Fundamental Factors

Opening Report 8.02

Written by Research | 02 August 2010

Reinforced Trend!

GBP plus EURO vs. USD

Certainly the market has gotten most traders and investors surprised with the strength of the European majors to take the market's highlights. As the week started in Europe with the manufacturing data as presented by the final Euro Zone PMI manufacturing index and the United Kingdom were better than most have expected; touching a 56.7 high for the month of July. it has been the best performance for the past three months of the year.

Current Forex Review

Written by Trade team | 15 July 2010

More at stake!

With the relative declining volumes in line with the volatility index and not to mention the most recent report on the retail sales decline have given the market investors a negative view of the US dollar and its economic recovery.

EUR,GBP,CHF,JPY,AUD,NZD & CROSSES
youtube URL: http://www.youtube.com/watch?v=nmXuTO79ybc

Reports affecting FX

Written by research | 15 June 2010

SWISS Industrial Production
Actual -
Forecast -6.30%
Previous 6.40%

The Industrial Production measures the change in the total outputs of the Swiss factories, mines, and utilities. It gives us a good indicator of strength in the manufacturing sector. It can be a leading indicator of manufacturing employment, average earnings, and personal income.

European Market Dominance

Written by Research | 01 June 2010

The overwhelming and dominant factor of the Euro Zone has moved the financial markets for quite sometime now. The economic correlation between the major trading partners and the contagion effect will not easily be set aside even with the economic reports generated in the United States.