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AUD/USD: Trading the Australian Trade Balance

AUD/USD: Trading the Australian Trade Balance

Mar 31, 2015 17:17
Australian Trade Balance is closely linked to currency demand and is a key indicator. A reading which is higher than expected is bullish for the Australian dollar. Here...

Majors»

USD/JPY Forecast Mar. 30-Apr. 3

USD/JPY Forecast Mar. 30-Apr. 3

Mar 29, 2015 18:24
USD/JPY improved for a second straight week, as USD/JPY closed at the 119 line. This week’s highlights are the Tankan indices. Here is an outlook on the major events...
  • EUR/USD Forecast Mar. 30 – Apr. 3
    EUR/USD Forecast Mar. 30 – Apr. 3
    EUR/USD continued its upside run, tackling the 1.10 level but struggling with the highs and eventually closing...
    on Mar 28, 2015 14:13
  • Forex Weekly Outlook Mar 30-Apr 3
    Forex Weekly Outlook Mar 30-Apr 3
    The US dollar managed to fight back and correct part of the correction. In the week that ends with Good Friday,...
    on Mar 27, 2015 18:28
  • USD/JPY Forecast Mar. 23-27
    USD/JPY Forecast Mar. 23-27
    USD/JPY dropped about 140 points last week, as USD/JPY closed just below the 120 line. This week’s highlights...
    on Mar 22, 2015 19:32

Minors»

AUD/USD Forecast Mar. 30-Apr. 3

AUD/USD Forecast Mar. 30-Apr. 3

Mar 29, 2015 15:48
The Australian dollar showed some strength during the week, but retracted and closed the week with slight losses. AUD/USD closed the week at 0.7736. The upcoming week has...
  • NZD/USD Forecast Mar. 30 – Apr. 3
    NZD/USD Forecast Mar. 30 – Apr. 3
    The New Zealand dollar managed to reach new highs against the greenback, but it found it hard to maintain these...
    on Mar 29, 2015 11:26
  • USD/CAD Forecast Mar. 30 – Apr. 3
    USD/CAD Forecast Mar. 30 – Apr. 3
    The Canadian dollar showed some strength during the week, but ended the week almost unchanged.  USD/CAD closed...
    on Mar 29, 2015 09:26
  • AUD/USD Forecast Mar. 23-27
    AUD/USD Forecast Mar. 23-27
    The Australian dollar reversed directions and gained about 150 points last week. AUD/USD closed the week at 0.7761. The...
    on Mar 22, 2015 17:23

Basics & Industry»

FXStreet and FxPro kick off a new advertisement model

FXStreet and FxPro kick off a new advertisement model

Mar 31, 2015 11:17
A beginning of a new era in forex advertising? Leading forex portal FXStreet reached an agreement with FxPro, a large forex broker, on a new advertisement model. FXStreet...

Recent Articles

AUD/USD: Trading the Australian Trade Balance

AUD/USD: Trading the Australian Trade Balance

Australian Trade Balance is closely linked to currency demand and is a key indicator. A reading which is higher than expected is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Thursday at 00:30 GMT. Indicator Background Australian Trade Balance is measures the difference in the value of imported and

US Consumer Confidence jumps to 101.3 – USD strengthens

US Consumer Confidence jumps to 101.3 – USD strengthens

US consumers feel more confident in March: 101.3 points according to the CB Consumer Confidence. In addition, the previous figure was revised up from 96.4 to 98.8 points. Is the US economy enjoying the spring? Consumer confidence numbers and actual retail sales are note always fully correlated, but the number certainly moves markets, especially in nervous markets.

Month-End Bears Down

Month-End Bears Down

After spending most of the month in a consolidative phase, the greenback is ending the month of March in a similar fashion to how it began, with broad-based underlying strength.  While yesterday’s economic data out of the US was optimistic for future consumption given the solid rise in saving and income for the US consumer

Canadian GDP falls 0.1% in January – USD/CAD slides from highs

Canadian GDP falls 0.1% in January – USD/CAD slides from highs

A somewhat better than expected GDP report from Canada: the economy squeezed by 0.1%, better than shrinking by 0.2% that was expected. Year over year, the economy grew 2.4%.  USD/CAD is falling to 1.2740, erasing a small portion of its recent gains. It is important to note that the US dollar is currently ticking down

AUD/USD hardly holds 0.76 – suffers from weak commodity prices, USD strength

AUD/USD hardly holds 0.76 – suffers from weak commodity prices, USD strength

The Australian dollar is down under once again. It has been trending down in the last days of Q1, extending the losses from the previous week. Weak Chinese data was blamed for the drops seen last week, but this time it can be seen more in falling commodity prices (well, that’s China related) and a surge in

How High Can The USD Go? EUR/USD to 0.98 by year end – Barclays

How High Can The USD Go? EUR/USD to 0.98 by year end – Barclays

Not only Goldman Sachs sees EUR/USD below parity. The team at Barclays analyzes the value of the US dollar, asking whether the greenback is overvalued  and if it can run just a little bit further. Here is their interesting analysis: Here is their view, courtesy of eFXnews: A major questions among market participants right now

Markets await US consumer confidence

Markets await US consumer confidence

The dollar is just about regaining the upper hand and certainly in the case of the Aussie, AUDUSD has retraced all the way back from above 0.7900 just a week ago to 0.7630 at the time of writing, not all that far off testing a near six year low. Downward pressure on the Aussie is

FXStreet and FxPro kick off a new advertisement model

FXStreet and FxPro kick off a new advertisement model

A beginning of a new era in forex advertising? Leading forex portal FXStreet reached an agreement with FxPro, a large forex broker, on a new advertisement model. FXStreet is beginning to implement the new vision on how to engage with partners and users. The portal aims to experiment with new placements and formats, generating new synergies

Euro-zone remains in deflation – EUR/USD pressured

Euro-zone remains in deflation – EUR/USD pressured

The euro-zone reported a better than expected headline CPI: a drop of 0.1% year over year. Nevertheless, this is still negative. Core CPI stands at 0.6%, showing that oil prices are not the only ones to blame. The unemployment rate also disappoints with 11.3%, following an upwards revision to 11.4% for the previous month. EUR/USD slips below

GBP/USD Trading the British Manufacturing PMI

GBP/USD Trading the British Manufacturing PMI

The British Manufacturing PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their view of the economy and business conditions in the UK. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for