Forex Market View for May 26, 2016 Eurozone

Forex Market View for May 26, 2016 Eurozone Eurozone’s core inflation rate, i.e. the year-on-year change in the consumer price index excluding energy, food and beverages, has stabilized at 1%. Eurozone economy expanded at a solid rate of 0.6% on the quarter in the first quarter of 2016. Eurozone has turned around, as industrial production […]

Forex Market View for May 25, 2016 Brexit Poll

Forex Market View for May 25, 2016 Brexit Poll Latest IG/Survation UK Brexit poll results show 38% to leave and 44% to remain, 18% undecided. GBP has made an impressive recovery vs. the EUR since early April, with the most recent gains finding incentive from the results of the UK opinion polls regarding the June […]

Forex Market View May 24, 2016 German ZEW Index

Forex Market View May 24, 2016 German ZEW Index German ZEW index for May and the current situation rose from 47.7 to 53.1 (mkt 49.0) while expectations fell from 11.2 to 6.4 (mkt 12.0), leaving a mixed result overall. German and French readings showing improvement, the euro area headline composite PMI weakened slightly to 52.9 […]

Forex Market View for May 23, 2016 Japan Trade Surplus

Forex Market View for May 23, 2016 Japan Trade Surplus Japan reported its largest trade surplus in several years and nearly 30% higher than economists expected. JPY: Merchandise trade surplus widens to $427bn in April Japan’s customs trade for April revealed a further rise in the seasonally-adjusted trade surplus to JPY426.6bn, up from March’s JPY295.3bn. […]

Forex Market View for May 20, 2016 G7 Meeting

Forex Market View for May 20, 2016 G7 Meeting G7 meeting started today in Japan with Friday typically involves informal discussions that take place around a dinner. Japan’s finance minister Taro Aso comments crossing the wires via Reuters, as he speaks at the G7 meeting in Sendai. The ‘Brexit’ remains a key overhang for the […]