DynamicCapital-FX

DynamicCapital-FX

The positive dynamics are constrained by two main factors: a decrease in the risks of a banking crisis and increased pressure from American regulators on the activities of cryptocurrency platforms. Thus, the US Commodity Futures Trading Commission (CFTC) filed a lawsuit against the largest exchange Binance and its head Changpeng Zhao, accusing them offering...

DynamicCapital-FX

Today, the February data on the volume of industrial production in Germany were published, which turned out to be generally positive: the figure rose by 2.0%, which is significantly more than the 0.1% expected by experts. Serious upward dynamics was achieved mainly due to an increase in car production. Observers believe that the German industrial sector is...

DynamicCapital-FX

Today the weekly data of the US labor market was published, confirming its cooling. Thus, the number of initial applications for unemployment benefits increased by 228.0K, which is slightly less than the previous indicator of 246.0K, but higher than the forecast of 200.0K. At the same time, the total number of citizens receiving assistance from the state increased...

DynamicCapital-FX Updated 

Confident support for the instrument is provided by the fact that investors flee from risk against the backdrop of a noticeable deterioration in the situation in Eastern Europe. Early in the morning, Russian President Vladimir Putin authorized a special military operation on the territory of Donbass. Today, a large block of macroeconomic statistics from the US is...

DynamicCapital-FX

Oil prices edged lower on Thursday as investors took profits after two days of gains amid fears of aggressive U.S. interest rate hikes, but the losses were cushioned by expectations that a strong economic recovery will boost demand.

DynamicCapital-FX

In the absence of significant economic releases, the focus of investors' attention remains the pandemic situation in Australia, which continues to worsen. Today, more than 147K infected citizens have been recorded in the country, which is a record for the entire time of the pandemic. The number of hospitalizations is also growing, although, according to officials,...

DynamicCapital-FX

The focus of British investors' attention remains the political crisis associated with the figure of Prime Minister Boris Johnson. Earlier, he admitted that he attended a party with members of the government in May 2020 and thereby violated the quarantine rules in force at that time. The media suggest that such parties may have been held more than once. Johnson's...

DynamicCapital-FX

The euro was little changed on Friday as investors were grappled with a disappointing U.S. jobs gain and uncertainty around the potential impact of the Omicron coronavirus variant. Market participants viewed the payrolls report as not really altering the Feds plan to accelerate tapering of its asset purchases and possibly raise interest rates multiple times next...

DynamicCapital-FX

Gold prices rose nearly 1% on Friday as uncertainty sparked by the Omicron coronavirus variant and a dip in U.S. Treasury yields boosted the safe-haven metals appeal.

DynamicCapital-FX

Oil prices tumbled on Tuesday after Moderna's chief cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant, spooking financial markets and heightening worries about oil demand. Possible pullback before uptrend continuation in the following sessions.

DynamicCapital-FX

Sterling strengthened on Tuesday against weakening dollar on the expectations that the BoE could raise interest rates faster than the European Central Bank. Markets are pricing in around 8 bps of an increase in interest rates by the Bank of England on Dec. 16. That has fallen from more than 12 bps at the start of last week. Investors perceive global central banks...

DynamicCapital-FX

At the beginning of the week, the cryptocurrency market continued to grow, which allowed several leading assets to reach historic highs but then some of the positions were lost due to a sharp correction. The total market capitalization by the end of the week amounted to 2.814T dollars, the share of BTC decreased to 43.1%. Investors see digital coins as an...

DynamicCapital-FX Updated 

Yesterday, quotes showed a sharp rise, leveling the negative dynamics of the beginning of the week and renewing local highs since September 23. The instrument was supported by not the most confident macroeconomic data from the US, as well as strengthening of technical factors at the end of the week and month. Additional support for gold was provided by the fact...

DynamicCapital-FX Updated 

USD/CHF remains under pressure from the recently released minutes of the last meeting of the US Fed, which disappointed the markets. The decision to curtail the buyback of the bonds was postponed until November and no specific dates have been set.

DynamicCapital-FX

The British pound is showing multidirectional trading dynamics against the US dollar, trying to gain a foothold below the psychological level of 1.3500. The new week on the foreign exchange market starts relatively calm, as the macroeconomic calendar is empty, and Friday's publications from the UK were largely offset by a generally positive report on the US labor...

DynamicCapital-FX

USD has shown a moderate decline against CAD during the Asian session, developing mixed trading dynamics in the short term. Investors continue to focus on the situation with increased inflation, which forces the leading central banks of the world to act somewhat faster than the previously indicated timeframes. Thus, the US Fed and the Bank of Canada are already...

DynamicCapital-FX

GBPJPY is trading in a narrow range of 158.22 and 156.86 for the past three days. The pair has lost more than 20 pips after dismal UK retail sales data. It has declined for the fifth consecutive month to -0.2% last month compared to a forecast of 0.60%. Possible downward movements in the following sessions.

DynamicCapital-FX

EUR strengthens its position, despite the poor August data on the EU external trade. The trade surplus fell significantly from 20.7B to 4.8B euros, which was significantly worse than experts' expectations (16.1B euros). The countries of the Eurozone actively imported energy resources, the prices of which have noticeably increased recently, which was the main...