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EUR/USD: Trading The German Ifo Business Climate

EUR/USD: Trading The German Ifo Business Climate

Apr 23, 2014 10:22
German Ifo Business Climate is a monthly composite index of about 7,000 businesses, which are surveyed about current business conditions and their expectations concerning...

Majors»

GBP/USD Outlook April 21-25

GBP/USD Outlook April 21-25

Apr 20, 2014 13:16
GBP/USD continued to climb against the US dollar last week. The pair posted modest gains, closing at 1.6782. This week’s highlight is Retail Sales. Here is an outlook...
  • USD/JPY Forecast Apr. 21-25
    USD/JPY Forecast Apr. 21-25
    The Japanese yen retreated as the US dollar enjoyed wide gains across the board. Will the pair make a meaningful...
    on Apr 20, 2014 12:19
  • EUR/USD Forecast Apr. 21-25
    EUR/USD Forecast Apr. 21-25
    EUR/USD fell lower on a Sunday gap and could never retake the previous levels. Will the attempts to talk down...
    on Apr 19, 2014 15:00
  • Forex Weekly Outlook Apr. 21-25
    Forex Weekly Outlook Apr. 21-25
    The pound and the dollar emerged as winners in a week that saw the euro and the yen retreat. US housing data, the...
    on Apr 18, 2014 18:12

Minors»

AUD/USD Forecast April 21-25

AUD/USD Forecast April 21-25

Apr 20, 2014 11:45
AUD/USD remains at high levels, but had an uneventful week, posting modest losses. The pair closed the week at 0.9329. This week’s schedule is light, highlighted by...
  • NZD/USD Forecast Apr. 21-25
    NZD/USD Forecast Apr. 21-25
    The New Zealand dollar corrected the big gains and closed lower after the disappointing CPI. Is it a change of...
    on Apr 20, 2014 11:40
  • USD/CAD Outlook April 21-25
    USD/CAD Outlook April 21-25
    For the second straight week the Canadian dollar showed little change, closing slightly above the 1.10 line. This...
    on Apr 20, 2014 10:22
  • AUD/USD Outlook April 17-21
    AUD/USD Outlook April 17-21
    AUD/USD continues to shine, posting gains of about a cent last week. The pair closed just below the 0.94 line. This...
    on Apr 13, 2014 14:46

Basics & Industry»

How to trade forex like Richard Donchian

How to trade forex like Richard Donchian

Apr 22, 2014 13:00
Richard Donchian was a commodities and futures trader who began his career on Wall Street in the 1930’s. It’s fair to say that Donchian was somewhat of a genius and trading...
  • MT4 on a Mac
    MT4 on a Mac
    If you’re a Forex trader and a Mac user then you might be limited when trying to find a broker with Mac compatible...
    on Apr 15, 2014 16:12
  • How to trade forex like Richard Dennis
    How to trade forex like Richard Dennis
    Richard Dennis is a famous commodities trader from the 1970’s. He is famous for setting up a pioneering team...
    on Apr 15, 2014 13:00
  • Taking Advise When Trading Forex
    Taking Advise When Trading Forex
    ‘Forex Trading is easy’, so the many websites would have us believe, but if it was, wouldn’t...
    on Apr 10, 2014 13:43

Recent Articles

MPC worried about UK current account deficit, notes house price momentum

MPC worried about UK current account deficit, notes house price momentum

No surprises in the MPC Meeting Minutes: unanimous decisions all around. However, the notes are interesting. These are the minutes from the April meeting which saw no change in policy. A unanimous vote was expected in both policy tools: an interest rate of 0.50% and a QE program of 375 billion pounds. In recent years,

EUR/USD: Trading The German Ifo Business Climate

EUR/USD: Trading The German Ifo Business Climate

German Ifo Business Climate is a monthly composite index of about 7,000 businesses, which are surveyed about current business conditions and their expectations concerning economic performance over the next six months. A reading which is higher than the estimate is bullish for the euro. Here are all the details, and 5 possible outcomes for EUR/USD.

NZD/USD Long-Term Trend and RBNZ Policy Bias

NZD/USD Long-Term Trend and RBNZ Policy Bias

NZD/USD is moving inside a strong uptrend, as seen on its long-term forex time frames. However, the pair is testing the top of the ascending trend channel on the daily chart, indicating a potential selloff. Recall that the latest leg of the rally was inspired by a hawkish RBNZ (Reserve Bank of New Zealand) interest

Aussie decline

Aussie decline

The wind was taken out of the Aussie’s sails overnight with the release of weaker than expected CPI data.  This took 1 cent from AUDUSD which pushed a two week low below the 0.93 level.  Recall that it was not that long ago that the central bank was doing its best to talk down the

AUD/USD down 100 pips cooling Australian inflation

AUD/USD down 100 pips cooling Australian inflation

Inflation in Australia is not as strong as expected. All the figures for the first quarter fell short of expectations. coupled with yet another weak read from China, the Australian dollar was hit hard. AUD/USD is trading around 100 pips lower than before the publication, down three trading ranges. Front running the publication with a

German Flash PMIs beat expectations, French miss

German Flash PMIs beat expectations, French miss

German flash manufacturing PMI rose to 54.2 points and the services PMI moved up to 55 points. Markit’s purchasing managers’ index for the manufacturing sector was expected to tick up from 53.7 to 53.9 points. The services PMI carried expectations for a rise from 53 to 53.5 points. The divergence between the two core countries

Conflicting reports of battles in Ukraine drive investors away from risk

Conflicting reports of battles in Ukraine drive investors away from risk

Mark Twain once said “A lie can travel halfway around the world while the truth is putting on its shoes”. More than a century later, this remains accurate, and nowhere more so than the financial markets. Conflicting reports are flooding in from the putative battlefields in Ukraine, forcing participants to seek protection against risk -despite

AUD/USD breaks higher towards two important data releases

AUD/USD breaks higher towards two important data releases

The Australian dollar took its time in waking up from the long Easter weekend and is now looking strong: not only bouncing from the bottom but also moving to a higher range. The Australian dollar faces two important data releases, 15 minutes apart. These could determine if the bounce is just a correction before the

March US existing home sales 4.59 million – no surprises

March US existing home sales 4.59 million – no surprises

No surprises in US existing home sales: an annual level of 4.59 million in March. The US was expected to report a level of around 4.57 million sales (annualized) in March after posting a similar figure of 4.60 million in February (before revisions). Most transactions in the housing market are for existing, second hand homes.

US recovery on track and set to boost USD strength

US recovery on track and set to boost USD strength

While the market initially experienced a slow start to the week with holidays in much of Europe and other western markets, optimism is growing in the US as company earnings season kicks off and a series of data announcements this week are expected to show an improvement in the health of the US economy. New