USA: retail sales in focus – Commerzbank

FXStreet – In the US, a significant increase in retail sales in April, said Dr. Ralph Solveen, Commerzbank expert. Important Quotes: The weakness of private consumption in the United States in the first quarter is not likely to be permanent. After the March data showed a revival, will confirm the retail sales in April, these […]

Upside risks in GBP/USD to take

On an hourly basis, the GBP/USD reached its lowest Momentum of the last 20 trading days. The recent fall in the GBP/USD is accompanied by an above-average reading of the MACD. These dynamics can be applied to higher Timeframes, resulting in an upward correction may result

EUR/USD remains in the short term, negative – Commerzbank

FXStreet Karen Jones, head of FICC Technical analysis at Commerzbank, notes that the prospects of the EUR/USD in the short term remain negative. Important Quotes “The Euro fell after the important Umkehrtag on Monday, and with the divergence at the daily RSI. This allows a downward movement, the upward pressure will only be negated with […]

The economy is growing solidly – BoE Carney

FXStreet – The Bank of England Governor Mark Carney, added: “Since the forecasts were made has increased the market curve.” “The factors should not stop the wage weigh on growth.” “Brexit plays an important role in the economic Outlook.” “The economy is growing solidly.” “The BoE has not dealt with a disordered Brexit.” ** FXStreet […]

Current MPC monetary policy is appropriate – BoE Carney

FXStreet – On his press conference, Governor Mark Carney said today: “The GBP appreciation could be the expectations of a smoother Brexit gradient-reflect.” “Projected to Exceed the Inflation is a result of the decrease of the GBP in November 2015.” “The current MPC policy is appropriate.” “The Inflation lie in the forecast period over the […]