Potential Market Reaction to German Ifo Business Climate
The last major market-moving data of this rather busy week for the euro is the Ifo Business Climate Index.
The expectation is for it to confirm the host of downbeat economic reports we've been getting over the last few weeks. The…
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ECB October Meeting Preview – Draghi’s Last Meeting
The European Central Bank will be holding its monetary policy meeting this week on Thursday.
This will be the last monetary policy meeting for Mario Draghi. Draghi was instrumental in steering the eurozone through the major global…
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Dollar Gives Back Intraday Gains
The US dollar index was seen trading lower towards Wednesday’s close. These declines come following a day after the USD posted strong gains. The subdued trading comes as the economic calendar has been quiet for the most part this week. The…
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First Look at German Business Sentiment for October
After begin whipsawed yesterday with the results from the Brexit vote in the UK Parliament, the euro is in for another busy day tomorrow with a host of key events.
Before we get to the ECB's interest rate decision, we have a set of fresh…
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5 Ways to Improve Your Technical Analysis Skills
Technical analysis can sometimes be seen as an easier approach to forex trading than fundamental analysis.
But, truth be told, there is quite a bit of a learning curve to it.
Many forex traders who are just starting out find it…
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Subdued Trading Amid Lack of Fresh Fundamentals
Trading was rather subdued amid a lack of any fundamentals or major global themes.
The Brexit saga continues, but the impact is limited to the pound sterling.
Data from the US was mostly second-tier. The Richmond Fed manufacturing…
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