financial technical analysis

Daily Forex Market Preview, 02/08/2018 The U.S. dollar strengthened as the Federal Reserve left the interest rates unchanged at its meeting yesterday, as expected. The central bank upgraded its U.S. economic growth to solid; underlining the fact that further rate hikes are imminent. [shortcode-variables slug="learn-forex-basics"] Earlier ...

2018-08-02 John Benjamin Read more

After a busy week of central bank line ups last week, interest rate hikes and announcements of tapering the QE program, the week ahead promises to be a lot quieter despite a few central bank meetings lined up. The Bank of England and the Swiss national bank will be holding their respective monetary policy decisions this week. No major changes...

2018-06-18 John Benjamin Read more
EUR Longs Continue To Decrease

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 60 contracts to take the total position to 120.5k contracts. Despite being only slight in size, this latest positioning adjustment marks the third consecutive week where EUR longs continue to decrease, as investors continue to dial back their ECB tightening ...

2018-05-14 James Harte Read more
BoE and RBNZ Meetings

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 expected to hike rates at this month’s meeting. Following on the heels of the RBNZ meeting, the BoE meeting is l...

2018-05-07 John Benjamin Read more
April BoC meeting

The week ahead is somewhat quiet on the economic front, but the FOMC meeting that is due this Wednesday will dominate the news wires. Heading into the meeting, the market expectations are high that the Federal Reserve will hike interest rates by 25 basis points at this week's meeting. This would mark the first rate hike for this year. Simultaneo...

2018-03-23 John Benjamin Read more
November FX Preview

Politics continued to remain in the forefront for the month of October. This time, however, focus turned to Asia as the Japanese Prime Minister Shinzo Abe called for snap elections. Japan held the elections on the weekend of October 24 which saw the incumbent win with a strong majority. In New Zealand, after a long wait, the election results th...

2018-01-25 John Benjamin Read more

The Bank of England will be meeting today for its monthly monetary policy review. Based on the economists poll, no changes to interest rates are expected, which remain at 0.25%, a historical low. However, some institutions are not ruling out the scope for a rate hike today. This hawkish scenario comes from the fact that in the July MPC meeting,...

2017-08-03 John Benjamin Read more
US Flag_Department of Commerce

The week ahead will mark the start of a new trading month. With the summer period kicking in, trading is expected to remain subdued. Still, the week ahead is packed with a list of tier-one economic data that will no doubt keep the markets busy. The Bank of England and the Reserve Bank of Australia will be holding their monetary policy meetings...

2017-07-31 John Benjamin Read more
RBNZ_Forex_0805

The week will see a continuation of the key economic indicators from across the world. The week starts off with the French election results in the main backdrop, and the baton will be passed on to Germany which will be holding elections next. On the economic front, China will be reporting the monthly inflation figures on Wednesday while it will...

2017-05-08 John Benjamin Read more
FOMC

The first trading month of the year is now history as traders shift focus to a busy week. Among the central bank meetings, the FOMC and the BoE meetings are likely to overshadow the Bank of Japan's meeting this week. Still, no changes to monetary policy are expected this week from either of the central banks. In the UK, the Brexit bill is likely...

2017-01-30 John Benjamin Read more