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👤Xinyang
🕔December 2, 2016
Fundamental Outlook: EUR/GBP
During the Asia-Pacific session, Australian Retail Sales beat estimates at 0.5% versus expectations of 0.3%. This had an overall muted reaction on AUD with the Asia-Pacific session remaining relatively quiet ahead of today’s NFP report. Continued strength in oil prices saw CAD remain supported with USDCAD having tested the 1.3300 handle, while a slight risk-off tone saw USDJPY break briefly below the 114.00 handle and yesterday’s lows.…
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Fundamental and Technical Outlook: EUR/GBP
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👤Xinyang
🕔October 5, 2016
Fundamental Outlook: EUR/GBP
During the Asia-Pacific session, Australian Retail Sales beat estimates at 0.4% versus expectations of 0.2%, along with a significant drawdown in API Cude Oil Inventories of -7.6mln compared to expectations for a slight increase. Consequently, AUD and CAD have remained somewhat supported, aided further by a slight retracement in USD gains.…
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Fundamental and Technical Outlook: EUR/GBP
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👤Xinyang
🕔September 2, 2016
Fundamental Outlook: EUR/GBP
There was no tier 1 data or news of note during today’s Asia-Pacific session. As such price action in most currency pairs has been rather uneventful which is likely to remain the case as participants await today’s US employment report later in today’s New York session.…
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German Jobs May Not Be At Risk Even After Brexit Vote
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👤Isaac Ndegwa
🕔July 31, 2016
The German unemployment levels have continued the declines over the month of July. The data released at the end of July 2016 shows that Europe’s biggest economy has remained very resilient even in the face of uncertainty stemming from Britain’s vote to exit the EU.…
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Downward pressure on EUR/GBP
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👤Xinyang
🕔July 20, 2016
After Tuesday’s up- move, the EUR/GBP failed to build on this momentum and headed south after the positive released of UK jobs report. According to the Office for National Statistics, the UK’s official jobless rate dropped to 4.9% versus 5.0% last.…
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