Fundamental Analysis – 28/01/2016

Jan 28

FUNDAMENTAL ANALYSIS BY NSFX 28.01.2016

  • BY:
  • January, 28th, 2016 1:45 +00:00

Good Morning,

The Reserve Bank of New Zealand has kept the official cash rate (OCR) at 2.5%, but hinted it could be lowered later this year. USDCHF is trading at 1.0153 while USDCAD is trading at 1.4094.

United States Fed Interest Rate Decision in line with forecasts (0.5%). EURCAD is trading at 1.5394 while EURGBP is trading at 0.7649.

United Kingdom BBA Mortgage Approvals below forecasts (45.5K) in December: Actual (43.975K). GBPCHF is trading at 1.4449 while EURCHF is trading at 1.1058.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

NZDUSD

-          0.98%

GBPJPY

-          0.61%

AUDUSD

0.32%

USDCAD

-          0.16%

EURGBP

1.02%

CAC 40 Index

0.54%

IBEX 35 Index

0.56%

Euro Stoxx 50 Pr

0.35%

FTSE 100 Index

1.33%

Swiss Market Index

0.10%

I hope you all have a nice day.

All the figures are as at the writing time.