Daily Forex Market Report

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EURUSD looks to Draghi for policy clues

EURUSD looks to Draghi for policy clues - Following Tuesday’s weakening in the US dollar, prices were seen stabilizing yesterday with the markets now waiting for the ECB’s...

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Forex Daily Analysis (2016.08.16)

Forex Daily Analysis - EURUSD remained to trade in a range with prices seen re-testing 1.120 handle earlier today. Today's US consumer inflation report and US building permits...

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Daily Forex Market (2016.08.12)

Daily Forex Market - The US dollar index managed to close bullish yesterday, forming an inside bar in the process. A break out from this level could signal further gains or...

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Forex Daily Analysis (2016.08.08)

Forex Daily Analysis - The US dollar is likely to extend its gains after Friday’s payrolls report. The economic data remains light today with no major releases in sight. Expect...

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Markets await NFP (2016.08.05)

Markets await NFP - July’s nonfarm payrolls report will be the main calendar event to watch for today. A positive beat on expectations will most likely induce dollar buying...

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Big day for the British pound (2016.08.04)

Big day for the British pound - The Bank of England’s monetary policy meeting today will be the big event as the markets brace for a rate cut. What will determine the price...

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EURUSD maintains sideways pattern (2016.08.02)

EURUSD maintains sideways pattern - The euro continues to trade flat against the dollar with 4-hour sessions shows prices forming multiple inside bars. Japan is expected to...

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Forex Daily Analysis (2016.08.01)

 Forex Daily Analysis - The US dollar fell sharply on Friday after the Q2 GDP data showed that the US economy grew only 1.20%, much less than the forecast of 2.60%....

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