Economic Releases

With the vast flow of daily economic releases that affect the FX market place, it can be difficult to know which readings are most important and how best to interpret them. Understanding the relevance of economic releases is a crucial step towards success in Forex trading so, read on to find out what the top 5 Forex economic releases are and how...

2018-03-23 James Harte Read more
USD Index_3005

After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable rise in the estimates of two more rate hikes this year has pushed the US Dollar higher at the beginning of l...

2017-08-14 Nour Eldeen Al-Hammoury Read more
Poloz_BOC_PMI_Canadian dollar

Image via Bank of Canada In the past few weeks, the Canadian Dollar was one of the top performing currencies against the US Dollar. Despite the fact that Crude Oil has been declining, the Canadian Dollar managed to post the highest level against the US Dollar since March of this year, while Crude Prices are at the lowest level since August of l...

2017-07-26 Nour Eldeen Al-Hammoury Read more
CPI_Inflation_tutorial_1805

Consumer Price Index, CPI for short is a measure of the change in the weighted average of prices from a basket of consumer goods and services considered essential. CPI is calculated by tracking the price changes for each of the items in the basket of goods and weighted in importance. Inflation data is primarily comprised of two measures: ...

2018-02-26 John Benjamin Read more
BOE GBP

After a week with the lack of fundamentals across the board, this week comes with many economic releases and events, which likely to spark the level of volatility once again. During the European session ahead, all eyes will be on the UK as we wait for inflation figures, which likely to have a notable impact on the market and GBP pairs. Expec...

2017-07-26 Nour Eldeen Al-Hammoury Read more
BOE_UK Data_UK Inflation

After the slow and calm start of the week with no economic releases and lower volume across the board, volatility is set to pick up during the second trading day of the week, as we wait for many economic figures ahead. Today we will be concentrating on the UK inflation figures, which are expected to have a notable impact on the markets, especia...

2017-07-26 Nour Eldeen Al-Hammoury Read more
BOC_Canada's inflation_2403

USD Index at Critical Support As the political drama continues in the US regarding repealing and replacing ObamaCare, the US Dollar remains the victim side by side with equities. However, the US Dollar Index is finally on the edge of confirming a medium-term head and shoulders formation, the one that we have been talking about for a month no...

2017-07-26 Nour Eldeen Al-Hammoury Read more
China's inflation_0803

The US Dollar Index remains within a tight range since the beginning of the week, trading right below its key resistance area which stands at 102.0 This is despite the fact that the US data that were released yesterday came in with disturbing news for the Fed. Yet, there are many economic figures that investors are eyeing ahead, whether from th...

2017-03-08 Nour Eldeen Al-Hammoury Read more
EU Inflation

During the next few hours and days, many economic figures will be released from Europe, which traders need to watch very carefully, as it is likely to have a notable impact on the Euro. This week is the inflation week for the Euro Zone. Today, we will be watching France and Italy’s inflation figures, followed by the German inflation tomorrow an...

2017-02-28 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

A new week with lack of fundamentals from Europe and the US. Yet, the market volatility increased ahead of the President Elect Donald Trump press conference later this week. However, the US Dollar lost some of its Friday’s gains, which seems to be a short term play ahead of the press conference. In Asia today, some economic figures were released...

2017-01-10 Nour Eldeen Al-Hammoury Read more