Latest News
-
AUD/USD Sticks to Downtrend Channel, USD/CAD Bounces Off Resistance
May 17th, 2012 -
Forex Daily Outlook May 17 2012
May 16th, 2012 -
FXCM Announces an App Store for Forex Traders
May 16th, 2012 -
EUR/USD May 16 Euro Slides as Greece Bickers
May 16th, 2012
Featured News
AUD/USD Sticks to Downtrend Channel, USD/CAD Bounces Off Resistance
EUR/USD: Trading the Philadelphia Fed Manufacturing Index
EUR/USD Outlook May 14-18
Forex News»
-
AUD/USD Sticks to Downtrend Channel, USD/CAD Bounces Off ResistanceThe dollar storm continues in the markets, and is now at a pause. Is this a short pause or a change? It seems more...on May 17, 2012 00:24
-
EUR/USD May 16 Euro Slides as Greece BickersEuro/dollar continues to slide, as the political crisis in Greece is worsening. Talks aimed at forming a coalition...on May 16, 2012 12:50 -
GBP/USD Dives on Dovish BOE Inflation ReportCable hardly managed to enjoy the positive jobs report. After the good news failed to bring the pair to 1.60 line...on May 16, 2012 11:33 -
UK Jobless Claims Fall – GBP/USD Rises Towards 1.60, But Falls ShortClaimant Count Change, or UK jobless claims for April, dropped by 13.7K – a big surprise. A rise of 4.9K...on May 16, 2012 10:30
Opinions»
EUR/USD: Trading the Philadelphia Fed Manufacturing Index
May 16, 2012 12:47-
USD/JPY: Trading the Japanese GDPThe Gross Domestic Product (GDP) measures production and growth of the economy. Analysts consider GDP one the...on May 15, 2012 22:43 -
Grexit Effects on Euro Could be Limited Without ContagionA Greek exit of the euro-zone is uncharted territory and would certainly hurt the euro. Yet without contagion to...on May 15, 2012 16:09 -
GDP/USD: Trading the British Claimant Count ChangeThe UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. Along...on May 15, 2012 15:43
Majors»
GBP/USD Outlook – May 14 -18
May 13, 2012 13:24-
EUR/USD Outlook May 14-18Euro/dollar finally broke down, lost uptrend support and the critical 1.30 line, as the debt crisis worsened once...on May 13, 2012 12:22 -
USD/JPY Outlook May 14-18USD/JPY remained in range and closed the week almost unchanged, as safe haven flows balanced upside pressure. The...on May 13, 2012 10:20
-
Forex Weekly Outlook May 14-18The dollar had a superb week, riding on European fears to reach levels last seen in mid-March. Will we see a correction...on May 12, 2012 09:00
Minors»
AUD/USD Outlook May 14-18
May 13, 2012 15:11-
NZD/USD Outlook May 14-18NZD/USD continued the free-fall, almost erasing all the gains seen early in the year.Retail sales, PPI and the...on May 13, 2012 14:29 -
USD/CHF Outlook May 14 -18USD/CHF showed some movement, but was little changed over the week, closing just shy of the 0.93 level, at 0.9297....on May 13, 2012 10:06 -
USD/CAD Outlook May 14-18The Canadian dollar surrendered to the might of the greenback for a second week in a row. Will the strong Canadian...on May 12, 2012 17:20
Basics & Industry»
FXCM Announces an App Store for Forex Traders
May 16, 2012 16:09-
Perfect Setup Slips Away? Another One Will ComeA wise trader carefully plans his trades, and often makes an extra effort and “stalks” the perfect...on May 15, 2012 14:08 -
MahiFX Introduces New Charting and Technical Analysis ComponentsNew Zealand based MahiFX announced the launch of new tools for traders: fresh technical analysis components, graphical...on May 15, 2012 07:57 -
CitiFX Pro Wins Best Retail Platform for Margin FX TradingFor the third consecutive time, CitiFX Pro was named the “Best Retail Platform for Margin FX Trading”...on May 14, 2012 14:27
Recent Articles
AUD/USD Sticks to Downtrend Channel, USD/CAD Bounces Off Resistance
The dollar storm continues in the markets, and is now at a pause. Is this a short pause or a change? It seems more like a short one. The two commodity currencies continue their previous trends. AUD/USD gradually moves lower, respecting the downtrend channel. Once again, it is in the middle of the range after reaching
Forex Daily Outlook May 17 2012
Philly Fed Manufacturing Index is the major market-mover. Let see what awaits us today. In the US, Unemployment Claims, Value the individuals that filed for the first time for unemployment insurance on the last week, rise is predicted from 367K up to 370K this week. Later in the US, Philly Fed Manufacturing Index Survey of
FXCM Announces an App Store for Forex Traders
US Forex Broker FXCM launches an application store for forex traders. The idea is that traders can customize their trading experience through various applications related to indicators, charts, social sharing and more. In addition, FXCM calls software developers to join its community and suggest their applications to the store. FXCM recently launched Android and iPhone apps and
EUR/USD May 16 Euro Slides as Greece Bickers
Euro/dollar continues to slide, as the political crisis in Greece is worsening. Talks aimed at forming a coalition government remained deadlocked, and another election seem likely. The euro wasn’t helped by a strong German GDP release, as recent Euro-zone data has not impressed the markets. Today’s key indicators are US Building Permits and release of the minutes from the most recent
EUR/USD: Trading the Philadelphia Fed Manufacturing Index
The Philadelphia Fed Manufacturing Index is an important leading indicator, and is based on a survey of manufacturers in the Philadelphia area. It examines manufacturers’ opinions of business activity, and helps provides a snapshot of the business climate and sentiment in the US. A reading which is higher than the market forecast is bullish for the dollar. Here are all the
GBP/USD Dives on Dovish BOE Inflation Report
Cable hardly managed to enjoy the positive jobs report. After the good news failed to bring the pair to 1.60 line it lost, it turned lower, and is now extending its falls below the 1.59 line. The Bank of England released its Inflation Report, and it doesn’t look too optimistic. Growth forecasts have been lowered.
UK Jobless Claims Fall – GBP/USD Rises Towards 1.60, But Falls Short
Claimant Count Change, or UK jobless claims for April, dropped by 13.7K – a big surprise. A rise of 4.9K was expected. The unemployment rate for March was also better than expected, dropping from 8.3% to 8.2%. GBP/USD is now moving up, continuing the positive trend. It trades at 1.5982 at the time of writing.
USD/CAD Climbs to 3 Month High on Global Greek Contagion
The C$ dipped to the lowest level against the greenback since January 30th. After breaking above parity, USD/CAD crossed a significant resistance line, and isn’t backing down so far. The reason is the turmoil in Greece, which is now officially headed towards another round of elections and is nearing an exit from the euro. The
Ireland Eyes a Change in Bailout Terms, Following a Potential Spanish Solution
Spain hasn’t fully taken care of its struggling banking system, but a potential solution is already eyed by Ireland, who got a bailout (austerity included) due to its banks. Ireland, which is marked as a potential victim from the Greek exit of the euro, could demand changes to a bigger domino: Spain. Spain and Ireland
Forex Daily Outlook May 16 2012
Building Permits in the US and BOE Inflation Report in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Building Permits, Value the new residential building permits that were issued on the last month; due to reduce by 0.2% down to 0.73M now. Later In