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EUR/USD – Euro Dips to 14-Week Low on Soft German Mfg. Report

November 7, 2017 Kenny Fisher 0

The euro has recorded losses in the Tuesday session. Currently, EUR/USD is trading at 1.1566, down 0.37% on the day. The pair remains under pressure, and has dropped to its lowest level since mid-July. On the release front, German Industrial Production plunged 1.6%, a sharper drop than the forecast of -0.7%. Eurozone consumer spending numbers […]

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GBP/USD – Pound Claws Back After BoE Setback

November 6, 2017 Kenny Fisher 0

The British pound has posted gains at the start of the week. In Monday’s North American trade, GBP/USD is trading at 1.3121, up 0.35% on the day. On the release front, there are no major releases out of the UK or the US. The UK will release British BRC Retail Sales Monitor, an important consumer spending indicator. On […]

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EUR/USD – Euro Steady Ahead of US Nonfarm Payrolls, Wage Growth

November 3, 2017 Kenny Fisher 0

The euro continues has ticked lower in the Friday session. Currently, EUR/USD is trading at 1.1644, down 0.09% on the day. On the release front, there are no eurozone indicators on the schedule. Employment data will be in the spotlight on Friday, as the US releases Average Hourly Earnings, Nonfarm Payrolls and the unemployment rate. The […]

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USD/JPY – Yen Gains Ground Ahead of Fed Chair Nomination

November 2, 2017 Kenny Fisher 0

USD/JPY has posted losses in the Thursday session, erasing the gains seen on Wednesday. In North American trade, USD/JPY is trading at 113.96, down 0.27% on the day. On the release front, Japanese Consumer Confidence improved to 44.5, beating the estimate of 43.6 points. In the US, today’s highlight was unemployment claims, which dropped to 229 thousand. […]

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CAC Ticks Lower as French Manufacturing PMI Misses Expectations

November 2, 2017 Kenny Fisher 0

The CAC index is showing little movement in the Thursday session. Currently, the CAC is trading at 5,507.80, down 0.12% on the day. On the release front, French Final Manufacturing PMI remained unchanged at 56.1, missing the estimate of 56.7 points. Eurozone Final Manufacturing PMI improved to 58.5, just shy of the forecast of 58.6 […]

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USD/CAD – Canadian Dollar Steady, US and Canadian Job Numbers Next

November 2, 2017 Kenny Fisher 0

The Canadian dollar is showing little movement in the Thursday session. Currently, USD/CAD is trading at 1.2849, down 0.13% on the day. In economic news, there are no Canadian events on the schedule. The US will release unemployment claims, which is expected to tick upwards to 235 thousand. Traders should be prepared for some movement […]

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DAX Edges Lower, German Data Within Expectations

November 2, 2017 Kenny Fisher 0

The DAX has posted considerable gains in the Wednesday session. Currently, the DAX is at 13,442.00, down 0.21% on the day. On the release front, German numbers were within expectations. Final Manufacturing PMI remained unchanged at 60.5, just shy of the estimate of 60.6 points. Unemployment Change declined by 10 thousand, close to the estimate of -11 […]

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EUR/USD – Euro Steady as Eurozone, German Mfg. Reports Within Expectations

November 2, 2017 Kenny Fisher 0

The euro continues to have a quiet week. In the Thursday session, EUR/USD is trading at 1.1647, up 0.24% on the day. On the release front, there were a host of Manufacturing PMIs out of the eurozone. German Final Manufacturing PMI remained unchanged at 60.5, just shy of the estimate of 60.6 points. Eurozone Final Manufacturing […]

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USD/CAD – Canadian Dollar Flat Ahead of Fed Statement, Poloz Testimony

November 1, 2017 Kenny Fisher 0

The Canadian dollar is almost unchanged in the Wednesday session. Currently, USD/CAD is trading at 1.2881, down 0.05% on the day. In economic news, today’s highlight is the FOMC rate statement, with no change expected in the benchmark interest rate. Later in the day, BoC Governor Stephen Poloz  testifies before the Standing Senate Committee on […]

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