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- analysis-3843915_1920

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...
Forex- 658974845

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...
Forex- 598954

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...
Forex- pound-6598

GBPUSD Large Rebound Could Be Seen !

With GBPUSD failing to continue lower through the 1.2150 levels, a short term bottom could have been placed around that level. While its immediate...
Fed -Forex - 65987

Market Weekly Outlook Jul 29 2019

A Big Week For Economic Data In the week ahead; investors will receive monetary policy updates from several major central banks around the world, in...

GBPUSD Faces Further Decline After Breaking Under The Symmetrical Triangle

As shown on the 4-hour chart below. The GBPUSD pair breaks below the rising support of the Symmetrical Triangle. Suggesting further weakness in the...
European Central Bank (Headquarter) in Frankfurt-Germany

EURUSD Sees Limited Recovery After Draghi Speech!

The EURUSD reverses up on Thursday on Mario Draghi remarks. The President of the European Central Bank. First of all, the euro...
Forex- Germany -26565

EURUSD Continued Bearishness On Negative German Manufacturing PMI

The German Manufacturing PMI (Jul) falls to 43.1, from 45.0 a month earlier. Missing a forecast of 45.0. This development...