08 Nov 20 (Sun)
07:53 pm
Focus On US Inflation Numbers This Week EUR/USD: The US Dollar has weakened over the past week. The market has taken a Biden win as a strong positive for US stocks. Risk currencies have also taken the upcoming change in US administration as a strong positive. The impactful news item over the weekend was the news of Biden's election win. A big congrats to Kamala Harris, the first female vice-president of the United...
01 Nov 20 (Sun)
06:13 pm
Pay Attention To United States Presidential Election And Fed Interest Rate Decision EURUSD: The Euro showed a downward movement versus the US Dollar last week as new Covid-inspired lockdowns in Europe prompted the European Central Bank to hint at more monetary easing. Prime Minister Boris Johnson announced a month-long lockdown for England, one of his top ministers and closest allies signaled the measures might have...
25 Oct 20 (Sun)
06:52 pm
Get Ready For ECB Interest Rate Decision And US GDP Number EUR/USD: The US Dollar fell versus the Euro as a disappointment over stimulus may not send investors rushing into the world reserve currency. U.S. President Donald Trump and Joe Biden participated in a restrained final presidential debate before the Nov. 3 presidential election. The final debate between the two presidential candidates was more restrained than...
11 Oct 20 (Sun)
05:26 pm
All Eyes On US Inflation Numbers This Week EUR/USD: In the last week, FOMC Minutes showed that many participants noted that their economic outlook assumed additional fiscal support. With longer-term interest rates already very low, there did not appear to be a need for enhanced forward guidance at this juncture or much scope for forwarding guidance to put additional downward pressure on yields. Participants also noted that outcome...
04 Oct 20 (Sun)
06:37 pm
Watch Out For FOMC Meeting Minutes This Week EUR/USD: Last Friday, the US Non-Farm Payroll report printed at +661K, well below the +900K reading expected. The US unemployment rate drops to 7.9% from 8.4%, but average hourly earnings came in at just +0.1% m/m versus +0.5% eyed President Donald Trump and First Lady Melania Trump have tested positive for Covid-19 last week. Trump’s condition is improving as he is being trea...
02 Oct 20 (Fri)
06:59 am
Focus on US Non-Farm Payrolls today! The US Jobs Report will be released at 12:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction, and goods companies. It does not include farming industry employment. The US Jobs Report is so important for the upcoming Fed decisions. President Donald Trump and First Lady Melania Trump have tested positive for Covid-19. We will begin our quarantine and recovery process immediately. We will get through this together, President Trump said. ...
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