Action Insight
Dollar Shrugs off News on Trump's Infrastructure Spending, Euro Soft after German CPI
Dollar trades mixed today in spite of news about US President Donald Trump's infrastructure spending. US Transportation Secretary Elaine Chao said the Trump would unveil a USD 1T infrastructure plan ...
No ECB Rate Hike or Tapering Until 2018
Talks of ECB's tapering have been looming of late, thanks to Eurozone's improving economic developments, especially in Germany, adverse effects of negative deposit rates on financial institutions, big...
Trade Ideas
Trade Idea: EUR/JPY - Sell at 120.40
As the single currency finally resumed recent decline from 122.89 and bearishness remains for further weakness to 118.80 and later test of support at 118.67, however, break there is needed to retai...
USD/CAD Elliott Wave Analysis
As the greenback met resistance at 1.3415 and has retreated, consolidation with mild downside bias is seen for weakness to 1.3300 but break of support at 1.3264 is needed to add credence to our vie...
Technical Outlook
EUR/USD Mid-Day Outlook
EUR/USD's fall continues today and reaches as low as 1.0721 so far. Current development argues that corrective rise from 1.0339 could be completed at 1.0905. Intraday bias remains on the downside for ...
Options & Orders
European session: orders and options watch
EUR: The single currency has fallen again in European morning, bids at 1.0740 were filled, however, buy orders are still noted at 1.0725-30, 1.0700 and 1.0680, buying interest is tipped at 1.0650, ...
Contributors
USD/JPY Holds Above Support Ahead of US Data
Odds Favor U.K's Divorce to Get Messy
SILVER Trading In A Temporary Fourth Wave, More Upside In View
Economic Data
GMT | Ccy | Events | Actual | Forecast | Previous | Revised |
---|---|---|---|---|---|---|
07:00 | CHF | KOF Leading Indicator Mar | 107.6 | 105.8 | 107.2 | 106.9 |
09:00 | EUR | Eurozone Business Climate Indicator Mar | 0.82 | 0.87 | 0.82 | |
09:00 | EUR | Eurozone Economic Confidence Mar | 107.9 | 108.3 | 108 | |
09:00 | EUR | Eurozone Industrial Confidence Mar | 1.2 | 1.4 | 1.3 | |
09:00 | EUR | Eurozone Services Confidence Mar | 12.7 | 14 | 13.8 | 13.9 |
09:00 | EUR | Eurozone Consumer Confidence Mar F | -5 | -5 | -5 | |
12:00 | EUR | German CPI M/M Mar P | 0.20% | 0.40% | 0.60% | |
12:00 | EUR | German CPI Y/Y Mar P | 1.60% | 1.80% | 2.20% | |
12:30 | USD | GDP Annualized Q4 T | 2.10% | 2.00% | 1.90% | |
12:30 | USD | GDP Price Index Q4 T | 2.10% | 2.00% | 2.00% | |
12:30 | USD | Initial Jobless Claims Mar 25 | 258K | 245k | 261k | |
12:30 | CAD | Industrial Product Price M/M Feb | 0.10% | 0.30% | 0.40% | 0.60% |
12:30 | CAD | Raw Materials Price Index M/M Feb | 1.20% | 0.80% | 1.70% | |
14:30 | USD | Natural Gas Storage | -42B | -150B |
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