Fundamental view: The Euro could not manage against the greenback last week and forecasted a bearish trend. US Empire State Manufacturing Index on 17th Aug and Europe Current Account, Final CPI yearly on 19th Aug favored uptrend for the pair whereas US NAHB Housing Market Index on 17th Aug, Europe German Flash Services PMI and [...]
Fundamental view: Japan Prelim GDP Price Index yearly report and Prelim GDP quarterly report on 17th Aug and Japan Core Machinery Orders at 19th Aug created a bullish market for the pair whereas US Empire State Manufacturing Index on 17th Aug and US Unemployment Claims on 20th created a bearish environment for the pair. Yen [...]
Fundamental view: The British pound was up in the week initially and later fell down. Britain CPI yearly report and Core CPI yearly report on 19th Aug, US Unemployment Claims on 20th Aug, favored uptrend whereas US NAHB Housing Market Index on 17th Aug and Britain GfK Consumer Confidence on 21st Aug favored downtrend. Dollar [...]
Fundamental view: Aussie showed a mixed trend for the past week. US Empire State Manufacturing Index on 17th Aug and US Crude Oil Inventories on 19th Aug framed bullish trend for the pair whereas US Building Permits, Housing Starts on 18th Aug and Australia Flash Manufacturing PMI on 21st Aug set a bearish environment for [...]
