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The Case For Cutting Our EUR/USD Forecasts – Goldman Sachs

The Case For Cutting Our EUR/USD Forecasts – Goldman Sachs

Feb 26, 2015 12:11
EUR/USD has been stuck in range for quite a while, and fails to choose a new direction. How long will this last? The team at Goldman Sachs still sees a downwards move and goes...

Majors»

Forex Weekly Outlook Mar. 2-6

Forex Weekly Outlook Mar. 2-6

Feb 27, 2015 16:26
The euro was the loser in week that saw the dollar retreat and make a comeback. The first week of the new month is packed: rate decisions in Australia, Canada, the UK and...
  • GBP/USD Forecast Feb. 23-27
    GBP/USD Forecast Feb. 23-27
    The British pound was unchanged last week, as GBP/USD closed at 1.5382. This week’s highlight is Second...
    on Feb 22, 2015 17:55
  • EUR/USD Forecast Feb. 23-27
    EUR/USD Forecast Feb. 23-27
    EUR/USD was heavily influenced by every headline related to Greece and the positive finish to the week provides...
    on Feb 21, 2015 14:00
  • Forex Weekly Outlook Feb. 23-27
    Forex Weekly Outlook Feb. 23-27
    The US dollar was mixed in a week dominated by Greek headlines. US Consumer Confidence, inflation data, GDP numbers from...
    on Feb 20, 2015 17:17

Minors»

USD/JPY Forecast Feb. 23-27

USD/JPY Forecast Feb. 23-27

Feb 22, 2015 15:29
USD/JPY was unchanged for a second straight week, as the pair closed just below the 119 line. There are seven events this week. Here is an outlook on the major events moving...
  • AUD/USD Forecast Feb. 23-27
    AUD/USD Forecast Feb. 23-27
    The Australian dollar posted modest gains last week, as AUD/USD closed at 0.7836. This week’s key event...
    on Feb 22, 2015 12:02
  • USD/CAD Forecast Feb. 23-27
    USD/CAD Forecast Feb. 23-27
    The Canadian dollar posted modest losses last week, as USD/CAD closed at 1.2528. This week’s highlight...
    on Feb 22, 2015 11:50
  • NZD/USD Forecast Feb. 23-27
    NZD/USD Forecast Feb. 23-27
    The New Zealand dollar  enjoyed more positive data from the local economy and advanced against the USD and the...
    on Feb 22, 2015 11:14

Basics & Industry»

Questions for traders, State of Fed, Greek crisis, oil, gold and GBP – Market Movers #38

Questions for traders, State of Fed, Greek crisis, oil, gold and GBP – Market Movers #38

Feb 20, 2015 11:15
A packed show awaits you, our listeners, in which we cover a wide variety of market moving events, covering commodities, the next moves in the dollar, euro and pound as well...

Recent Articles

This week in the markets: Greek bailout reforms make waves for the euro

This week in the markets: Greek bailout reforms make waves for the euro

Greek bailout reforms were approved by eurozone finance ministers last week, meaning Greece can now obtain a four-month extension to its bailout. The euro was initially buoyed by the news but it turned out not to have a hugely positive impact. There remain big doubts around some assurances made by the Greek government, these reforms

Forex Weekly Outlook Mar. 2-6

Forex Weekly Outlook Mar. 2-6

The euro was the loser in week that saw the dollar retreat and make a comeback. The first week of the new month is packed: rate decisions in Australia, Canada, the UK and the euro-zone, GDP data from Canada and Australia and a full buildup to the US Non-Farm Payrolls. These are the main market

EUR/USD falls to new lows as the greenback surges

EUR/USD falls to new lows as the greenback surges

EUR/USD is trading at 1.1170. Fundamentally, the move originates from the US side, but also end-of-month factors are in play. The low so far is 1.1175 and the pair is bouncing, but below the 1.12 support line. The euro is not alone in sliding against the greenback. US GDP was revised to the downside, but slightly

Talking markets with Dale Pinkert: GDP and lots more [Video]

Talking markets with Dale Pinkert: GDP and lots more [Video]

I had the pleasure to speak with Dale Pinkert of FXStreet’s Live Analysis Room. We covered the GDP release but certainly went beyond this single figure and our conversation spanned a lot of currency pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD and crosses. We discussed fundamentals and technicals using charts. Here is the video: Broadcast live streaming video

Buy America

Buy America

The Almighty Dollar is looking almost unstoppable. As we go to pixels, the oft-maligned global reserve currency is trading near 11-year highs, driven upward in the belief that yesterday’s strong inflation and durable goods numbers will help to push the Federal Reserve off the sidelines toward an interest rate hike during the summer months. Data

US GDP revised to 2.2% – better than expected

US GDP revised to 2.2% – better than expected

The annualized rate of US GDP growth was revised down to 2.2%, somewhat better than 2% expected but of course lower than 2.6% initially reported. The dollar ticked up by just a bit. You can watch the live coverage on this here. Within the various components, inventories took the hardest hit. This is actually a positive

German inflation better than expected

German inflation better than expected

German consumer prices rise 0.1% y/y, contrary to a fall of 0.2% in the  predicted in the national numbers. Month over month, prices rise 0.9%. The EU standard figures still show a drop of 0.1% but m/m rise of 1%. All numbers beat predictions. EUR/USD is ticking up to 1.1240. This positive surprise was not entirely unexpected

USD/CAD: Bullish Engulfing; EUR/USD: Breakout – BofA Merrill

USD/CAD: Bullish Engulfing; EUR/USD: Breakout – BofA Merrill

Has the US dollar ended its correction and consolidation, beginning a new rally? The team at BofA Merrill suspects so and focuses on two currency pairs: For the loonie, a bull trend beyond 1.30 on USD/CAD is possible and targets are also ambitious for a lower EUR/USD: Here is their view, courtesy of eFXnews: Evidence says

Yellen & the hike, AUD & CAD rate previews, Jobless claims vs. USD & Greek back burner – Market Movers #39

Yellen & the hike, AUD & CAD rate previews, Jobless claims vs. USD & Greek back burner – Market Movers #39

A packed show awaits you, our listeners, in which we cover a wide variety of market moving events, covering commodities, the next moves in the dollar, euro and pound as well as a time for pausing and reflecting on trading strategies. Tune in. Welcome to a new episode of Market Movers, presented by Lior Cohen of

USD Index Moves Towards New Highs, USDJPY Finding Support – Elliott Wave Analysis

USD Index Moves Towards New Highs, USDJPY Finding Support – Elliott Wave Analysis

The USD index turned higher yesterday and took out two important levels; 95.03 which is a high of a wave D and also the upper triangle line. The next thing to watch is the leg from 94.04 that is sharp and impulsive so we definitely expect more upside in the sessions ahead as we want