forex technical intraday analysis

Daily Forex Market Preview, 31/07/2018 On the economic front, the preliminary inflation report for Germany showed that consumer prices rose 0.3% on the month. This was slightly below the median estimates of a 0.4% but inflation accelerated from 0.1% previously. On an annualized basis, German inflation rate was seen at 2.1%. Spain's prelimina...

2018-08-03 John Benjamin Read more
Catalonia flag

Following the Catalonian independence referendum earlier in the month which saw 90% of voters voting in favour of independence, the leader of the Catalan government Charles Puigdemont has said that he is ready to declare unilateral independence if Spain does not agree to formal talks on the matter. Puigdemont announced, just ahead of a deadline ...

2017-12-12 James Harte Read more
Catalonia independence day

Catalonia On Brink of Independence? Charles Puigdemont, the leader of the Catalan government, is meeting with his parliament today to establish how best to press ahead with their quest for independence.Investors are preparing for the Catalan government to make a unilateral declaration of independence. However, the government of the autonomous r...

2017-10-19 James Harte Read more
Day of referendum in Catalonia. People protesting in the streets while national police is patrolling. 1st of october 2017, Barcelona

Euro Drops on Independence Vote EURUSD traded lower over the European morning on Monday in response to the outcome of the Catalan independence referendum held on Sunday. Initial reports show that just over 2.2 million people voted (out of a registered 5.3 million voters) with nearly 90% voting in favour of secession from Spain. Scenes of Vio...

2017-10-22 James Harte Read more

Political Risks Remain Elevated The last 12 months have been a constant source of political event-risk with Brexit, the US elections, and European elections all causing elevated volatility at times. Heading into the final third of 2017 this trend shows no signs of slowing down as the market prepares for German and Italian elections. However, th...

2017-08-22 James Harte Read more
manufacturing PMI

USD Index Review Yesterday, despite the fact that the US economic releases came in with mixed outcomes, but mostly negative, the US Dollar was gaining momentum, trading near the session high around 100.40. However, Donald Trump decided to pressure the US Dollar again, saying “other countries take advantage by devaluation. So much for the strong...

2017-02-01 Nour Eldeen Al-Hammoury Read more
UK Manufacturing

After a series of economic releases across the board for the manufacturing sector yesterday, from the Euro Zone, UK and the US, another day comes with further economic releases which set to have a notable impact on the markets. Today, all eyes will be headed toward the Services sector in the Euro Zone, as we will be waiting for the Services PMI’...

2017-01-04 Nour Eldeen Al-Hammoury Read more