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GBP/USD: Trading The Philadelphia Fed Manufacturing Index

GBP/USD: Trading The Philadelphia Fed Manufacturing Index

Apr 16, 2014 11:34
The Philadelphia Fed Manufacturing Index is an important leading indicator, and is based on a survey of manufacturers in the Philadelphia area. It examines manufacturers’...

Majors»

GBP/USD Outlook April 14-18

GBP/USD Outlook April 14-18

Apr 13, 2014 16:50
GBP/USD reversed directions last week and climbed 150 points. GBP/USD closed at 1.6728. This week’s highlights are CPI and Claimant Count Change. Here is an outlook...
  • USD/JPY Forecast Apr. 14-18
    USD/JPY Forecast Apr. 14-18
    The Japanese yen made a big comeback on the lack of action from the BOJ. Back in the previous range, what is...
    on Apr 13, 2014 11:06
  • EUR/USD Forecast Apr 14-18
    EUR/USD Forecast Apr 14-18
    EUR/USD made an impressive comeback, breaking above the downtrend channel. Will the ECB talk the euro down, or...
    on Apr 12, 2014 15:00
  • Forex Weekly Outlook Apr. 14-18
    Forex Weekly Outlook Apr. 14-18
    The US dollar had a terrible week, falling across the board. Can it stabilize now, or will the sell off continue?...
    on Apr 11, 2014 18:00

Minors»

AUD/USD Outlook April 17-21

AUD/USD Outlook April 17-21

Apr 13, 2014 14:46
AUD/USD continues to shine, posting gains of about a cent last week. The pair closed just below the 0.94 line. This week’s highlight is the RBA Monetary Policy Meeting...
  • USD/CAD Outlook April 14-18
    USD/CAD Outlook April 14-18
    The Canadian dollar dropped below the 1.09 last week for the first time since January. However, it was unable...
    on Apr 13, 2014 11:54
  • NZD/USD Forecast Apr. 14-18
    NZD/USD Forecast Apr. 14-18
    The New Zealand dollar enjoyed the US dollar’s weakness to recover nicely and even break to new multi-year...
    on Apr 13, 2014 10:56
  • AUD/USD Forecast April 7-11
    AUD/USD Forecast April 7-11
    AUD/USD posted strong gains last week, climbing about 150 points. The pair closed at 0.9245. This week’s...
    on Apr 6, 2014 16:57

Basics & Industry»

MT4 on a Mac

MT4 on a Mac

Apr 15, 2014 16:12
If you’re a Forex trader and a Mac user then you might be limited when trying to find a broker with Mac compatible trading software. All web-based traders will of course...

Recent Articles

Looking for buy signals with AUDUSD uptrend

Looking for buy signals with AUDUSD uptrend

The AUDUSD is a market that I’ve been watching closely the last few months, because it is currently displaying beautiful, stable trending conditions. I am definitely only looking for buying opportunities here to flow in with the core uptrend momentum. The current situation here is the AUDUSD market has just corrected from new highs, back

Canadian dollar lower on BOC statement, that mentions role of C$

Canadian dollar lower on BOC statement, that mentions role of C$

As expected the Bank of Canada made no change in policy. The accompanying statement did not contain big news, but Poloz and company do mention the Canadian dollar and say the lower C$ “should provide additional support”. The Bank of Canada was not expected to make any policy changes. The interest rate stands at 1%

Chinese GDP boosts global optimism

Chinese GDP boosts global optimism

The pace of Chinese growth set the tone for the Asian session with first quarter GDP coming in above estimates of 7.3% at 7.4%. Albeit economic expansion falling to an 18 month low, retail sales and industrial production point to a stabilization in the economy. Retail sales saw a gain of 12%, above consensus of 11.9%

US housing data slightly below expectations in March

US housing data slightly below expectations in March

US building permits stand at 0.99 in March. They were expected to stand at an annual rate of 1 million after hitting 1.02 million in February. Housing starts stand at 0.95 million. They carried expectations for a rise to 0.97 million from 0.92  million beforehand (after marginal revisions). All in all, the data is just

EUR/USD Apr. 16 – Recovers despite soft inflation, ahead of US housing data

EUR/USD Apr. 16 – Recovers despite soft inflation, ahead of US housing data

EUR/USD managed to stage a gradual recovery reconquering the 1.3830 line. Less than impressing inflation figures from the euro-zone capped further significant advances. A wide range of FOMC speakers, including Yellen, as well as US housing data will set the tone later in the day. Here is a quick update on the technical situation, indicators, and

GBP/USD: Trading The Philadelphia Fed Manufacturing Index

GBP/USD: Trading The Philadelphia Fed Manufacturing Index

The Philadelphia Fed Manufacturing Index is an important leading indicator, and is based on a survey of manufacturers in the Philadelphia area. It examines manufacturers’ opinions of business activity, and helps provides a snapshot of the health of the manufacturing sector. A reading which exceeds the forecast is bullish for the British pound. Here are

Euro-zone core inflation downgraded to 0.7% for March

Euro-zone core inflation downgraded to 0.7% for March

Euro-zone headline inflation was confirmed at the post crisis low of 0.5%. Core inflation was downgraded from 0.8% to 0.7%, the lowest post crisis low which was also recorded in late 2013. These are year over year numbers. Official expectations were for a confirmation of the flash data: headline CPI at 0.5% and core CPI

UK Unemployment Rate crosses the 7.0% Threshold

UK Unemployment Rate crosses the 7.0% Threshold

It’s a good thing Bank of England Mark Carney has changed his forward guidance to look at spare capacity as opposed to just unemployment as today should see the rate edge 0.1% lower to 7.1%, a stone’s throw from his original threshold of 7.0% that would have triggered the first interest rate hike in the

UK unemployment falls to 6.9% – GBP/USD soars above 1.68

UK unemployment falls to 6.9% – GBP/USD soars above 1.68

Unemployment in the UK drops to only 6.9%. This positive shocker is below the initial 7% BOE threshold. Claimant Count Change fell by 30.4K, within expectations. UK jobless claims were expected to drop by around 30K in March after a drop of 37K in February (revised from 34.6K). The unemployment rate for February was predicted

NZD/USD falls to low support on inflation miss

NZD/USD falls to low support on inflation miss

New Zealand started 2014 with lower than expected prices: 0.3% instead of 0.5% expected in the quarter and only 1.5% instead of 1.7% year on year, lower than 1.6% in the previous quarter. New Zealand’s No. 1 export, dairy products, suffered a stronger than expected drop. NZD/USD fell from around 0.8640 to 0.8580. Has it