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Market Movers Episode #22: Preview of November’s big events, FOMC, recent events rundown

Market Movers Episode #22: Preview of November’s big events, FOMC, recent events rundown

Oct 31, 2014 12:12
There is a lot of action in markets and more to come: we preview the big events of November, which promise to be exciting. And before looking forward, we look back and run...

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

Market Movers Episode #22: Preview of November’s big events, FOMC, recent events rundown

Market Movers Episode #22: Preview of November’s big events, FOMC, recent events rundown

There is a lot of action in markets and more to come: we preview the big events of November, which promise to be exciting. And before looking forward, we look back and run through the Fed bullishness, the impact of US GDP, ECB stress tests and more. Welcome to a new episode of Market Movers, presented by

Euro-zone inflation stands at 0.4%, core at 0.7% – EUR/USD recovers

Euro-zone inflation stands at 0.4%, core at 0.7% – EUR/USD recovers

Euro-zone inflation defies gravity and stands at 0.4%. It could have been worse. Core inflation is indeed worse at 0.7%, but the ECB’s mandate is the headline inflation, and that came out OK – very low, but not terrible as German numbers implied. The unemployment rate stands at 11.5% as expected. EUR/USD recovers to 1.2580. Official

Gold falls as low as $1167.17 – lowest in 4 years

Gold falls as low as $1167.17 – lowest in 4 years

Gold finally collapsed below the “taper tantrum” lows from 2013 and fell to $1167.17 – the lowest level since August 2010. Can the precious metal fall even lower? Or has it reached a level in which the intrinsic demand (weddings in India, industrial use) will keep it bid? What’s behind the fall? Basically, the Fed ended

BOJ increased stimulus

BOJ increased stimulus

The initial dollar strength following the FOMC on Wednesday was partially unwound as it looked like the bull run was struggling to shift up a gear. If there was ever any doubt in the mind of the dollar bulls it will have been laid to rest earlier this morning by the Bank of Japan who

Next Leg Of USD Strength Is Just Around The Corner – Citi

Next Leg Of USD Strength Is Just Around The Corner – Citi

The US dollar strengthened after the Fed decision, but the internal data in the GDP report cast some doubt about the strength of the US economy and allowed profit taking on dollar longs. So what’s next for the dollar? Citi sees that the next dollar strength around the corner: CitiFX Technicals remain of the view that

EUR/USD erases recovery – 5 reasons

EUR/USD erases recovery – 5 reasons

EUR/USD managed to recover from the Fed fallout (which sent it below the H&S line) but this may be over now, with the pair digging to fresh lows. Can it challenge 1.25? Here are the reasons for the fall. Japanese Blitz: The BOJ surprised by taking the baton from the Fed announcing a huge addition to

EUR/USD: Larger Triangle; GBP/USD: Wave-5 Target – Nomura

EUR/USD: Larger Triangle; GBP/USD: Wave-5 Target – Nomura

What is the next move for EUR/USD? The team at Nomura sees the pair trading trading in a triangle. For cable, they paint a Wave 5 target. Here is the analysis: Here is their view, courtesy of eFXnews: Yesterday’s sell-off in EUR/USD met Nomura’s 1.2620 target but the break below negated its small bullish triangle

USD/JPY shoots up to 111.50 on fresh BOJ easing – 80 trillion yen monetary base, GPIF reallocation

USD/JPY shoots up to 111.50 on fresh BOJ easing – 80 trillion yen monetary base, GPIF reallocation

Dollar/yen at 111.50 – it is no mistake. The Bank of Japan announced further monetary stimulus to battle falling inflation expectations and showed it is determined to reach its goal. USD/JPY was trading under 109.50 before the announcement and shot 200 pips higher and continues to trade in a volatile manner. Update: 111.52 seems to

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

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