UK BOE Interest Rate | October 10, 2013 | Currency News

UK BOE Interest Rate Decision is not likely to change during today’s meeting, especially following recent forward guidance and the comments from Governor Carney on how the market expectation differs from BOE.  In the unlikely event BOE decides to release a statement along with this release, we’ll then see some decent volatility. 7:00am (NY Time) […]

UK Services PMI | October 3, 2013 | Currency News

UK Services Purchasing Manager Index will be released today at 4:28am (NY Time). This leading indicator will help the market to find direction for the GBP and as explained in previous UK analyses, a strong release will absolutely add more upward momentum to the GBP. Here´s the forecast: 4:28am (NY Time) UK Services PMI Forecast 60.4 Previous […]

Fundamental Analysis Review And Forex Calendar September 23 ~ 27, 2013

Weekly Fundamental Analysis Review Main market movers last week were the Fed’s decision on asset tapering and the surprise withdrawal by Larry Summers from the Fed Chairman selection.  Since both news went against market consensus, there were plenty of market volatility and sharp corrections in the USD as analysts re-assess their views on the direction of the USD.  Needless […]

Fundamental Analysis Review And Forex Calendar September 16 ~ 20, 2013

Weekly Fundamental Analysis Review Risk on sentiment ended up winning this week as prospects of war with Syria diminished, China’s economic data showed no hard landing in the near future, and the Federal Reserve to taper a much smaller amount than initially speculated back in June.  All in all, global markets ended in positive territory […]

UK BOE Interest Rate | September 5, 2013 | Currency News

UK BOE Interest Rate Decision is likely to remain unchanged but Governor Carney may very well release another dovish statement as recent move in GBP may have been too optimistic, especially after BOE released its forward guidance which put potential rate hike timeline to mid 2016. 7:00am (NY Time) UK BOE Interest Rate Forecast 0.50% […]

UK Services PMI | September 4, 2013 | Currency Trading News

UK Services PMI is a leading indicator and a widely monitored release that is very tradable if we get our deviation as traders usually follow the direction of the release 85% of the time…  Here’s the forecast: 4:28am (NY Time) UK Services PMI Forecast 59.8 Previous 60.2 Deviation: 2.5 (BUY GBP 62.3 / SELL GBP 57.3) […]

Fundamental Analysis Review And Forex Calendar For August 26 ~ 30, 2013

Weekly Fundamental Analysis Review The question that plagued the market for the past few weeks continued this week as traders ponder on the upcoming Fed’s decision f0r asset purchase tapering, and with the FOMC minutes on Wednesday confirming that the majority at the FOMC agree with tapering in September, it’s no wonder why the USD remained resilient for […]

Fundamental Analysis Review And Forex Calendar For August 12 ~ 16, 2013

Weekly Fundamental Analysis Review We had a interesting week as the market remained on the lookout for signs from the Feds on September tapering, BOE surprised the market with a Fed style threshold for its monetary policy, and China’s trade data indicated that perhaps the much feared slowdown was overrated.  All in all, most trends remained unchanged as […]

UK Services PMI | August 5, 2013 | Currency Trading News

UK Services PMI release today will once again confirm market view that UK’s economy is recovering, especially considering the sentiment change revealed in recent MPC Meeting Minutes… As a matter of fact, this may be the only news we need to go LONG on GBP for the rest of the week.  Here’s the forecast: 4:28am […]

Fundamental Analysis Review And Forex Calendar For July 29 ~ August 2, 2013

Weekly Fundamental Analysis Review Weekly Fundamental Analysis review shows that the market was in a holding pattern, waiting on major events scheduled for the coming week as traders remain unconvinced from the recent round of economic data being sufficient for the Fed to taper QE in September.  In other parts of the world, Europe started […]

UK BOE Interest Rate | August 1, 2013 | Currency News

UK BOE Interest Rate decision today will be a much anticipated one as last month Gov. Carney broke tradition and released an accompanied statement along with the rate decision which effectively drove down the Sterling as Carney pointed out that the BOE is not looking to hike interest rates anytime soon; however, after the release […]

Fundamental Analysis Review And Forex Calendar For July 22 ~ 26, 2013

Weekly Fundamental Analysis Review Fundamental Analysis Review for the week reflected that market was in a holding pattern ahead of Bernanke’s congressional testimony.  Although Bernanke provided nothing new during his two-day sessions, equity market still managed to push ahead on the promise that QE is likely to remain abundant in the foreseeable future as the timeline for September asset purchase […]

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