myforexsystem.info

Forex binary option trade forex binary option

Tag: US Retail Sales

A test of the breakouts

A test of the breakouts  This week should be all about contesting and consolidating last week’s significant breakouts in 10 year UST, EURUSD, USDJPY and Oil Prices. And despite weekend inspired short-covering in US fixed income, we’ve seen a weekly close in US 10y above 3.05 %. And with the Baker Hughes rig count holding […]

EUR/USD – Euro Unchanged as German, Eurozone GDP Meet Expectations

EUR/USD is almost unchanged in the Tuesday session. Currently, the pair is trading at 1.1927, unchanged on the day. On the release front, German Preliminary GDP came in at 0.3%, close to the forecast of 0.4%. Eurozone GDP came in at 0.4%, matching the forecast. German ZEW Economic Sentiment came in at -8.2, weaker than the estimate […]

USD/CAD – Canadian Dollar Gains Ground, US Retail Sales Ahead

The Canadian dollar has started the week with gains. Currently, USD/CAD is trading at 1.2756, down 0.34% on the day. On the economic front, Canada releases key jobs data. The economy is expected to add 17.8 thousand jobs, compared to 32.3 thousand a month earlier. The unemployment rate is expected to remain steady at 5.8 percent. In […]

A crowded tale of the tape

A crowded tale of the tape Global equity markets revelled in their most favourable showing since early March after clement CPI  figures led to hopes of a Goldilocks economy in the US. But as senescent as this view is becoming, with the Federal Reserve Board looking to remove emergency accommodation, it’s perhaps not the best narrative to […]

Dollar Ends Rally Awaiting US Retail Sales Data

The US dollar rally lost momentum during the week and recorded its third day of depreciation versus other major pairs. The USD continues to gain versus emerging market currencies as more signs of a global growth slowdown appear. The US consumer price index (CPI) came in under expectations and raised concerns on how many rate […]

Join OANDA in Shenzhen China May 18-19

Stephen Innes OANDA Asia will be speaking at this annual event discussing electronic FX trading  and general Macro Themes The 7th China  Forex Expo will be taking place on the 18th and 19th of May 2018 at Great China International Exchange Square of Shenzhen. It is a two-day event for traders, investors, affiliates, IBs, blockchain, […]

More Volatility on the Way!!

More Volatility on the Way!! The US administration Iran deal exit announcement rolled out in typical President Trump spectacular fashion, but at the end of the day, the market’s response was somewhat unenthusiastic with few substantive changes in Gold, Yields or equities. But that belies the squally interlay moves on WTI which had been down […]

EUR/USD – Euro Unchanged as German GDP, CPI Matches Forecasts

The euro has shown some movement in both directions but is unchanged in the Wednesday session.  Currently, the pair is trading at 1.2356, up 0.04% on the day. It’s a busy day for fundamentals, with key releases out of the eurozone and the US. In Germany, Preliminary GDP slowed to 0.6% in the fourth quarter, matching […]

USD/CAD – Canadian Dollar Trading Sideways

The Canadian dollar continues to have an uneventful week. In the Tuesday’s session, the pair is trading at 1.2587, up 0.07% on the day. On the release front, there are no Canadian indicators on the schedule. In the US, the sole indicator is the NFIB Small Business Index, which improved to 106.9, above the estimate […]