Popular Posts

Forex News»

Opinions»

GBP/USD: Trading the British Preliminary GDP

GBP/USD: Trading the British Preliminary GDP

Jul 24, 2014 16:05
British Preliminary Gross Domestic Product (GDP) is a key release and is published each quarter. GDP measures production and growth of the economy, and is considered by analysts...

Majors»

GBP/USD Forecast July 21-25

GBP/USD Forecast July 21-25

Jul 20, 2014 17:12
GBP/USD showed slight losses for a second straight week as the pair slipped below the 1.71 line, closing at 1.7081. This week’s highlights are Retail Sales and...
  • USD/JPY Forecast July 21-25
    USD/JPY Forecast July 21-25
    USD/JPY traded within the known ranges once again. Inflation numbers and the trade balance are in the limelight. Here...
    on Jul 20, 2014 14:49
  • EUR/USD Forecast July 21-25
    EUR/USD Forecast July 21-25
    EUR/USD lost ground in a week that saw the odds turn against it. The Bundesbank Monthly Report, Manufacturing...
    on Jul 19, 2014 15:00
  • Forex Weekly Outlook July 21-25
    Forex Weekly Outlook July 21-25
    The dollar and the yen advanced as geo-political issues grabbed the headlines towards the end of the week. US housing...
    on Jul 18, 2014 16:08

Minors»

AUD/USD Forecast July 21-25

AUD/USD Forecast July 21-25

Jul 20, 2014 14:14
AUD/USD was unchanged for a second straight week, as the pair closed at 0.9382. This week’s highlight is CPI. Here is an outlook on the major market-movers and an updated...
  • USD/CAD Forecast July 21-25
    USD/CAD Forecast July 21-25
    USD/CAD was unchanged at the end of the week, closing at 1.0732. The upcoming week is very quiet, with just...
    on Jul 20, 2014 12:01
  • NZD/USD Forecast July 21-25
    NZD/USD Forecast July 21-25
    The New Zealand dollar dropped from the highs and basically marked a double top. The focus this week is clearly...
    on Jul 20, 2014 11:24
  • AUD/USD Forecast July 14-18
    AUD/USD Forecast July 14-18
    AUD/USD was almost unchanged last week, as the pair closed at 0.9352. This week’s highlight is the RBA Monetary...
    on Jul 13, 2014 17:41

Basics & Industry»

Market Movers Podcast Test Episode #8: correlations, geo-politics and the pounding of the pound

Market Movers Podcast Test Episode #8: correlations, geo-politics and the pounding of the pound

Jul 24, 2014 14:31
Here is another test episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing...

Recent Articles

Market Movers Podcast Test Episode #8: correlations, geo-politics and the pounding of the pound

Market Movers Podcast Test Episode #8: correlations, geo-politics and the pounding of the pound

Here is another test episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing period. You are welcome to listen, subscribe and provide feedback. We added a nice intro and a nice outro this time. In today’s

GBPAUD Might Retrace Before Heading Lower Again

GBPAUD Might Retrace Before Heading Lower Again

The British pound traded lower against the Australian dollar earlier during this week. However, it looks like the pair is stabilizing now and might correct higher from the current levels. The UK Gross Domestic Product was released by the National Statistics earlier during the London session, which came in line with the expectation. The report

EUR/USD July 25 – Pressured to low range on weak data

EUR/USD July 25 – Pressured to low range on weak data

EUR/USD is trading lower as the week draws to an end, as geo-political issues push German business confidence lower. The euro seems to ignore some monetary relief recorded in the zone. It is now trading below the pivotal 1.3450 line. Later in the day, we have important data from the US.  Here is a quick update on what’s

Sterling succumbs

Sterling succumbs

The break back below the 1.70 level on cable yesterday reflected the extent of the dollar recovery seen during July, but also the more balanced view being taken towards the possibility of higher UK rates this year.  Weaker than expected retail sales also put downward pressure on the UK currency early on during yesterday’s session. 

UK GDP 0.8% as expected – GBP/USD edges higher but not for long

UK GDP 0.8% as expected – GBP/USD edges higher but not for long

No surprises from the UK GDP: q/q growth is 0.8% and year over year it is 3.1%. The United Kingdom was expected to report a quarterly growth rate of 0.8% in Q2 2014. Year over year, a growth rate of 3.1% was estimated. This is the initial publication for the quarter and two revisions are

IFO Business Climate falls to 108 – EUR/USD follows

IFO Business Climate falls to 108 – EUR/USD follows

Disappointing data from Germany’s IFO institute: the headline business climate figure dropped to 108, “current assessment” dips to 112.9 and the expectations component fell below expectations at 103.4 points. These are significant misses. The German IFO business climate was expected to tick down from 109.7 to 109.4 points in July. The “Current Assessment” component was predicted

GBP/USD: Trading the British Preliminary GDP

GBP/USD: Trading the British Preliminary GDP

British Preliminary Gross Domestic Product (GDP) is a key release and is published each quarter. GDP measures production and growth of the economy, and is considered by analysts as one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the pound. Update: UK GDP 0.8% as

US new home sales plunge in June to 406K – USD retreats

US new home sales plunge in June to 406K – USD retreats

A big disappointment from the housing sector and not for the first time: a drop to 406K. This is a drop of 8.1%, which sounds a lot but it’s actually even worse if we take into account the huge downwards revision from 485K to 442K. It’s just bad no matter how we look at it. New

Equities rise after strong PMI readings

Equities rise after strong PMI readings

World equities, with the exception of the Nikkei, were bolstered by strong Purchasing Managers Index (PMI) readings from China and the euro zone.   The HSBC flash manufacturing PMI reached an 18 month high of 52.0 in July from 50.7 the previous month and marks the second consecutive month in expansion territory.  The solid reading can

US jobless claims fall to 284K – great news – GBP/USD loses 1.70

US jobless claims fall to 284K – great news – GBP/USD loses 1.70

Excellent news from the US job market: only 284K, the lowest in a long time: February 2006. Weekly jobless claims were expected to tick up to 310K from 303K last week (before revisions). This is within the recent steady and stable range. The previous 4 week moving average stood on 309K and it now stands at