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Fundamental Forex Analysis

Expect GDP to decline by 6% in 2020

In a fresh report published on Tuesday, Germany’s KfW state development bank said it expects 2020 German GDP to decline by 6%. Additional quotes “German economic output was probably around 20-25% below the prev...

It is reasonable to expect schools to be shut until the end of this school year – Reuters News
Forex News

It is reasonable to expect schools to be shut until the end of this school year – Reuters News

Italy’s Prime Minister, Giuseppe Conte, has crossed the wires and has warned to respect social distancing rules of at least 1 metre in phase 2 with additional comments as follows: Key notes Italy pm Cont...

Expect a strong rebound in Q3 GDP
Fundamental Forex Analysis

Expect a strong rebound in Q3 GDP

Italy’s Economy Minister Roberto Gualtieri said on Thursday, he expects a strong rebound in Q3 GDP. He added that he sees a significant growth next year. His comments come ahead of the all-important Euro area F...

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Forex News

Expect a retest of 1.05 in Q2 – TDS

EUR/USD is quite sensitive to the relative growth outlook as the pair holds a modest discount on this momentum index, according to economists at TD Securities. Key quotes “A stalwart of support for the EUR has ...

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Fundamental Forex Analysis

Manufacturers expect output to recover somewhat in three months ahead – CBI

The Confederation of British Industry’s (CBI) latest Industrial Trends Survey revealed that manufacturing activity in the UK continued to weaken in February, albeit at a slower pace than in January with t...

RBA to keep rates unchanged but downgrade growth forecasts
Forex News

We continue to expect further cuts, with 25bp reductions in April – Westpac

Analysts at Westpac note the forthcoming Reserve Bank of Australia meeting. Key notes Feb 4, Last: 0.75%, WBC f/c: 0.75%Mkt f/c: 0.75%, Range: 0.50% to 0.75%. The RBA left the cash rate on hold at its Decemb...