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US Economy Grew by 2.8% in Q4 2011 – Dollar Rises
in Forex News
at January 27th, 2012 -
EUR/USD Jan. 27 – Bounces Off Channel Resistance as Euphoria Fades
in EUR/USD Daily, Forex News
at January 27th, 2012 -
European Cliff Hanger – Italy
in Opinions
at January 27th, 2012 -
Forex Daily Outlook January 27 2012
in Daily Look
at January 26th, 2012
Featured News
US Economy Grew by 2.8% in Q4 2011 – Dollar Rises
European Cliff Hanger – Italy
EUR/USD Outlook January 23-27
Forex News»
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US Economy Grew by 2.8% in Q4 2011 – Dollar RisesThe US economy grew at an annual pace of 2.8% in the fourth quarter of 2011. Expectations stood on a growth rate...on Jan 27, 2012 14:30
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EUR/USD Jan. 27 – Bounces Off Channel Resistance as Euphoria FadesEuro dollar couldn’t break above uptrend resistance and is now settling in range. The euphoria that followed...on Jan 27, 2012 11:03 -
Positive US Data Sends Dollar Further DownWeekly unemployment claims in the US are at 377K. 371K was expected. Last week’s figure was revised from...on Jan 26, 2012 14:30 -
Bernanke Helps the Dollar Recover with Tight 2% Inflation Target, But QE3 Door Still OpenThe Chairman of the US Federal Reserve, Ben Bernanke discusses the new inflation target of the central bank....on Jan 25, 2012 20:21
Opinions»
European Cliff Hanger – Italy
Jan 27, 2012 08:25-
European Cliff Hanger – GreeceEurope certainly remains in the limelight during Q1 2012. The Greek debt crisis began at the end of 2009 and...on Jan 26, 2012 17:00 -
EUR/USD:Trading the US GDPThe United States GDP, released quarterly, is a measurement of the production and growth of the economy. Analysts...on Jan 26, 2012 12:17 -
US Primaries Season and the DollarThe United States entered an election year. I’ll try to keep the debate focused on the impact on the economy...on Jan 25, 2012 17:00
Majors»
USD/JPY Outlook January 23-27
Jan 22, 2012 17:43-
GBP/USD Outlook January 23-27GBP/USD was up sharply this week, as the pound gained almost 250 pips, settling in the mid-1.55 range. The upcoming...on Jan 21, 2012 22:02 -
EUR/USD Outlook January 23-27Euro/dollar had a very positive week, riding on new hope for the old continent. Is this a desired correction,...on Jan 21, 2012 15:00 -
Forex Weekly Outlook January 23-27The dollar dropped sharply in a very positive week. Is this temporary or a does it represent a big change? Initial...on Jan 21, 2012 11:00
Minors»
USD/CHF Outlook January 23-27
Jan 22, 2012 20:14-
NZD/USD Outlook January 23-27The New Zealand dollar seems unstoppable and continued pushing higher.for a fifth week in a row. RBNZ Rate Statement...on Jan 22, 2012 17:58 -
AUD/USD Outlook January 23-27The Australian dollar rose over 200 pips against the greenback, ending the week at the 1.0470 level. There...on Jan 22, 2012 11:38 -
USD/CAD Outlook January 23-27The Canadian dollar made nice gains against the greenback for a second week in a row. Will parity be broken now?...on Jan 21, 2012 18:37
Basics & Industry»
FXCM Announces Faster MT4 Offering
Jan 24, 2012 15:47-
Does Your System Have Positive Expectancy?Currency trading carries a lot of uncertainty. Any system you choose will always have winning and losing trades....on Jan 24, 2012 13:11 -
US Forex Traders More Profitable in Q4 2011, Yet Their Numbers ShrinkThe last quarter of 2011 saw improved profitability for forex traders in the United States. On the other hand,...on Jan 20, 2012 09:20 -
FXCM Enjoys 19% Rise in Retail Customer Volume in 2011US forex broker FXCM saw a rise in retail trading volume to 3.7 trillion. Institutional customer volume leaped...on Jan 18, 2012 09:04
Recent Articles
US Economy Grew by 2.8% in Q4 2011 – Dollar Rises
The US economy grew at an annual pace of 2.8% in the fourth quarter of 2011. Expectations stood on a growth rate of 3.1%. This is a small disappointment. After a few minutes of choppy trading, the dollar is strengthening against all currencies apart from the yen. The disappointment, especially with the components of the weaker than
EUR/USD Jan. 27 – Bounces Off Channel Resistance as Euphoria Fades
Euro dollar couldn’t break above uptrend resistance and is now settling in range. The euphoria that followed Bernanke’s moves faded away. The situation around Greece remains tense – a deal on Private Sector Involvement is always close, but it isn’t sealed. Also the ECB’s role is still to be seen. Today we get the initial assessment
European Cliff Hanger – Italy
Italy is becoming too similar to Greece: unsustainable debt, a technocrat government run by an ex-banker and slow moves on reforms. Yet contrary to Greece, Italy is too big to bail. And contrary to Greece, Italy’s problem is mostly a liquidity problem rather than a solvency problem. Italy can certainly avoid PSI, IMF intervention and
Forex Daily Outlook January 27 2012
We summarize this week Advance GDP in the US and M3 Money Supply in Europe are the major events this day. Here is an outlook on the market-movers awaiting us. World Economic Forum (WEF) Annual Meetings – Day 3, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders
European Cliff Hanger – Greece
Europe certainly remains in the limelight during Q1 2012. The Greek debt crisis began at the end of 2009 and has spread to other countries. Apart from countries, European banks are also on the edge. Nothing is secure and trust is hard to find. How long can this leg dragging continue? Perhaps we will see
Positive US Data Sends Dollar Further Down
Weekly unemployment claims in the US are at 377K. 371K was expected. Last week’s figure was revised from 352K to 356K – it’s still very low. The numbers are in line with early expecations. The moving average continues edging lower. Durable goods orders came out better than expected. Durable Goods Orders rose by 3%, while
EUR/USD Jan. 26 – Extends Impressive Rally on PSI Deal Hope and Bernanke’s Boom
Euro dollar is rallying in an impressive manner, breaking another important resistance line. The rally that began with Bernanke’s extension of the zero-rate policy continues with new hope of getting a deal done around the Greek haircut. In addition, more signs of strength from Germany and a successful Italian bond auction also help the single currency. Another
EUR/USD:Trading the US GDP
The United States GDP, released quarterly, is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity, and a reading which is better than the market forecast is bullish for the dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at
Forex Daily Outlook January 26 2012
Unemployment Claims in the US and CBI Realized Sales in the UK are the major market-movers. Let see what awaits us today. World Economic Forum (WEF) Annual Meetings – Day 2, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries. Can influent market volatility.
Bernanke Helps the Dollar Recover with Tight 2% Inflation Target, But QE3 Door Still Open
The Chairman of the US Federal Reserve, Ben Bernanke discusses the new inflation target of the central bank. The tight target of 2% pushes the dollar to higher ground. Bernanke says that setting an employment target is much harder, and provides various reasons for it. Update: Comments about the balance sheet help the dollar rise