Euro assets, which have been under pressure by the IMF in the past few days following warnings about Greece's economic situation, continued to lose with the fact that the production PMI figures we followed from Europe yesterday remained below expectations. The Fed / FOMC decisions were followed in the evening, while the manufacturing PMIs from the United States were also showing in reality below the forecast. The agency has made any changes in interest rates in parallel with market recommendatio…
kahinistanbul's Blog
EURusd overview
Comments from European Central Bank(ECB) officials continue to be effective on the pair side. Finally, the President of the Central Bank of Lithuania's speech that quantitative monetary expansion should not continue after December has led to upward attacks on the currency side despite recent political uncertainties in Germany. On the US side, the new home sales data we have followed yesterday is above expectations, while developments in trade wars are closely monitored. The latest US President D…
EURusd overview
In Italy, the coalition talks, which have remained uncertain for days, reached a happy end. Last Friday, the 5-star movement and the Northern League Parties, which reached an agreement on the new cabinet, formed the new government under the leadership of Giuseppe Conte. Although the parties ' agreement on the coalition eliminates political uncertainty, the steps that these two parties will take in the future will be critical, known for their anti-EU and populist rhetoric. In Spain, the other pro…
GBPusd overview
Important data were tracked by the U.S. Bureau of business statistics. Non-agricultural employment, which was expected to be 189,000, was 223,000, while the Fed's average Hourly earnings from the strong economic indicators were 0.3 per cent, compared to 0.2 per cent. The country's unemployment rate has reached its lowest level since April 2000 with 3.8 percent. After these figures, the US dollar assets partially recovered their losses during the day, while the positive data for the last 2 days w…