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EUR: Time To Panic? – Credit Agricole

EUR: Time To Panic? – Credit Agricole

May 29, 2015 15:44
The clock is ticking towards the June 5th deadline for Greece, that scrambles to collect cash. Is the market too complacent about this crisis? The team at Credit Agricole...

Majors»

Forex Weekly Outlook June 1-5

Forex Weekly Outlook June 1-5

May 29, 2015 17:10
The US dollar advanced across the board, but was unable to maintain its gains in the last week of May. The first month of June features top tier events: a full buildup to...
  • GBP/USD Forecast May 25-29
    GBP/USD Forecast May 25-29
    After outstanding gains in the month of May, the British pound reversed sharply last week, losing about 250 points.  The...
    on May 24, 2015 16:06
  • USD/JPY Forecast May 25-29
    USD/JPY Forecast May 25-29
    USD/JPY rebounded last week with strong gains, as the yen lost over 200 points. The pair closed at 121.47. There...
    on May 24, 2015 15:33
  • EUR/USD Forecast May 25-29
    EUR/USD Forecast May 25-29
    EUR/USD changed course and fell in a week that saw central bank pressure from both sides. What lies on the road...
    on May 23, 2015 14:00

Minors»

NZD Downtrend Intact; We Stay Short – ANZ

NZD Downtrend Intact; We Stay Short – ANZ

May 24, 2015 16:45
The NEw Zealand dollar experienced more pressure in a week that saw a surge of the US dollar and another fall in the price of milk. What’s next for the pair? The team...
  • USD/CAD Forecast May 25-29
    USD/CAD Forecast May 25-29
    USD/CAD rebounded strongly last week, gaining close to 200 points. The pair closed the week just shy of the 1.22...
    on May 24, 2015 14:57
  • AUD/USD Forecast May 25-29
    AUD/USD Forecast May 25-29
    The AUD/USD reversed directions last week, losing some 230 points. AUD/USD closed the week at 0.7814. There are only...
    on May 24, 2015 07:49
  • AUD/USD Forecast May 18-22
    AUD/USD Forecast May 18-22
    The Australian dollar showed some volatility last week, and gained 100 points. AUD/USD closed the week at 0.8024,...
    on May 17, 2015 15:36

Basics & Industry»

FXStreet launches responsive version of its Economic Calendar

FXStreet launches responsive version of its Economic Calendar

May 25, 2015 11:01
FXStreet, one of the world’s largest forex sites, has upgraded its economic calendar. The useful tool, available also here on Forex Crunch, now perfectly adapts to...

Recent Articles

Sterling Slips as Markets Refocus on Monetary Policy

Sterling Slips as Markets Refocus on Monetary Policy

The main story this week has been the US Dollar. A lack of significant tradable economic data out of the UK and EU has seen Sterling and Euro languish. Sterling in particular has been under pressure as the post-election glow in the unit fades. GBPUSD has declined every day this week and has now almost

Forex Weekly Outlook June 1-5

Forex Weekly Outlook June 1-5

The US dollar advanced across the board, but was unable to maintain its gains in the last week of May. The first month of June features top tier events: a full buildup to the Non-Farm Payrolls, rate decisions in Australia, the UK and the euro-zone among other events. These are the highlights event on forex calendar.  Join

EUR: Time To Panic? – Credit Agricole

EUR: Time To Panic? – Credit Agricole

The clock is ticking towards the June 5th deadline for Greece, that scrambles to collect cash. Is the market too complacent about this crisis? The team at Credit Agricole assesses the risks for the common currency: Here is their view, courtesy of eFXnews: The Euro’s recent consolidation belies greater uncertainty about the outcome of the

Bank of Canada Limits Canadian Dollar Upside Potential

Bank of Canada Limits Canadian Dollar Upside Potential

Bank of Canada Limits Loonie Upside, Oil Only Saving Hope for Bulls The Government of Canada has confirmed the dampening of the Canadian dollar rally by maintaining the overnight target rate at .75% and also specifically mentioning the impact of the Canadian dollar in its release. The specific mention of the Canadian dollar in its

Canadian GDP falls by 0.2% – a bitter disappointment – USD/CAD rallies

Canadian GDP falls by 0.2% – a bitter disappointment – USD/CAD rallies

Canada was expected to report a growth rate of 0.2% in March, the last month of Q1. In addition, this came on top of a revised 0.1% slide in February, worse than flat originally reported. USD/CAD jumped from 1.2430 to above 1.25 on this fall. The new high is 1.2517. Quarterly annualized GDP was bad as

US Revised GDP: -0.7% – details look OK – will USD emerge as a winner?

US Revised GDP: -0.7% – details look OK – will USD emerge as a winner?

A slightly better than expected GDP read in the USD: the economy contracted by 0.7% (annualized) in Q1 2015. The dollar is experiencing a mixed reaction sliding a bit. Among the details, elevated imports weigh on the GDP read, as we’ve already known from the big trade deficit. However, this isn’t too bad, as it goes

USDJPY – Possible Downside Thrust Underway Before Higher

USDJPY – Possible Downside Thrust Underway Before Higher

Talking Points US Dollar rocketed higher against the Japanese Yen, and traded close to 8-year highs. USDJPY found resistance around the $124.50 resistance area, which ignited a downside reaction. Japanese National Consumer Price Index was released by the Statistics Bureau yesterday evening, which posted an increase of 0.6%, lower compared with the last 2.3%. Japanese

EUR/USD potential fall and USD rise on US GDP – Elliott Wave Analysis

EUR/USD potential fall and USD rise on US GDP – Elliott Wave Analysis

Today is the important data release for the USD and other correlated markets. At 12:30GMT we will get the US GDP figure with current expectations at -0.8%. This is definitely not a good number for the buck, but anything around -0.6% could mean a very strong reaction on the charts in the direction of the

All eyes on US GDP data

The rally in USDJPY is taking a breather and understandably so following its spike to levels not seen since 2002. Data overnight indicated once again the fragility of the Japanese economy with inflation continuing to remain anchored and a surprise decline in household spending putting an end to the recent move higher. The BOJ’s efforts

Waiting for EURUSD to retrace into Bearish ‘Hot Spot’

Waiting for EURUSD to retrace into Bearish ‘Hot Spot’

This week we’ve seen a lot of power moves, a lot of strong levels broken and all we can do really is to wait for price to correct to our areas we target for signals. The EURUSD looks like it has started it’s correction, waiting for price to come back and test the bearish hot