EUR/USD managed to edge up as the ECB expressed some cautious optimism. Another appearance by Draghi as well as inflation and trade figures stand out in the upcoming week. Mario Draghi talks: Monday, 13:30. The President of the ECB has another opportunity to move the euro.German CPI (final): Tuesday, 7:00.German ZEW Economic Sentiment: Tuesday, 10:00. The all-European figure stood at 17.1 points last time and is expected to hit ...
Reinforcing expectations of an interest rate hike by the Federal Reserve next week, the Labor Department released a report on Friday showing stronger than expected job growth in the month of February. The Labor Department said non-farm payroll employment jumped by 235,000 jobs. more...
Today, Nvidia launched the GTX 1080 Ti ($699), its new highest-end consumer GPU. This release follows a pattern Nvidia established with the GTX 700 series back in 2013 of releasing a new workstation / prosumer GPU at the highest end of the market (the original Titan back then), followed by a cheaper consumer variant some months later. The “Ti” cards have historically been much better values ...
USD/JPY Weekly USD/JPY has turned up within its channel but preference remains for sideways trade. There are a few reasons for wanting to fade strength and buy weakness (range trade), chief among them is the fact that the 13 week average is flat and price levels are well defined. Generally speaking, 115.50-116.00 has been important on both sides of the market since December 2014. As long as price is below the level, the zone is resistance. ...