Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.
Disclaimer: Company does not offer investment advice and the analysis performed does not guarantee results.
AUGUST 23, 2019 01:30 am
Charlotte McConnellEUR/USD Daily Analysis: August 23, 2019
The euro is trading lower against the greenback after the opening of US session on Friday prior to the speech of Fed chief, Jerome Powell. The common currency is under pressure of the unknown that pushed Fed policymakers to decide for hawkish decisions on Thursday as they were also uncertain to provide more stimulus to the economy. ...Read More
AUGUST 22, 2019 01:36 am
Charlotte McConnellEUR/USD Daily Analysis: August 22, 2019
In the beginning, the market reaction induced volatility. However, the euro major pair kept the pair in range and was ahead for the week. At the same time, the future markets have revised lower their expectations for further reduction. Although, they have already priced in another cut in September. The result of PMI data...Read More
AUGUST 20, 2019 12:34 pm
Charlotte McConnellEUR/USD Daily Analysis: August 20, 2019
The euro major pair faces pressure for the whole week but still, the dollar strengthened as the DXY index rises higher than the resistance. It was able to close higher than 98.25 daily level, which was the same level that kept the price lower in April and May and almost close to the two-year high....Read More