FOREX Daily Outlook by Easy-Forex.com Yen Sold Sharply as Abe wins Japanese Elections U.S. Dollar Trading (USD) the USD was sold as the EUR/USD broke to fresh year highs above 1.3180. Over the weekend we saw the Japanese opposition win the general election with promises of aggressive easing to help stimulate the struggling economy. The […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen slumps on election landslide Morning Report: 08.30 London • This morning, the Japanese yen has had a volatile session after the main opposition party in Japan won a landslide victory. The LDP is expec ted […]
FOREX Daily Outlook by Easy-Forex.com Profit Taking Sweeps Markets U.S. Dollar Trading (USD) a delayed ‘buy the rumor, sell the fact’ hit the markets Thursday with traders locking profits from the FED QE4 Rally overnight. We saw large USD buying against Gold and Dollar gains against all the FX majors. Weekly Jobless Claims were very […]
Read the Daily Market Report from Dave Evans, Professional Trader China manufacturing on the rise again Morning Report: 08.30 London • Financial markets are on the rise again this morning as China manufacturing shows signs of recovery with Manufacturing PMI coming in at 50.9. Stock markets […]
Read the Daily Market Report from Dave Evans, Professional Trader Weak dollar trend continues after Fed Morning Report: 08.30 London • This morning, the dollar and yen are continuing to weaken after yesterday’s decision by the Fed to effectively extend low i nterest rates for longer […]
FOREX Daily Outlook by Easy-Forex.com US FOMC Interest Rate Decision Ahead U.S. Dollar Trading (USD) a stronger than forecast German ZEW survey sparked a rally that continued in New York with traders optimistic about the FOMC decision later today. US November Trade Balance at -42bn vs. 41bn previously. The market has now priced in dovish […]
FOREX Daily Outlook by Easy-Forex.com EUR/USD Bounces off 1.2880 U.S. Dollar Trading (USD) traders continued to take an optimistic view of the global economy focusing on the stronger Chinese/US data and less on Spain/Italy and ‘fiscal cliff’. US Stocks rallied ahead of the FOMC on Wednesday which analysts suggest may contain further easing for the […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slow after mixed data. Morning Report: 08.30 London • Markets are sluggish this morning after mixed economic data overnight. In the UK, the RICS house price balance dropped more tha n expected, while Chinese new […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slip on China trade data Morning Report: 08.30 London • Financial markets have started the week on the back foot after Chinese trade balance data came in well below estimates. In addit ion, Australian home […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro drops again ahead of US payrolls Morning Report: 08.30 London • Markets are generally quiet as is usually the case before the release of the latest US Non Farm Payrolls, but there is notable movement […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slip on US fiscal deadlock Morning Report: 08.30 London • This morning, financial markets are slipping back as the fiscal cliff deadlock continues. The euro is also under pressure after rati ngs agency S&P declared […]
FOREX Daily Outlook by Easy-Forex.com EUR/USD Extending Rally U.S. Dollar Trading (USD) the Dollar was sold across the board even with soggy US stocks as the ‘fiscal cliff’ negotiations continued and little progress being made. The Bank of Canada held Interest Rates at 1.0% as widely expected. The EUR/USD rally is lifting most currencies higher […]
Read the Daily Market Report from Dave Evans, Professional Trader China leads markets higher Morning Report: 08.30 London • This morning Chinese equities have led the global rise in financial markets, with the S&P 500 futures pointing to a positive session for eq uities and other […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie rallies despite rate cut Morning Report: 08.30 London • This morning, the Australian dollar is on the rise despite the RBA cutting rates back to 3% for the first time since 2009. Click here to […]
FOREX Daily Outlook by Easy-Forex.com Chinese Manufacturing Bounces Back U.S. Dollar Trading (USD) a weak equity close was seen on Friday after US Fiscal Cliff negotiations showed signs of stalemate. A big week of economic data ahead will be critical for sustaining the recent gains and we expect a lot of volatility. Friday’s NonFarm Payrolls […]
Read the Daily Market Report from Dave Evans, Professional Trader China data boosts markets Morning Report: 08.00 London • Financial markets are on the rise this morning after Chinese manufacturing data came in better than expected. It was also a weekend which largely saw significant bad […]
FOREX Daily Outlook by Easy-Forex.com Risk appetite back on the table The euro (EUR) is staging an impressive rebound against most of its major counterparts, as market participants see light at the end of the tunnel for the US fiscal cliff situation. President Obama shared his optimism that a deal with Congress may be […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen sinks as Japan unveils stimulus package Morning Report: 08.00 London • This morning the main movement is on the yen pairs after the Japanese government moved early to action a 880bn yen stimulus package ahead […]
FOREX Daily Outlook by Easy-Forex.com Risk appetite back on the table The euro (EUR) is staging an impressive rebound against most of its major counterparts, as market participants see light at the end of the tunnel for the US fiscal cliff situation. President Obama shared his optimism that a deal with Congress may be […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets quiet ahead of US GDPMorning Report: 08.15 London• This morning, financial markets are quiet, pending the latest US GDP figures which are expected to rise by 2.8%. • The m ain mover is the Australian […]
FOREX Daily Outlook by Easy-Forex.com Deal on Greece is pushing EUR higher The euro (EUR) is rising across the board against most of its major counterparts, as the eurogroup meeting reached an agreement on Greece. The eurozone finance ministers consented after 13 hours of negotiations to lower the interest rates on bilateral loans to […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen pushes higher as markets focus on US fiscal cliffMorning Report: 08.15 London• This morning financial markets are slipping lower as attention returns to the dangers posed by the US fiscal cliff deadline. The Japanese yen […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets rally on Greek debt dealMorning Report: 08.15 London• Markets have a positive bias this morning after international leaders agreed an overhaul of the Greek debt program. The main meat of the changes are a reduction […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen leads in early tradingMorning Report: 08.15 London• After markets staged a powerful rally into the close on Friday, ‘risk on’ assets are on the back foot this morning. The main winner has been the Japanese […]
Read the Daily Market Report from Dave Evans, Professional Trader Dollar weaker as hopes riseMorning Report: 08.15 London• Financial markets have a positive bias this morning as hopes rise for a deal for Greece and for the EU budget. The dollar index is dropping off as […]
Read the Daily Market Report from Dave Evans, Professional Trader China data boosts marketsMorning Report: 08.15 London• This morning financial markets are on the rise again after Chinese PMI rose to its highest level since October 2011. The strong sentiment around Thanksgiving played out once again, […]
FOREX Daily Outlook by Easy-Forex.com Middle East Tension Sparks Oil Volatility U.S. Dollar Trading (USD) US data missed overnight and this led to another day of heavy losses. Middle Eastern tensions spiked higher overnight with Israel bombing Gaza. The Dollar was bought on safe haven demand making its biggest gains against the Yen which was […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro drops after failure on Greek talksMorning Report: 08.15 London• The euro is under pressure this morning after Eurogroup officials failed to reach an agreement on Greek debt. Officials are claiming that it is a mere […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro leads in mixed tradingMorning Report: 08.15 London• This morning, the euro is overcoming the early disappointment of poor German PPI figures to take the lead this morning. The euro has continued to outpace it’s neighbour […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets rise on US budget hopesMorning Report: 08.15 London • Typical of a Monday morning, market movements have so far been tentative, with no unexpected news over the weekend. What movement there has been is on […]
