Forex.ee: Daily economic news digest | Page 28 | 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

  • #541
  • Feb 16, 2018 5:28am Feb 16, 2018 5:28am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, February 16th

The EUR/USD pair follows broad market trend at the last working day of this week, backed by sharp retreat of the US dollar. Recall, the US dollar came under strong selling pressure on Wednesday following upbeat US inflation results, with no clear catalysts, which could trigger downside rally of the greenback. Earlier today the pair refreshed its 3-year highs on the level of 1.2555, as US bulls remain unable to protect positions of the US dollar. However, some FX-analysts believe that the US dollar remains significantly oversold and its upside correction could follow soon, but for now the pair continues to push its positions to the green territory. Nothing much is scheduled for the pair at the last working day, except the data from the US labor market, which expectedly won’t have significant impact across the market, so the US price dynamics will remain the main determinant for the pair this Friday.

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-17.jpg Size: 187 KB
  • #542
  • Feb 20, 2018 5:32am Feb 20, 2018 5:32am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Tuesday, February 20th

The EUR/USD pair follows broad market trend this Tuesday, extending correction from its 3-year highs. Today the recovery of the US dollar, started on Friday, remains the key underlying theme of this trading session. Recent upside trend of the greenback was additionally underpinned by upbeat tweets of the US President D.Trump, who sees the US economy even better than anticipated. Today the EU calendar will bring us Eurozone’s and German ZEW economic sentiment surveys, which will be able to influence pair’s direction during the European trading session, however, widespread market trend, caused by growth of the US dollar, will remain the key determinant for the pair this 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-18.jpg Size: 210 KB
  • #543
  • Feb 21, 2018 3:47am Feb 21, 2018 3:47am

economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, February 21st

The EUR/USD pair looks heavy this week, getting closer to the level of 1.2300, on the back of ongoing demand for the US currency. Seems that US bulls are still keeping control over the market, thereby forming widespread trend. However, today all eyes will remain glued to the release of FOMC minutes, which will be especially interesting in view of recent uptick in the US inflation, as investors are awaiting for fresh updates regarding further Fed monetary policy tightening path. Besides the FOMC protocols, investors will also pay attention to the data from the US housing market, however, the US dollar price dynamics will remain the decisive factor for the pair, since we were able to make sure of this earlier.

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
  • #544
  • Feb 22, 2018 4:50am Feb 22, 2018 4:50am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, February 22nd

The EUR/USD pair follows broad market trend this Thursday, backed by ongoing demand for the US dollar, while losing points for the third consecutive day. Recent growth of the greenback is mostly attributed to the hawkish FOMC minutes, which showed regulator’s confidence in further growth of the inflation. All Fed members agreed that inflation should meet its target level in 2018 already, which in turn provided additional support to the US dollar due to recent positive US inflation results. This outcome of the latest Fed meeting forced investors to start pricing-in more aggressive Fed monetary policy tightening, thereby accelerating the growth of the US dollar against its major peers. Now it’s time for the ECB to publish its account of monetary policy meeting, which will be able to trigger fresh speculations regarding divergence between two monetary policies, while the US data calendar won’t bring us anything noteworthy today, leaving the pair at the mercy of broad market trend and the US dollar price dynamics.

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
  • #545
  • Feb 23, 2018 4:48am Feb 23, 2018 4:48am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, February 23rd

The EUR/USD pair regained its offered tone on Friday after brief correction, seen during the previous session. Renewed weakness of the pair could be mostly explained by ongoing demand for the US dollar, which dominates the market this week. Adding to this, yesterday’s slightly dovish ECB minutes, where the regulator made no changes to its monetary policy or forward guidance, also failed to bring any impact to the common currency. However, both regulators’ minutes, released this week, showed growing policy divergence between Central Banks, which favors the US dollar, as the Fed pointed to more aggressive monetary policy than the ECB. Looking ahead, now all attention remains focused to the EU inflation report, which will be published during European trades, however, it will remain the only important release for today, so widespread market trend will continue to navigate the pair 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-21.jpg Size: 144 KB
  • #546
  • Feb 26, 2018 4:52am Feb 26, 2018 4:52am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Monday, February 26th

The EUR/USD pair caught fresh pips in Asia, following broad market trend, caused by retreat of the US dollar against its main rivals. However, the pair still remains weighed down, following meeting minutes of both CBs, which triggered fresh speculations regarding divergence between monetary policies of the Fed and ECB. Talks about widening divergence have negatively affected the pair, as Fed’s protocols showed the need of tightening monetary policy, which was especially relevant in light of recent positive US inflation data, while the ECB didn’t provide markets with any surprise. Now all investors’ attention shifts toward speeches of the heads of the CBs – Mr.Draghi and Mr.Powell, which both will take place in the first half of this week and will be able to heat up or cool off recent market’s talks regarding widening divergence between two monetary policies.

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
  • #547
  • Feb 27, 2018 4:48am Feb 27, 2018 4:48am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Tuesday, February 27th

The EUR/USD pair remains positive this Tuesday, following yesterday’s speech of the ECB President M.Draghi at the European Parliament. As usual, Mr.Draghi took a cautious stance without providing any new comments on massive quantitative easing program, as well as remaining measured in the comments about inflation growth. However, the overall assessment of the ECB President of the Eurozone economic growth was positive, while stressing that the euro area economy is expanding robustly and growth is stronger than previously expected. Looking ahead, today the new Fed Chair Jerome Powell’s testimony to the House Committee will take center stage and will be able to set up pair’s 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-01.jpg Size: 235 KB
  • #548
  • Feb 28, 2018 4:39am Feb 28, 2018 4:39am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, February 28th

The EUR/USD pair follows broad market trend this Wednesday, moving closer to the level of 1.2200. Recent retreat of the pair could be explained by surprisingly hawkish rhetoric of the new Fed Chair J.Powell in Congress. Yesterday Mr.Powell gave an upbeat assessment of the economy and positive outlook for inflation, saying that he expects further gradual monetary policy tightening, with the first interest rate increase in March FOMC meeting. Adding to this, Mr.Powell noted that his personal outlook for the economy had strengthened since December. So, both CBs’ speakers have delivered their messages, and we can say that Mr.Powell sounded a lot more hawkish comparing to cautious tone of Mr.Draghi, which makes the divergence between the Fed and ECB come back to the fore, thus giving extra support to the US dollar. On the data front, today we have pretty busy session, as both economies have prepared important data releases for today, while recent economic events will also continue to influence the pair.

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
  • #549
  • Mar 1, 2018 5:08am Mar 1, 2018 5:08am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, March 1st

The EUR/USD pair follows broad market trend this Thursday, mostly caused by bullish sentiments around the US dollar, having refreshed 6-week lows below the level of 1.22. Recent upsurge of the US dollar is attributed to continuing speculations regarding more aggressive Fed monetary policy tightening path, which was sparked by hawkish message from Fed Chief Powell regarding health of the US economy on Tuesday. Seems that markets have reconsidered potential measures of Fed monetary policy tightening and now investors are pricing-in four rate hikes, which could be implemented this year. Looking ahead, today investors will look forward for Powell’s testimony before the Senate Banking Committee for more details regarding further Fed actions, which is the main market-moving event of 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-03.jpg Size: 344 KB
  • #550
  • Mar 2, 2018 5:16am Mar 2, 2018 5:16am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, March 2nd

The EUR/USD pair showed pretty volatile dynamics during previous trading session, having gained more than a cent since yesterday’s lows, marked at 1.2155 spot. The main reason of pair’s recent growth could be called US President D.Trump’s comments that the US will impose steep tariffs on steel and aluminum imports, thus intensifying concerns over a possible trade war, which will negatively affect US business relationship with China. Adding to this, yesterday the second round of Fed Chair J.Powell’s testimony took place, where the head of the regulator repeated his performance before the Senate, but this time showing more cautious tone on wages and inflation, which also had a negative impact on the positions from the US dollar. Looking ahead, today the economic calendar lacks any important data releases, so the US dollar dynamics, caused by recent events, will remain 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-04.jpg Size: 277 KB
  • #551
  • Mar 5, 2018 5:35am Mar 5, 2018 5:35am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Monday, March 5th

The EUR/USD pair trades with a negative bias at the start of this week, as parliamentary election in Italy remains the key driving factor for the pair. According to the latest exit polls, the populist party “Five Star Movement” and right-centrist occupies leading positions in the parliamentary race. However, parties still short of an absolute majority, which means that Italy is heading a hung parliament, thus bringing some uncertainty to the Italy’s political field. Moreover, recovery of the US dollar after its brief drawdown, provoked by US President’s talks that the US will impose steep tariffs on steel and aluminum imports, also drives the pair to the negative territory on Monday. In the day ahead, both sides will offer market PMI reports from service sector, however, it is expected that the US dollar price actions will remain the key determinant 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-06.jpg Size: 271 KB
  • #552
  • Mar 6, 2018 5:30am Mar 6, 2018 5:30am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Tuesday, March 6th

The EUR/USD pair failed to extend its positive trend after three days at a profit. The main reason of recent bearish dynamics of the pair remains easing tension around a possible trade war following US President D.Trump’s talks regarding import tariffs on steel and aluminum, but common sense is expected to prevail, allowing the US dollar to recover positions against its major competitors. Talking about the euro area, as the Italian parliamentary elections are over, investors are now awaiting for further developments from the political field of Italy, since no party won the majority. Today nothing relevant is scheduled in the data calendar, so widespread market trend will remain the only navigator for the pair this 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-07.jpg Size: 327 KB
  • #553
  • Mar 7, 2018 5:40am Mar 7, 2018 5:40am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Wednesday, March 7th

The EUR/USD pair remains better bid this Wednesday, extending its bullish trend for the fifth consecutive session. The latest positive dynamics of the pair could be explained by concerns over global trade war. Recall, recently the US President D.Trump announced that the US would impose steep tariffs on steel and aluminum imports, which sparked wide speculations regarding potential trade war, thus negatively affecting the US dollar positions. And now, Donald Trump's chief economic adviser, Gary Cohn, announced his resignation, the reason for which were the recent Trump's tariff plans, since Mr.Cohn was a supporter of free-trade. However, it is expected that the pair won’t show any volatile moves during this session, as markets await for the ECB meeting, which will take place already tomorrow. Likely the ECB will leave its rate unchanged, however, any comments regarding further QE program will have notable impact on the common currency. But today the EU economic calendar will bring us only secondary data reports, while the US will release ADP nonfarm employment change, which is often considered as pre-NFP data.

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
  • #554
  • Mar 8, 2018 5:56am Mar 8, 2018 5:56am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Thursday, March 8th

The EUR/USD pair was consolidating its positions in Asia within 1.2390-1.2410 trading range, as markets are awaiting for the outcome of the ECB meeting. As it is widely expected, the regulator won’t surprise us with any notable changes in its monetary policy, as we haven’t seen any acceleration in euro area’s inflation growth pace. However, comments from ECB officials regarding further prospects of the economy will be able to spark some volatility. The ECB meeting with the following press conference will remain the main and the only market-moving event, scheduled for today, so during the NA trading session the pair will be guided by widespread market sentiment, which will help it to form a 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
  • #555
  • Mar 9, 2018 4:42am Mar 9, 2018 4:42am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Friday, March 9th

The EUR/USD pair keeps its positions in the lower end of its weekly range today near the level of 1.2300 after yesterday’s drawdown, triggered by cautious tone of the ECB President M.Draghi. As it was widely expected, the ECB left its interest rate and QE program unchanged, however, having revised lower its inflation projection for 2019. Adding to this, during the ECB press conference Mr.Draghi showed confidence in the effectiveness of the current monetary policy, which remains highly accommodative. However, seems that the pair stalled its downside trend, as investors are awaiting for another important event – the release of the NFP report, which is scheduled for the NA session. But on the euro zone side, today the EU calendar will again remain silent, so the pair will continue trace broad market trend until the key event of this Friday.

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
  • #556
  • Mar 12, 2018 6:21am Mar 12, 2018 6:21am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Monday, March 12th

The EUR/USD pair trades with a slight bullish bias this Monday on the back of recent mixed data from the US economy. Recall, on Friday the US released bloc of mixed data from the labor market, featuring auspicious NFP numbers and higher-then-expected unemployment rate. These results of the US economy failed to provide the dollar with any notable impetus, as they didn’t indicate any possible changes in further actions of the Fed monetary policy. However, EU bulls also fail to take control over the pair, as divergence between the ECB and Fed is still playing an important role in determining pair’s direction. On the data front, today both economic calendars will keep silence, leaving the pair at the mercy of broad market trend, while investors are looking forward the US inflation data, which will be released 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-11.jpg Size: 337 KB
  • #557
  • Mar 13, 2018 6:44am Mar 13, 2018 6:44am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Tuesday, March 13th

The EUR/USD pair remains broadly offered this Tuesday on the back of attempts of the US dollar to regain control over the market. Seems that US bulls have finally found some support across the market after the disappointing US unemployment rate, which was released on Friday. However, further actions of the pair look limited, as investors refrain from placing aggressive bets ahead of the latest US consumer inflation figures, which will likely trigger volatile trades across the market, as they will be able to bring some hints on what to expect from the Fed this year. Also today, investors will pay attention secondary EU data reports, however, expected that the market won’t show any reaction on the EU data amid broad cautiousness ahead of the key event of this 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-12.jpg Size: 151 KB
  • #558
  • Mar 15, 2018 6:11am Mar 15, 2018 6:11am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Thursday, March 15th

The EUR/USD pair struggles to find direction this Thursday, trading in a tight range of 1.2365-85. Yesterday, the euro came under renewed pressure, following speech of the ECB President M.Draghi, where the head of the regulator showed concerns over the subdued performance of inflation, while saying that exchange rate of the euro could negatively affect inflation prospects. On the other side, on Wednesday the US published retail sales report, which came below market expectations, thus having exerted pressure on the US dollar, which in turn limited pair’s downside rally. Moreover, concerns over the potential global trade war, triggered by recent US President’s metal tariffs, may hurt greenback positions, as now investors are awaiting for the response from China. In the day ahead, the EU economic calendar won’t bring us anything important, while the US will release Philly Fed index, however, all traders’ attention remains focused on the EU inflation data, which will be available already tomorrow.

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
  • #559
  • Mar 16, 2018 5:16am Mar 16, 2018 5:16am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Friday, March 16th

The EUR/USD pair has finally recovered its positive tone, having bounced off its weekly lows, marked near the level of 1.2300. Seems that the US dollar has run out of stream, all amidst persistent concerns over a global trade war, sparked by recent US President D.Trump’s metal tariffs, thus allowing the pair to recover some pips this Friday. Moreover, Mr.Trump’s decision to fire H.R.McMaster as his national security adviser on Thursday also added some weakness to the US dollar. Today all traders’ eyes will remain glued to the EZ inflation report, while the US data will also be able to attract some attention 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-14.jpg Size: 243 KB
  • #560
  • Mar 19, 2018 5:31am Mar 19, 2018 5:31am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Monday, March 19th

The EUR/USD pair follows broad market trend today, caused by the growth of the US dollar against its main competitors. According to investors’ expectations, the Fed is to increase its interest rate by 25 bps this Wednesday, which is the key market-moving theme today, thus forcing the pair to trade with a bearish bias at the start of this week. Moreover, taking into account upcoming events, divergence between the Fed and ECB also comes into play, as latest comments by ECB officials showed that the Bank would continue to maintain accommodative monetary policy, while EZ inflation growth pace continues to show disappointing results. Looking ahead, today the economic calendar won’t offer us anything noteworthy, so widespread market sentiment, caused by upbeat price dynamics of the US dollar, will continue to form pair’s 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-15.jpg Size: 235 KB
1 trader viewing now