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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!

The Federal Reserve Board and the Federal Open Market Committee on Wednesday, Aug 21 released the attached minutes of the Committee meeting held on...
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Market Daily Outlook Aug 15 2019

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...

Market Weekly Outlook Aug 12 2019

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!

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

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!

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...
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Market Weekly Outlook Aug 05 2019

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!

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!

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

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