Fundamental Analysis - Tickmill Expert Blog - Forex Traders Blog

German ZEW January data underpins Euro sentiment as energy crisis risks abate

Incoming data on the German economy continues to install confidence to Euro longs. After PMI and ZEW, the positive series was updated by the Ifo report, which indicated an improvement in the prospects...

Aussie Soars As CPI Hits 33-year Highs

Q4 Inflation Spikes HigherThe Australian Dollar is seeing a flood of demand today on the back of the latest CPI figures, released overnight. Aussie inflation was seen spiking back up to 1.9%,...

Weak UK PMI data points to further Pound weakness

Incoming data on the EU economy roughly correspond to the thesis put forward by the market that the EU bloc will be able to dodge a recession. The PMI index from S&P Global climbed into the...

Fed Risks Curb Dollar Sell-Off Despite Fundamental Weakness

The imbalance in the policy rhetoric of the Fed and the ECB continues to widen, only this time the ECB is more hawkish, which cannot but prop up EURUSD. After a week of doubts, the pair tried to renew...

Precious Metals Monday 23-01-2023

Metals Market Reflects Uncertainty Ahead of Fed The metals market has certainly had an interesting start to the year. While golds futures have been broadly higher, breaking out to fresh YTD highs in...

FOMO Friday: DAX On The Rocks

Dax Turns Down Following Recent GainsLooking across markets, aside from the volatility we had around the BOJ meeting, it’s been a much quieter week. The calm before the storm perhaps, as we approach...

USD remains range-bound on dovish Fed rate hike outlook

Asset markets are somewhat sluggish and reluctant to recover on Friday, following Thursday’s drop, which saw S&P 500 breaking through 3900 points. Dollar was slightly bid on the back of growing...

Signs of a Risk-Off in Risk Asset Markets Curb Optimism in EURUSD

The minutes of the December policy meeting of the ECB released today reinforced the hawkish policy stance that the ECB tried to communicate during and after the meeting: the Bank is far from...

JPY Sinks As BOJ Sticks To Bond Purchases

BOJ Holds SteadyTraders were treated to some late New Year fireworks overnight as the Japanese Yen collapsed across the board in reaction to the latest BOJ meeting. Ahead of the January monetary...