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Fundamental Forex Analysis

German Gfk Consumer Confidence beats estimates with -9.6 for July

According to the latest survey of around 2000 German published by the Nuremberg-based GfK institute on Thursday, the consumer confidence improved slightly heading into July, as the lockdown easing fueled optimi...

National Cabinet agreed three-step plan to achieve COVID-safe economy by July
Forex News

National Cabinet agreed three-step plan to achieve COVID-safe economy by July

National Cabinet agreed three-step plan to achieve COVID-safe economy by July, said Australian Prime Minister (PM) Scott Morrison in a news briefing on Friday. Further comments Today move ahead with re-opening...

CBI Manufacturing Order Book Balance improved to -22 vs. -23 expected
Fundamental Forex Analysis

ISM Manufacturing Index surged to its highest level since July – TD Securities

Analysts at TD Securities express their afterthoughts on the upbeat US ISM Manufacturing PMI report released on Monday. Key Quotes: “The ISM manufacturing index surged above participants’ expectations, ri...

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Forex News

EUR/USD eyes biggest monthly loss since July 2019

EUR/USD is reporting a 1.76% month-to-date loss at press time.  An above-forecast German retail sales number may offer respite to the bulls.  Later today, the focus will be on Eurozone GDP and US Personal Spend...

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Forex News

Prints longest weekly losing run since July

EUR/USD looks south after registering three-week losing streak.  The pair risks falling to key rising trendline support near 1.1060.  EUR/USD fell 0.30% last week, having registered moderate losses in the prec...