Jan 21

FUNDAMENTAL ANALYSIS BY NSFX 21.01.2016

  • BY: Nati
  • January, 21st, 2016 12:20 +00:00

Good afternoon,

Following the ECB Interest Rate decision and Monetary Policy Statement and Press conference with Mario Draghi US figures and data including Initial Jobless Claims and the Philadelphia Fed Manufacturing Survey for January will be released. Crude Oil Stocks change figures later in the session. USDCAD trading at 1.4173 after the BoC left Interest Rates unchanged. The US FED Interest Rate decision is on Wednesday or next week, as it the RBNZ decision one hour later. NZDUSD could be a volatile pair next week leading into and after these bank decisions. NZDUSD trading at 0.6426 at time of writing.

I hope you all have a lovely evening.