kahinistanbul's Blog
EURusd overview
Today, the Economic Sentiment of ZEW, which measures investors ' stability, is worse than expectations for Germany with -116.1, while the euro zone Economic Sentiment data is well below the expected figures in the market with -116.6. Especially recently, this fluctuating negative picture of the German economy is causing pressure on euro assets. South Korean President Lee Myung-bak vowed Thursday to boost troops on a South Korean island near the countries ' disputed maritime border, setting build…
GBPusd overview
Important data were tracked by the U.S. Bureau of business statistics. Non-agricultural employment, which was expected to be 189,000, was 223,000, while the Fed's average Hourly earnings from the strong economic indicators were 0.3 per cent, compared to 0.2 per cent. The country's unemployment rate has reached its lowest level since April 2000 with 3.8 percent. After these figures, the US dollar assets partially recovered their losses during the day, while the positive data for the last 2 days w…
EURusd overview
Donald Trump got a stamp last night. Additional taxes on trump, us steel and aluminum sales will be levied in a specific language and the market will be seen in harsh price movements. Again, the European Union and Canadian news measures have led to double-currency transactions to be implemented against the US decision. In addition, following the presentation of Senate Fed President Jerome Powell yesterday, his presentation at the House of Representatives on Tuesday did not result in any repeated…
EURusd overview
On Tuesday, the Fed President Jerome Powell's presentation on monetary policy and economy in the House of Representatives shows the Hawks ' attitude in the market, and today the Senate's presentation will be followed. On the other hand, important data from the United States was followed yesterday. 4. While the quarterly GDP change was revised in line with expectations, the first calculation was below 0.1 percent. The Chicago Purchasing Managers Index was announced at 61.9 percent below expectati…
EURUSD overview
Services and compound PMIs described in the euro zone and Germany yesterday resulted in higher expectations, while the euro zone retail sales data took place in parallel with forecasts. On the other hand, the European Central Bank Mario Draghi said in the evening that the euro zone is still growing and that they are moving towards their targets for inflation and price stability. Germany's coalition talks are approaching the last days, while the sides agreed on the issues related to the European …
USDjpy general analysis
USDJPY's decline in BOJ's super-bond purchase has made the yen valuable, while the USDJPY parities retreated up to 112.25 support. If we look at the dollar wing, both on the bond side and on the dollar index front, The direction is up. For this reason, adhesion on 112.25 is technically important.
USDtry general analysis
The rebalancing of the dollar and the risk appetite for developing countries bring with it the rise in parity both in USD and TL. The parity has come mainly to important support and we have underlined this tiredness in our general TL comments. We continue to watch the channel as the trend is descending because it is early to say that the Fall is over. Main supports 3,7540 and 3,7300.
Overview of EURUSD parity
We are watching the EURUSD currency retracement up to 1.1910 support zone. The return in the market began after us data last week, and we see that the rise in prices is particularly effective. We are also following a downward trend in the risk appetite in the option market. 1.1910 and 1.1865 retracement can be viewed as critical support