Central-Bankers, Political Plays & Frontline Data Points To Offer An Interesting Week

Sen, 21 Jan 2019 18:17

The U.S. Dollar Index (I.USDX) finally stopped its four-week long downturn as positive signals from likely trade-deal with China and dovish statements from global central-bankers pushed market players to the greenback. While USD was regaining its strength, the EUR continued trading southwards as not only sluggish data-points from France, Germany...


U.S. Holiday & Lack of Economics May Shift Market Attention To Politics

Sen, 21 Jan 2019 15:33


In spite of registering not so welcome data-points, the U.S. Dollar Index (I.USDX) marked first positive weekly closing in previous five as optimism surrounding Sino-US trade-deal & global central-bankers' favor for easy monetary policy portrayed market risk-on. On the other hand, the EUR had to respect disappointing stats from regional...


Trade Optimism Joins Slew of Economics To Offer Busy Friday

Jum, 18 Jan 2019 14:56

While growing optimism surrounding the US-China trade deal and upbeat print of Philly Fed Manufacturing Index propelled the U.S. Dollar on Thursday, Mr. Trump's comments to avoid global economic summit due to the government shutdown & excessive risk-on confined the greenback's further advances. Risk sentiments grew stronger after Wall Street...


Consumer-Centric Details To Play Their Roles

Kam, 17 Jan 2019 15:00

While British politics have already entertained momentum traders and market optimism seems coming back after upbeat US bank results, the leftover consumer-centric details from UK, US, Japan & Canada are still standing tall to offer magnified volatility during rest of the week.

Let's discuss recent headlines before jumping on forecast...


UK Still In Limelight

Rab, 16 Jan 2019 15:10

Even if US PPI registered downbeat readings and one more Fed official stressed patience for rate-hikes, not to forget on-going U.S. government shutdown, the U.S. Dollar Index (I.USDX) still managed to post a daily positive closing as ECB President conveyed dovish message and Theresa May witnessed humiliating defeat at Brexit...