NSFX - Analytics

NSFX

356.00 9.50/10
0% of positive reviews
Real

Weekly Analysis 28/02/2016 – 04/03/2016

The Euro Zone CPI will be released on Monday by the Eurostat. Decisions regarding the interest rate will be made on Tuesday by the Australia Reserve Bank Board. The latest data here will show up in the form of German retail sales, due Monday; euro-zone unemployment, and euro-zone manufacturing PMI, due Tuesday; euro-zone producer price index, due Wednesday; euro-zone services PMI, and euro-zone retail sales, due Thursday; and euro-zone retail PMI, due Friday.

NSFX Forex Blog   articles  | Weekly Analysis 28/02/2016 – 04/03/2016 NSFX Forex Blog   articles  | Weekly Analysis 28/02/2016 – 04/03/2016

This past week USD rally marked the currency best performance since November dramatic break to 12-year highs a move that proved a quick exhaustion. We expect some further legs in the current risk rally, which would likely keep USD supported against the funders; EUR, JPY and CHF.

The U.S. economy started the year on a stronger footing than it ended 2015, suggesting American consumers are brushing off market jitters about plunging oil prices and slowing global growth. China emerged from the weekend Group of 20 meeting with a new measure of trust from major trading partners that it will not significantly devalue CNY. Investors worried about the risk of a new global recession are hoping that data over the coming week will show that some momentum remains in the world economy, eight years into its slow recovery from the financial crisis. Investors hoping that U.S. stocks will build on a strong two-week run will look to a host of data next week, highlighted by the monthly jobs report, for signs the economy is improving.

NSFX Forex Blog   articles  | Weekly Analysis 28/02/2016 – 04/03/2016 NSFX Forex Blog   articles  | Weekly Analysis 28/02/2016 – 04/03/2016 NSFX Forex Blog   articles  | Weekly Analysis 28/02/2016 – 04/03/2016 NSFX Forex Blog   articles  | Weekly Analysis 28/02/2016 – 04/03/2016 NSFX Forex Blog   articles  | Weekly Analysis 28/02/2016 – 04/03/2016

 


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree