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dukfxx predicted bearish impact of Chicago Fed National Activity Index in the Fundamental analysis Contest

The Chicago Fed National Activity Index is a monthly index designed to gauge overall economic activity and related inflationary pressure.
last 3 month after the strong drop to -0.43 it corrected to reach last month -0.15 .
its expected this month to back again to the drops to reach -0.3 level and resume in this downward direction .
i expect USD/JPY will drop after this result release .

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dukfxx predicted bullish impact of RBA Meeting Minutes in the Fundamental analysis Contest

The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view .
since last 2 weeks RBA fixed the rate without any changes and mentioned about the good performance of the economy and no need for change the rate in this year .
i expect AUD will move up after this meeting results release .
i expect AUD/USD will raise after this result release .

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dukfxx predicted bearish impact of Existing Home Sales Change in the Fundamental analysis Contest

The Existing Home Sales provide an estimated value of housing market conditions. As the housing market is considered as a sensitive factor to the US economy, it generates some volatility for the USD.
Last March The Existing Home Sales raised strongly to reach 11.8% ( the highest since January 2016) .
last month it corrected from this strong level and drop by -4.9% .
i expect it will raise again over 2% level .
i expect EUR/USD will drop after this result release .

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dukfxx predicted bearish impact of Retail Sales in the Fundamental analysis Contest

The retail Sales measures the total receipts of retail stores. Quarterly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending.
last quarter retail sales bounced strongly to reach 1.7% ( the highest level since February 2018 ) .
its expected to drop this month to the negative levels around -0.2% as a correction from last quarter level .
i expect NZD/USD will raise after this result release .

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dukfxx predicted bearish impact of Adjusted Merchandise Trade Balance in the Fundamental analysis Contest

The Merchandise Trade Balance Total is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports that the Japanese economy heavily relies on a trade surplus. Therefore, any variation in the figures influences the domestic economy.
last month The Merchandise Trade Balance continued in the raise to reach ¥528.5B .
its expected this month to drop again around ¥250B .
i expect USD/JPY will drop after this result release .

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dukfxx predicted bearish impact of Construction Work Done in the Fundamental analysis Contest

The Construction Work Done measures the number of construction work done in the last month. It is a key indicator of the Australian construction sector.
last quarter the construction work done resume on its drop and drop by -3.5% .
its expected this month to correct but not strongly from this weak level to -2% level.
i expect AUD/USD will drop after this result release .

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dukfxx predicted bullish impact of Consumer Price Index in the Fundamental analysis Contest

The Consumer Price Index is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends.
after the strong drop in CPI ln February and March to 1.9% it began last month to raise from this weak level to up to 2% level .
i expect it will resume this month also in this raise to 2.2% level .
i expect GBP/USD will raise after this result release .

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dukfxx predicted bearish impact of Retail Sales in the Fundamental analysis Contest

The Retail Sales is a monthly data that shows all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence. It shows the performance of the retail sector in the short term.
last month the retail sales in Canada raised strongly to reach 0.8% level ( the best since July 2018) .
its expected this month to resume on its strong raise this month also and raise to reach 1% level also .
i expect USD/CAD will drop after this result release .