Informacje rynkowe

Forex Major Currencies Outlook (Feb 25 – Mar 1)

USD

FED’s Williams stated that rates are already at neutral level. It is a sign that the FED will be in no rush to hike.

Forex Major Currencies Outlook (Feb 18 – Feb 23)

Please note that President’s day is on Monday Feb 18, financial institutions will not be working therefore liquidity in the markets will be lower which can lead to volatile movements.

USD

CPI for the month of January came in at 1.6% y/y vs 1.5% y/y as expected with prior reading being 1.9% y/y and 0% m/m vs 0.1% m/m as expected. 

Forex Major Currencies Outlook (Feb 11 – Feb 15)

USD

ISM Non-Manufacturing PMI came in at 56.7 vs 57.1 as expected.

Forex Major Currencies Outlook (Feb 4 – Feb 8)

USD

The US Congressional Budget Office lowered its estimates of the US fiscal deficit for the 2019 fiscal year. They now see the deficit at $897 billion compared to the $981 billion deficit in the April estimate. That's 4.2% of GDP instead of 4.6%. The cost of government shutdown has been projected at $11bn.

Forex Major Currencies Outlook (Jan 28 – Feb 1)

USD

IMF cut the global growth forecast to 3.5% for 2019 which is the lowest in 3 years; they see growth in 2020 to be at 3.6%. 

Forex Major Currencies Outlook (Jan 21 – Jan 25)

On Monday most banks and financial institutions will be closed in the US due to Martin Luther King’s day so liquidity in the markets will be thinner than usual, causing higher spreads and more volatile movements.

USD

FED’s George, who is the most hawkish member of the FED, also acknowledged that FED can be patient and wait with rate hikes.

Forex Major Currencies Outlook (Jan 14 – Jan 18)

USD

December non-manufacturing PMI came in at 57.6 vs 59.0 as expected with prior reading being 60.7. Reading is a five-month low and the only bright point is that new orders ticked up higher.

Forex Major Currencies Outlook (Jan 7 – Jan 11)

USD

The final Manufacturing PMI for the month of December came in at 53.8 vs 53.9 as expected.

Forex Major Currencies Outlook (Dec 31 – Jan 4)

Please note that due to the New Year holidays, liquidity in the markets will be thin which can potentially lead to increased volatility and higher spreads, be sure to plan your trading accordingly.

USD

This week we will have the final PMI numbers for the month of December and on Friday the NFP data will be announced.

Forex Major Currencies Outlook (Dec 24 – Dec 28)

Please note that due to Christmas holidays liquidity in the markets will be thin which can potentially lead to increased volatility in the markets.

USD

Housing starts came in at 1256k vs 1228k as expected and building permits data came in at 1328k vs 1260k as expected.