Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

All eyes focusing on ECB and euro
All eyes focusing on ECB and euro

Looking ahead, highlights rom macroeconomic calendar include UK GDP and output data, Swedish inflation, ECB rate decision & press conference, US CPI, IJC, EU Council Meeting, BoC's Beaudry, FDA EUA meeting

EUR/USD is trading lower before ECB
EUR/USD is trading lower before ECB

U.S. stock markets are set to open mostly higher, supported by signs that the U.S. is edging closer to agreeing a fiscal package to lighten the burden on the economy from the latest wave of the Covid-19 pandemic.

EUR/JPY: bouncing down again?
EUR/JPY: bouncing down again?

The mid-term perspective suggests there is a high likelihood of a slide downwards with EUR/JPY. Why? See the article.

EUR/USD remains strong
EUR/USD remains strong

US stocks are set to extend Monday’s losses when markets open later, as concern about the spread of lockdown measures to tackle the pandemic returns to haunt cyclical stocks.

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