EUR/USD Plunging Into Parity as US Dollar Pair is moving around 1.0100-1.0270 channel for three weeks now. All attempts of the break through to its upper or lower border ended in failure. These attempts continued until 10th August after the
GBP, Conservative Party Elections The political backdrop, candidates and expected policies for traders to watch around next month’s UK Conservative Party leadership election, who will be the UK’s next PM ?. Traders generally overestimate the impact of political move’s on
Upcoming Market Updates: NZD, GBP, EUR, CAD NZD: Trade Balance, it measures Difference in value between imported and exported goods during the reported month. GBP: GfK Consumer Confidence, it measures Level of a diffusion index based on surveyed consumers. JPY:
Upcoming Market Updates: AUD, CHF, EUR, CAD, USD AUD: Employment Change, it measures Change in the number of employed people during the previous month. AUD: Unemployment Rate, it measures Percentage of the total work force that is unemployed and
Upcoming Market Updates: NZD, JPY, AUD, GBP, EUR, USD NZD: PPI Input q/q, It’s a leading indicator of consumer inflation – when manufacturers pay more for goods the higher costs are usually passed on to the consumer. NZD: PPI
Bank Of Canada Inflation on it’s Peak Bank Of Canada deputy governor said that obvious inflation is high but it is still far form being too high. Despite CPI has fallen to 7.6% y/y from 8.1% and core CPI is
Upcoming Market Updates: AUD, JPY, GBP, EUR, CAD AUD: Monetary Policy Meeting Minutes, It’s a detailed record of the RBA Reserve Bank Board’s most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to
August RBNZ Preview and what next for the NZD/USD It is widely expected that the Official Cash Rate will be raised by 50 bp taking the cash rate to 3% in tomorrow’s meeting of Reserve Bank of New Zealand. It
JPY/NZD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD JPY Divergence is increasing on Yen future prices and market positioning. Yen is at it’s 24-year low, net-short exposure is at its least bearish level since March 2021. Over
Gold Loses Some Sheen as Hawkish Fed Outweighs Softer Inflation It’s been difficult for Gold to keep its bullish movement even though inflation data supporting the view that the Fed’s rate hikes are slow. Perhaps a bit of base and
Upcoming Market Updates: NZD, GBP, EUR, USD NZD: Business NZ Manufacturing Index, it measures Level of a diffusion index based on surveyed manufacturers. NZD: FPI m/m, it measures Change in the price of food and food services purchased by households.
Weak US CPI, EUR/USD It was the sort of movement which was needed. The most anticipated US inflation report lived up to expectations in terms of market impact as the dollar plunged and everything else went up, including all foreign
Upcoming Market Updates: NZD, GBP, USD NZD: Visitor Arrivals m/m, it measures Change in the number of short-term overseas visitors who arrived in the country. GBP: RICS House Price Balance, it measures Level of a diffusion index based on surveyed
USD/CAD: A Tale Of Two Labor Markets Traders are still trying to digest last week’s US jobs report, but one thing is clear that The US labor market is outperforming Canada’s labor market. Markets are starting to settle into the
Upcoming Market Updates: PY, CNY, EUR, USD PY: PPI y/y, it measures Change in the price of goods sold by corporations. CNY: PPI y/y, it measures Change in the price of goods purchased and sold by producers. CNY: CPI y/y,
US CPI Preview: Are we past peak inflation? Price pressure may show slowing down while the Fed’s preferred Core CPI measure shows that underlying inflation is still rising. Tomorrow the US Bureau of Labor Statistics will release the July Consumer
Upcoming Market Updates: GBP, AUD, JPY, USD GBP: BRC Retail Sales Monitor y/y, it measures Change in the value of same-store sales at the retail level. GBP: M2 Money Stock y/y, it measures Change in the total quantity of domestic
RBNZ survey of Expectations, NZD The expectations form RBNZ’s latest survey shows inflation over coming years will remain high. The trend is seen higher in recent quarters looks like arrested and the expectations easing at some of the key medium-term
