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US GDP may have contracted in Q1 – USD shrugs it off

US GDP may have contracted in Q1 – USD shrugs it off

Apr 24, 2015 16:19
Core durable goods orders fell by 0.2% in March, worse than a rise of 0.2% expected. And, this came on top of a downwards revision for last month’s number. Taking one...

Majors»

GBP/USD Forecast Apr. 27 – May 1

GBP/USD Forecast Apr. 27 – May 1

Apr 26, 2015 19:36
The British pound continued to rally last week, as GBP/USD gained over 200 points. The pair closed at 1.5188, marking its first weekly close above 1.50 in almost two months....
  • USD/JPY Forecast Apr. 27 – May 1
    USD/JPY Forecast Apr. 27 – May 1
    USD/JPY pushed above the 120 line, but then retracted and closed the week almost unchanged. The pair closed...
    on Apr 26, 2015 16:59
  • EUR/USD Forecast Apr. 27 – May 1
    EUR/USD Forecast Apr. 27 – May 1
    EUR/USD had a choppy week, feeling some pressure but not falling too far. Inflation data stands out just before...
    on Apr 25, 2015 14:00
  • Forex Weekly Outlook Apr 27-May 1
    Forex Weekly Outlook Apr 27-May 1
    The US dollar did not get support from the US economy and retreated. A busy week awaits us at the turn of the...
    on Apr 24, 2015 18:00

Minors»

AUD/USD Forecast Apr. 27 – May 1

AUD/USD Forecast Apr. 27 – May 1

Apr 26, 2015 14:57
The Australian dollar weakened during the week but was unchanged at week’s end. AUD/USD closed the week at 0.7808. This week’s highlight is PPI. Here is an outlook...
  • USD/CAD Forecast Apr. 27 – May 1
    USD/CAD Forecast Apr. 27 – May 1
    The Canadian dollar had a quiet week, posting slight losses. USD/CAD closed the week at 1.2167. This week’s...
    on Apr 26, 2015 11:39
  • NZD/USD Forecast Apr. 27 – May 1
    NZD/USD Forecast Apr. 27 – May 1
    The New Zealand dollar reached for the sky but met the RBNZ there, and couldn’t maintain the gains. It...
    on Apr 25, 2015 11:23
  • AUD/USD Forecast Apr. 20-24
    AUD/USD Forecast Apr. 20-24
    The Australian dollar took advantage of a broadly-weak US dollar, gaining over 100 points. AUD/USD closed the...
    on Apr 19, 2015 19:07

Basics & Industry»

NewsImpact’s Real Time News keeps it simple and quick

NewsImpact’s Real Time News keeps it simple and quick

Apr 22, 2015 17:47
For traders who live by the economic calendar and for anybody trading the markets, it’s important to get the news fast. And almost all retail traders cannot afford a...

Recent Articles

GBP/USD Forecast Apr. 27 – May 1

GBP/USD Forecast Apr. 27 – May 1

The British pound continued to rally last week, as GBP/USD gained over 200 points. The pair closed at 1.5188, marking its first weekly close above 1.50 in almost two months. This week’s highlight are Preliminary GDP and Manufacturing PMI. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD.

USD/JPY Forecast Apr. 27 – May 1

USD/JPY Forecast Apr. 27 – May 1

USD/JPY pushed above the 120 line, but then retracted and closed the week almost unchanged. The pair closed at 118.96. The upcoming week has nine events. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. In the US, there was good news to start off the week as existing home sales

AUD/USD Forecast Apr. 27 – May 1

AUD/USD Forecast Apr. 27 – May 1

The Australian dollar weakened during the week but was unchanged at week’s end. AUD/USD closed the week at 0.7808. This week’s highlight is PPI. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In the US, there was some good news on the housing front, with existing home sales beating expectations.

USD/CAD Forecast Apr. 27 – May 1

USD/CAD Forecast Apr. 27 – May 1

The Canadian dollar had a quiet week, posting slight losses. USD/CAD closed the week at 1.2167. This week’s major highlight is GDP. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. In the US, there was some good news on the housing front, with existing home sales beating expectations. However, New Home Sales

EUR/USD Forecast Apr. 27 – May 1

EUR/USD Forecast Apr. 27 – May 1

EUR/USD had a choppy week, feeling some pressure but not falling too far. Inflation data stands out just before the May 1st holiday. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Greek headlines drifted between deteriorating conditions and Grexit talk to optimism or at least a deadline delay. This had

NZD/USD Forecast Apr. 27 – May 1

NZD/USD Forecast Apr. 27 – May 1

The New Zealand dollar reached for the sky but met the RBNZ there, and couldn’t maintain the gains. It now faces a bigger test from the Bank: the rate decision. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD. Inflation in New Zealand is lower than expected: a drop of 0.3% in quarterly

Forex Weekly Outlook Apr 27-May 1

Forex Weekly Outlook Apr 27-May 1

The US dollar did not get support from the US economy and retreated. A busy week awaits us at the turn of the month: GDP from the UK, the US and Canada and three rate decisions. The Federal Reserve stands out. These are the major events lined up for this week. Join us as we explore the

US GDP may have contracted in Q1 – USD shrugs it off

US GDP may have contracted in Q1 – USD shrugs it off

Core durable goods orders fell by 0.2% in March, worse than a rise of 0.2% expected. And, this came on top of a downwards revision for last month’s number. Taking one step back, the last time that core orders enjoyed a rise was back in September. The USD retreated, but then the markets probably remembered

Crude Awakening

Crude Awakening

After Saudi Arabia resumed its bombing campaign over Yemen yesterday, oil prices are sitting near a 2015 high this morning, with Brent trading at $65 a barrel while the West Texas flavour nears the $58 mark. The loonie has taken flight in response, pushing toward a key psychological threshold as brightening economic hopes translating into

EUR Rallies A Sell Irrespective Of Greece Conditions – Credit Agricole

EUR Rallies A Sell Irrespective Of Greece Conditions – Credit Agricole

EUR/USD is shaking and rolling on Greek headlines today as finance ministers meet in Riga. Optimism sent the euro up while reports about heated discussions reversed the moves. The team at Credit Agricole asks us to refocus on more important drivers of the common currency and explains why selling the rallies is a good tactic: Here is