Germany

After a wild move for the US Dollar yesterday, following positive economic releases, in addition to the Federal Reserve FOMC Meeting Minutes which increased the estimates for a possible rate hike in December meeting, the markets will take some rest during the US session, as the US banks will be closed in observance of Thanksgiving Day. However,...

2016-11-25 Nour Eldeen Al-Hammoury Read more
German Flag

After a slow start of the week across the board on Monday, Tuesday comes with very few economic releases from Europe and the US, yet it's likely to have a medium impact on the markets ahead of key events later this week. In today’s article, we will explain the importance of the German IFO Business Climate, how to read the outcomes and how to use...

2016-10-25 Nour Eldeen Al-Hammoury Read more
Euro

Monday's European session was not that good for the EUR currency, the EUR/USD hitting just under 1.11 to set the daily low. At the moment of the news, the rate was -0.4% lower at 1.1084, the session’s low being set at 1.1082. From a technical point of view, the EYRUSD cross is going down towards the 200DMA (Daily Moving Average) set at 1.1026. T...

2016-02-25 Adrian Filip Read more