06, April 2015

Fundamental analysis

Fundamental analysis

The US economic employment important data came out worse then forecasted medians will undoubtedly have a significant impact on the global financial markets. The ISM service sector data will be published on Monday, April 6.

The US dollar was under pressure - the dollar index basket (USDX) finished the trading day at the mark of 96.84. The pair EUR/USD increased by amid the USA Non-Farms and the US and Germany bond yields decline. Even the US trade balance positive release could not stop bulls from purchases.

During the day the pair GBP/USD was in the flat. The UK PMI construction sector weak data led to the quotations decrease to the level of 1.4775, but then the British pound has showed its growth.

The side trend was observed and with the USD/JPY during the day. The US trade balance positive release for February encouraged bulls to long, but without the strong dollar growth. The greenback sharply fell amid the negative US statistics.