Forex Fundamental analysis - Page 61
Page 61 of 63 FirstFirst ... 115157585960616263 LastLast
Results 601 to 610 of 624

Thread: Forex Fundamental analysis

  1. #1
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    Forex Fundamental analysis

    Pitfalls in the ECB plans. Fundamental analysis for 26.08.2014

    Mario Draghi’s Friday’s speech in Kansas City marked a significant shift in emphasis in the policy of the ECB. However, over the years of the monetary union the Europeans have taken on so many restrictive measures that the practical realization of all that Draghi said would be extremely difficult. In fact, he shifted the responsibility for low inflation in the national government, calling the last to think about the growth of government spending.

    The fact is that as soon as there was a question about the need to tighten the belt, the European capitals went about it in the simplest way - they mercilessly closed long-term investment projects, which could have served as a basis for future growth. The logic here is more than clear as for the ordinary voter a set of social benefits is far more important. And now Draghi strongly suggests that governments begin to invest in infrastructure.

    Read more >>

    Not allowed!

  2. #601
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Pound is looking for support. Overview for 10.10.2019

    On Thursday afternoon, GBPUSD stopped falling but may resume its decline at any moment.

    The British Pound is growing a little bit against the USD on Thursday. The current quote for the instrument is 1.2227.

    The European Union and the United Kingdom continue debating on the Brexit. The current discussions are about the exact time of Britain’s exiting the alliance: right now, the time may yet be revised based on the existing deal draft. The European Council will meet on October 17th and 18th, so if the parties do have any thoughts on delaying the Brexit, they should be voiced prior to these dates.

    The United Kingdom is scheduled to publish a lot of macroeconomic reports today. For example, the August GDP report, which is not expected to increase after adding 0.3% m/m in July. Apart from this, investors will be offered the Industrial Production report, which is also expected to remain the same after adding 0.1% m/m/ the month before. The Manufacturing Production may expand by 0.1% m/m, which is worse than the July reading. The Construction Output may drop by 0.4% m/m after being +0.5% m/m in July.

    Read more >>

    Not allowed!

  3. #602
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Pound rose thanks to progress in Brexit talks. Overview for 11.10.2019

    On Friday morning, GBPUSD remains energetic and is ready to rise thanks to progress in Brexit talks.

    The British Pound intends to keep growing against the USD on Friday. The current quote for the instrument is 1.2450.

    The Pound skyrocketed yesterday after investors found out that the United Kingdom was ready to make significant concessions in the Brexit talks. Pat Leahy, the Irish Times editor, twitted that “there had been very significant movement from the British side on the customs issue in the Johnson-Varadkar talks”.

    Yesterday, the British Prime Minister Boris Johnson and the Irish Taoiseach Leo Varadkar “held make-or-break Brexit talks”, after which market players started active debates on a possible deal soon. The “hardcore” Brexit is not a good thing for Ireland and here’s the reason why: according to the current calculations, this scenario might result in the hasty growth of unemployment, up to 7% on average. Later, it might get much worse.

    Read more >>

    Not allowed!

  4. #603
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Pound keeps its hopes to rise. Overview for 15.10.2019

    After a short pause, GBPUSD is back to growing; market players believe in the Brexit.

    The British Pound is rising against the USD again after a two-day pause. The current quote for the instrument is 1.2661.

    London and the European Union are coming to a head of the Brexit negotiations: the parties are running short of time for making a deal, but seem very determined to do it until the end of the month. This Thursday, October 17th, the EU is set to start its two-day summit and if there is no news relating to the Brexit by October 19th, the British Prime Minister is obliged by the law to ask for renewal of negotiations and extension of the deadline. However, this contradicts what Boris Johnson was saying during his ascendancy to the Prime Minister position.

    Right now, the United Kingdom really needs no pauses in this process. If the deal with the European Union is signed this week, Johnson will require some time to rush all documents through the British parliament.

    Read more >>

    Not allowed!

  5. #604
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Pound is waiting for the Brexit news. Overview for 16.10.2019

    GBPUSD is trading close to May’s highs; investors’ attention is focused on the Brexit deal draft.

    The British Pound moved a bit away from yesterday’s highs, but may yet continue rising. The current quote for GBPUSD is 1.2756.

    Last night, the Pound was pretty popular in the view of talks about the Brexit deal draft prepared by the United Kingdom and the European Union. They said that the draft might appear in the media on Wednesday morning, but there hasn’t been any news about it so far.

    Meanwhile, the talks continue. On Thursday, the EU is set to have the Brexit summit and some of the documents had to be ready at the opening.

    It seems like the Pound will remain volatile in the next 24 hours, so investors may try to benefit from everything that is relating to the Brexit procedure.

    Read more >>

    Not allowed!

  6. #605
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Pound slowed down its growth for a while. Overview for 17.10.2019

    On Thursday, GBPUSD is consolidating and waiting for the news from the European summit on Brexit.

    After a couple of positive trading sessions in a row, the British Pound is consolidating against the USD on Thursday afternoon and waiting for the news. The current quote for the instrument is 1.2765.

    Investors’ attention is focused on Brussels today, where European leaders are starting their two-day summit. The key topic is Brexit and it will easily beat any other subject policymakers may want to discuss.

    Earlier, representatives of both the United Kingdom and the European Union said that the managed to solve all disagreements that they had during these negotiations. On paper, the agreement may be concluded as early as today or tomorrow, so that the British Parliament could have time to approve the deal on its special meeting on Saturday. The British Prime Minister Boris Johnson will have to do his best to navigate the deal through the Parliament, the thing that the former Minister Theresa May failed to accomplish on several occasions.

    If the Parliament denies the deal with the EU, Johnson will have to ask the alliance for another extension. The current deadline is October 31st, so there is not much time left.

    However, it seems that those market players who invest in the Pound aren’t afraid of any possible complications from the Parliament, but as long as there is no news, they prefer to just watch and avoid any “sudden movements”.

    Read more >>

    Not allowed!

  7. #606
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Euro is trading at 6 weeks highs. Overview for 18.10.2019

    The major currency pair continues rising influenced by Brexit positive.

    EURUSD intends to continue its growth on Friday. The current quote for the instrument is 1.1124.

    The major currency pair is feeling fine while being supported by the news that the United Kingdom and the European Union agreed on the Brexit deal. The Euro did feel nervous while policymakers were trying to reach consensus, so now it is regaining its positions.

    Yesterday, the USA published a lot of numbers. First of all, the weekly Unemployment Claims report, which showed 214K against 201K last week. It’s not critical.

    The Housing Starts declined in September and was only 1.26M after being 1.39M in August and against the expected reading of 1.32M. The same for the Building Permits: 1.39M in September against 1.43M the month before.

    Read more >>

    Not allowed!

  8. #607
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Pound doesn’t believe in possible Brexit complications. Overview for 21.10.2019

    GBPUSD stopped rising; investors are waiting for the news from the British policymakers.

    The British Pound slowed down its growth against the USD. The current quote for the instrument is 1.2900.

    Last week, the European Union and the United Kingdom agreed on the deal that might help to carry out the exiting procedure according to a “soft” scenario, which implied minimum damage to the British economy. The British Prime Minister Boris Johnson managed to persuade the European policymakers to consider the aspects that were the most important to the Brits. Everything was good, but no one could predict what would happen later.

    During its emergency meeting last Saturday, the British Parliament declined the deal, which means that policymakers might go back to discussing it today-tomorrow, but Johnson is highly likely to be forced to ask the European Union for another delay, this time until January. We remind you that the Brexit was set for October 31st, but the deal is there yet.

    Read more >>

    Not allowed!

  9. #608
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Euro is saving strengths. Overview for 22.10.2019

    On Tuesday morning, the major currency pair is waiting for the Brexit news and saving strengths in anticipation of the ECB meeting.
    EURUSD is consolidating without any particular direction on Tuesday. The current quote for the instrument is 1.1155.

    So far, there is no news relating to the Brexit as the Parliament Brexit Vote is scheduled for 12:30 GMT. That’s why the best thing for investors to do is saving strengths.

    This Thursday, October 24th, the European Central Bank is set to have another meeting. There are two key points here. The first one is that this will be the last meeting of the regulator in 2019. The second one – it will be the last meeting Mario Draghi acts as the ECB Governor. On November 1st, 2019, Christine Lagarde will take the office and become the first woman in the position of ECB President. It is her, who will assess the results of the QE announced earlier and expand the list of stimulus tools. Sooner or later, she will have to do this, there are no doubts about it.

    The tools the ECB has aren’t very numerous. It might well be that the regulator will have to slowly decrease the interest rate, but let's not run ahead.

    Read more >>

    Not allowed!

  10. #609
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    They are selling the Pound on Wednesday. Overview for 23.10.2019

    GBPUSD is moving downwards after House of Commons of the United Kingdom approved the Brexit deal.

    The British Pound is falling against the USD on Wednesday morning. The current quote for the instrument is 1.2860.

    The British Prime Minister Boris Johnson has finally succeeded in persuading the Parliament to approve Brexit deal her earlier made with the European Union. It took two ballots, the first one last Saturday, which failed, and the second one this Tuesday, which finally succeeded: 329 votes for and 299 votes against.

    However, this approval doesn’t guarantee that the same House of Commons will have no problems in quickly ratifying the deal. However, it’s a very important step for Johnson, because he managed to pass at least the first obstacle of his way.

    Right now, no one can be sure that the Brexit will really start on October 31st as was scheduled before. The ratification itself may be a serious problem. Johnson said that the EU wouldn’t likely agree to postpone the deadline one more time, that’s why he was trying to force the process, even if the British policymakers failed to ratify the exiting procedure and refused to implement it on the legislative level.

    Read more >>

    Not allowed!

  11. #610
    RoboForex RoboForex Columnist's Avatar
    Join Date
    Jan 2013
    Posts
    9,587
    Thumbs Up
    Received: 46
    Given: 2

    The Euro is keeping balance. Overview for 24.10.2019

    On Thursday, EURUSD remains stable; it is still waiting for the news.

    The major currency pair is quite inactive on Thursday morning – there will be a busy day ahead. The current quote for the instrument is 1.1135.

    The statistics published yesterday showed that the Consumer Confidence in the Euro Area deteriorated and was -8 points in October after being -7 points in the previous month. It’s not good news for the European currency, but not surprising at the same time.

    There will be a lot of October numbers from Europe today, such as the Manufacturing and Services PMIs from Germany, France, and the Euro Area itself. All reports are preliminary and barely expected to have any influence on the major currency pair. However, they may provide insight into what is currently happening in the region.

    In the afternoon, the European Central Bank is scheduled to have another meeting. Everything has already been said, but the regulator’s comments might be interesting.

    Read more >>

    Not allowed!

Page 61 of 63 FirstFirst ... 115157585960616263 LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •