Forex.ee: Daily economic news digest | Page 16 | 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

  • #301
  • Jan 27, 2017 5:12am Jan 27, 2017 5:12am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, January 27th

The GBP/USD pair extends its yesterday’s bearish momentum, walking away from its weekly highs, however, going to close this week with profits. Currently the pair is moving in south direction, mostly ignoring yesterday’s positive UK flash GDP and weaker data from the US housing market, as the greenback remains firmer at the end of this week in wake of D.Trump’s reflation policy. On the other hand, increasing hopes of soft Brexit, inspired by recent events on UK political field, are limiting pair’s further fall. Today UK docket remains absolutely empty, leaving the pair on the mercy of US dataflow, scheduled on NY 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
  • #302
  • Jan 30, 2017 5:02am Jan 30, 2017 5:02am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Monday, January 30th

Today the EUR/USD opened with a bullish gap, backed by broad greenback’s weakness. The USD remains heavily offered against basket of its main competitors in wake of US president’s protectionism, as D.Trump signed a document last Friday, banning entry into the US for 90 days from seven Islamic countries, explaining it as a fight against terrorism. Moreover, poor US GDP data, seen at the end of last week, are also collaborating with buck’s offered tone. However, currently the main currency pair is trading around 1.07 level, slipping lower its overnight highs, marked at 1.074 handle, as bears have taken a breather, allowing the dollar to regain part of its losses. Looking ahead, only data from the US housing market will be able to bring some impetus to the pair amid thin-trading conditions, as a part of Asian markets will remain closed due to Lunar New Year celebrations.

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
  • #303
  • Jan 31, 2017 5:04am Jan 31, 2017 5:04am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Tuesday, January 31st

The yen remains bullish against its American competitor after BOJ monetary policy decision, announced this morning. Today the BoJ during its meeting left its interest rate unchanged also revising its outlook regarding further economic growth pace, majorly leaving it untouched. Meanwhile, the USD/JPY pair remains additionally weighed, as risk-off sentiments remain at full steam underpinning yen’s safe-haven status, triggered by recent news that US president has fired Attorney General S.Yates for criticism regarding his anti-immigrant order. Today investors will continue tracking fresh headlines from US political field, while RO-RO trend will remain as a key driver 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-12.jpg Size: 151 KB
  • #304
  • Feb 1, 2017 5:04am Feb 1, 2017 5:04am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, February 1st

The EUR/USD slips under 1.08 level during Asia in wake of minor correction of the US dollar. Currently the main currency pair is trading near the region of 1.0780 with slight bearish pressure, easing from its eight-week highs, posted yesterday at 1.0812 on the back of recent comments of the US president, in which he noted that other nations devalue their currency to gain competitive advantage. Moreover, disappointing fundamentals from the US economy, seen yesterday, are also adding some pressure on the greenback. Today traders will follow the latest headlines based on D.Trumps policy, while FOMC interest rate decision will also be able to grab traders attention later in 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-13.jpg Size: 298 KB
  • #305
  • Feb 2, 2017 5:09am Feb 2, 2017 5:09am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, February 2nd

The GBP/USD pair is showing one of the best performances across the market, staying about 3 figures higher this Tuesday lows, marked at 1.2412 spot, mainly driven by US dollars weakness. Currently the pair is moving in north direction, however, its growth is limited, as traders refuse to make any directional bets ahead of main event of this day BoE Interest Rate Decision. Broadly expected that the Bank will keep its rate unchanged, while accompanying comments from policymakers and BoE Quarterly Inflation Report will be closely watched for any hints on BoE monetary policy outlook.

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
  • #306
  • Feb 3, 2017 5:04am Feb 3, 2017 5:04am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, February 3rd

The GBP/USD pair lost its bearish momentum and now is trading within 20-pips flat range, as dust around BoE decision settles down. Yesterday the pair fell for about 2 cents after the CB of UK had left its refi rate unchanged, however, downgrading its further long-term inflation forecast. Moreover, following dovish comments of BoE Governor M.Carney also provided negative impact on the pair, as left behind lack of clarity on further Bank’s monetary policy steps. Currently the pair is oscillating around 1.2520 level, awaiting for UK Services PMI for fresh impetus, while NFP, scheduled on NA session, will overshadow any today’s fundamentals.

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
  • #307
  • Feb 6, 2017 5:21am Feb 6, 2017 5:21am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Monday, February 6th

The EUR/USD pair eases part of its post-US jobs data gains at the start of this week, refreshing its daily lows in the region of 1.0750. Seems that US bulls have taken control over the major, forcing it to retreat from its overnight highs, marked at 1.0790 level, as dust settles over disappointing US data reports. However, broadly based risk-off sentiments, witnessed during Asia, are capping the pair from its further losses. Relatively quiet trading session approached the market this Monday with only ECB President M.Draghi’s speech to show.

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
  • #308
  • Feb 7, 2017 5:18am Feb 7, 2017 5:18am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Tuesday, February 7th

The AUD/USD loses its positions, gained on the back of RBA’s decision. Today, as it was expected, the RBA left its interest rate unchanged, while providing the market with neutral stance on the interest rates outlook. However, RBA members sounded more optimistic, stressing that Australian economy prospects remain positive in wake of improvements in the global economy. On the other hand, the pair lost its upside momentum and has reversed all its earlier gained positions, as returning demand for the US currency combined with sharp increase in Chinese iron-ore stockpiles are negatively influencing the pair. Looking ahead, traders will continue digesting recent events, while JOLTs Job Openings report will bring fresh directional impetus to 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-17.jpg Size: 187 KB
  • #309
  • Feb 8, 2017 5:01am Feb 8, 2017 5:01am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, February 8th

The dollar/yen pair is showing pretty volatile trades this Wednesday on the back of recent news from the BoJ. The pair reached its maximums in Asia at 112.52 spot, as the Bank of Japan announced about expansion of its bond buying program. However, pair’s upside rally was short lived, as plenty of offers, based on dollar’s weakness, absorbed the demand and the pair dropped to its overnight lows, marked at 112.04. Currently the pair is trading around the level of 112.40, as the US currency has regained its bid tone, while the market stays influenced by recent headlines related to CB of Japan. During this day the pair will continue to trace USD price dynamics and global RO-RO trend amid data-quiet Wednesday’s docket.

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
  • #310
  • Feb 9, 2017 5:05am Feb 9, 2017 5:05am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, February 9th

The NZD/USD pair reacted negatively on the RBNZ interest rate decision, losing for more than a cent since pre-decision region. As it was widely expected the RBNZ left its interest rate unchanged on its meeting, witnessed in Asia, however, following comments of RBNZ Governor G.Wheeler have sent the pair to refresh its 3-week lows below the level 0.72. G.Wheeler stressed that the Bank won’t increase its rate until inflation reaches its target level, so most likely interest rate will continue to stay low, thereby crashing market’s expectations of further rate hikes. Currently the pair is trading within striking distance of its recent lows, trying to consolidate in the region of 0.72. Nothing else is scheduled in data calendar for today, so USD price dynamics will continue to drive the pair during 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-19.jpg Size: 300 KB
  • #311
  • Feb 10, 2017 5:24am Feb 10, 2017 5:24am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, February 10th

The dollar/yen pair is experiencing pretty volatile trades lately, as various factors are pushing the pair in north direction at the end of this week. Ongoing rally, triggered by recent US President’s talks of upcoming tax reforms, that could be implemented over next weeks is still supporting the greenback across the market. Moreover, recent BOJ announcement of expanding its bond purchases is also supporting the pair last few days. And finally, fresh wave of risk-on sentiments, triggered by significant surplus in China’s Trade balance coupled with Trump’s talks over the tax cuts, is also benefiting to the pair today. Currently the pair is trading in the around 113.70 handle, having slowed down its massive rally from yesterday’s lows, marked at 111.72 spot, as traders are getting cautious ahead of US-Japan summit, that will be closely watched for next leg of directional move. Nothing else left in this week’s docket, so the pair will continue following broad RO-RO trend during 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-20.jpg Size: 200 KB
  • #312
  • Feb 13, 2017 5:28am Feb 13, 2017 5:28am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Monday, February 13th

The USD/JPY pair has lost its upside momentum and now is trading in south direction, as traders are taking some profits off the table. Today the pair refreshed its two-week highs at 114.17 spot in wake of recent US-Japan summit. During the meeting, no important announcements were made, however, investors also havent met any hints regarding D.Trumps protectionist policy that significantly boosting the dollar. Moreover, poor flash Japanese GDP, released this morning, also added some bearish pressure on the yen. Meanwhile, prevalent risk-on sentiments will continue to drive the pair during this trading session, as US docket remains eventless this Monday.

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
  • #313
  • Feb 14, 2017 5:23am Feb 14, 2017 5:23am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Tuesday, February 14th

The EUR/USD pair retreats from session’s peaks, marked at 1.0633 spot, however, still remaining positive. Seems that euro’s recovery has run out of steam, as poor flash German GDP, released in early European trading session, is limiting pair’s further upside traction. However, cautious sentiments are starting to gather pace among investors ahead of the upcoming testimony by Chief J.Yellen before the Senate Banking Committee, slightly supporting the common currency. Looking ahead, German ZEW Economic Sentiment, preliminary GDP from Eurozone and US PPI will also grab attention 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
  • #314
  • Feb 15, 2017 5:11am Feb 15, 2017 5:11am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, February 15th

Once again the EUR/USD pair has come under bearish pressure after brief recovery during Asian trades, as Fed Chair J.Yellen’s testimony is still suppressing the market. Yesterday during the Q&A session at Senate Banking Committee, Fed Chairwoman J.Yellen said that it would be reasonable to hike rates in upcoming months, however, noting that she cannot say which month would be the most appropriate for next rate increase. Moreover, Yellen’s hawkish outlook restored confidence on US economic growth prospects under D.Trump’s presidency. Currently the main currency pair is trading around the level 1.0550, having lost a smile in early Europe. Looking ahead, another busy NA session is approaching the market, while EU docket contains only trade data, which most likely won’t have any impact on 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-01.jpg Size: 235 KB
  • #315
  • Feb 16, 2017 5:05am Feb 16, 2017 5:05am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, February 16th

The EUR/USD bounced off its 5-week lows yesterday, posted at 1.0521 spot, and now is extending its recovery above the level 1.06, despite stronger-than-expected set of macro data from the US economy. Greenback’s bulls lost its upside momentum yesterday, as Fed Chair Janet Yellen provided the market with cautious comments during her second testimony, stressing that economic indicators are somewhat disappointing lately, thereby forcing the US dollar to retreat vs. basket of its main competitors. However, currently the main currency pair is trading around 1.0610 level, awaiting for ECB monetary policy meeting minutes for the next leg of directional move, while data from the US housing market and Philly Fed manufacturing index will also be monitored for fresh trading opportunities in 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-03.jpg Size: 344 KB
  • #316
  • Feb 17, 2017 5:05am Feb 17, 2017 5:05am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Friday, February 17th

The EUR/USD pair corrects lower toward 1.0640 level after brief consolidation phase, witnessed during Asia. The main currency pair has lost its upside momentum after significant bullish run from its Wednesday's multi-week lows. However, the dollar remains weak, as the currency market continues to digest recent dovish speech by Fed Chairwoman J.Yellen, who showed disappointment about US economic results. And even yesterday’s batch of positive macroeconomic releases was unable to break dollar’s bearish rally. Moreover, yesterday D.Trump during his speech once again failed in providing any clarity on his further economic and political steps, thereby discouraging traders from opening long-dollar bets. Currently the pair is trading within striking distance of its recent lows, following global markets sentiments, in wake of absolutely empty economic calendar 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-04.jpg Size: 277 KB
  • #317
  • Feb 20, 2017 4:55am Feb 20, 2017 4:55am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Monday, February 20th

The euro failed several attempts to recover against its American peer in Asia and now is trading just a few pips above the level 1.06. Today slightly better sentiments around the US currency are weighing the pair, capping EUR/USD near 1.0615 level and driving it away from its overnight peaks, marked at 1.0633 spot. Moreover, positive German PPI data, seen in early european session, also couldn’t bring any bullish impetus to the pair. At the start of this week economic calendar remains absolutely empty, while the US market will stay closed today in observance of Presidents' Day, thereby leaving the pair at the mercy of USD 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-05.jpg Size: 187 KB
  • #318
  • Feb 21, 2017 5:12am Feb 21, 2017 5:12am

Daily economic digest from Forex.ee

Stay informed of the key economic events

Tuesday, February 21st

The EUR/USD pair dipped back below the level of 1.06 in Asia, refreshing its five-day lows at 1.0542 level. Today the common currency came under strong selling pressure, as worries around Greece crisis are gathering a pace. Yesterday Greece and euro zone resumed discussion over aid payments to support Greek economy. Moreover, pre-election opinion poll in France showed that National Front leader Marin Le Pen is pulling into the lead with 27% of votes, additionally weighing the pair. Furthermore, euro bulls ignored better-than-expected flash German Manufacturing PMI data, published this morning, bringing no relief to the common currency. Today the US docket will keep silence for the second session in a row with only couple of Fedspeaks to show in NA session, so the pair will continue to follow global market’s trend during 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-06.jpg Size: 271 KB
  • #319
  • Feb 22, 2017 5:01am Feb 22, 2017 5:01am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Wednesday, February 22nd

The euro continues to lose a ground vs. its American competitor, spiking the level of 1.05. Seems that US bulls are still pretty confident in the pair with the euro ahead of FOMC Meeting Minutes, that could shed some light on prospects of further Fed’s monetary policy tightening measures. Moreover, the euro remains under selling pressure, as political concerns surrounding French elections are gathering pace. Today trading session promises to be pretty volatile as Germany will publish its Ifo Business Climate Index, EU will release final CPI data while the US has prepared data from housing market and FOMC Meeting Minutes, which will take center stage in New York’s afternoon.

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
  • #320
  • Feb 23, 2017 5:10am Feb 23, 2017 5:10am

Daily economic digest from Forex.ee

Stay informed of the key economic events


Thursday, February 23rd

Today the EUR/USD pair once again is losing ground, stepping away from its overnight highs, posted in 1.0570 area, in wake of mixed morning data from German economy. However, yesterday the greenback remained unimpressed by eventless FOMC meeting minutes, as most of Fed members had already expressed their opinions regarding further rate-hikes and Feds monetary policy by the time of minutes release. And once again FOMC members reaffirmed necessity of further tightening, however, noting that it will happen fairly soon, while only a few of them expect a hike at upcoming meeting. Additionally, the euro yesterday got positively affected, as one of the French presidential candidates F.Bayrou quitted the race, giving E.Macron extra chances to exceed far-right M.Le Pen. Nothing much is left in data calendar for this Thursday, so the pair will follow USD price actions 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-08.jpg Size: 304 KB
0 traders viewing now