US Dollar Forecast – A Risk Response is Clear, But How Does the Dollar React to Election? There is little doubt that the US Presidential Election next week is the global market’s top event risk. The implications for risk trends is clear with the longest slide for the benchmark S&P 500 in 36 years (9-day) through Friday. Euro Forecast - Let's Not Pretend Otherwise: Only One Thing Matters for EUR/USD This Week EUR/USD ...
D1 price is located above 200 period SMA and 100 period SMA for the primary bullish market condition with the secondary ranging within Fibo resistance level at 1.1615 and Fibo support level at 1.1214: 61.8% Fibo support level at 1.1367 is going to be crossed by the price from above to below for the secondary correction to be started;RSI indicator is estimating the ranging bullish condition in the near future. If the price will ...
US Dollar Forecast – Dollar Struggles as Rate Disbelief Lingers, Euro and Yen Gain Ground The Dollar dove to end this past week at its lowest level in 11 months. The extension of the currency’s slide from its 13-year high set back in late January (now down over 4.5 percent) was fueled by a distinct loss of traction in rate forecasts. Euro Forecast - EUR/USD Showing Strength, But Data Still a Mixed Bag The Euro just capped ...
2014-12-15 13:30 GMT | [USD - CPI] past data is 0.2%forecast data is 0.2%actual data is 0.2% according to the latest press release [USD - CPI] = Change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. ========== ...
2014-12-15 10:00 GMT | [EUR - German ZEW Economic Sentiment] past data is 10.4forecast data is 15.2actual data is 16.1 according to the latest press release [EUR - German ZEW Economic Sentiment] = Level of a diffusion index based on surveyed German institutional investors and analysts. It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic ...