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.

EURO- dollar -6598745454

EURUSD Consolidates With Downside Bias, Forecast For 2020

The long-term outlook in EURUSD remains neutral with risk to the downside. Support comes at the 1.0507 levels ( high of 2002) while resistance...
Forex- 456878yyu

GBPUSD Loses Recovery Steam As U.K. Retail Sales Disappoint

The U.K. Retail Sales fell - 0.6% as the previous month. Missing forecast of 0.5%. This development puts the GBPUSD under heavy pressure. The...

Will USD halt downside on strong U.S retail sales data?!

The U.S data comes green today. Retail sales data stands at 0.3% as expected. Core Retail Sales rose by 0.7%, from 0.1% in the...
Forex -65985455

Market Weekly Outlook Jan 13 2020

In the week ahead; the global financial markets will shift their focus to Thursday's ECB Publishes Account of Monetary Policy Meeting. From the United...
Forex -dollar -6598956

U.S Nonfarm Payrolls Down 145K In Dec Buy USD On Dips!

The U.S Nonfarm Payrolls fell 145K, from 256K a month earlier. Missing a forecast of 164K. The Unemployment Rate remained unchanged as the previous...

AUDUSD Sees A Selling Opportunity Ahead Of Australia Retail Sales Data

Australian Bureau of Statistics will report on Retail Sales early Friday at 00:30 GMT. The forecast is to rise by 0.4%, from 0.0% a...

Tension in the Middle East may affect the US dollar badly!

We were supposed to talk about this in our weekly outlook. ِAnyway, I believe that the tension between the United States and Iran may...

Market Weekly Outlook Jan 06 2020

This is the first full trading week in 2020. The world will focus primarily on the tension between Iran and the United States. Any...
Forex - 2154548

USD Takes A Break On Negative ISM Manufacturing PMI

With the beginning of the new year, the U.S dollar started an upward move. The negative economic news from the euro and Britain today...

U.K Construction PMI Down At 44.4 In Dec GBPUSD Continues Falling

The U.K Construction PMI falls 44.4, from 45.3 in the preceding month. Missing forecast of 45.9 in the last month. This development keeps the...