Alpari Fundamental reports


Daily analytical report (13/12/17)
With the FOMC meeting around the corner, we take a look at three instruments this could affect: DAX, USDJPY, and EURCHF.



EURUSD: correction ahead of the FOMC meeting
On Tuesday the 12th of December, trading on the euro/dollar pair closed down. The pair spent most of yesterday around the LB balance line (sma 55) at 1.1770. The rate then took a sharp dive after the publication of the producer price index in the US. The year on year value came out higher than expected to give investors more sleepless nights over the country’s low level of inflation.



U.S. producer prices rise strongly, point to firming inflation (news: 12/12/17)
WASHINGTON (Reuters) - U.S. producer prices rose in November as gasoline prices surged and the cost of other goods increased, leading to the largest annual gain in nearly six years.



Daily analytical report (12/12/17)
This week will be all about the central banks. Four major institutions will make their interest rate decisions: Fed, ECB, BoE and SNB. From those four, only the US should see a change. Currently on the markets, we can see three nice trading setups: NZDUSD, EURGBP, EURUSD.



EURUSD: daily candlesticks have formed a range of 1.1730 to 1.1812
On Monday the 11th of December, trading on the euro/dollar pair closed slightly down, leaving a wick with a high of 1.1812 before dropping to 1.1769. With a bare economic calendar, market activity at the beginning of this week has got off to a slow start. Traders based their decisions mostly on the dynamics of US bond yields. In Europe, US 10Y bond yields dropped to 2.354%, before recovering to 2.391% in the US session. Growth for bond yields means growth for the dollar.



Hotly anticipated bitcoin futures ease off after 22 percent surge (news: 11/12/17)
NEW YORK/SYDNEY/LONDON (Reuters) - Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use.



EURUSD: rebound from the 45th degree expected
On Friday the 8th of December, trading on the euro/dollar pair closed slightly down. The euro dropped to 1.1730 ahead of the payrolls report, recovering to 1.1772 after its publication.



Strong U.S. job growth, rebound in wages bolster economy's outlook (news: 08/12/17)
WASHINGTON (Reuters) - U.S. job growth increased at a strong clip in November and wages rebounded, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing.



Daily analytical report (08/12/17)
After a mid-term downwards correction on the DAX, it's starting to look up. The USD is looking strong ahead of the NFP report and we're seeing a bullish surge on the USDCHF pair.



EURUSD: euro falling under pressure from the crosses
On Thursday the 7th of December, trading on the euro/dollar pair closed down. The euro hit a low of 1.1776 on the back of a decline on the euro/pound cross. The GBPUSD pair dropped to the 1.3320 mark before mounting a 165-pip recovery to reach 1.3485. As the pound’s surge gained momentum around 1.3420 level, the declining euro/pound cross dragged the euro down with it against the dollar from 1.1815 to 1.1773 (-42 pips).



Forex Market Updates: Strong US NFP

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| September 12, 2017

FOREX – US Dollar Keeps Steady Rise as North Korea Scare, Risk Sentiment Wane The US currency maintained its ealier advance on Tuesday, after an unexpected recovery on the...

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| April 10, 2017

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| April 22, 2015

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GBP/USD in a Bullish Breakout ahead of the BOE Inflation Report

Consolidation: The GBP/USD has been consolidating above the 1.4950-1.50 support area, which was the...

| February 11, 2015

Consolidation: The GBP/USD has been consolidating above the 1.4950-1.50 support area, which was the lows on the year so far, and maybe for a bit longer. I say that...

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AUD/USD - Trading the Aussie Employment Report

Backdrop: When we look at the 1H AUD/USD chart, we see a market that...

| February 10, 2015

Backdrop: When we look at the 1H AUD/USD chart, we see a market that is consolidating in a narrow range roughly between 0.7745 and 0.7875. Last week’s strong US...

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GBP/JPY Putting in a Price Bottom after the BoE Statement

Today, the Monetary Policy Committee (MPC) concluded its 2-day meeting and voted to hold...

| February 5, 2015

Today, the Monetary Policy Committee (MPC) concluded its 2-day meeting and voted to hold the overnight bank rate at its historic low of 0.50% and maintained the asset purchase...

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AUD/NZD Continuing its Uptrend after the RBNZ Statement

The Reserve Bank of New Zealand (RBNZ) held its official cash rate at 3.50%....

| January 28, 2015

The Reserve Bank of New Zealand (RBNZ) held its official cash rate at 3.50%. It has been holding the key interest rate here for the 5th time, with some...

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USD Gains After FOMC Except Against the JPY

Despite low inflation and other central banks going dovish, cutting rates, and increasing stimulus,...

| January 28, 2015

Despite low inflation and other central banks going dovish, cutting rates, and increasing stimulus, the FOMC provided a positive assessment of the economic recovery. This suggests that mid-2015 is...

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AUD/NZD Stalling at 1.0750 Ahead of RBNZ

AUD/NZD has been bullish since marking a record low at 1.0353 earlier in January....

| January 28, 2015

AUD/NZD has been bullish since marking a record low at 1.0353 earlier in January. Since then it has rallied to 1.0758 last week, but has stalled there and started...

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USD/JPY Consolidating Ahead of the FOMC Meeting

USD/JPY is trading at the crossroad ahead of tomorrow’s FOMC meeting. In the daily...

| January 27, 2015

USD/JPY is trading at the crossroad ahead of tomorrow’s FOMC meeting. In the daily chart we can see the pair consolidating in a descending triangle and price pretty much...

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