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The latest market news with their impact on the currency market.

FOMC: Uncertainty About Next Rate Cut…U.S Dollar Consolidates With Upside Bias!

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The Federal Reserve Board and the Federal Open Market Committee on Wednesday, Aug 21 released the attached minutes of the Committee meeting held on...
Forex- 9865656

Market Daily Outlook Aug 15 2019

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In the day ahead. Investors will shift their focus on data from the U.K and the U.S. From the British side. Retail Sales data...
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Market Weekly Outlook Aug 12 2019

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In the week ahead. Investors will shift their focus on the German GDP, inflation and retail sales from the U.S. From the U.K the...
Forex- 59896598

GBPUSD Falls On Negative U.K Data!

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All U.K data comes red today. Gross Domestic Product (GDP) for the second quarter fell -0.2%, from 0.5%. Analysts expected it to fall to...
Forex- 98785666

U.S.D Slides On Negative ISM Non-Manufacturing PMI

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The U.S ISM Non-Manufacturing PMI fell 53.7, from 55.1 in the preceding month. Missing a forecast of 55.5. This development keeps the USD under...
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U.K Services PMI Up In July. GBPUSD Consolidates Above 1.2100 levels!

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The U.K data comes green today. The Composite PMI (Jul) rose 50.7, from 49.7 a month earlier, passing a forecast of 49.8. U.K Services...
Forex- 658974845

Market Weekly Outlook Aug 05 2019

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In the week ahead. Investors will shift their focus on the US-China trade war. Central banks meeting in Australian and New Zealand. Fed speakers...
Forex- Jobs-598986

U.S Nonfarm Payrolls Up 164K In July As Expected. U.S.D: Light Bullish!

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The U.S. economy produced fewer jobs in July. While the unemployment rate held steady as the previous month. Nonfarm payrolls (NFP) rose by 164,000...
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U.S Dollar Sees A Buying Opportunity Ahead Of U.S Jobs Report!

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The United States will publish 2 reports on the status of jobs over the past month, excluding the farming industry today at 12:30 GMT. Nonfarm Payrolls (Jul) and Unemployment Rate (Jul)... How
Forex- US-659898

The Fed Cuts Interest Rates But Powell’s Optimistic Outlook Boosted The Dollar

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The performance of the US economy has been reasonably good. The outlook is also good. We have been monitoring downside risk, particularly from global...