US Non-Farm Payrolls: Friday, 13:30. November’s jobs reports was a blockbuster – no fewer than 266,000 jobs were gained in the world’s largest economy. Alongside upward revisions to previous months and a healthy yearly wage increase of 3.1%, the dollar advanced nicely. Expectations for December’s report are more cautious. Economists foresee an increase of 172,000Read more about 10 January 2020[…]

Euro-zone inflation: Tuesday, 10:00. November’s Consumer Price Index figures were quite encouraging. Headline CPI stabilized at 1% yearly while Core CPI accelerated to 1.3%, matching the peak 2019, which was the highest since 2013. The preliminary release for December 2019 is forecast to show that underlying inflation remained at 1.3% while headline prices accelerated toRead more about 07 January 2020[…]

Nothing important for today!     EURUSD Update: The pair reached our target. The chart above shows that the pair is traded above a strong support level that is 1.1050. Therefore, we are bearish as long as the pair is traded below it. Our first target is 1.1170.   Resistance levels: Support levels: Recommended: ▪ 1.1500 ▪ 1.1400Read more about 27 December 2019[…]

Nothing important for today!       EURUSD The chart above shows that the pair is traded above a strong support level that is 1.1050. Therefore, we are bearish as long as the pair is traded below it. Our first target is 1.1170.   Resistance levels: Support levels: Recommended: ▪ 1.1500 ▪ 1.1400 ▪ 1.1200 ▪ 1.1050 ▪ 1.1000 ▪ 1.0950Read more about 26 December 2019[…]

Australian jobs report: Thursday, 00:30. Australia’s labor market badly disappointed in October with a loss of 19,000 jobs. Expectations are higher this time, with an increase of 15,000 positions and an increase from 66% to 66.1 in the participation rate – keeping the jobless rate unchanged at 5.3%. Japanese rate decision: Thursday, early in theRead more about 19 December 2019[…]

US retail sales: Friday, 13:30. While markets will be digesting the British political developments, the all-important consumption report from the US is set to move the dollar. Consumption consists of 70% of the US economy, and the indication of how Black Friday was received will be of interest. Sales increased by 0.3% in October whileRead more about 13 December 2019[…]

US Non-Farm Payrolls: Friday, 13:30. The US economy gained 128,000 jobs in October, below the long-running averages but above low expectations, stemming from the strike at General Motors. Moreover, revisions for previous months showed that job growth was considerably better than initially reported, as upward revisions added 95,000 to the count of the US workforce.Read more about 06 December 2019[…]

Australian GDP: Wednesday, The Australian economy expanded by a healthy 0.5% quarterly in both the first and second quarters of 2019. The upcoming publication for the third quarter is forecast to be identical with 0.5%. The economy in the land down under has been suffering from the Sino-American trade wars. While the Gross Domestic ProductRead more about 04 December 2019[…]

Euro-zone inflation: Friday, 10:00. While headline euro-zone inflation has decelerated to 0.7% – a multi-year low – the Core Consumer Price Index accelerated to 1.1%, a level that provides some encouragement for the European Central Bank. Similar levels are likely now. Canadian GDP: Friday, 13:30. Canada publishes its GDP reports on a monthly basis –Read more about 29 November 2019[…]