Fresh Growth Fears As US Retail Sales See Biggest Drop Since September 2009
Fresh Growth Fears as US Retail Sales See Biggest Drop Since 2009 Yesterday was not great for the Fed as the latest US data added to fears of a...
Posted On 15 Feb 2019
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Stronger US Dollar Weighs On Metals But Gold Stays Supported
Gold The yellow metal saw further consolidation this week, remaining within the range of the last two weeks as a lack of catalysts kept trading...
Posted On 15 Feb 2019
February US Consumer Sentiment And Trade Data
There could be some volatility in currency markets at the end of the trading session with the release of a series of second-tier economic data...
Posted On 15 Feb 2019
Non-manufacturing activity slips to the lowest level since July 2018
The services sector in the United States expanded at a slower pace in January. The Institute of Supply Management’s non-manufacturing PMI...
Posted On 15 Feb 2019
UK CPI Hits 12-Month Low
The latest CPI data this week has once again highlighted a loss of momentum in the UK economy. The data comes after a weaker than expected Q4...
Posted On 14 Feb 2019
OPEC is trying its best
With OPEC currently battling to turn the tide of lower oil prices through a cut in production, the latest industry data from the US will not make...
Posted On 14 Feb 2019
Carney Warns Of “Economic Shock” From No Deal
Speaking to members of parliament in the UK yesterday, BOE governor Mark Carney delivered a more balanced message than what we hav...
Posted On 13 Feb 2019
Q4 Japanese GDP
We are finally about to get the data that JPY traders have been waiting nearly three months for: the GDP change rate. As you might expect, this...
Posted On 13 Feb 2019
Slowdown Worries Continue To Plague The Eurozone
The Eurozone’s economy got off to a sluggish start in 2019. Latest forward-looking indicators showed as some of the Eurozone’s major economies...
Posted On 13 Feb 2019
RBNZ Interest Rate Decision And Statement
We could see some volatility in NZD pairs later in the Asian session around what is probably the most important and market-moving event of the...
Posted On 12 Feb 2019
UK Trade Deficit Widens On Brexit Stockpiling
Alongside the weaker than anticipated GDP print released yesterday, GBP was weighed down by data which showed a widening of the UK trade deficit...
Posted On 12 Feb 2019
SNB To Remain On Hold As ECB Tightening Postponed
With the ECB sounding more hawkish midway through last year, expectations of an eventual shift in policy by the SNB were building. However,...
Posted On 12 Feb 2019
New Zealand Unemployment Rate Rises To 4.3% In December 2018 Quarter
The latest unemployment report from New Zealand showed a disappointing performance from the labor market for the period. Data released by...
Posted On 12 Feb 2019
RBNZ to keep rates on hold, UK GDP expected to slow in Q4 2018
The week ahead will see the RBNZ holding its monetary policy meeting. Interest rates in New Zealand should remain unchanged at this week’s...
Posted On 11 Feb 2019
Further Round Of US/China Trade Talks Due As Deadline Approaches
Traders will be hoping for some positive headlines this week around the ongoing US/China trade talks, following the disappointing announcement...
Posted On 11 Feb 2019
RBA Warns Rate Cut Now Just As Likely As A Rate Hike
The Australian Dollar was sharply lower yesterday as, following on from the muted RBA meeting on Tuesday, RBA governor Philip Lowe struck a...
Posted On 07 Feb 2019
Oil Prices Down As Crude Stockpiles & US Production Rise
Disappointingly for bulls, crude oil prices were softer this week as the latest industry data showed yet another build in inventories. The latest...
Posted On 07 Feb 2019
Coming Up: January Japan Current Account
Coming up on Friday, if you are in Europe, or Thursday if you are in the Americas, we have two bits of important data that may have an impact on...
Posted On 07 Feb 2019
Trump Finally Delivers State Of The Union Address
There is no doubt that Trump’s speechwriters have an interesting job. When they aren’t busy helping the controversial president conjure up the...
Posted On 06 Feb 2019
Fourth Quarter NZ Employment
We could have some volatility in NZD pairs coming up on Wednesday at 20:45 CET (or 14:45 CET) with the release of a series of unemployment data...
Posted On 06 Feb 2019
U.S. Hiring Continues At A Steady Pace
The latest monthly jobs report from the United States showed that the economy posted a steady pace of job growth during January. The data comes...
Posted On 06 Feb 2019
UK PMIs Crater As Brexit Weighs On Activity
As Theresa May continues to battle to deliver her Brexit vision, the impact of the ongoing struggle is becoming clear. GBP continued its slide...
Posted On 05 Feb 2019
RBA Keeps Rates On Hold Citing Increased Downside
It’s hard to say that AUD bulls were disappointed by the RBA’s first decision to keep rates unchanged this month, as there was next to no...
Posted On 05 Feb 2019
Three Day Brexit Talks Begin For “Alternative Arrangements” To Irish Backstop
Three days of talks commence today between government officials, the Alternative Arrangements Working Group and both Leave and Remain MPs. The...
Posted On 04 Feb 2019
January NFP Review
Despite initial weakness in response to the January FOMC meeting last week, where the Fed struck a more dovish tone, USD was able to stage a...
Posted On 04 Feb 2019
Australia PPI And Commodity Situation
Overnight we had several bits of data released out of Australia which is an excellent opportunity to check up on what’s going on down under and...
Posted On 01 Feb 2019
Weaker USD & Optimism Over US / China Trade Talks Send Metals Soaring
Gold The Yellow metal was higher again this week, benefitting from a weaker US Dollar. In light of the first FOMC meeting of the year, the Fed...
Posted On 01 Feb 2019
Final 2018 Eurozone Growth Comes In Well Below Expectations
The final 2018 growth figures for the Eurozone will have no doubt been a massive disappointment to the ECB. At just 0.2% quarter on quarter,...
Posted On 01 Feb 2019
New Zealand Inflation Surprises To The Upside In Q4 2018
Summary Consumer prices rise by 0.1% during the three months ending December 2018 New Zealand’s annual inflation rate at 1.9% Fuel prices drag...
Posted On 01 Feb 2019
Copper & Iron Surge Higher on Trade Talk Optimism
Gold Gold prices have been slightly softer this week due mainly to a rebound in the US Dollar. Despite heavily delayed US news flow, due to the...
Posted On 18 Jan 2019
Japanese Inflation Hits Lowest Level Since May 2018
The latest Japanese inflation data did little to inspire hope in a change-of-course for BOJ policy anytime soon. Core inflation, which strips out...
Posted On 18 Jan 2019
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Intraday Technical Analysis 18 January
The Eurozone’s inflation report showed that consumer prices slipped more than expected. Headline CPI fell to 1.6% which was more than the flash...
Posted On 18 Jan 2019
Crude Stocks Fall More Than Expected, Build In Gasoline Stocks Skews Sentiment
Crude oil prices were able to recover initial losses this week as the latest data from the Energy Information Administration showed a larger than...
Posted On 17 Jan 2019
Europe’s Next Recession
Following the drop in US stock indices at the end of last year, there was quite a bit of press talk about a potential recession. But that has...
Posted On 17 Jan 2019
ECB’s Monetary Policy Meeting – Draghi To Take A Cautious Stand
The European Central Bank released its meeting minutes from the December monetary policy meeting last week. The minutes showed that ECB...
Posted On 17 Jan 2019
Intraday Technical Analysis 17 January
The markets continued to focus on Brexit which dominated the headlines for a second consecutive day. No less than 24 hours after the UK...
Posted On 17 Jan 2019
GBP Holds The Line As May Suffers Historic Defeat
In line with expectations, Theresa May’s Brexit bill was voted down in Parliament yesterday. However, the scale of motion against her far...
Posted On 16 Jan 2019
Intraday Technical Analysis 16 January
The markets traded shaky grounds on Tuesday amid a host of concerns. Reports from Washington revealed that there was no progress on the critical...
Posted On 16 Jan 2019
Intraday Technical Analysis 9 January
The U.S. dollar was seen making modest gains to recover from Monday’s losses. The markets were supported by the ongoing trade talks between the...
Posted On 09 Jan 2019
Intraday Technical Analysis 8 January
The U.S. Dollar traded weaker on Monday amid a host of mixed data. From the Eurozone, the Sentix investor confidence report showed a decline...
Posted On 08 Jan 2019
Intraday Technical Analysis 7 January
The U.S. Dollar closed flat on Friday. The day was marked with some mixed economic reports and a speech by Fed Chair Jerome Powell which sent the...
Posted On 07 Jan 2019
Intraday Technical Analysis 4 January
The U.S. Dollar eased back following the gains from Wednesday. On the economic front, the UK’s construction PMI eased to 52.8 which was below...
Posted On 04 Jan 2019
Intraday Technical Analysis 03 January
The U.S. Dollar posted strong gains on Wednesday as price action in the greenback sent most of its peers to close lower on the day. Gold prices...
Posted On 03 Jan 2019
Intraday Technical Analysis 02 January
The markets wake up to a new trading day of the year with the holiday season behind. Economic data picks up pace covering the latest for the...
Posted On 02 Jan 2019
Intraday Technical Analysis 31 December
The U.S. dollar was seen trading a bit weaker on Friday with the markets showing a mixed sentiment overall. The Japanese yen maintained its...
Posted On 31 Dec 2018
Intraday Technical Analysis 21 December
The U.S. dollar was seen trading volatile a day after the Fed hiked rates. On the economic front, the Bank of Japan’s meeting held yesterday did...
Posted On 21 Dec 2018
Intraday Technical Analysis 20 December
The FOMC held its meeting yesterday, and as widely expected, the Central Bank raised interest rates by another quarter point. This brought...
Posted On 20 Dec 2018
Intraday Technical Analysis 19 December
The U.S. dollar was seen trading weaker on Tuesday. The weakness in the greenback comes ahead of today’s Fed meeting. However, the USD was seen...
Posted On 19 Dec 2018
Intraday Technical Analysis 18 December
The Euro currency managed to rise as the U.S. Dollar was seen trading weaker. Economic data on the day showed that the final inflation for...
Posted On 18 Dec 2018
Intraday Technical Analysis 17 December
EURUSD (1.1306): The Euro currency was seen trending lower on Friday as the USD posted strong gains. Price action briefly broke past the support...
Posted On 17 Dec 2018
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Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use Privacy Policy