Eren Sengezer

Eren Sengezer

Born in İzmir (Turkey), Eren Sengezer is a News Editor & Analyst at FXStreet. Receiver of “Certificate of Distinction in Study of Economics” from California State University Northridge, Eren specializes in the assessment of macro data and their potential impact on financial instruments. Before covering the American session on FXStreet, Eren worked as the Chief Editor of the FXStreet’s Turkish site for five years.

Articles by Eren Sengezer

Forex Today: Markets remain on edge on US election day

Here is what you need to know on Tuesday, November 5:

Financial markets remain on edge as the US presidential election takes center stage, with latest polls pointing to a tight race. On Tuesday, the US economic calendar will feature Goods Trade Balance data for September and the ISM Services PMI report for October. Later in the day, the US Treasury will hold a 10-year note auction. 

US Dollar PRICE This week

The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the Australian Dollar.

 
USD
EUR
GBP
JPY
CAD
AUD
NZD
CHF
USD
 
-0.41%
-0.35%
0.17%
-0.23%
-0.67%
-0.05%
-0.35%
EUR
0.41%
 
0.02%
0.15%
-0.22%
0.05%

Read More »

Forex Today: Fedspeak and Canada inflation data to grab market attention

Here is what you need to know on Tuesday, August 20:

Major currency pairs seem to have stabilized in the European morning on Tuesday as investors await the next catalyst. Eurostat will release revisions to July inflation data later in the session and Statistics Canada will publish Consumer Price Index data for July later in the day. Market participants will also pay close attention to comments from Federal Reserve (Fed) officials.

After starting the week under bearish pressure, the US Dollar (USD) continued to weaken against its major rivals in the second half of the day on Monday as the bullish action in Wall Street pointed to an improving risk mood. In the early European session, US stock index futures trade marginally higher on the day and the USD Index holds

Read More »

USD/CHF trades at fresh 2020 highs above 0.9760 ahead of NFP

Technical levels to watch for

CHF struggles to find demand as a safe-haven on Friday. US Dollar Index pushes higher above the 98.50 mark. Nonfarm Payrolls in US is expected to come in at 160K in January. The USD/CHF pair closed the last four trading days in the positive territory and continued to edge higher on Friday to touch its best level since December 27th at 0.9772.

Read More »

USD/CHF finds support near 0.9800 before SNB’s Quarterly Bulletin

Technical levels to watch for USD/CHF

Major European stocks post modest losses on Wednesday. US Dollar Index clings to gains above 97.30. Coming up: Swiss National Bank’s (SNB) Quarterly Bulletin. The USD/CHF pair dropped to its lowest level since late August at 0.9798 on Wednesday but staged a technical recovery in the last hour. As of writing, the pair was up 0.05% on the day at 0.9808.

Read More »

USD/CHF retreats to 0.9820 area as USD loses strength

Technical levels to watch for USD/CHF

US Dollar Index erases daily recovery gains ahead of American session. European equity indexes stay in the negative territory. Coming up: Building Permits, Housing Starts and Industrial Production data from US. The USD/CHF lost its traction in the last couple of hours and retraced its daily recovery gains pressured by the sour market mood and the broad USD weakness.

Read More »