British Second Estimate GDP, one of the most important economic releases, is published each quarter. GDP measures production and growth of the economy, and is considered by analysts as one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the pound. Here are all the details, and 5 … “GBP/USD: Trading the British Second Estimate GDP”
Category: Opinions
3 Reasons Why We Still See EUR/USD Falling To Parity
EUR/USD is sliding form the highs but still keeps a distance of no less than 10 big figures from parity. Nevertheless, the team at Deutsche Bank sees a fall to parity and beyond: Here is their view, courtesy of eFXnews: Deutsche Bank remains committed to its bearish EUR/USD forecasts and looks for a move down to … “3 Reasons Why We Still See EUR/USD Falling To Parity”
Play the 1.40 level on GBP/USD
Ryan Littlestone, Director and Trading Analyst for Forex Live, joined Zak Mir, Technical Analyst for Zak’s Traders Cafe, on the Tip TV Finance Show to discuss the increase in trading fear on the back of developments in a Brexit, and to show how to trade the GBP/USD in the near-term. Topics Covered: Forex, USD/JPY, EUR/GBP, … “Play the 1.40 level on GBP/USD”
EUR/PLN: Concern and Confidence
The Easternmost members of the European Union have similar economies with similar outlooks. It’s important to note that Hungary, Czech Republic and Poland have robust manufacturing export economies within the EU. One notable example is semi-manufacturing automobile production with Germany. Fortunately, this was among the strongest sectors in the 2015 global economy. Robust demand from … “EUR/PLN: Concern and Confidence”
USD: Sideways; EUR: Upward Pressure – Barclays
While the US dollar looks a bit mixed, the team at Barclays has a clear tendency about the euro, and they provide their views: Here is their view, courtesy of eFXnews: USD: Resilient inflation The latest prints in wage increases and inflation have been relatively supportive for the USD. After having reached multi-year highs in mid-January, … “USD: Sideways; EUR: Upward Pressure – Barclays”
Are Central Bankers Out Of Ammunition? – BofA Merrill
The words uncertainty and volatility have a strong presence and usually we had central banks stabilizing things at these times. But are they out of ammunition? The team at Bank of America Merrill Lynch explains: Here is their view, courtesy of eFXnews: …Central banks still can move the markets, but do they have enough ammunition to … “Are Central Bankers Out Of Ammunition? – BofA Merrill”
US data is on a winning streak – the Fed
US figures were quite lousy for quite some time, but things are a-changin. Here are few things to note. Consumption remained illusive: the fall in the price at the pump was supposed to leave more money in Americans’ pockets but they didn’t spend it. Report after report, the headlines talked about a disappointing retail sales read. … “US data is on a winning streak – the Fed”
Traditional drivers of FX undermined – GBP/USD to 1.35
Simon Smith, Chief Economist for FxPro, joined Zak Mir on the Tip TV Finance Show to discuss the move away from traditional drivers of the FX market, using UK and US current account deficit and GBP/USD to show the developing situation. Topics Covered: FX Market, USD/CAD, Fed, GBP/USD, UK, US, Current Account, Brexit Get the … “Traditional drivers of FX undermined – GBP/USD to 1.35”
Here Is Why EUR/USD Set To Rally Despite ECB Easing
The ECB is about to ease in March: it told us so. However, the team at BNP Paribas still sees the common currency rallying against the greenback. Here is their view, courtesy of eFXnews: In its weekly note to clients today, BNP Paribas discusses its outlook for EUR/USD making the case for the pair to … “Here Is Why EUR/USD Set To Rally Despite ECB Easing”
GBP/USD: Trading the British Retail Sales Feb 2016
British Retail Sales is considered one of the most important economic indicators. A reading that is higher than the market forecast is bullish for the British pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Friday at 9:30 GMT. Indicator Background Retail Sales is the primary gauge of consumer spending, a critical component of economic … “GBP/USD: Trading the British Retail Sales Feb 2016”