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Oct 12, 17 •
2248 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. dollar falls as FOMC minutes indicate a more dovish tone than expected, euro rallies versus its main peers
The minutes from the FOMC meeting, which concluded on September 20th, were released on Wednesday evening and despite the overwhelming consensus appearing to be in support of a another interest rate rise before the year ends, several FOMC members indicated...
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Oct 11, 17 •
2059 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Strong U.K. data causes sterling to rise and increases the November interest rate rise bets, German data also beats forecasts, helping to push the euro to weekly highs
After beating the forecasts on industrial production on Monday, coming in at 2.6% growth MoM for August versus the expectations of 0.9%, Germany continued its robust growth figures; export and import figures also smashed through the forecasts when the data...
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Oct 10, 17 •
2151 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling rallies on improved and revised wage data, whilst the U.S. dollar maintains its recent highs, as an FOMC interest rate rise appears imminent
The U.K. pound enjoyed a boost on Monday as the official statistics agency for the U.K. the ONS, announced that they’d made an error in their calculations, over their recent wage inflation data. Wage inflation in the country is apparently running at 2.6%...
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Oct 9, 17 •
2269 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on A Bank holiday in several countries, may impact on Forex Trading during Monday’s trading sessions
Despite the NFP data delivering the first negative reading for seven years on Friday, at -33k, Wall Street and global investors failed to sell off the U.S. dollar, accepting that the jobs growth figure and result was an outlier, entirely due to hurricane...
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Oct 6, 17 •
2496 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. equities maintain record heights, U.S. dollar rallies versus its main peers as GPB/USD falls to a three week low
Encouraging hard economic calendar data emanating from the USA on Thursday, which also beat the consensus forecasts, helped to propel certain U.S. equity indices to record heights. Initial jobless claims came in at 260k for the week ending September 30th,...
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Oct 5, 17 •
2281 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling recovers as services PMI beats forecast, U.S.dollar slips as less hawkish Fed chair is suggested
Two of the leading Markit PMIs for the U.K.; manufacturing and construction, came in significantly below expectations earlier in the week, therefore on Wednesday analysts and GBP investors, were looking for a rise in both the services and composite readings,...
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Oct 4, 17 •
1911 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling falters as key PMI misses forecast, U.S. dollar strengthens, NZD falls, as dairy auction results miss forecasts
It’s fascinating to note how well sterling is actually holding up versus its main peers over recent weeks, despite the U.K. government’s Brexit plan beginning to fall apart at the seams. Once again, during the Conservatives annual conference in...
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Oct 3, 17 •
2794 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on USA equity markets spike, as the ISM manufacturing index reveals sharpest growth in thirteen years, euro falls due to Catalonia violence
Sudden, outlier political events can often immediately effect the value of both our FX markets and the value of equity markets. The value of the euro fell during Monday’s trading sessions, as a consequence of the authorities clashing on Sunday with...
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Oct 2, 17 •
3463 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on PMIs for the U.K. the Eurozone and the USA, together with USA ISM readings, form the basis of Monday’s key calendar events
Sunday evening and early Monday morning, witnesses a raft of economic calendar data delivered from (and for), both the Japanese and the Australasian economies, which could impact on the value of yen, and the Australian and New Zealand dollars, early on in...
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Sep 29, 17 •
3227 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Brexit negotiations causes sterling and euro to whipsaw, as USA investors adjust themselves to inevitable rate rises and QT
Brexit was back on the international news agenda radar on Thursday, as the two leading negotiators met once again, in order to attempt to put together a road map for the UK’s final exit. How long the remaining EU27 can continue to suffer the UK’s...