ActionForex.com
Jan 25 10:13 GMT

Sponsors

Forex Expos

Forex Daily Fundamental Reports

Fundamental analysis refers to the study of the core underlying elements that influence the economy of a particular entity. It is a method of study that attempts to predict price action and market trends by analyzing economic indicators, government policy and societal factors (to name just a few elements) within a business cycle framework. For forex traders, the fundamentals are everything that makes a country tick. From interest rates and central bank policy to natural disasters, the fundamentals are a dynamic mix of distinct plans, erratic behaviors and unforeseen events. Therefore, it is best to get a handle on the most influential contributors to this diverse mix than it is to formulate a comprehensive list of all "The Forex Fundamentals."



USD: "Losing" the Currency War? Print E-mail
Daily Forex Fundamentals | Written by Forex.com | Jan 24 15 03:11 GMT
It's been another incredible week for the world's reserve currency, with the dollar index hitting a new 11-year high near 95.00. By now, we all know the catalyst for the latest dollar rally was yesterday's announcement of a massive QE program from the European Central Bank, which had led to a 24-hour, 500-pip selloff in EURUSD at one point in today's European session, though the pair has since stabilized in the 1.12s. The ECB's action represents an escalation of a trend that's quietly been gaining strength over the past few weeks: competitive devaluations by world policymakers, or in other words, a currency war.
Read more...
 
EURUSD in Freefall, is Parity on the Cards? Print E-mail
Daily Forex Fundamentals | Written by Forex.com | Jan 24 15 02:51 GMT
As we approached the European close last week, the EUR had fallen more than 3% versus the USD. The driver was the ECB's decision to embark on a QE programme to combat deflationary forces at work in the Eurozone. In the past the EUR has rallied when the ECB had taken steps to help the struggling currency bloc, think back to the LTRO in early 2012 or the bailout announcements at the peak of the sovereign debt crisis, not so this time.
Read more...
 
Gold Stable Near $1300 Print E-mail
Daily Forex Fundamentals | Written by MarketPulse | Jan 23 15 12:31 GMT
Gold prices remained fairly steady after the ECB's quantitative easing announcement on Thursday, and the metal remains calm in Friday trade. In the European session, the spot price stands at $1295.31 per ounce. On the release front, today's highlight is US Existing Home Sales. The markets are expecting a jump in the December report, with an estimate of 5.08 million.
Read more...
 
GBP/USD - Sliding Pound Dips Below 1.50 Print E-mail
Daily Forex Fundamentals | Written by MarketPulse | Jan 23 15 12:30 GMT
The pound is trading below the symbolic line of 1.50 on Friday, following sharp losses a day earlier. In Friday's European session, GBP/USD is trading at 1.4982. On the release front, the pound shrugged off a gain of 0.4% by Retail Sales in December. In the US, today's highlight is US Existing Home Sales. The markets are expecting a jump in the December report, with an estimate of 5.08 million.
Read more...
 
EUR/USD – Euro Tumbling After ECB Announces €1 trillion QE Print E-mail
Daily Forex Fundamentals | Written by MarketPulse | Jan 23 15 11:23 GMT
The euro has suffered sharp losses following the ECB's announcement of a €1 trillion QE package. The size of the program was larger than most analysts had expected, and the euro reacted with losses of about 250 points on Thursday. EUR/USD has shed close to 100 points on Friday, as the pair trades in the mid-1.12 line in the European session. The euro has been in free-fall in January, losing close to 900 points to the US dollar. In Friday's releases, German Manufacturing PMI missed the estimate, coming in at 51.0 points. The French Manufacturing PMI contracted ,with a reading of 49.5. In the US, today's highlight is Existing Home Sales. The markets are expecting a jump in the December report, with an estimate of 5.08 million.
Read more...
 
ECB QE Enhances Carry Demand For TRY, BRL Print E-mail
Daily Forex Fundamentals | Written by Swissquote Bank SA | Jan 23 15 10:58 GMT
The leading central banks diverge from the policy normalization as the global slowdown in inflation – or dangerously nearing deflation – push the policymakers away from any tightening in rates. In contrary, the surprise Canadian, Danish and Turkey rate cuts this week, the sharp dovish shift in the BoE combined to the sizeable ECB QE keep the liquidity conditions very favorable for market players. The risk-on sentiment encourages carry traders to take advantage of the rate differentials. Among the favorite high yielders are the lira (despite 50 bp cut this week) and the real (reinforced by 50 bp hike).
Read more...
 
Euro In Free Fall After ECB's QE Decision Print E-mail
Daily Forex Fundamentals | Written by KBC Bank | Jan 23 15 10:51 GMT
The ECB announcing a full option QE and flooding the market with euros hammered the single currency across the board. EUR/USD dropped to the low 1.13 area. EUIR/JPY is testing the key 134 level. A positive sentiment on risk kept USD/JPY well bid, despite lower core bond yields. More euro weakness to come ahead of the Greek elections?
Read more...
 
European Market Update: Equities, Fixed Income On FX Continue To React Following ECB QE Print E-mail
Daily Forex Fundamentals | Written by Trade The News | Jan 23 15 10:45 GMT
USD maintains its firm tone; EUR/USD at fresh 11-year lows below the 1.1250 area. Following the ECB launch of QE, numerous analyst cut their EUR forecast for both 2015 and 2016. European core and peripheral bonds hit fresh record lows as well
Read more...
 
EURUSD Welcomes 1.12 As Draghi Unleashes ECB QE Print E-mail
Daily Forex Fundamentals | Written by ForexTime | Jan 23 15 10:12 GMT
The Euro recorded milestone lows against both the USD and GBP overnight, following the European Central Bank (ECB) finally presenting the long-awaited QE card from its stimulus package. In the aftermath of the markets getting to grips with the fact that ECB QE has finally arrived after what must be a year of intense anticipation, the EURUSD sailed all the way through 1.14 and set a new 11-year low at 1.1258 at the time of writing. To be honest, confirmation of QE being introduced meant it was just a matter of time before the EURUSD opened the doors to 1.12. Now that QE has at last been confirmed by the ECB, it would be self-explanatory to expect the longer-term bearish view on the EURUSD to be further reaffirmed.
Read more...
 
EUR Aqueezed Post-QE Announcement Print E-mail
Daily Forex Fundamentals | Written by Swissquote Bank SA | Jan 23 15 08:46 GMT
The ECB unveiled the much expected QE program yesterday. In addition to its private bond purchases introduced in the last quarter of 2014, the ECB will start buying 60 billion euros government debt and European institutional debt starting from March 2015 to September 2016. The total amount of the program sums up to 1.1 trillion euros, which exceeds the already aggressive market expectations (750 billion to 1 trillion euros anticipated with NCBs being part of the program). The NCBs will hold 80% of domestic bonds, while the 20% of risk will be shared. “I am surprised the risk sharing issue has become the most important aspect of the effectiveness of our monetary policy. » said Draghi as such framework brought a level of fragmentation in the heart of the Euro-zone’s single monetary system. The euro sold aggressively after the announcement, taking out the 2005 low (1.1460). Asian traders pulled EUR/USD down to 1.1315 for the first time since September 2003. The heavy unwind deepened the oversold conditions (RSI at 19.5%).The sentiment is comfortably negative. We believe short-covering is underway yet decent option barriers should limit the upside attempts pre-weekend. Large put expiries are seen at 1.1450, 1.1400, 1.1350 and 1.1300. EUR/GBP extended losses to 0.75523 (beginning of 2008 levels). Large option barriers at 0.76 should keep the selling pressures tight on the cross before the week’s closing bell.
Read more...
 
FX Market Analysis Print E-mail
Daily Forex Fundamentals | Written by Investica | Jan 23 15 08:45 GMT
Following a succession of leaks, markets were certainly braced for an ECB quantitative easing package, but the central bank still managed to surprise. The bank will purchase EUR60bn of assets per month compared with the expected EUR50bn. The programme will also run until at least September 2016 from a March start date with a total balance sheet expansion of over EUR1trn.
Read more...
 
Draghi Pulls The Trigger Print E-mail
Daily Forex Fundamentals | Written by Dukascopy Swiss FX Group | Jan 23 15 08:41 GMT
Super Mario did not let market participants down, as he announced full-blown QE programme in an ambitious attempt to save the Eurozone's economy from being trapped in long-term economic stagnation. The European Central Bank agreed to purchase government bonds worth 60 billion euros a month, which is slightly more than was expected by many analysts, who had called for 50 billion euros a month. The long-awaited programme comes after inflation in the Euro bloc broke below zero and put prolonged deflationary threat on the horizon, which can lead to higher unemployment and is notoriously difficult to reverse. The ECB will be buying government bonds, debt securities issued by European institutions and private-sector bonds starting from March 2015 till at least September 2016. Such a decision would pump large amounts of money into the financial system that could then used by banks and other lenders to boost available credit. Consequently, that could spur consumer spending and act as a support to economic growth. The risks associated with the bonds issued by EU institutions will be shared; however, purchases of other government bonds will not be subject to loss sharing, Draghi said.
Read more...
 
US Unemployment Claims Fall From 7-Month High Print E-mail
Daily Forex Fundamentals | Written by Dukascopy Swiss FX Group | Jan 23 15 08:40 GMT
The number of people applying for US-state unemployment benefits dropped last week from the highest level in seven months, with the underlying trend pointing to consistent improvement in the US labour market. Initial jobless claims across the country declined to a seasonally adjusted 307,000 in the week ended January 16, down from last week's revised 317,000, according to the Department of Labor. The four-week moving average of claims, considered a better gauge of labour market performance as it strips out week-to-week volatility, advanced 6,500 last week to 306,500, breaking above the 300,000 level for the first time since September. Meanwhile, continuing claims for the week ending January 10 rose slightly and came in at 2.443 million, compared to last week's reading of 2.428 million. Employment gains have exceeded 200,000 in each of the last 11 months, the longest such streak since 1994, and job openings remain near 14-year peak. In addition to that, the ratio of unemployed people for every job opening is the lowest since early 2008.
Read more...
 
British Public Inances Hit By Hefty Contribution To EU Budget, Factory Orders Fell Print E-mail
Daily Forex Fundamentals | Written by Dukascopy Swiss FX Group | Jan 23 15 08:38 GMT
British government borrowing unexpectedly increased in December due to hefty contribution to the European Union budget as well as a rise in central government spending. UK's public borrowing rose to 13.1 billion pounds in December, up from 12.4 billion pounds in the preceding months and against to the City's expectations of 9.2 billion pounds. The UK's government was obliged to pay 2.9 billion pounds to the European Commission in December. While central government receipts rose 2.3% or 1.1 billion pounds, central government spending increased 6.2% or by 3.5 billion pounds largely due to a rise in capital transfers within the public sector. The Office for National Statistics said that stamp duties, corporation tax and VAT receipts rose, though income tax receipts were weaker than expected. Reduction of deficit has been one of the main priorities of UK's Conservative-led coalition since it assumed power in 2010, and is one of the main issues of the Finance Minister George Osborne's political campaign ahead of May's national election.
Read more...
 
New Zealand Consumer Confidence Increases, Manufacturing Sector Expands Print E-mail
Daily Forex Fundamentals | Written by Dukascopy Swiss FX Group | Jan 23 15 08:37 GMT
Consumer confidence in New Zealand increased for a second consecutive month in January reaching the highest level in six months, as households become more optimistic about the future prospects amid cheaper petrol prices, which provide more spending power to consumers. The ANZ-Roy Morgan consumer confidence index climbed by 1.9% to 128.9 in January, up from 126.5 a month earlier, with a figure above the 100-mark threshold indicating optimism among consumers outweigh pessimism. The current conditions index rose 0.7 of a point to 126.8, while the future conditions index soared to 130.3 from 126.8 in January.
Read more...
 
China: Signs Of Stabilisation In HSBC Manufacturing PMI Print E-mail
Daily Forex Fundamentals | Written by Danske Bank | Jan 23 15 07:59 GMT
The flash estimate for the HSBC/Markit manufacturing PMI in January improved slightly to 49.8 (consensus: 49.5, DBM: 49.6) from a final reading of 49.6 in November. This is the first improvement in the HSBC/Markit manufacturing since October.
Read more...
 
Japan Outlook Print E-mail
Daily Forex Fundamentals | Written by Blackwell Global | Jan 23 15 06:45 GMT
Japan has fallen into a technical recession according to the latest figures released in December. Final GDP for Q3 2014 was rather disappointing at -0.5%. This is on the back of a -1.8% contraction in Q2. The weak GDP figures came after private and public investment figures weakened, but are not expected to lead to a deep recession. Not surprisingly, the Bank of Japan (BoJ) has halved its own growth estimate for this fiscal year from 1.0% to 0.5%.
Read more...
 
New Zealand Outlook Print E-mail
Daily Forex Fundamentals | Written by Blackwell Global | Jan 23 15 06:42 GMT
GDP figures surprised the markets in this quarter as it lifted to 1.0% q/q, well above the forecasted 0.7%. This came as a surprise to the market, but domestic growth has remained strong in the face of falling export prices. GDP y/y fell to 3.2% (exp 3.3%), which was more in line with what was expected in the long run for the NZ economy.
Read more...
 
AUD/USD: Aussie Trading Flat This Morning Print E-mail
Daily Forex Fundamentals | Written by GCI Financial | Jan 23 15 06:04 GMT
The pair is expected to find support at 0.7966, and a fall through could take it to the next support level of 0.7909. The pair is expected to find its first resistance at 0.8109, and a rise through could take it to the next resistance level of 0.8195.
Read more...
 
EUR/USD: Euro Is Trading Marginally Lower Ahead Of The Euro-Zone's PMI Data Print E-mail
Daily Forex Fundamentals | Written by GCI Financial | Jan 23 15 06:03 GMT
The pair is expected to find support at 1.1236, and a fall through could take it to the next support level of 1.1108. The pair is expected to find its first resistance at 1.1572, and a rise through could take it to the next resistance level of 1.1780.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 788
Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Analysis Reports

Central Bank Analysis
Economic Data Reviews
Technical Analysis

Forex Brokers

ActionForex.com © 2015 All rights reserved.