The DAX index has posted gains in the Thursday session. Currently, the index is at 10,879, up 0.25% on the day. In economic news, Eurozone CPI dropped sharply to 1.6% in December, down from 1.9% a month earlier. This marked the lowest level since April. With the eurozone struggling, there are plenty of headaches for […]
Author: Kenny Fisher
USD/CAD has posted gains in the Thursday session. Currently, the pair is trading at 1.3309, up 0.40% on the day. On the release front, Canadian ADP nonfarm payrolls fell by 13.0 thousand in December, after a strong gain of 39.1 thousand a month earlier. In the U.S., unemployment claims dropped to 213 thousand, below the […]
Dollar/yen was unchanged last week, taking a breather after three successive winning sessions. Will the yen’s rally continue? With a lack of key events this week, investors will be keeping a close eye on the U.S. government shutdown and progress …
GBP/USD had its strongest week since October, capitalizing on the broadly weaker U.S dollar. The upcoming week could see strong volatility, as parliament votes on the Brexit withdrawal deal. The key events in the upcoming week are testimony from BoE Go…
The Australian dollar posted gains for a second straight week, as the currency has started 2019 in fine form. This week’s key event is consumer confidence. Here is an outlook for the highlights of this week and an updated technical analysis for A…
EUR/USD has ticked lower on Friday, following sharp losses in the Thursday session. Currently, the pair is trading at the 1.06 line. On the release front, it’s a quiet end to the trading week, with no major releases. German PPI posted a gain of 0.7%, beating the estimate of 0.3%. In the US, the sole […]
Gold prices are almost unchanged on Thursday, continuing the lack of activity in Wednesday. In the North American session, the metal is trading at $1226.19. On the release front, there were a host of key events and the readings were mixed. CPI matched expectations at 0.4%, but Core CPI came in at 0.1% shy of the estimate […]
US crude prices are showing little movement on Thursday. In North American trade, WTI/USD futures are trading at $45.75. Brent crude futures are trading at $46.82, as the Brent premium stands at $1.07. On the release front, there were a host of key events and the readings were mixed. CPI matched expectations at 0.4%, but Core […]
The Canadian dollar is unchanged in the Thursday session. Early in the North American session, USD/CAD is trading at 1.3430. On the release front, Canadian Foreign Securities Purchases dropped to C$11.77 billion. In the US, CPI numbers were a mix, as CPI matched expectations at 0.4%, but Core CPI came in at 0.1% shy of the […]
GBP/USD is showing limited movement on Thursday. Early in North American trade, the pair is trading at 1.2460. On the release front, it’s a very busy day. British Retail Sales jumped 1.9%, well above the estimate of 0.5%. It marked the key indicator’s second highest gain in 2016. In the US, CPI numbers were a […]