Foreign buying of Japanese stocks netted 306.2 Billion Yen during the week of March 9th – 13th, its highest amount in 3 months. Following the release of positive data from New Zealand, the NZD remained supported after recent gains against a basket of major currencies, the fourth quarterly GDP increased by 0.8%, slightly higher than the expected figure of 0.7%.

During the European session, the EUR/USD traded lower as traders took profit after yesterday’s gains. The Dollar retreated from record highs following Wednesday’s FOMC statement as Fed officials downgraded the country’s growth and inflation outlook.

During early U.S. trade, the Federal Reserve Bank released data showing that the Manufacturing Index indicated improving conditions with a figure of 5.0, lower than the expected figure of 7.0. Despite the data being negative the Dollar was little changed as expectations over an interest rate hike midyear continues to support the Dollar.

Ask us about our FREE financial advice program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

Countless Already Joined and Made a Profit - What About You?

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:  

During today’s early trading session, Asian stocks traded higher as the Bank of Japan maintained its massive stimulus program, furthermore, positive Japanese data showing that yearly exports increased. Following the BoJ monthly report, the Yen rallied against the Dollar as officials stated that Japan’s economy is expected to “continue its moderate recovery trend”.

During the European session, the GBP/USD dropped to its lowest level since 2009 following mixed UK data. The Claimant Count Change showed that the number of unemployed people declined by 31,000, slightly better than the expected figure of -30,000.

During early U.S. trade, the Dollar is traded cautiously against the Euro as investors are currently listening closely to the FOMC statement, volatility is expected to pick up as officials discuss interest rate decisions and factors affecting the economic outlook. It is expected that a rate hike will take place mid-year as the U.S. economy continues to show improvement, this move could weekend the price of Gold as the commodity is considered bearish with raising interest rates.

Ask us about our FREE financial advice program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

Countless Already Joined and Made a Profit - What About You?

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:  

During today’s early trading session, Asian stocks were mixed as investors await Japan’s Monetary Policy statement later this evening, traders will listen closely for clues on the outcome of future interest rate decisions.

During the European session, the EUR/USD is trading with bullish sentiment and retreating from 12 year lows, on Friday the pair dropped to 1.046 as expectations for an interest rate hike boosted demand for the Dollar. Traders are now awaiting ECB’s President Draghi’s speech at 18:45 GMT, traders will listen closely to his remarks for any clues on future monetary policy.

During early U.S. trade, the Dollar Index slipped lower after U.S. data showing that NY Empire State Manufacturing Index showed a lower than expected figure. On Wednesday the U.S. Federal Open Market Committee statement will take place, this a key event for investors as it discusses interest rate decisions and factors affecting the economic outlook.

Ask us about our FREE financial advice program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

Countless Already Joined and Made a Profit - What About You?

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:  

During today’s early trading session, Asian stocks traded higher after mixed Japanese reports. Following the release of negative Australian data showing that the Employment change during the month of February had risen by 15.6k the AUD rose against the Dollar and reached its weekly high.

During the European session, the Euro retreated slightly from 12 year lows against the Dollar, following the release of positive data from France, the French yearly and monthly HICP and the CPI all showed better than expected figures.

The Dollar index retreated from all-time highs as currency traders made gains. Furthermore, at the open of the American markets negative data releases showed that the Core Retail sales and Retail sales declined more than expected. These negative reports weighed on the Dollar, however expectations that the Fed is to raise interest rates midyear continues.

Ask us about our FREE signals program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

Countless Already Joined and Made a Profit - What About You?

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:  

During today’s early trading session, Asian stocks traded lower after mixed Chinese data. During early trade, USOil traded lower as the Dollar remained supported following a number of positive U.S. data releases.

During the European session, the Euro continued to decline against the Dollar, and reached its lowest level in 12 years, this came as significantly stronger data from the U.S. renewed expectations that the Fed is to raise interest rates midyear as the American economy continues to show improvement. Concerns over the situation in Greece also continued to weigh on the Euro, as talks between finance ministers extend to a second day in order to reach an agreement over Greece’s debt bailout.

During early U.S. trade, the Dollar continued to trade higher against a basket of major currencies, but gains were limited after U.S. data showed JOLTs job openings rose by 4.998M, lower than the expected figure of 5.053M, despite this slightly negative report, market sentiment over the U.S. economy remains supported.

Ask us about our FREE signals program: 

Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

Countless Already Joined and Made a Profit - What About You?

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook: