EUR/USD: Value of the Bearish Bets Hits an 11 Month Low

EUR/USD: Value of the Bearish Bets Hits an 11 Month Low in the Options Market in spite of the FOMC Rate Decision. The value of the bearish bets hits an 11 Month low in the options market in spite of the most important FOMC rate decision which is scheduled for tomorrow. The three-month risk reversals are seen at the -0.325 level which is …

Read moreEUR/USD: Value of the Bearish Bets Hits an 11 Month Low

AUD Weekly Forecast – March 18 to 22

Australia is likely to unveil its market labor data this week. According to experts, there are chances for Aussie to move higher against the other major currencies this week. The RBA Meeting Minutes The Reserve Bank of Australia kept its policies stable for a continuous period of twenty-eight months. Analysts did not take into consideration Governor Lowe and his team …

Read moreAUD Weekly Forecast – March 18 to 22

AUD Weekly Review – March 11 to 15

AUD Weekly Review – Global Risk Sentiment and Counter Currency Catalysts,  the main drivers for the Aussie Pairs. The counter currency catalysts and the global risk sentiment were the two major factors for the diverse week of performance among the Aussie pairs. The headlines and economic updates from Australia were very less this week. Hence the global risk sentiment and …

Read moreAUD Weekly Review – March 11 to 15

AUD: US Relative Growth Comparisons to Remain a Windstorm | Pound Falls : UK Lawmakers Vote to Reject Leaving EU

AUD: US Relative Growth Comparisons to Remain a Windstorm for the Australian Dollar over the Forecast Period. According to analysts, the concerns are now on the declining house prices and soft household income growth on consumption. Analysts say they are expecting the growth to stay below the trend at 2.2% a year in 2019 and 2020 as well. However, the US relative …

Read moreAUD: US Relative Growth Comparisons to Remain a Windstorm | Pound Falls : UK Lawmakers Vote to Reject Leaving EU

EUR/USD: The Three Day Winning Streak Slows Down. Dollar Selling to Start Again.

EUR/USD: The Three Day Winning Streak to Slow Down near the 200 Hour MA Hurdle. Dollar Selling to Start Again if the European Equities trade Bullish. The three-day winning streak of the EUR/USD currency pair seems to have slowed down near the 200-hour moving average hurdle. The currency pair is trading at the 1.1284 level after reaching a high of …

Read moreEUR/USD: The Three Day Winning Streak Slows Down. Dollar Selling to Start Again.

GBP/USD: Experiences a Pullback. PM May Counters another Challenge to the Brexit Proposal

GBP/USD: Experiences a Pullback Today. PM May to Counter another Challenge to the Brexit Proposal at the British Parliament. The GBP/USD experienced a pullback today while moving towards the European Session. The currency pair moved towards the 1.3290 level after the Strasbourg report stated that the UK Prime Minister May is likely to get the last minute concessions on the …

Read moreGBP/USD: Experiences a Pullback. PM May Counters another Challenge to the Brexit Proposal

Pound Falls Because of the Brexit Issues. Dollar Moves Up, Traders Concentrate on Economic Data

Pound Falls because of the Nervousness on the Brexit Issues. Dollar Moves Up as Traders Concentrate on the Economic Data. The Pound fell during the Asian session today because of the nervousness on the Brexit issues. But the US Dollar, however, seems to be moving upwards as the traders concentrate on the fresh batch of US economic data this week. …

Read morePound Falls Because of the Brexit Issues. Dollar Moves Up, Traders Concentrate on Economic Data

AUD Weekly Review March 4th to 8th.

Chinese Economic Updates Influence AUD pairs. Ausiee Underperforms against the Japanese Yen, Kiwi, and the US Dollar. AUD pairs were seen all over this week. The AUD currency pairs were very much influenced by the counter currency catalysts. The currency pair was influenced more by the Chinese economic updates rather than the Australian updates and the global risk sentiment especially …

Read moreAUD Weekly Review March 4th to 8th.

Euro Faces a Big Hit because of the Outcome from the ECB’s Meeting. 

Euro Faces a Big Hit because of the Outcome from the ECB’s Meeting.  ECB to keep the Interest Rates Unchanged this Year. Euro faces a big hit because of the ECB’s economic forecast, the delay in the rate hike and the new cheap bank loans. The traders are likely to focus on the U.S employment data which is to be …

Read moreEuro Faces a Big Hit because of the Outcome from the ECB’s Meeting.