Archives

USD/JPY Bullish Momentum Likely to Continue Amid Forecast of Increasing Inflation in the US

Japan – Household Spending On Monday, at GMT 11:30 p.m., the Japanese Statistics Bureau released the year-over-year Household Spending figure. It measures the inflation-adjusted value of all expenses by Japanese consumers.  Forex traders consider household consumer spending to be a leading indicator of a country’s economic health. This is because the amounts spent by consumers […]

read more

EUR/USD Bears Likely to Return If US Consumer Inflation Comes Above Expectations

Eurozone – German ZEW Economic Sentiment On Tuesday, at GMT 10:00 a.m., the Zentrum fur Europaische Wirtschaftsforschung (ZEW) released its German economic sentiment index. It measures the level of a diffusion index based on surveying 275 German institutional investors and market analysts. Since the professional investment community, investors and analysts have the latest data; their […]

read more

GBP/USD Bulls Likely Test the Multi-Week Downtrend Line Amid Forecast of Declining US Retail Sales

United Kingdom – Unemployment Rate On Tuesday, at GMT 12:30 a.m., the UK’s Office for National Statistics will release the national unemployment rate. It measures the percentage of the total workforce which remained unemployed over the past month. Forex traders consider the unemployment rate to be one of the most important fundamental indicators of the […]

read more

USD/CHF Breaking Above the Ascending Triangle Signals Further Bullishness

Switzerland – KOF Economic Barometer On Thursday, at GMT 7:00 a.m., the KOF Economic Research Agency will release its economic barometer index. It measures the changes in the level of a composite index. The KOF develops this composite index by analyzing 219 different economic indicators. Hence, CFD traders consider this to be an important fundamental […]

read more

USD/JPY Tests Key Support Once Again Amid Forecast of Declining US Retail Sales

Australia – Unemployment Rate On Thursday, at GMT 1:30 a.m., the Australian Bureau of Statistics will release the national unemployment rate. It measures the percentage of the total workforce which remained unemployed over the past month. Binary options investors consider the unemployment rate to be one of the most important fundamental indicators of the Australian […]

read more

AUD/USD Likely to Test Key Resistance as ADP’s Non-Farm Employment Figure Signals Slowing US Economy

Australia – Building Approvals On Monday, at GMT 9:30 p.m., the Australian Bureau of Statistics released the national month-over-month building approvals figure. It measures the changes in the number of approvals of new buildings. A building permit indicates new construction work. It also suggests that there would be additional positive economic activities. For example, new […]

read more