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GBP/USD: Trading The Philadelphia Fed Manufacturing Index

GBP/USD: Trading The Philadelphia Fed Manufacturing Index

Apr 17, 2014 13:34
The Philadelphia Fed Manufacturing Index is an important leading indicator, and is based on a survey of manufacturers in the Philadelphia area. It examines manufacturers’...

Majors»

GBP/USD Outlook April 14-18

GBP/USD Outlook April 14-18

Apr 13, 2014 16:50
GBP/USD reversed directions last week and climbed 150 points. GBP/USD closed at 1.6728. This week’s highlights are CPI and Claimant Count Change. Here is an outlook...
  • USD/JPY Forecast Apr. 14-18
    USD/JPY Forecast Apr. 14-18
    The Japanese yen made a big comeback on the lack of action from the BOJ. Back in the previous range, what is...
    on Apr 13, 2014 11:06
  • EUR/USD Forecast Apr 14-18
    EUR/USD Forecast Apr 14-18
    EUR/USD made an impressive comeback, breaking above the downtrend channel. Will the ECB talk the euro down, or...
    on Apr 12, 2014 15:00
  • Forex Weekly Outlook Apr. 14-18
    Forex Weekly Outlook Apr. 14-18
    The US dollar had a terrible week, falling across the board. Can it stabilize now, or will the sell off continue?...
    on Apr 11, 2014 18:00

Minors»

AUD/USD Outlook April 17-21

AUD/USD Outlook April 17-21

Apr 13, 2014 14:46
AUD/USD continues to shine, posting gains of about a cent last week. The pair closed just below the 0.94 line. This week’s highlight is the RBA Monetary Policy Meeting...
  • USD/CAD Outlook April 14-18
    USD/CAD Outlook April 14-18
    The Canadian dollar dropped below the 1.09 last week for the first time since January. However, it was unable...
    on Apr 13, 2014 11:54
  • NZD/USD Forecast Apr. 14-18
    NZD/USD Forecast Apr. 14-18
    The New Zealand dollar enjoyed the US dollar’s weakness to recover nicely and even break to new multi-year...
    on Apr 13, 2014 10:56
  • AUD/USD Forecast April 7-11
    AUD/USD Forecast April 7-11
    AUD/USD posted strong gains last week, climbing about 150 points. The pair closed at 0.9245. This week’s...
    on Apr 6, 2014 16:57

Basics & Industry»

MT4 on a Mac

MT4 on a Mac

Apr 15, 2014 16:12
If you’re a Forex trader and a Mac user then you might be limited when trying to find a broker with Mac compatible trading software. All web-based traders will of course...

Recent Articles

Yellen’s speech sends dollar down

Yellen’s speech sends dollar down

Dovish undertones in Federal Reserve Chair Yellen’s first monetary policy speech reverberated through markets and have led the dollar lower against its peers with the dollar index declining 0.25% at time of writing to 79.63.  Yellen renewed the Fed’s pledge to maintain an accommodative stance until such time that the central bank is confident that

Forex Markets Likely to Goad ECB into Action

Forex Markets Likely to Goad ECB into Action

Mario Draghi, the president of the European Central Bank, is probably one of the most effective central bankers when it comes to talking the markets in a particular direction – but if he wants a weaker EUR, action will have to back his words. Recently the ECB surprised forex markets with talk of unconventional monetary

Philly Fed Manufacturing Index jumps to 16.6 points – USD advances

Philly Fed Manufacturing Index jumps to 16.6 points – USD advances

More good news form the US: the Philly Fed Index jumps to 16.6 poitns. The US Philly Fed Manufacturing Index was expected to edge up from 9 to 9.6 points in April. This index carries a lot of weight because of its early publication: in the current month. For this specific release, it serves as

US jobless claims remain low at 304K

US jobless claims remain low at 304K

Positive news for the US: jobless claims remain at a low level of 304K. Continuing claims drop to 2.739 million. US weekly jobless claims were expected  to rise back up to 316K from the low level of 302K seen last week (revised down from 300K originally reported). The 4 week moving average dropped to 312K.

GBP/USD: Trading The Philadelphia Fed Manufacturing Index

GBP/USD: Trading The Philadelphia Fed Manufacturing Index

The Philadelphia Fed Manufacturing Index is an important leading indicator, and is based on a survey of manufacturers in the Philadelphia area. It examines manufacturers’ opinions of business activity, and helps provides a snapshot of the health of the manufacturing sector. A reading which exceeds the forecast is bullish for the British pound. Here are

How to trade forex like Jim Rogers

How to trade forex like Jim Rogers

Jim Rogers is a legendary trader/ investor who came to prominence in the early 1970’s when he set up the Quantum Fund alongside George Soros. The Quantum Fund is one of the best performing hedge funds of all time and it’s success allowed Rogers the luxury of being able to retire from Wall Street at

EUR/USD April 17 – Euro Firm After Yellen Comments

EUR/USD April 17 – Euro Firm After Yellen Comments

EUR/USD has moved higher on Thursday, as the euro continues to take advantage of dovish comments by Fed chair Janet Yellen on Wednesday. The pair is trading in the mid-1.38 range in the European session. Today’s sole Eurozone release, German PPI, declined last month, as Eurozone inflation indicators remain weak. In the US, we’ll get a look at

USDCHF: Bullish Reversal Still In View For 2014 (Elliott Wave Analysis)

USDCHF: Bullish Reversal Still In View For 2014 (Elliott Wave Analysis)

USDCHF fell to a new low of the year so the market remains in bearish mode as long as the 0.9080 swing high is not breached. But, the question is: for how long? We are looking at an ending diagonal pattern in wave C that suggests a coming bullish reversal sometime this year, most likely

Softening inflation before the Easter break

Softening inflation before the Easter break

Today sees the end of the working week ahead of the Easter break.  On reflection it’ll be a week remembered primarily for softening inflation, not only in the UK and the Eurozone but even across the pond in the US.  Yesterday the Federal Reserve Chairman Janet Yellen showed her dovish colours by mentioning that the

Looking for buy signals with AUDUSD uptrend

Looking for buy signals with AUDUSD uptrend

The AUDUSD is a market that I’ve been watching closely the last few months, because it is currently displaying beautiful, stable trending conditions. I am definitely only looking for buying opportunities here to flow in with the core uptrend momentum. The current situation here is the AUDUSD market has just corrected from new highs, back