
Hints and Ideas about Fx Majors
khalidamassi Veröffentlicht 4 Feb. in #USD #Ecb #Fundamental #Eurusd #Technical #Central Banks #Boj #Dxy #Fed #Pair ReviewIdeas from last week :
- USD enjoyed a ride against most currencies as US data helped a lot, ADP and NFP employment data were better, Wages growth at 2.9% VS 2.6% expected and all of this helped expectation of higher interest rate at (FED) March meeting.
- Euro still hold last month gains VS majors as EU data still helpful, also most of (ECB) speakers agreed that next normalization step should be soon and some hint that QE may end at September meeting and all of this helpful for Euro bulls.
- Aussie got a hit last week as most AUD data disappointed, Mean CPI Q/Q 0.6% VS 0.7 expected, Building approvals -20% VS -7% expected and all of this put heavy weight on Aussie.
- Kiwi moved in mixed VS majors as no significant Kiwi data last week but Kiwi mostly affected by drop of Aussie which in most time move in same direction VS majors.