Fundamental Analysis

The monthly US retail sales report is due to come out today. Data from the Commerce Department is forecast to show that retail sales will rise by 0.3% on both the headline and the core. In August, headline retail sales rose 0.4% while… Read More

Overnight and tomorrow we have a set of data releases that could directly affect the price movement of major currencies. The NZ inflation data is especially interesting since it's only published once per quarter. And investors are really… Read More

USD in Demand The US dollar has been a little firmer over the European morning so far on Tuesday. Fluctuations in risk appetite around trade war and Brexit headlines continue to impact the safe-haven flows seen for USD. Fed rate cut… Read More

GBP has been trading higher today on continued hopes that the UK will be able to agree to a Brexit deal with the EU. Michael Barnier, the EU’s chief negotiator, told reporters on Tuesday morning that although “big gaps” remain between the… Read More

There is a substantial amount of market-moving data coming out of Europe tomorrow. The most important is likely to be employment data from the UK. The rate of job seekers is likely to stay at the lowest since the '70s. Half an hour… Read More

Dollar Down The US dollar has been a little lower over the first European session of the week despite weakness in equities prices. We have a quiet US datasheet this week so flows are likely to remain linked to incoming headlines around the… Read More

Phase One The global economy has been trending lower over recent months, sparking recessionary fears across the globe. In light of this, the markets were treated to some relief as the first signs of a potential end to the US-China trade… Read More