Fundamental Analysis

The US Census Bureau will be releasing the monthly statistics on new home sales for the month of July. The data is expected to show a 6% increase on a month over month basis, to 645k units. In June, new home sales rose 7%, to 646k units… Read More

Overnight, we could get the most important economic data from New Zealand for the week. And an important indicator of what we might expect for their dollar in the future! Unlike most other countries, the Kiwis track retail sales only on… Read More

USD Firmer Following FOMC Minutes The US dollar has been a little firmer over the European morning on Thursday following the FOMC minutes yesterday. The minutes revealed little in the way of new information, though did show that “most”… Read More

Its been another frustrating week for crude traders given the initial rally in the market, and subsequent retracement lower. Oil was boosted mid-week by the latest industry reporting which showed an unexpected drawdown in US… Read More

The European Central Bank will be releasing the meeting minutes from the July 25th monetary policy meeting. Typically, meeting minutes don't reveal much information during periods where the central bank is maintaining the status quo.… Read More

FOMC Meeting Minutes Next The US dollar has been lightly sold over the European session so far today. Following on from losses seen yesterday, the USD index had posted a mild recovery overnight. Today, however, it has since come back under… Read More

This is the week for the Fed, with two major events that have the markets on tenterhooks. Later we have the release of the minutes from the last meeting. These will give us some valuable insight into what to expect from the FOMC going… Read More