2019

The US dollar was seen closing last week with some solid gains. This came during the week, where the greenback already posted strong gains. Friday’s GDP report showed that the US economy grew 2.1% in the three months ending June 2019. This…
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The week ahead will mark the start of August. As a result, this week's economic calendar will see a pickup in activity towards the second half. The data from the United States will be of particular importance as it includes the Fed meeting,…
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It's a common trope on social media and among screenwriters that the stock market is just gambling; that people who invest in the financial markets are speculators, who only get lucky on their trades. Yet traders will insist that what…
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The ECB president sent a strong signal to investors expecting an immediate rate cut yesterday. Forward guidance indicated that rates are expected to remain at current or lower levels at least through Q1 of 2020. This is despite the fact…
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After a pretty quiet week on the economic front in Mexico, time to get ready for macro data to start picking up. We'll be turning our attention to the Trade Balance, which is normally important for any currency. Given the trade situation…
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The US dollar was seen holding on to its gains, marking a seven-week high. However, with price closing flat on Wednesday, we could expect to see some downside in the near term. Flash manufacturing PMI from Markit showed the index falling to…
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The European Central Bank will be holding its monetary policy meeting later today in Frankfurt. The meeting will be crucial, considering that the ECB President Mario Draghi hinted at further easing a month ago. The monetary policy…
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It's never a good sign for the Euro when the words "technical recession" are brought up in analysts' talks. Of course last year Germany narrowly avoided one, but the economic news since then hasn't improved much. This has depressed the…
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