07/02/2023 Evening Reports

FED/Kashkari: “We Are Determined To Lower Inflation” *European Central Bank (ECB) member Villeroy said in a statement that inflation is not far from the peak level and that he does not think it is necessary to choose between fighting inflation and avoiding a recession. * In his speech today, FOMC Member Kashkari said that the […]

06/02/2023 Evening Reports

US Treasury Secretary Yellen: “Inflation Remains High” *In the Euro Zone, the Construction PMI for January, announced today, rose from 42.6 to 46.1, and in Germany from 41.7 to 43.3. In England, there was a decrease from 48.8 to 48.4. Apart from these data, December Retail Sales, another important data we follow in the Euro […]

27/01/2023 Evening Reports

Inflation Expectations Decreased in the USA… Inflation Expectations Decreased in the USA… US Personal Consumption Expenses (PCE) were announced today at 16:30. On an annual basis, the core index came in at 4.4% as expected. The previous figure was 4.7%. Reduction in expenditures will be an important factor that will positively affect inflation. A data […]

The daily reports for important events that affects the forex, stocks and commodities markets.

24/01/2023 Daily Reports

Support Level: 1.0760 – 1.0710 – 1.0630 Resistance Level: 1.0890 – 1.0950 – 1.1000 EUR/USD EUR/USD extends further the auspicious start of the new year and advances past the 1.0900 barrier for the first time since April 2022. It retreated from the top and ended Monday around 1.0860, still bullish in the daily chart. In […]

The daily reports for important events that affects the forex, stocks and commodities markets.

13/01/2023 Daily Reports

Support Level: 1.0825 – 1.0775 – 1.0715 Resistance Level: 1.0865 – 1.0900 – 1.1000 EUR/USD EUR/USD resumed its advance and reached fresh multi-month highs, as market players made up their minds and increased bet for high-yielding assets. US Dollar under strong selling pressure as investors price in two Fed 25 bps hikes before pausing. EUR/USD […]

The daily reports for important events that affects the forex, stocks and commodities markets.

12/01/2023 Daily Reports

Support Level :1.0700 – 1.0630 – 1.0550 Resistance Level : 1.0776 – 1.0800 – 1.0850 EUR/USD The Euro (EUR) resumed its uptrend vs. the US Dollar (USD) and rose to an eight-month new high around 1.0776, ahead of the release of the Consumer Price Index (CPI) in the United States (US), which is foreseen to […]

30/12/2022 Evening Reports

End of the year… We are coming to the end of 2022. As we approached the end of the year, the slight decline in US inflation data and China’s abandonment of its zero covid policy allowed the markets to breathe a little. This weekend was quiet due to the year-end holiday mood and the lack […]

28/12/2022 Evening Reports

Markets Remain Stable Towards the End of the Year… ØLimited price volatility continues in global markets. ØThere is a slight decline in the government bond rates, which has been on the rise with the statements of the hawk central banks recently, but the price activity is limited. ØWhile major instruments are traded at almost the […]

27/12/2022 Evening Reports

Last Week of the Year Global Bond Rates On An Uptrend… *Limited movements continue in post-Christmas market pricing. EURUSD parity is priced at 1.0625, Ounce Gold 1807, GBPUSD parity at 1.2020 and USDJPY at 133.35. *Global bond yields are on the rise in Germany and the USA. *Yesterday, Dutch Central Bank Governor Knot’s continued statements […]

The daily reports for important events that affects the forex, stocks and commodities markets.

06/12/2022 Daily Reports

Support Level: : 1.0430 – 1.0390 – 1.0290 Resistance Level: 1.0600 – 1.0700- 1.0800 EUR/USD The Euro is down against the US Dollar following the release of an upbeat US ISM Services PMI that underpinned the USD, while last week’s solid November US employment report shows the labor market remains tight. At the time of […]