Forex Consulting

UK Dec Halifax house price index m/m -0.6% vs +0.2% expected

Latest data released by Halifax Bank of Scotland – 8 January 2018 According to , the housing market in 2017 followed a similar pattern to the previous year. House price growth slowed, whilst building activity, completed sales and mortgage approvals for house purchase all remained flat. This has been driven by a squeeze on real wage…

Forex Consulting

Switzerland December CPI m/m 0.0% vs -0.1% expected

Latest data released by the Swiss Federal Statistical Office – 8 January 2018 The CPI y/y reading remains flat, nothing too much to glean from the data point. As I mentioned in the calendar preview, data points for Switzerland don’t matter as much as the SNB’s view on the data points themselves. Copyright 2015 Forexlive.com

Forex Consulting

EUR/USD falls to session lows – under 1.2000

Dollar strength continues to take over as the euro falls further on the day EUR/USD touches session low of 1.1992 as the dollar stretches its gains on the day. Looking at the hourly chart, there’s support level nearby at the 1.1989 level – the 200-hour MA. Copyright 2015 Forexlive.com

Forex Consulting

ForexLive Asia FX news wrap: Korean won a mover

Forex news for Asia trading Monday 8 January 2018 Weekend: The Korean won was a big mover today, with rumours of Bank of Korea intervention to buy USD/KRW and drive the won lower, but also strong jawboning from the Bank – they said they’d act ‘sternly’ on one-way moves. Earlier chart: Copyright 2015 Forexlive.com