing interesting is scheduled in economic calendar for this Monday, so further US dollar price moves will determine pair’s direction during this trading session.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-22.jpg Size: 152 KB
  • #526
  • Jan 23, 2018 5:55am Jan 23, 2018 5:55am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Tuesday, January 23rd

The EUR/USD pair followed broad market trend, having eased the most part of its yesterday’s gains during Asia. The key reason of pair’s recent drawdown remains renewed demand for the US dollar due to the end of recent drama on the political field of the US, backed by shutdown of the US government. However, further sharp moves of the pair remain capped, as we are getting closer to ECB policy decision, which is scheduled for Thursday. Investors are awaiting for fresh comments regarding changes in forward guidance, which could be implemented early in 2018, as was indicated in the last ECB minutes. Now all traders’ attention shifts toward the German ZEW economic sentiment, however, it will remain the only important data release for today, so USD price dynamics will continue to determine pair’s further direction during this trading session.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-01.jpg Size: 235 KB
  • #527
  • Jan 24, 2018 5:38am Jan 24, 2018 5:38am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, January 24th

The EUR/USD pair shows positive dynamics on Wednesday, having refreshed its multiyear highs at 1.2335 this morning, as US bears the market. The latest weakness of the US dollar is mainly attributed to recent news headlines, saying that the US imposed sanctions on Chinese solar panels and washing machines, while blaming Chine of artificially low-priced export of the technology. Adding to this, ongoing market trend, caused by speculations about convergence between policies of the Fed and major CBs, has additionally gathered pace in wake of upcoming the ECB meeting that in turn is another negative factor for the greenback. Investors are hoping that the EU regulator will provide fresh information about Bank’s further guidance, which was mentioned in the last ECB protocols. And finally, yesterday’s positive EU and German ZEW surveys also offered some support to the common currency, thus accelerating pair’s upside trend. Today all traders’ attention will remain focused on the data from the US housing market, while expected that the weakness of the US dollar will continue to dominate the market during this trading session.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-02.jpg Size: 315 KB
  • #528
  • Jan 26, 2018 6:09am Jan 26, 2018 6:09am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, January 26th

The EUR/USD pair remains optimistic at the end of this week after volatile session, witnessed a day before. Yesterday, as it was widely expected the ECB kept its interest rate unchanged at 0% level, however, hawkish comments of the ECB President M.Draghi exerted notable support to the common currency. During the accompanying press conference, the head of the CB noted the acceleration of economic growth and positive dynamics of inflation, which moves towards its target level, as indicated by recent economic data. However, Mr. Draghi expressed some concerns regarding higher volatility on the FX-market, which can cause additional uncertainty in economic stability. Talking about rates and further changes in policy of the Bank, the head of the regulator stressed that current level of interest rate will remain unchanged for an extended period, while upcoming changes in forward guidance are still in the very early stage and need to be discussed. However, the pair lost its positive traction and eased some of its previous gains, following comments of the US President, who said that he wants to see a stronger dollar and recent comments of Treasury Secretary S.Mnuchin were misinterpreted. On the other hand, it seems that the downside momentum appeared short-lived and the pair regained a positive tone, having recovered the most part of its recent losses. Looking ahead, today the EU economic calendar will remain relatively silent, while the US will bring bloc of important data releases during the NA session, which will help the pair to form its further short-term trajectory.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-04.jpg Size: 277 KB
  • #529
  • Jan 29, 2018 6:07am Jan 29, 2018 6:07am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Monday, January 29th

The EUR/USD pair started this week with a negative tone on the back of recovery of the US dollar against its major rivals. The pair extends its retreat from 3-year highs, marked last week at 1.2537 spot, as US bulls are trying to regain control over the market. Recall that last week the US dollar came under strong selling pressure, following the comments of US Treasury Secretary S.Mnuchin, who said that weaker USD is good for trade purposes. However, the greenback managed to regain a bid tone on the back of comments of the US President D.Trump, who stated that he wants to see stronger dollar and recent comments of Mr. Mnuchin were misinterpreted, as were taken out of context. On the other hand, ECB’s optimistic assessment of the EU economic growth, announced during the ECB meeting, which took place last Thursday, is still exerting support to the common currency, thus limiting pair’s further retreat. On the data front, today both economic calendars will keep silence, so broad market sentiments will continue to navigate the pair during this trading session.


Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-05.jpg Size: 187 KB
  • #530
  • Jan 30, 2018 6:11am Jan 30, 2018 6:11am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Tuesday, January 30th

The EUR/USD pair remains bearish for the second session in a row, retreating from its 3-year highs, marked on the level of 1.2537 last week, as the US dollar extends its upside correction. Seems that the greenback has finally found a support and managed to recover part of its previous losses, backed by dovish comments of US Treasury Secretary S.Mnuchin. However, further downside correction of the pair looks limited, as we are heading towards much important events of this week – FOMC meeting and NFP that brings some cautiousness among market participants. On the data front, today the EU data calendar won’t offer us anything noteworthy, while the US will release CB consumer confidence, but it is expected that the US data will not cause a significant reaction across the market, as traders are preparing for more important events of this week.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-06.jpg Size: 271 KB
  • #531
  • Jan 31, 2018 6:14am Jan 31, 2018 6:14am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, January 31st

The EUR/USD pair follows broad market trend, having regained its positive traction after its recent retracement. Today, the key navigator across the market remains renewed softness of the US dollar, which failed to benefit from US President D.Trump’s “State of the Union” speech, where the head of state highlighted the need for reciprocal trade agreements and reiterated his commitment to renegotiate “bad deals”. Moreover, it seems that the market payed a little of attention to yesterday’s US CB consumer confidence data, which also failed to provide the US dollar with enough momentum to recover its bullish trend. Today, investors will not stay bored, as we have plenty of important events, which will help the pair to form its further trajectory. Speaking of today’s events, later the EU will publish preliminary CPI report, the US will release ADP jobs data, which is often considered as pre-NFP data, and the key event of this Wednesday will be much-awaited FOMC meeting, which hopefully will provide fresh information regarding further Fed monetary policy path.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-07.jpg Size: 327 KB
  • #532
  • Feb 1, 2018 5:51am Feb 1, 2018 5:51am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, February 1st

The EUR/USD pair was trading under bearish pressure during the Asian session on the back of hawkish rhetoric, sounded at the last FOMC meeting presided by Janet Yellen. As it was widely expected, the Fed left its interest rate unchanged at the 1.5% level. However, the regulator showed some confidence about its inflation outlook, expecting that the inflation will show upbeat results this year. Moreover, the Fed remained determined to raise its interest rates in case if the growth of the US economy will continue to gather pace, thus leaving the door open for a possible interest rate hike in March. However, it is not yet clear whether the regulator will adhere to a more aggressive monetary policy tightening path and will deliver three interest rate hikes this year or we will see more gradual measures of tightening. Looking ahead, today both economic calendars contain manufacturing PMI reports, which will bring fresh trading opportunities during this session, while markets have already started to shift their attention towards the NFP report, which will be released at the end of this week.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-08.jpg Size: 304 KB
  • #533
  • Feb 2, 2018 5:48am Feb 2, 2018 5:48am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, February 2nd

The EUR/USD pair keeps its bid tone at the end of this week, staying in the region of multiyear highs near the level of 1.2500. Recent upbeat tone around the euro was sparked by talks of ECB officials that the regulator could consider ending its QE program. Moreover, weakness of the US dollar, seen during this week, despite slightly hawkish outcome of Wednesday’s FOMC meeting, also helped the pair to re-enter the region of 3-year highs. Today in the agenda, we have non-farm payrolls, so all traders’ attention will remain glued to the data from the US labor market, which will expectedly help the major currency pair to form its further trajectory.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-09.jpg Size: 301 KB
  • #534
  • Feb 7, 2018 6:32am Feb 7, 2018 6:32am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, February 7th

The EUR/USD pair keeps its negative trend, following broad market trend at the equator of this week. However, seems that Euro bulls continue to fight for the control over the pair, but remaining unable to break through the resistance level, located in the area of 1.2400. Recent weakness of the pair is mainly explained by ongoing recovery of the US dollar, which is dominating the market lately. However, further decline of the pair looks limited in wake of recent positive news that heads of the key German parties have finally agreed to form a ruling coalition, which will significantly reduce the level of uncertainty formed on the political field of Germany. On the data front, today both economic calendars won’t offer investors anything important, leaving the pair at the mercy of broad market trend during this trading session.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-10.jpg Size: 244 KB
  • #535
  • Feb 8, 2018 5:31am Feb 8, 2018 5:31am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, February 8th

The EUR/USD pair remains offered this Thursday, as US bulls are still dominating the market, sending the pair to refresh its 2-week lows at 1.2236 mark. The main driving factor across the market today remains a solid pickup in the demand for the US dollar, which continues to exert pressure on the pair this week. However, further sharp moves of the pair look unlikely, as investors are remaining in cautious stance ahead of important events, related to the BoE, and which will be able to bring some correlational impetus to the pair during European trades. Today in the economic data calendar investors won’t find anything important, except several speeches by members of both CBs, which most likely won’t attract much of attention, so US dollar price dynamics will continue to stay the key driving factor for the pair during this trading session.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-11.jpg Size: 337 KB
  • #536
  • Feb 9, 2018 5:52am Feb 9, 2018 5:52am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Friday, February 9th

The EUR/USD pair trades with mild bullish bias at the last trading day of this week, having stalled its recent retreat, on the back of subdued dynamics of the US dollar. Today the key driving factor for the pair remains news coming from the US political area. Earlier today, on the market appeared headlines about another shutdown of the US government. This news negatively affected positions of the US dollar against its major rivals, as it is the second similar incident this year. Moreover, deteriorating investors’ appetite for riskier assets also has somewhat supported the common currency, thus having accelerated pair’s recent rebound. Today, nothing interesting is scheduled in the economic calendar, so broad market trend will continue to determine pair’s further trajectory at the end of this week.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-12.jpg Size: 151 KB
  • #537
  • Feb 12, 2018 5:16am Feb 12, 2018 5:16am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Monday, February 12th

The EUR/USD pair remains better bid this Monday, moving closer to the mark of 1.2300. Today, one of the key driving factors remains slight retreat of the US dollar against its main rivals, which could be explained by the breather of US bulls after significant upside rally of the greenback, witnessed last week. However, further sharp moves of the pair look limited, as investors start to prepare for the next market-moving event – the US CPI report, which will be released on Wednesday, and is expected to have a significant impact on the position of the US dollar. Meanwhile, today we will have pretty calm trading session, as both economic calendars won’t bring us anything noteworthy, so the pair will continue to follow broad market trend at the start of this trading week.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-13.jpg Size: 298 KB
  • #538
  • Feb 13, 2018 4:37am Feb 13, 2018 4:37am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Tuesday, February 13th

The EUR/USD pair follows broad market trend today, breaking the resistance level of 1.2300 in early Europe. The key reason of pair’s recent upside trend remains broad softness around the US dollar, as investors are still locking some profit after bullish rally of the greenback, witnessed last week. This dynamics of the US dollar is especially relevant ahead of important US inflation data, which will be published this Wednesday. Moreover, strong risk-off sentiment, which is dominating the market this week, could also be involved in recent pair’s growth. Looking ahead, today we will have another quiet trading session, as both economic calendars again won’t bring us any surprises, thus leaving the pair at the mercy of broad market trend on Tuesday.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-14.jpg Size: 243 KB
  • #539
  • Feb 14, 2018 5:01am Feb 14, 2018 5:01am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Wednesday, February 14th

The EUR/USD pair extends its upside trend, having refreshed its weekly highs in the vicinity of 1.2380, following unchanging market trend. It seems that American bulls have totally lost control over the market, allowing the US dollar to retreat against its major rivals, including the euro. Recent drawdown of the greenback could be partially explained by recent dovish comments of the Fed member J.Powell, who stated that the regulator remains alert to any financial stability risks. Adding to this, ongoing demand for safety could be another supportive factor for the pair this Wednesday. On the data front, today all traders’ eyes will remain glued to the bloc of important US data, featuring highly expected inflation figures, which will be published during NY trades.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-15.jpg Size: 235 KB
  • #540
  • Edited 5:39am Feb 15, 2018 5:25am | Edited 5:39am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, February 15th

The EUR/USD pair trades with a bullish bias for the fifth session in a row, having re-entered the area of its multiyear highs, located above the level of 1.25. The main reason of pair’s massive gains remains broad weakness of the US dollar, while there was no clear catalyst for the sharp decline of the greenback. Yesterday the pair received moderate bearish impetus, following better-than-expected US inflation data, but the pair didn’t extend its bearish trend, but instead regained positive mood on the back of the US dollar dynamics. However, widespread weakness of the greenback could be partially explained by the downside revision of the previous US inflation data. On the agenda, we have several secondary releases from the EU and a bunch of data from the US economy, but the key driving factor for the pair today remains the ongoing weakness of the US dollar, which dominates the markets this Thursday.

Click here to see all current market developments.

The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!

Your European ECN-broker,
Forex.ee
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Economic Digest-16.jpg Size: 338 KB
0 traders viewing now