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Market Watch

A close watch of the most important economic data and indicators that can affect the financial markets to understand the market more effectively.

Forex - 2154548

Market Weekly Outlook Feb 03 2020

In the week ahead, the global financial market will shift its focus to Friday’s U.S jobs report for Jan. Last week, the Fed decided...
Forex BoE 659898

GBPUSD Recovers As BoE Hints That Britain’s Economy Had Picked Up Since December’s Election

The Bank of England kept interest rates steady on Thursday and has hinted that the British economy has recovered since the December elections. And...

The Market Continues In The Current Range As The Fed keeps Rates Steady

The Federal Reserve kept interest rates steady on Wednesday. As the slow pace of inflation coupled with a strong labor market helped not to...

German Ifo Business Climate Index Down In Jan, EURUSD Continues Falling

The German Ifo Business Climate Index falls 59.9, from 96.3. Misses forecasts of 97.0. This development keeps the pair under pressure. Immediate support comes...
Fed -Forex - 65987

Market Weekly Outlook Jan 27 2020

In the week ahead; Investors will shift their focus to Wednesday's Fed meeting as well as Bank of England meeting. It is almost certain...
USD against USDCAD-65989

USDCAD: Bullish Ahead Of Canada Retail Sales Data

The USDCAD maintained a bullish momentum yesterday, bottomed at 1.3035 levels, and topped at 13151 levels. Now the focus will turn to 1.3151 levels....

USDCAD Consolidates With Downside Bias Ahead Of BoC Meeting Minutes

The Bank of Canada will announce its benchmark interest rate and publish a rate statement today at 15:00 GMT. Interest Rate is expected to...
Forex - Uk - pound

GBPUSD Halts Downside On Strong U.K Employment Report

The U.K Employment Report comes strong today. Average Earnings Index +Bonus (Nov) released at 3.2% as the previous month. passing a forecast of 3.1%...
Forex - Bank of Japan -65984

Yen Rises As Bank of Japan Boosts Its Growth Forecast

The yen inched up after the Bank of Japan kept its short-term interest rate target at minus 0.1%. And its pledge to guide 10-year...

Market Weekly Outlook Jan 20 2020

In the week ahead; Investors will shift their focus to central banks meeting in Japan, Canada, and the Euro-Zone. From the U.K, the focus...