JPY has been gaining for unknown reasons. just to much hype to its statements & its economy doesn't back up its recent gains according 2 some BOJ official.. I expect this pair 2 rise at some point.
Wed. -Gbp- Manufacturing prod. Thur.- HUGE DAY for -Gbp- Inflation Report , Monetary Summary & a speech by Carney May 18 - Gbp- Average earnings & Claimant count change May 26 -Gbp- Second estimate GDP Q/Q June 23 UK Referndum vote
its not a perfect even H & S but its somewhere there. I personally don't think Brexit will happen. It will set the world back a step & that's something the world doesn't need
NFP , unemployment rate & hourly wages coming & oil seems 2 be taking a minor dip.. Saudi increasing production.. worries of glut coming back but 2nd half of 2016 oil demand expectations are is good & we nearly there. oil 2 be rebalancing...
www.forexfactory.com
News coming . www.forexfactory.com & ...... my Must Know fundamentals in the link
despite all of this.. do keep an eye for -Aud- news www.forexfactory.com
Aud rate statement coming up. I personally don't think it will be cut.. Gbp Services PMI Aud retalils & trade balance expectations is good
Aud rate statement coming up. I personally don't think it will be cut.. Nzd Unemployment expectations is bad Aud retalils & trade balance expectations is good
A tick UP in China news expectations on Sat. & Mon. Monday -Euro- news expectations is partially bad, Draghi speech 2 listen I don't expect a rate cut from RBA & now that BOJ mentioned Oil prices 2 continue at this pace will raise inflation- something along those lines. So RBA can include it Wed.- Good -Aud- news expectations & Bad Euro news given that...
Core durable goods order & Consumer confidence 2day FOMC statement 2 pave the wave for EU.. ; As oil has found light & is balancing out higher inflation will be coming but dont get hyped up just yet.. the downside is that the Fed is watching global markets & global -Gdp-. Also Unemployment as ticked up, manufacturing still bad, strong dollar has been a problem...
•Core durable goods order & Consumer confidence came out bad which drove -Usd- down • FOMC statement 2 pave the wave for -Usd-Chf-.. ; As oil has found light & is balancing out higher inflation will be coming but dont get hyped up just yet.. the downside is that the Fed is watching global markets & global -Gdp-. Also Unemployment as ticked up, manufacturing...
Hello rich city. Here i come
•Core durable goods order & Consumer confidence came out bad which drove -Usd- down • FOMC statement 2 pave the wave for -Usd-Chf-.. ; As oil has found light & is balancing out higher inflation will be coming but dont get hyped up just yet.. the downside is that the Fed is watching global markets & global -Gdp-. Also Unemployment as ticked up, manufacturing...
keep note -Gbp- buys has been unpredictable & my reason is in the 4th link under updates. -Usd- new homes sales still steaming hot -Usd- core durable good expectations is good Keep an eye out for -Usd- consumer confidence Bad -Gbp- Prelim Gdp expectations
Purple zone is fine 2 buy.. Green zone is for sure buy Tues.- German Zew economic sentiment then few hours later is building permits & Housing Starts Wed.- German PPI Thur. Be careful with ECB Conference Friday- German Manufacturing PMI & Services PMI
The U.S. saw a net loss of eight oil rigs and one natural gas rig in the past week, according to weekly data compiled by Baker Hughes. That leaves a U.S. total of 431 rigs, including 88 gas-seeking rigs, which represents the lowest total count since the oil field services company first began compiling the data in 1944