Popular Posts

Forex News»

Opinions»

AUD/USD: Trading the Australian CPI

AUD/USD: Trading the Australian CPI

Oct 21, 2014 19:05
The Australian CPI (Consumer Price Index), which is released each quarter, is an inflation index which measures the change in the price of goods and services charged to consumers....

Majors»

GBP/USD Forecast Oct. 20-24

GBP/USD Forecast Oct. 20-24

Oct 19, 2014 13:50
The British pound showed some movement during the week but closed unchanged, at 1.6091. This week’s key events are Retail Sales and Preliminary GDP. Here is an outlook...
  • USD/JPY Forecast Oct. 20-25
    USD/JPY Forecast Oct. 20-25
    The Japanese yen showed some strength last week, as USD/JPY touched 5-week lows. The pair closed at 106.87,...
    on Oct 19, 2014 12:12
  • EUR/USD Forecast Oct. 20-24
    EUR/USD Forecast Oct. 20-24
    EUR/USD had a wild week, where the weakness of the dollar beat the weakness of the euro and sent the pair higher...
    on Oct 18, 2014 15:00
  • Forex Weekly Outlook October 20-24
    Forex Weekly Outlook October 20-24
    The US dollar was on the back foot against most currencies as volatility spiked and big moves provided opportunity...
    on Oct 18, 2014 09:48

Minors»

AUD/USD Forecast Oct. 20-24

AUD/USD Forecast Oct. 20-24

Oct 19, 2014 17:26
AUD/USD was marked by choppy trading this week and posted modest gains. AUD/USD closed at 0.8743. This week’s highlights are the RBA minutes and CPI. Here is an outlook...
  • NZD/USD Forecast Oct. 20-24
    NZD/USD Forecast Oct. 20-24
    The New Zealand dollar had an exciting week, alongside all the market, and in general, showed a lot of strength....
    on Oct 19, 2014 11:16
  • USD/CAD Forecast October 20-24
    USD/CAD Forecast October 20-24
    The Canadian dollar returned to its losing ways last week, as USD/CAD gained about 100 points, closing at 1.1275. This...
    on Oct 19, 2014 11:14
  • AUD/USD Forecast Oct. 13-17
    AUD/USD Forecast Oct. 13-17
    AUD/USD posted strong gains last week but then retracted, as the pair was unchanged at the end of the week. AUD/USD...
    on Oct 12, 2014 12:05

Basics & Industry»

Market Movers Episode #20: Questions for every trader, crashing oil, state of the UK and global gloom

Market Movers Episode #20: Questions for every trader, crashing oil, state of the UK and global gloom

Oct 17, 2014 10:43
The markets are storming and we cover it all: from the still strong economy of the UK  through the big tumble in oil prices and finally with a wide coverage of everything...

Recent Articles

Aussie supported by Chinese GDP, potential bottoming of iron prices

Aussie supported by Chinese GDP, potential bottoming of iron prices

The Reserve Bank says potential changes to lending rules to manage the ever-increasing risk in house prices will not be like a freight train. The regulatory authority is pondering over the changing of rules for investors seeking access to funds as a way to reign in the bubble that has developed in the local property

AUD/USD: Trading the Australian CPI

AUD/USD: Trading the Australian CPI

The Australian CPI (Consumer Price Index), which is released each quarter, is an inflation index which measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD.

US existing home sales 5.17 million in September – EUR/USD extends fall

US existing home sales 5.17 million in September – EUR/USD extends fall

US existing home sales rise by 2.4% to 5.17 annualized in September, slightly better than expected. This is the highest read in one year, but still off the 2013 high. This is probably what EUR/USD needed in order to extend its drop. The pair is down to 1.2726. The dollar is stronger also against other currencies,

Dark Skies Continue to Part:

Dark Skies Continue to Part:

The dark clouds that hung ominously over financial markets last week are appearing to break, driven ostensibly by calming guidance from major central banks and modestly positive global growth figures to kick off the new trading week.  While Chinese GDP figures for Q3 came in at the slowest expansion since early 2009, the slight beat

ECB considers of corporate bonds – EUR loses high range

ECB considers of corporate bonds – EUR loses high range

The European Central Bank is considering expanding its buying program to corporate bonds. Doing this would allow them to significantly expand their balance sheet, thus printing more euros. And the euro responds: EUR/USD is down around 50 pips, losing the high range and finding lower support. Update: a new report says the topic of corporate bond buys is NOT

US Dollar Poised For More Losses

US Dollar Poised For More Losses

The US dollar was seen trading lower against many other major currencies, including the Swiss franc. The market sentiment was recently tilted in the favour of sellers. The USDCHF pair breached an important support area, which might lead to more losses in the pair in the near term. There is an significant release lined up

EUR/USD in a triangle; GBP/USD in complex correction – Elliott Wave Analysis

EUR/USD in a triangle; GBP/USD in complex correction – Elliott Wave Analysis

Markets are very slow, but in risk-on mode during the last few sessions with a lower USD across the board. However, the buck seems to be consolidating, which means that sooner or later the larger USD trend may resume, maybe by the end of the week. On EURUSD we see a sideways price action that

Sell EUR/USD On Failure To Break 1.29 – SocGen

Sell EUR/USD On Failure To Break 1.29 – SocGen

What is the next direction of EUR/USD after the big bounce? Some see it as running up to 1.31, but of course, not all agree. SocGen suggests selling euro/dollar upon a failure to breach 1.29: Here is their view, courtesy of eFXnews: The dollar index (DXY), peaked on the same day (Oct 3) as 2-year rates, notes SocGen.

EUR/USD Oct. 21 – Hits high resistance as dollar sells off

EUR/USD Oct. 21 – Hits high resistance as dollar sells off

EUR/USD is trading on high ground above 1.28 and below the top resistance line of 1.2850. The pair is mostly moving on weakness in the US dollar, which continues to slide despite some hawkish comments from members of the Fed. US data begins coming today with existing home sales. In Europe, the same old worries about growth

Chinese growth stalls in the third quarter

Chinese growth stalls in the third quarter

Overnight data from China showed the economy slowing in the third quarter in year-on-year terms, although not by quite as much as anticipated by the market. Headline GDP increased 7.3% (expected 7.2%), with industrial production for September coming in stronger than expected at 8.0% (expected 7.5%). China needs to slow, because the growth seen in