Fundamental Analysis

Possibly Yet Another Eventful Week Ahead in The Forex Market
February 02, 2015 - 15:05
In the final trading week of what could be termed as one of the most volatile months in the Forex market, the US Dollar witnessed some mixed performance against other major currencies. The US Dollar continued with its strong up-move against commodity currencies, namely - AUD, NZD and CAD and extended its recovery against CHF. The greenback, however, lost some weight against EUR, GBP and JPY on the back of weaker-than-expected fourth-quarter GDP and durable goods orders data. The US Dollar mixed performance led to some minor losses for the...
Crucial Events On Cards To Continue Stemming Forex Market Volatility
January 27, 2015 - 14:14
With the ECB announcing its much awaited QE details, €60 billion per month of bond purchases starting from March to September 2016, and an unexpected interest rate cut by the Bank of Canada (BoC), global central bankers kept fueling volatility into the largest financial market, Forex. The broadly weaker Euro dropped to fresh 11-year low against its US counterpart while the USDCAD rallied to near six year high. The Bank of Japan (BoJ) and the BoC lowered their forecast for inflation and growth numbers while the minutes of recent BoE...
Volatility To Continue Its Dominance In The Forex Market
January 19, 2015 - 16:00
With the overhang of the Greek political uncertainty, last week, which preceded the much awaiting ECB monetary policy decision, was expected to remain sluggish. However, the Swiss National Bank (SNB) surprised the financial markets by eliminating its three-year-old policy to cap the Swiss Franc (CHF) at 1.2000 against the Euro (EUR), making it one of the most dramatic weeks in Forex market. The SNB announcement triggered a sharp spike in volatility, fueling demand for perceived safe-haven currencies, namely USD and JPY. The Euro-zone...
Black Thursday: How SNB stumbled Forex Market
January 17, 2015 - 17:18
Of-late global financial market have been facing one of the most uncertain times where investors have been taken by surprise by some unexpected central bank actions. One such event, already called Black Friday happened on Thursday when the Swiss National Bank (SNB) took a U-turn to abolish its three-year-old policy to cap the Swiss Franc (CHF) at 1.2000 against the Euro (EUR). SNB also pushed the interest rate on sight deposits to -0.75% from -0.25%. SNB’s status as a financial haven seems to have played a BIG role behind this move...
CPI Data to Fuel Volatility in The Forex Market
January 12, 2015 - 15:34
In the first full trading week of 2015, the US Dollar had a mixed performance against other major currencies. The overall US Dollar Index (I.USDX) traded higher for most of the week, but gave up some ground on Friday as stronger-than-expected December employment report was overshadowed by a decline in wage growth. Contraction in hourly wage growth convinced investors about the possibilities of the Fed keeping patience before raising its benchmark interest rate. Meanwhile, the ISM non-manufacturing PMI remained firmly in expansion...
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