News digest on May 14
The market continues to be in a risk-off mode. Time to gain on falling!
Forex News
Key information updates for profitable trading
Information is not investment advice
Retail data for the US: down again?
The US will publish headline and core retail sales at 15:30 MT time on May 15.
NZD/USD: testing tactical support
The Reserve Bank of New Zealand made announcements regarding its monetary policy. The NZD/USD dropped.
What do you need to know on May 12?
Main movements on the market: risk-off mood strengthened USD, AUD dropped on China’s imports’ ban and Saudi Arabia cut oil production.
Should we expect more easing by the RBNZ?
The Reserve Bank of New Zealand (RBNZ) will publish the monetary policy statement and announce the interest rate at 06:00 MT time on May 13.
Gloomy future of the US-China trade deal
Is the fresh news on the US-China trade deal satisfying enough? Let's find out.
What moves the market on May 8?
NFP, China-US trade and other factors
The US inflation: getting worse?
The US CPI and core CPI are due at 15:30 MT time on May 12.
USD: trading April NFP
NFP for April are coming. 22mln jobs to be deducted from the list. Will the USD withstand the hit?
What drives the market on May 7?
The main focus is on the UK as the Bank of England made an announcement this morning. Let’s see what’s happening with the British pound and what else moves the market today.
May 2020 forex season trading
April seasonal patterns weren’t supposed to work, but somehow they did. Even a strong fundamental issue such as the global recession amid the coronavirus couldn’t overwhelm it. That’s why May seasonal patterns may work as well.
Will the USD get stronger on NFP?
Non-Farm Payrolls data will be released on Friday at 15:30 MT time.