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EURUSD Likely to Have Another Bullish round...

The NonFarmPayroll report was what the market was looking forward to, for the whole of last week and it came in at a much weaker than expected value of 138K and the wages report also came in weaker than expected. We also saw that the previous numbers were also revised lower and overall, it was a disappointment for the dollar bulls. But, it was not a wholesale disaster as yet and this still keeps the door open for a rate hike from the Fed when they meet in the middle of the month but the report w…
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EURUSD Likely to Have Another Bullish round...

The NonFarmPayroll report was what the market was looking forward to, for the whole of last week and it came in at a much weaker than expected value of 138K and the wages report also came in weaker than expected. We also saw that the previous numbers were also revised lower and overall, it was a disappointment for the dollar bulls. But, it was not a wholesale disaster as yet and this still keeps the door open for a rate hike from the Fed when they meet in the middle of the month but the report w…
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EURo set to fall amid election result chaos

THE euro could fall this week as the outcome of the March 15th Dutch election threatens to cast more doubts over the future of the EU.
Although last week’s European Central Bank (ECB) meeting gave the euro a boost, uncertainty about the next Prime Minister of the Netherlands has unsettled the currency.
Recently the euro was able to hit multi-week highs against the pound and US dollar as investors judged that the odds of an election victory for Dutch populists had fallen.
Much of the election cov…
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