Dallas Fed Manufacturing Index recovers to -6.1 in June vs. -59 expected
Fundamental Forex Analysis

Dallas Fed Manufacturing Index recovers to -6.1 in June vs. -59 expected

Dallas Fed Manufacturing Index rebounds sharply in June. Major equity indexes in the US trade in the positive territory. The economic activity in Texas’ manufacturing sector declined at a soft pace in Ju...

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Fundamental Forex Analysis

Pending Home Sales surge by 44.3% in May vs. 19.7% expected

Pending Home Sales in the US rebounded sharply in May. Wall Street’s main indexes continue to trade mixed after the data.  Pending Home Sales in the US rose by 44.3% on a monthly basis in May following A...

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Fundamental Forex Analysis

Annual HICP edges higher to 0.8% in June vs. 0.6% expected

HICP in Germany rose more than expected in June. EUR/USD pair clings to daily gains, stays below 1.1300. Inflation in Germany, as measured by the Consumer Price Index (CPI), jumped to 0.6% (preliminary) on a m...

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Fundamental Forex Analysis

Tokyo CPI ex Fresh Food steadies at +0.2% YoY in June vs. +0.2% expected

The consumer expenditure, as represented by the Consumer Price Index (CPI) rose less-than-expected in the Japanese capital of Tokyo in June, according to the latest data published by the Statistics Bureau of Ja...

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Fundamental Forex Analysis

GDP in first quarter contracts by 5% (third estimate) as expected

US’ real GDP in first quarter declined by 5% on a quarterly basis. US Dollar Index stays in the positive territory near 97.50 after the data. The real Gross Domestic Product (GDP) in the US contracted by...

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Fundamental Forex Analysis

New Home Sales increase by 16.6% in May vs. 3.5% expected

New Home Sales in the US rebounded sharply in May. US Dollar Index stays deep in red near mid-96s after the data. New Home Sales in the US rose by 16.6% in May to a seasonally adjusted annual rate of 676,000, ...

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Fundamental Forex Analysis

Markit Manufacturing PMI improves to 49.6 in June vs. 48 expected

US Manufacturing and Services PMI rose more than expected in June. US Dollar Index extends its daily slide toward 96.50. The business activity in the US manufacturing sector contracted at a very soft pace in J...

Australian PM Morrison announces $38 bln, second stimulus measures to combat the coronavirus impact
Fundamental Forex Analysis

Australia’s Commonwealth Bank Manufacturing PMI arrives at 49.8 in June vs. 49.3 expected

Australian manufacturing sector improved but remained in contraction this month, according to the latest data released by both the Commonwealth Bank of Australia (CBA) and the Markit Economics on Tuesday. The C...

Existing Home Sales declined by 9.7% in May vs. -3% expected
Fundamental Forex Analysis

Existing Home Sales declined by 9.7% in May vs. -3% expected

Existing Home Sales in US fell more than expected in May. US Dollar Index continues to edge lower toward 97.00. Existing Home Sales in the United States declined b9.7% in May, the data published by the Nationa...

Manufacturing PMI improves to 40.6 in May from 33 in April
Fundamental Forex Analysis

Retail Sales plunged by 26.4% in April vs. 15.1% expected

Retail Sales in Canada fell more than expected in April. Advance estimates point to a sharp rebound in May. The data published by Statistics Canada revealed on Friday that Retail Sales in Canada declined by 26...