Technical Analysis EURCHF : 2021-06-09
Downward movement means strengthening of the Swiss franc and weakening of the euro. The ECB meeting will take place on June 10th. No change in the 0% rate is expected. However, the European regulator...
View ArticleTechnical Analysis #C-RICE : 2021-06-10
Four US regions produce almost the entire US rice crop: Arkansas Grand Prairie, Mississippi Delta (parts of Arkansas, Mississippi, Missouri, and Louisiana), Gulf Coast (Texas and Southwest Louisiana)...
View ArticleTechnical Analysis GBPUSD : 2021-06-10
More real estate surveyors than forecast reported price increases in UK in their areas: 83 per cent of respondents reported an increase in UK house prices in May after 76% reported increases in April...
View ArticleTechnical Analysis #C-COTTON : 2021-06-11
The United States Department of Agriculture’s (USDA) June World Agricultural Supply and Demand Estimates report on Thursday projected 2021/22 lower world cotton beginning and ending stocks, production,...
View ArticleTechnical Analysis EURUSD : 2021-06-14
Euro-zone industrial production rose in April : the euro area statistical office Eurostat reported euro-zone industrial output rose 0.8% over month in April after 0.4% gain in March, when a steady 0.4%...
View ArticleTechnical Analysis USDIDX : 2021-06-14
Inflation in the US in May was 5%, which is the highest since August 2008. It far exceeded the Fed's target of 2%. Investors do not exclude that the American regulator will have to reassure market...
View ArticleTechnical Analysis EURUSD : 2021-06-15
Euro-zone’s trade surplus fell in April: the euro area statistics office Eurostat reported euro zone trade surplus fell to 9.4 billion euro in April after 18.3 billion in March, when an decrease to...
View ArticleTechnical Analysis #C-FCATTLE : 2021-06-15
According to the United States Department of Agriculture (USDA), the slaughter of cattle in the United States last week amounted to 665 thousand heads. This is 20 thousand heads more than last year's...
View ArticleTechnical Analysis GBPUSD : 2021-06-16
UK consumer inflation rose more than expected in May. The Office for National Statistics reported UK Consumer Prices Index rose 2.1% over year after 1.5% increase in April when a 1.8% growth was...
View ArticleTechnical Analysis #C-COPPER : 2021-06-16
In May, China's PPI reached a 12-year high of 9%. According to the country's leadership, this could pose a threat to economic growth. Investors do not exclude that in order to reduce world prices for...
View ArticleTechnical Analysis EURUSD : 2021-06-17
Federal Reserve edged a bit closer to tightening monetary policy at its June 15-16 meeting. US central bank raised its inflation and growth forecast and released projections that showed a majority of...
View ArticleTechnical Analysis NZDUSD : 2021-06-17
New Zealand economy grew more than forecast in Q2: Statistics New Zealand reported New Zealand GDP grew 1.6% over quarter in Q2 after 1% decline in Q1, when an 0.5% increase was expected. This is...
View ArticleTechnical Analysis #C-COFFEE : 2021-06-18
Brazil's Paraná Basin, which is home to Minas Gerais, the country's biggest coffee producing state, has been hit with a drought that forecasters expect to continue through August, according to a recent...
View ArticleTechnical Analysis GBPUSD : 2021-06-18
UK retail sales fell in May: the Office for National Statistics reported UK retail sales fell 1.4% over month in May after 9.2% growth in April, when a 1.5% increase was expected. This is bearish for...
View ArticleTechnical Analysis AUDUSD : 2021-06-21
Australian retail turnover rose less than expected in May 2021. The Australian Bureau of Statistics report showed Australian retail turnover rose 0.1% over month in May after 1.1% growth in April, when...
View ArticleTechnical Analysis USDZAR : 2021-06-21
As a result of the next meeting, the Fed announced that it does not exclude a 2-fold increase in the rate by 0.25% in 2023. This is a year earlier than investors expected. Fed head Jerome Powell did...
View ArticleTechnical Analysis GBPUSD : 2021-06-22
UK’s Confederation of British Industry survey results were better than expected: the CBI Industrial Trends Survey showed manufacturing output volumes in the three months to June grew at the fastest...
View ArticleTechnical Analysis USDSGD : 2021-06-22
An upward movement signifies a weakening of the Singapore dollar against the US dollar. Singapore inflation for May will be published on June 23rd. According to forecasts, it may turn out to be the...
View ArticleTechnical Analysis GBPUSD : 2021-06-23
UK’s manufacturing output continued to expand in June. Markit reported UK Manufacturing PMI declined to 64.2 in June from 65.6 in May when a decline to 64.1 was expected. Readings above 50.0 indicate...
View ArticleTechnical Analysis USDJPY : 2021-06-23
On June 23, materials from the BoJ Monetary Policy Meeting Minutes are expected to be published. BoJ Governor Haruhiko Kuroda may perform on June 24. Investors hope to receive information on the...
View Article