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Forex News»

  • Lowered Expectations
    Lowered Expectations
    The situation certainly doesn’t rival the old MadTV sketches for entertainment value, but a diminished sense...
    on May 28, 2015 17:41
  • US Pending Home Sales +3.4% – better than expected
    US Pending Home Sales +3.4% – better than expected
    A better than expected housing figure in the US: pending home sales rose by 3.4% in April, better than 0.8% expected....
    on May 28, 2015 16:00
  • UK updated GDP: +0.3%
    UK updated GDP: +0.3%
    A miss in UK GDP: it remained unchanged at +0.3% q/q and was not revised higher. Year over year growth also remained...
    on May 28, 2015 10:30
  • USD/CAD stable on BOC decision
    USD/CAD stable on BOC decision
    As expected, the BOC left the interest rate unchanged at 0.75% once again. The statement is quite balanced and...
    on May 27, 2015 16:04

Opinions»

EUR/USD: Trading the US Preliminary GDP

EUR/USD: Trading the US Preliminary GDP

May 28, 2015 10:37
US Preliminary GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity, so publication...

Majors»

GBP/USD Forecast May 25-29

GBP/USD Forecast May 25-29

May 24, 2015 16:06
After outstanding gains in the month of May, the British pound reversed sharply last week, losing about 250 points.  The pair closed at 1.5472. This week’s highlight...
  • 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
  • Forex Weekly Outlook May 25-29
    Forex Weekly Outlook May 25-29
    The US dollar made a comeback and the greenback was a big loser in a week that saw trends change. And now, US Durable...
    on May 23, 2015 08:39

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

Lowered Expectations

Lowered Expectations

The situation certainly doesn’t rival the old MadTV sketches for entertainment value, but a diminished sense of optimism is sapping momentum across the financial markets this morning. The US dollar has run out of velocity ahead of tomorrow’s expected downward revision to first-quarter growth numbers, losing altitude as market bulls hedge themselves against a potential

US Pending Home Sales +3.4% – better than expected

US Pending Home Sales +3.4% – better than expected

A better than expected housing figure in the US: pending home sales rose by 3.4% in April, better than 0.8% expected. In addition, they came on top of an upwards revision for March: 1.2% instead of only +0.1% originally reported. The US dollar remains strong but does not immediately react to the number. Sales of pending

Greek Crisis: EUR/USD Needs To Hold Here Or Else… – SocGen

Greek Crisis: EUR/USD Needs To Hold Here Or Else… – SocGen

Talks between Greece and its creditors are seeing progress but an agreement seems illusive as the June 5th deadline looms large. How will this end for EUR/USD? The team at SocGen weighs in: Here is their view, courtesy of eFXnews: If Greek debt talks are going to meet all their cliché-requirements by ‘going down to

USDJPY & USD Index May Take A Corrective Pause Within Uptrend

USDJPY & USD Index May Take A Corrective Pause Within Uptrend

USDJPY broke sharply to the upside in the past few days, clearly making an impulsive rise that is still incomplete, but as always pullbacks can occur. A new corrective setback could be seen here in the upcoming sessions, as we can count five waves up within an extended red wave 3) which is already turning

Dollar strengthens

Dollar strengthens

The dollar recovery over the past few days has been a talking point within the market as it has brought some landmark levels in some of the majors with the Yen hitting its highest level since 2002. The euro has also suffered losses retreating from above 1.1400 back below 1.1100 and is at 1.0935 this

EUR/USD: Trading the US Preliminary GDP

EUR/USD: Trading the US Preliminary GDP

US Preliminary GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity, so publication of Preliminary GDP could have a significant impact on the movement of EUR/USD. A reading which is better than the market forecast is bullish for the dollar. Here are all the

Is Crude Oil Transitioning into a Bearish Market Again?

Is Crude Oil Transitioning into a Bearish Market Again?

Crude oil has been recovering after a major downtrend caused it to lose over 50% of it’s value. It’s only natural that we see a bullish correction after a 6 month push down. We recently discussed a swing trade setup on the level marked in the chart above -but it failed and we can see

UK updated GDP: +0.3%

UK updated GDP: +0.3%

A miss in UK GDP: it remained unchanged at +0.3% q/q and was not revised higher. Year over year growth also remained unchanged at 2.4%. GBP/USD is ticking lower and slipping below 1.5350. Other UK figures improve the picture: the preliminary business investment for Q1 rose by 1.7%, better than 1.2% expected. BBA Mortgage Approvals stand at 42.1K,

EUR/USD: 3 Phases & Downside Targets – Goldman Sachs

EUR/USD: 3 Phases & Downside Targets – Goldman Sachs

EUR/USD dropped over 500 pips from the highs seen earlier in May, and it may be far from over. The team at Goldman Sachs explains 3 phases and downside targets for the pair: Here is their view, courtesy of eFXnews: Looking at recent market developments through the lens of EUR/USD, Goldman Sachs sees three distinct

USD/CAD stable on BOC decision

USD/CAD stable on BOC decision

As expected, the BOC left the interest rate unchanged at 0.75% once again. The statement is quite balanced and so is the initial USD/CAD reaction. The Bank says that inflation risks have not really changed and remain around 1.6%-1.8%. The relatively higher CPI is blamed on the weaker currency, despite some kind of comeback. Canada,