Draghi hails the solid economic expansion – EUR/USD looks solid

The president of the ECB has increasing confidence that the economic expansion is solid. This sounds like an upgrade in comparison to previous statements, which acknowledged the progress but did not sound so optimistic. However, inflation hasn’t reached the point of being self-sustained. Draghi is basically keeping things balanced with the normal caution about inflation. However, […]

Dagens option – PUT på NZDUSD 17.11.2017

Dagens option är en analyscykel för binära optioner som utförs i samarbete med uTrader. Varje dag presenterar vi de bästa PUT eller CALL alternativen för det valda finansiella instrumentet tillsammans med den nuvarande tekniska analysen. Golvet i den stigande kanal bröts igår. Senare nedgångar kom emellertid bara i närheten av det närmaste tekniska stödet, där en efterfrågereaktion […]

Canadian ADP report shows a drop of 5.7K jobs

Canada’s manufacturing sales rose by 0.5%, beating expectations. Foreign securities purchases also came out better than expected at 16.81 billion. USD/CAD is falling to 1.2748. This is also due to the series of disappointments in US data. Everything is pushing USD/CAD lower. Update: the ADP NFP came out and it shows a drop of 5.7K jobs […]

AUD/USD: Mixed jobs report, mixed reaction

The Australian economy gained only 3.7K jobs in October, significantly below the 18.9K that was expected. On the other hand, the previous figure was revised up from 19.8K to 26.6K, softening the blow. The unemployment rate fell to 5.4%, beating expectations and standing at the lowest since February 2013, the best in over four and […]

NZD/USD: After the storm, what’s next?

The kiwi dollar had a rollercoaster period following the elections. Jacinda Ardern’s ascent to leading the country was accompanied by a big fall in the currency, especially due to the plans to change the RBNZ’s mandate. What’s next? Here are two opinions. Here is their view, courtesy of eFXnews: NZD/USD: Relatively Calm After A Busy […]