Рубрика: Forex Market News

Forex Market News

Euro Granted More Breathing Room for Gains, For Now

Fundamental Forecast for EUR/USD: Neutral — ECB President Draghi’s speech at Jackson Hole didn’t explicitly do anything to promote a stronger Euro, but it certainly do anything to dissuade it either. — Upcoming August Euro-Zone CPI data will show that price pressures have stabilized, after turning lower through the second quarter. — Net-short EUR/USD positions […]

S&P 500, DAX & FTSE 100 On Soft Footing

Trading psychology can’t be understated, check out this guide – Building Confidence in Trading. S&P 500 The big event to end last week was Fed Chairwoman Janet Yellen speaking in Jackson Hole, and in terms of giving rise to market volatility we saw a modest uptick. Next week brings a fair amount of ‘high’ impact […]

GBP: Signs of Stability Begin to Emerge

Chart: EUR/GBP Hourly Timeframe (August 18-25, 2017) Chart by IG That more stable trend for the Pound could well continue in the week ahead despite the start of the third round of Brexit negotiations. Few fireworks are likely and there could even be attempts to sound conciliatory, which might improve the current very bearish sentiment […]