Fundamental Analysis for the upcoming week:This Builds on the previous week. Last week there some big Fundamental releases and the major Currency Pairs had some fairly large moves too.Relative to the USDCAD - +0.99%AUD - +0.35%GBP - -0.26%JPY - -0.72%NZD - -0.80%EUR - -1.88%CHF - -1.98%Last weeks main Event in my opinion was the 3 Year LTRO release from the ECB. This was how much money the ECB was to loan out to 800 banks across Europe at just 1%. The number came in at EUR 530Bn. This is a major risk event as this is designed to give stability and liquidity to the banks and large institutions. The main fear is the increase in the leverage of the ECB as it now supports more debts that it has loaned out with no more hard tangible assets, thus increasing its leverage.Therefore a small fall or default from a few of those loans then a total loss could happen and this would be very bad. Anyway the upcoming week should build on the previous week as it seems that there could be further weakness from EUR and CHF as seen in the end of last week.Because of the VERY high amount of fundamental Releases this week I will include more than the usual 5 top ones as there are just so many of importan…
Read article
Translate to English Show original