Articles

Analysis of Market Movements in the Past Week

The markets were relatively weak last week. However, the exception was the Canadian dollar, which was pressured by the drop in oil prices and the sharp rise in the BoC. The loonie closed slightly higher against the yen, which was almost flat. The Swiss franc,

Analysis of economic data in the coming week

what you read here:1 FOMC2 BoE3 ECB The Week Ahead: FOMC, BOE, ECB and CPI A Busy Week Ahead of the Christmas Holidays FOMC Federal Reserve meets this week on Wednesday. According to the CME FedWatch tool, markets are expecting a 75 percent chance of a 50

Lagarde’s speech and the positive impact of her words on the EUR/USD currency pair

Christine Lagarde, president of the European Central Bank (ECB) gave a speech at 3:30 pm. on Dec. 8. As head of the European Central Bank, which sets short-term interest rates, he has a major impact on the value of the euro. Traders follow his speeches

The release of Australia’s GDP report was slightly lower than expected

Gross domestic product (GDP) measures annual changes in the inflation-adjusted value of all goods and services produced by the economy. It is the most comprehensive measure of economic activity and the primary indicator of economic health. A release of higher

Canada’s interest rate statement was released with interest rate hikes along with doubts about continued contractionary policy

The Bank of Canada’s interest rate statement is the Bank’s primary tool for communicating its monetary policy to investors. It contains the outcome of their interest rate decision and an explanation of the economic conditions that influenced their

AUD RBA Rate Statement

The Reserve Bank of Australia’s (RBA) monthly interest rate statement contains the outcome of the Bank’s interest rate decision and explains the economic conditions that influenced the decision. It may also provide investors with guidance on the

U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI) was published higher than the forecasts

The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI), also known as the ISM Services PMI, is a business report which is calculated as an indicator of the overall health of the non-manufacturing economy. These

US Non-Farm Payroll (NFP) Report; Dec 5th 2022

The employment report has always been one of the three most significant reports of the United States and the forex market. This data assesses the number of people employed in the past month other than in the agricultural industry, government employees,

Weekly Report of Canada Gross Domestic Product (GDP); Dec 5th 2022

Gross Domestic Product (GDP) measures the annual changes in the inflation-adjusted value of all goods and services produced in the economy. This is the most extensive measure of economic activity and the primary indicator of economic health. Canada releases

Analysis of the EUR/USD Currency Pair with a Focus on US Labor Market Data

The dollar index fell by 5% last month and at the same time, it dropped by more than 10% against the euro in the same period. The pair was trading at 0.9541 on October 28 and continued to hit a highest level of 1.0544 on December 2. Federal Reserve’s

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