2018

The economic calendar for the week ahead will see the BoE and RBNZ Meetings. The RBNZ’s meeting is due on Wednesday and this comes ahead of the quarterly inflation expectations report earlier in the week. Still the central bank is not…
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Australia consumer prices subdued in Q1 with core inflation staying below the Reserve Bank of Australia's inflation target. The soft print on inflation increases the expectations that the RBA could see interest rates going nowhere for a…
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There is no clear indication that the selloff is coming to an end. However, we are no in a congestion zone. With the intraday chart close to an exhaustion count, we look to sell into corrective rallies. Solid resistance is located at 150.00…
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Daily Forex Market Preview, 04/05/2018 The U.S. dollar was seen holding ground on Thursday albeit trading mixed. Economic data on the day included the UK's services PMI. Data showed that services sector activity increased modestly from…
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Daily Forex Market Preview, 04/05/2018 The U.S. dollar was seen holding ground on Thursday albeit trading mixed. Economic data on the day included the UK's services PMI. Data showed that services sector activity increased modestly from…
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Daily Forex Market Preview, 04/05/2018 The U.S. dollar was seen holding ground on Thursday albeit trading mixed. Economic data on the day included the UK's services PMI. Data showed that services sector activity increased modestly from…
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The Bank of Japan's monetary policy meeting held last week on Friday saw no major changes to interest rates or the central bank's QE program as widely expected. However, the BoJ removed its reference to following a time-frame for achieving…
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Crude oil prices showed no signs of losing momentum as price of the international Brent crude oil hit highs of $75 a barrel. The gains, which mark the highest high in nearly three and a half years, came about after mounting concerns that…
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In Wednesday’s Federal Reserve policy statement, the US central bank indicated that: “Inflation on a 12-month basis is expected to run near the committee’s symmetric 2 percent objective over the medium term”. The reference to symmetric…
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The Nonfarm Payroll (NFP) is a highly anticipated economic report which signals the strength of the US economy. It is closely analysed to predict Gross Domestic Product (GDP) growth and inflation rates and has the power to move global…
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