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Daily Analysis: 11 June 2019

[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_single_image image=”23642″ img_size=”full” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text] EUR   Fundamental Analysis   (11 June):EUR could still see a rebounding day as the spread between the two-year US and German government bond yields fell to 250 basis points on Friday, the lowest level since December 2017. In a calendar light …

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Daily Analysis: 10 June 2019

[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_single_image image=”23638″ img_size=”full” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text] CAD   Fundamental Analysis (10th June): CAD outperformed last friday amidst rosier employment report. In May, Canada added 27.7k jobs versus 5.0k anticipated. Meanwhile, the unemployment rate ticked lower from 5.7% to 5.4%. Local 2 year government bond yield rallied as BoC rate …

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Daily Analysis: 7 June 2019

[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_single_image image=”23632″ img_size=”full” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text] NZD   Fundamental Analysis (7th June): Today NZD has a light data print day while China is on holiday today. NZD is likely to trade sideways or slightly in a negative territory due to the market is pricing in more rate cuts as …

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Daily Analysis: 6 June 2019

[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_single_image image=”23628″ img_size=”full” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text] AUD   Fundamental Analysis (6 June): RBA’s Lowe strongly suggested he could follow up Tuesday’s rate cut with another one as he seeks to drive down unemployment and revive inflation. He mentions that the board has not yet made a decision, but …

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Daily Analysis: 4 June 2019

[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_single_image image=”23624″ img_size=”full” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text] USD   Fundamental Analysis (4 June): US data, on Monday,  surprised to the downside, as the Markit Manufacturing PMI resulted at 49.1 in May, below the preliminary estimate of 49.7. Furthermore, the official ISM Index printed 52.1, well below the 53.0 expected …

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