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Analysis

Daily market analysis and trading news

Weak US CPI sends EURUSD to 2-week highs

Good morning,   After a mixed session in Europe, where the main focus was on the central bank announcement from the BOE and ECB, US risk sentiment picked up on back some progress in the US-China trade talks. On the macro side, weaker-than-expected US CPI sent the US Dollar on the offer, which helped US … Continued

While we wait for the Fed…

On Tuesday, the US Dollar fell for the fourth day in a row following US President Trump’s critical comments regarding the recent interest hikes by the Federal Reserve. The US President wishes the Fed to support the economy by keeping rates low. Global stock markets were flat to higher and cautious ahead of the FOMC … Continued