Fundamental Analysis – 19/02/2016

Feb 19

FUNDAMENTAL ANALYSIS BY NSFX 19.02.2016

  • BY:
  • February, 19th, 2016 1:14 +00:00

Good Morning,

Gold had a rough start to the week after stalling out in the key 1250.00 resistance zone, but based on the recent price action, we may be back testing that area before long. USDCHF is trading at 0.9932 while USDCAD is trading at 1.3738.

UK Retail Sales figures are on tap for today with current forecasts calling for a rebound in household spending. EURCAD is trading at 1.5247 while EURGBP is trading at 0.7743.

Australia RBA Foreign Exchange Transaction: 728M (January) vs previous 1175M. GBPCHF is trading at 1.4228 while EURCHF is trading at 1.1023.

Daily Performances (4.00 am. GMT);

Currencies / Indices / Commodities Performance
USDCHF 0.08%
NZDUSD 0.20%
GBPJPY - 0.44%
AUDUSD - 0.37%
USDCAD 0.49%
CAC 40 Index 0.15%
IBEX 35 Index - 0.83%
Euro Stoxx 50 Pr - 0.09%
FTSE 100 Index - 0.97%
Swiss Market Index - 0.37%

I hope you all have a nice day.

All the figures are as at the writing time.