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EUR/USD: Trading the Eurozone CPI Flash Estimate

EUR/USD: Trading the Eurozone CPI Flash Estimate

Oct 30, 2014 15:22
Eurozone CPI Flash Estimate 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...

Majors»

GBP/USD Forecast October 27-31

GBP/USD Forecast October 27-31

Oct 26, 2014 17:08
For a second straight week, the British pound showed movement but was unchanged over the week. The pair closed at 1.6084. There are 7 events on the schedule. Here is an...
  • USD/JPY Forecast Oct. 27-31
    USD/JPY Forecast Oct. 27-31
    The Japanese yen reversed directions last week, as USD/JPY gained about  100 points. This week’s highlights...
    on Oct 26, 2014 14:34
  • EUR/USD Forecast Oct. 27-31
    EUR/USD Forecast Oct. 27-31
    EUR/USD had an interesting week, amid speculation about central bank action on both sides of the Atlantic. A very...
    on Oct 25, 2014 15:00
  • Forex Weekly Outlook October 27-31
    Forex Weekly Outlook October 27-31
    Currencies were mixed in the past week, with the greenback gaining against the euro and the yen, while sliding...
    on Oct 24, 2014 16:45

Minors»

USD/CHF Looks Set For A Move Lower

USD/CHF Looks Set For A Move Lower

Oct 28, 2014 09:30
The US dollar was seen trading lower Intraday against the Swiss franc, as there was selling interest noted. The US dollar also traded lower against currencies such as the...
  • AUD/USD Forecast October 27-31
    AUD/USD Forecast October 27-31
    AUD/USD was almost unchanged last week, closing at 0.8786. There are just four events this week, highlighted by...
    on Oct 26, 2014 18:06
  • USD/CAD Forecast Oct. 27-31
    USD/CAD Forecast Oct. 27-31
    The Canadian dollar had showed some strength last week, with USD/CAD closing with modest losses. The pair closed...
    on Oct 26, 2014 12:48
  • NZD/USD Forecast Oct. 27-31
    NZD/USD Forecast Oct. 27-31
    The New Zealand dollar managed to top 0.80 but eventually retreated and ended the week lower. The main event...
    on Oct 26, 2014 11:00

Basics & Industry»

Math Class Revisited: Understanding the Different Forex Charting Methods

Math Class Revisited: Understanding the Different Forex Charting Methods

Oct 27, 2014 08:23
Remember all of those charts and graphs you had to learn during high school? Once you start trading Forex, all of that knowledge is finally going to come in handy. One of...

Recent Articles

RBNZ To Give NZD Another Nudge Soon – BNZ

RBNZ To Give NZD Another Nudge Soon – BNZ

NZD/USD was first hit by the Federal Reserve and its hawkishness, and then by the Reserve Bank of New Zealand and its dovish. The team at BNZ assesses that the RBNZ could give another nudge to the NZD quite soon and explains: Here is their view, courtesy of eFXnews: The following is Bank of New Zealand

EUR/USD: Trading the Eurozone CPI Flash Estimate

EUR/USD: Trading the Eurozone CPI Flash Estimate

Eurozone CPI Flash Estimate 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 euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at 10:00 GMT. Indicator Background

American GDP Validates FOMC

American GDP Validates FOMC

The morning after the much anticipated FOMC interest rate statement has left financial markets exhibiting hangover-like symptoms, as a risk-off feel engulfed price action during the overnight session in the wake of the Fed removing the QE-punchbowl and showing a vote of confidence in the state of the American economy.  The relatively hawkish (or not

German CPI falls 0.3% m/m, +0.8% y/y, HICP only +0.7% – below expectations

German CPI falls 0.3% m/m, +0.8% y/y, HICP only +0.7% – below expectations

While inflation is stronger in Germany than the euro-zone average, it remains depressed, also in October: prices fell 0.3%, worse than 0.1% expected, and y/y, they remained at a rise of 0.8%. The HICP number, which is the EU standard, also shows a slide of 0.3%, but year over year, it is down to 0.7%. This

US GDP growth +3.5% – internals mixed

US GDP growth +3.5% – internals mixed

Good news from the US: the economy grew 3.5% in Q3, slightly better than expected. Government spending rises 4.6%, the highest since Q2 2009. Consumer spending is 1.8%, business investment +5.5%, exports 7.8. The GDP price index is at 1.3%, a bit lower than 1.4% expected.  In addition, jobless claims remained low at 287K with

EUR/USD post FOMC Elliott Wave Analysis

EUR/USD post FOMC Elliott Wave Analysis

The FED did it: they finished the QE program and the USD turned sharply to the upside while metals fell. Stocks actually did not go far, so we still see the uptrend in play. The USD is up across the board, as the USD index broke above 86.10 swing resistance, so we assume that the

Did US Treasury Secretary Lew hint of a strong GDP number

Did US Treasury Secretary Lew hint of a strong GDP number

Top officials receive economic data before everybody else does. That’s no secret. And when it’s good news, they cannot always keep it secret. This happened in the US as recently as just before the last Non-Farm Payrolls report, as both FOMC member James Bullard and US President Barack Obama gave us strong hints about the unemployment

Are US wage hikes around the corner? March hike on the cards

Are US wage hikes around the corner? March hike on the cards

The Fed surprised with a hawkish view on employment, acknowledging the “solid gains”. We all know that, and it’s nice that the Fed finally sees it as well. But the one important thing missing from jobs reports was a gain in wages: people are getting back to work but wages remain depressed, weighing on the overall

German unemployment fell 22K – good news for EUR

German unemployment fell 22K – good news for EUR

Good news from Germany: 22K unemployed are off the lists in October. This is far better than expected. In addition, the gain in unemployed for September was trimmed down to 9K from 12K originally reported. The unemployment rate remained unchanged at 6.7%. EUR/USD is now recovering, escaping the 1.2570 support line. Update: this is undoubtedly good, but

USD edgy after FOMC decision

USD edgy after FOMC decision

The FOMC decision last night gave us the expected historic end to QE III which really should have come as no surprise however the dollar reacted as if it was. Relatively hawkish comments about the labour market caused USD to spike strongly as the market readjusted for the next move from the Fed, which is