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Market Updates

EncoreFX’s daily market updates are written by our experienced and professional currency market team.

UK Retail Sales Disappoint | Inflation Remains Muted

Germany’s economy barely avoided a recession after Q3 growth came in at 0.1%, while the Eurozone total growth continues to…

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US Inflation Report in Focus | Trump Reiterates Fed Criticism

The US dollar is expected to make minor advancements against the counterparts, as US inflation data is released this morning.…

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Trump Speech in Focus | German ZEW Sentiment Rises

President Donald Trump is due to deliver remarks at the Economic Club of New York later today. Markets will be…

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Canada’s Employment Report Due | EU Cuts Economic Growth Forecast

The Canadian dollar is expected to remain volatile against the US counterpart, as statistics Canada will issue its labour force…

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BOE Decision Day | US-China Trade Deal to be Delayed

The British pound is expected to remain volatile against the counterparts, as the Bank of England’s monetary policy decision is…

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WTI Edges Higher Ahead of Oil Inventory Data | German Factory Orders Rises

OPEC Secretary-General Mohammad Barkindo confirmed on Tuesday that they will be discussing deeper oil cuts at their last meeting of…

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Canadian Trade Balance Data Due | UK Services PMI Beats Estimates

  The Canadian dollar is expected to make minor advancements against the greenback, as Canada’s trade balance report is released…

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The Canadian Dollar Holds Firm | WTI Oil Surges

On Monday, the Canadian dollar was trading flat against the greenback. The market will be closely eyeing the Canadian employment…

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US Nonfarm Payrolls Report Due | UK Manufacturing PMI Beat Expectations

Today the US will release the October employment report. The nonfarm payroll report is expected to show 85,000 new jobs…

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Canada’s GDP Report Due | BoC Holds, Fed Cuts Rate

The Canadian dollar is expected to remain volatile against the greenback, as Canada GDP data is released this morning. The…

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