The past week was filled with Fundamental data releases. Here is a summary which may assist in finding trading opportunities in the week to come.

NZD - The early week employment release for New Zealand saw the pair miss in data yet once again. It is quite clear that the labor sector is struggling. We have already seen a larger reversal in several NZD pairs a few weeks back after some temporary strength. At the moment, the single currency may be considered oversold, but any rallies can be expected to be sold into the next week.

GBP - The British Pound has been moving sideways down for several months. This past week we have seen a very Dovish tone from the UK. Inflation remains a concern, and growth is starting to weigh in. The pair has finally made a clear downside break. Rallies can be expected to be sold into the next week.

USD - The strong NFP number increased market expectancy of a December rate hike. Whether the hike materializes or not is irrelevant at this point as It has become clear that the market has started to price one in. Dips will likely be bought in the USD in the upcoming week.

AUD - A light week for the Australian Dollar, the previous week's monetary policy report came across as a bit hawkish. The single currency may show some strength against the weaker currencies in the upcoming week.

EUR - No significant data, however the market remains biased that Draghi and the ECB will implement further stimulus

CAD - A mixed picture for the Canadian Dollar. Labor data has come in positive, however pressure on oil puts pressure on the currency

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