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SikmaN predicted bullish impact of Retail Sales in the Fundamental analysis Contest

USD/JPY. The basic consumer price index excluding foodstuffs and energy carriers rose to 2.1% year-on-year, up from 1.8% a month earlier. In other words, inflation in the US is recovering, gradually approaching the target of the American regulator. I expect the growth of the currency pair on the release of this news.

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SikmaN predicted bullish impact of Industrial Production in the Fundamental analysis Contest

USD/JPY. The basic consumer price index excluding foodstuffs and energy carriers rose to 2.1% year-on-year, up from 1.8% a month earlier. In other words, inflation in the US is recovering, gradually approaching the target of the American regulator. I expect the growth of the currency pair on the release of this news.

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SikmaN predicted bullish impact of Claimant Count Change in the Fundamental analysis Contest

GBP/USD. Voting members of the Fed unanimously recognized the improvement of economic conditions in the domestic market, as well as the existence of stable expectations of inflationary growth. Against this background, some representatives of FedRezerv spoke in favor of a more aggressive pace of tightening policy. I expect the growth of the currency pair on the release of this news.

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SikmaN predicted bearish impact of ZEW Survey - Economic Sentiment in the Fundamental analysis Contest

EUR/USD. According to the ADP, private sector employment was 241,000 versus the expected 210,000. Moreover, February figures were revised upward to 246,000 from 235,000 reported initially. Against the euro, and national statistics on inflation. Despite the growth of the general consumer price index to 1.4% in annual terms, core inflation continues to decline. I expect a decline in the currency pair when this news is released.

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SikmaN predicted bullish impact of Building Permits in the Fundamental analysis Contest

USD/JPY. President of the United States Donald Trump, as well as his adviser Larry Kudlow, still managed to calm the markets by making a statement of openness to the talks with China. In their view, changes in the tariff scale for Chinese imports may not enter into force if China also agrees to make concessions. I expect the growth of the currency pair on the release of this news.

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SikmaN predicted bullish impact of Industrial Production in the Fundamental analysis Contest

USD/JPY. The demand for the dollar is a consequence of the reduction in geopolitical tensions between the US and China. I expect the growth of the currency pair on the release of this news.

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SikmaN predicted bearish impact of Consumer Price Index in the Fundamental analysis Contest

GBP/USD. The dollar may have another reason for fundamental growth. As a local risk for the recovery of the dollar, it is worth noting the potential threat of an exacerbation of the situation around Syria, however, at the current stage, most assume that the US will no longer display military activity in the region. I expect a decline in the currency pair when this news is released.

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SikmaN predicted bearish impact of Consumer Price Index in the Fundamental analysis Contest

EUR/USD. Data on US retail sales strengthened market expectations that high consumer activity will continue to support the national economy. In particular, the volume of retail sales in March grew after three months of decline in a row, due to the increased demand of households for durable goods. I expect a decline in the currency pair when this news is released.

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SikmaN predicted bullish impact of Unemployment Rate in the Fundamental analysis Contest

USD/RUB. Do not forget about the activity of the Ministry of Finance of Russia, which continues to buy foreign currency in the domestic market. Such actions also do not contribute to the appreciation of the ruble. I expect the growth of the currency pair on the release of this news.

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SikmaN predicted bullish impact of BoC Rate Statement in the Fundamental analysis Contest

USD/CAD. The exchange rate continues to be determined by the price of oil. Against the backdrop of the dynamics of black gold, it became clear that market participants are again being pawned under the risks of negative impact on quotes from the growth of activity of American oil producers, as well as the lack of efforts by OPEC to rebalance the global market. I expect the growth of the currency pair on the release of this news.