Author

Barry Norman Articles

4 months ago

GBP/USD Fundamental Analysis – Forecast for the week of September 19, 2016

The GBP/USD tumbled on comments from BoE Carney and the banks decision to hold fire at its meeting on Thursday. The pound closed the week at 1.3001 and is a strong sell moving into the new week. The pair is down 2% for the week and almost 12% on a year to date basis. It … Continue reading GBP/USD Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

USD/CAD Fundamental Analysis – Forecast for the week of September 19, 2016

The USD/CAD had a tough week as oil and gold tumbled and the dollar soared weighing heavily on the Loonie. The currency closed the week at 1.3213 with the pair gaining 1.26% for the week and remains a strong buy moving into the new week. The pair is down 4.54% on a YTD basis. CAD … Continue reading USD/CAD Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

EUR/GBP Fundamental Analysis – Forecast for the week of September 19, 2016

The EUR/GBP got bounced around this week to close at 0.8570. Both currencies were down for the week but the pound took the largest hit after the BoE held rates and policy. The euro was hit hard by weak data and worries over banks in Italy. The negotiations between European Union and United Kingdom will … Continue reading EUR/GBP Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

EUR/USD Fundamental Analysis – Forecast for the week of September 19, 2016

The EUR/USD ended the week with a loss of just under 1% as the greenback continued to rally. The dollar is up as we count down days to the FOMC meeting. The euro is also troubled by the DOJ settlement offer to Deutsche Bank for 14 billion US dollar. The euro will open the new … Continue reading EUR/USD Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

USD/JPY Fundamental Analysis – Forecast for the week of September 19, 2016

The USD/JPY closed the week at 102.28 dead center of its trading range as traders are focused on the Bank of Japan meeting as bank members leave markets completely uncertain. The pair is a strong sell this week with the two banks expected to do the exact opposites. The yen was down 0.4% on the … Continue reading USD/JPY Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

AUD/USD Fundamental Analysis – Forecast for the week of September 19, 2016

The AUD/USD will open in the new week at 0.7489 weighed down by the strength of the US dollar and lackluster jobs data. The Aussie is down 0.69% for the week and is neutral moving into the new week. The central bank meeting this week will determine the course of this currency. The US dollar … Continue reading AUD/USD Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

NZD/USD Fundamental Analysis – Forecast for the week of September 19, 2016

The NZD/USD is a strong buy in this new week as it is expected to recover the losses in the new week after the BoJ decision and the FOMC meeting. The pair closed the week at 0.7267 down 0.83% for the week. The RBNZ will meet later this week but no changes are expected. The … Continue reading NZD/USD Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

Oil Fundamental Analysis – Forecast for the week of September 19, 2016

Crude Oil closed at 43.23 down almost 6% for the week and down3.25% for the year.  As the producers meeting draws near traders do not think that the participants will be able to meet an agreement. Even if they freeze production their current levels are at record highs. Brent oil is trading at 46.02 down … Continue reading Oil Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

Gold Fundamental Analysis – Forecast for the week of September 19, 2016

Gold ended the week at the bottom of its trading range as traders prepare for the BoJ and the FOMC as the odds of a rate increase this year grows. Gold closed the week at 1313.25 down 1.27% for the week and is down almost 24% on the year to date basis. Gold is a … Continue reading Gold Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

Natural Gas Fundamental Analysis – Forecast for the week of September 19, 2016

Natural Gas soared at the end of the week to close at 2.954 as we move into the mid-season, but increased global demand for US natural gas is helping to support prices as new demands will soon outpace production. NG remains a strong buy gaining 5.61% this week and is up 26% on a year … Continue reading Natural Gas Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

Copper Fundamental Analysis – Forecast for the week of September 19, 2016

Copper ended at 2.158 as Chinese data leaves the markets unsure. Copper is up 3.35% for the week.  copper prices are trading lower by 0.3 percent today at $4765 per tonne as risk appetite is limited ahead of crucial central bank meetings from the US and Japan next week. Besides, supply remains high as Peru’s … Continue reading Copper Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

S&P 500 Fundamental Analysis – Forecast for the week of September 19, 2016

The S&P 500 will enter a crazy week at 2139.17 and is a strong buy as traders expect the markets to recover after the FOMC decision. The strength of the US dollar is weighing on equities while many traders moved to the sidelines ahead of this week’s major events. The index is down remains up 9.25% for … Continue reading S&P 500 Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

DAX 30 Fundamental Analysis – Forecast for the week of September 19, 2016

The DAX 30 had a rocky week and remains weak after the US Department of Justice proposed a settlement with Deutsche Bank of 14 billion dollars to resolve the US mortgage crisis. The index is down almost 3% for the week and 4.35% for the year. The DAX will open at 10276.00. Banks were led lower … Continue reading DAX 30 Fundamental Analysis – Forecast for the week of September 19, 2016

4 months ago

EUR/GBP Fundamental Forecast – September 19, 2016

The EUR/GBP gained 35 points as the pound tumbled harder than the euro as both currencies remained weak in today’s session. The pair is trading at 0.8528. Pound slumps as BOE hints at further easing The pound slumped on Thursday after the Bank of England left the door open for a further expansion of its stimulus … Continue reading EUR/GBP Fundamental Forecast – September 19, 2016

4 months ago

GBP/USD Fundamental Forecast – September 19, 2016

The GBP/USD tumbled 78 points to 1.3163 as the greenback rallied ahead of the Federal Reserve meeting next week. Lower inflation and lackluster jobs numbers and inaction by the BoE allowed the pound to fall most of the week. The only thing which investors will continue to pay attention to will be the economic data … Continue reading GBP/USD Fundamental Forecast – September 19, 2016

4 months ago

EUR/USD Fundamental Forecast – September 19, 2016

The EUR/USD dipped 20 points on a quiet trading day with little data on the calendar traders focused on next week’s FOMC meeting and ongoing problems with Italian banks. The euro is trading at 1.1224 dead center of its recent trading range. The US dollar gained 20 points as traders are now expected a rate … Continue reading EUR/USD Fundamental Forecast – September 19, 2016

4 months ago

USD/CAD Fundamental Forecast – September 19, 2016

The USD/CAD soared 49 point to 1.3205 as oil prices tumbled gold eased and the greenback soared. The ICE U.S. Dollar index, a measure of the greenback’s strength against a basket of six rival currencies, was flat at 95.480. Many are now looking ahead to meetings of the Federal Reserve and Bank of Japan next … Continue reading USD/CAD Fundamental Forecast – September 19, 2016

4 months ago

S&P 500 Fundamental Forecast – September 19, 2016

The S&P 500 recovered 21 points to 2147.26 showing little response to the stronger US dollar as traders moved the probably of a rate increase out until December. Following yesterday’s S&P surge catalyzed by several dreadful economic news, the overnight session has seen some good old “risk off” mood which first hit European shares as a result … Continue reading S&P 500 Fundamental Forecast – September 19, 2016

4 months ago

DAX 30 Fundamental Forecast – September 19, 2016

The DAX 30 tumbled over 111 points to trade at 10319.50 as traders moved away from equities and commodities ahead of next week’s major bank meetings. The U.S. Justice Department proposed that Deutsche Bank AG pay $14 billion to settle a set of high-profile mortgage-securities probes stemming from the financial crisis, according to people familiar with … Continue reading DAX 30 Fundamental Forecast – September 19, 2016

4 months ago

Oil Fundamental Forecast – September 19, 2016

Crude Oil tumbled 72 cents to 43.19 and Brent Oil gave up 79 cents to 45.80 as traders looked more closely at supply and demand as global production continues to soar. Markets are not expecting much in the way of an agreement at next week producers meeting and even if the major producers agree to … Continue reading Oil Fundamental Forecast – September 19, 2016

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