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Eurozone fundamentals improving, eventually EUR should follow

Eurozone fundamentals improving, eventually EUR should follow

Mar 4, 2015 18:34
Cheaper oil, low interest rates and strong US growth may be starting to work their magic on the flagging Eurozone economy – if so a recovery of the EUR should follow in...

Majors»

GBP/USD Forecast Mar. 2-6

GBP/USD Forecast Mar. 2-6

Mar 1, 2015 12:57
The British pound posted slight gains last week, as GBP/USD closed at 1.5426. This week’s highlights are the PMI reports. Here is an outlook on the major events moving...
  • USD/JPY Forecast Mar. 2-6
    USD/JPY Forecast Mar. 2-6
    USD/JPY posted slight gains last week, as the pair closed at 119.57. There are seven events this week. Here is...
    on Mar 1, 2015 11:13
  • EUR/USD Forecast Mar. 2-6
    EUR/USD Forecast Mar. 2-6
    EUR/USD finally fell out of range and closed the week on lower ground. Is this the beginning of a fall to new...
    on Feb 28, 2015 14:00
  • Forex Weekly Outlook Mar. 2-6
    Forex Weekly Outlook Mar. 2-6
    The euro was the loser in week that saw the dollar retreat and make a comeback. The first week of the new month...
    on Feb 27, 2015 16:26

Minors»

AUD/USD Forecast Mar. 2-6

AUD/USD Forecast Mar. 2-6

Mar 1, 2015 18:50
The Australian dollar posted slight losses last week, as AUD/USD closed at the 0.78 line. The upcoming week is a busy one, with 14 events. Here is an outlook on the major...
  • USD/CAD Forecast Mar. 2-6
    USD/CAD Forecast Mar. 2-6
    USD/CAD showed movement in both directions but closed the week almost unchanged at the 1.25 line. There are...
    on Mar 1, 2015 15:04
  • NZD/USD Forecast Mar. 2-6
    NZD/USD Forecast Mar. 2-6
    The New Zealand dollar as most data remained positive for the local economy. The bi-weekly dairy event is the...
    on Mar 1, 2015 11:19
  • USD/JPY Forecast Feb. 23-27
    USD/JPY Forecast Feb. 23-27
    USD/JPY was unchanged for a second straight week, as the pair closed just below the 119 line. There are seven events...
    on Feb 22, 2015 15:29

Basics & Industry»

Zero Gravity

Zero Gravity

Mar 2, 2015 08:27
I remember taking off a t-shirt and throwing it across the room in anger and frustration in 2009. It seems quite funny now! Thinking about trading I can see why many people...

Recent Articles

Eurozone fundamentals improving, eventually EUR should follow

Eurozone fundamentals improving, eventually EUR should follow

Cheaper oil, low interest rates and strong US growth may be starting to work their magic on the flagging Eurozone economy – if so a recovery of the EUR should follow in due course. For now the EUR remains under pressure, not least with the European Central Bank launching its EUR 1.1 trillion quantitative easing

Bank of Canada leaves policy unchanged – USD/CAD falls

Bank of Canada leaves policy unchanged – USD/CAD falls

As expected, the Bank of Canada left the interest rate unchanged at 0.75%. This come after a surprising rate cut in January, but after solid inflation numbers and a stabilization in oil prices seen afterwards. USD/CAD is reacting with a fall to 1.2450 on some relatively hawkish talk. The statement includes a line saying that inflation

EUR/USD crashes to new multi-year lows at the 1.10 handle

EUR/USD crashes to new multi-year lows at the 1.10 handle

What began as a fall to a smaller lower range turned into an avalanche: EUR/USD now trades at 1.1087, below the January 26th lows, sending it to the lowest levels since 2003 – nearly 12 years. The move came just before the ISM Non-Manufacturing PMI that came in as expected at 56.9 points. The low so

US ISM Non-Manufacturing PMI at 56.9; employment component jumps

US ISM Non-Manufacturing PMI at 56.9; employment component jumps

Yet another number within expectations: the ISM Non-Manufacturing PMI rose to 56.9 points, marginally above 56.5 expected. Perhaps more importantly, the employment component made a bounce back and rose to 56.4 points, after 51.6 seen last time. This is certainly good news towards Friday’s NFP. EUR/USD remains under pressure after already falling to the 1.10 handle. The

ADP Non-Farm Payrolls 212K – within expectations but with a big positive revision

ADP Non-Farm Payrolls 212K – within expectations but with a big positive revision

A very small miss in the ADP NFP report for the private sector: 212K jobs gained in February. ADP tends to underestimate private NFP by around 30K, but this is not 100% consistent. And now, we have a significant upwards revision in the ADP NFP for January: 250K instead of 213K originally reported. All in all,

USD Consolidates Then Moves Up: Themes, Forecasts, Risks – BofA Merrill

USD Consolidates Then Moves Up: Themes, Forecasts, Risks – BofA Merrill

After some range trading for the US dollar during February, what’s next for the greenback? Here are views on the themes that are set to rock the US dollar and forecasts for a few pairs: Here is their view, courtesy of eFXnews: The following is Bank of America Merrill Lynch’s comprehensive outlook for the USD including

UK Services PMI slips to 56.7 – GBP/USD slides

UK Services PMI slips to 56.7 – GBP/USD slides

The services sector is growing at a slightly slower than expected pace in the UK: 56.7 points according to Markit’s PMI. They say it means a quarterly GDP growth rate of 0.6% in the first quarter of 2015. GBP/USD is marginally lower, ticking down towards 1.5340, from above 1.5350 beforehand. Markit was expected to report

Eventful day

Eventful day

This time it was the turn of the Reserve Bank of India to surprise markets with an interest rate cut which has come at a time when a handful of central banks have surprised the markets recently by taking unexpected action. The PBOC over the week end reduced its benchmark interest rate in a move

GBP/USD: False Break But Still Wedge-Like – Goldman Sachs

GBP/USD: False Break But Still Wedge-Like – Goldman Sachs

Cable advanced quite nicely but hit a high and began retreating, mostly due to the strength of the pound. What’s next for cable? The team at Goldman Sachs provides a technical analysis for GBP/USD: Here is their view, courtesy of eFXnews: GBP/USD had a false break lower into the end of last week but ultimately still

EUR/USD falls closer to multi-year lows as good data is ignored again

EUR/USD falls closer to multi-year lows as good data is ignored again

EUR/USD slips from the levels it traded in and falls to 1.1140. It is getting closer to the multi-year low of 1.1098. The pair continues ignoring better than expected euro-zone data. Update: the new low so far is 1.1128, and Mike Paterson notes that a barrier option at 1.1150 was triggered. The Greek crisis had an impact