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  • NZD/USD crashes on RBNZ decision
    NZD/USD crashes on RBNZ decision
    The RBNZ did not cut rates but it certainly sounded dovish. The central bank removed the “need for higher...
    on Jan 28, 2015 21:00

Opinions»

Fed Preview: USD buy opportunity on “business as usual”?

Fed Preview: USD buy opportunity on “business as usual”?

Jan 28, 2015 16:55
The US dollar has been on the back foot after the disappointing durable goods orders, that joined other underwhelming figures. There is a growing notion in the markets that...

Majors»

GBP/USD Forecast Jan.  26-30 2015

GBP/USD Forecast Jan. 26-30 2015

Jan 25, 2015 19:01
The British pound sustained sharp losses last week, as GBP/USD closed the week below the 1.50 level. This was the first time the pair has slipped below this symbolic level...
  • EUR/USD Forecast Jan. 26-30 2015
    EUR/USD Forecast Jan. 26-30 2015
    EUR/USD had one of its worst weeks, collapsing by nearly 400 pips in total on the massive QE decision. The pair...
    on Jan 24, 2015 15:45
  • Forex Weekly Outlook Jan. 26-30
    Forex Weekly Outlook Jan. 26-30
    The US dollar was in full control and the euro was the big loser in an exciting week of trading. There is not much...
    on Jan 24, 2015 08:01
  • GBP/USD Forecast January 19-23 2015
    GBP/USD Forecast January 19-23 2015
    The British pound showed strong movement in both directions, but GBP/USD closed the week almost unchanged. The...
    on Jan 18, 2015 20:43

Minors»

NZD/USD Forecast Jan. 26-30 2015

NZD/USD Forecast Jan. 26-30 2015

Jan 25, 2015 19:00
The New Zealand dollar had a terrible week, falling to multi-year lows on weak inflation and a stronger US dollar.After the pair finally broke out of range, is it set to...
  • USD/JPY Forecast Jan. 26-30
    USD/JPY Forecast Jan. 26-30
    Despite the turmoil in the currency markets last week, USD/JPY was unchanged last week, closing at 117.73. There...
    on Jan 25, 2015 18:16
  • AUD/USD Forecast January 26-30 2015
    AUD/USD Forecast January 26-30 2015
    AUD/USD tumbled over 300 points last week, as the pair closed below the 0.80 line, its lowest level since July...
    on Jan 25, 2015 15:58
  • USD/CAD Forecast Jan. 26-30
    USD/CAD Forecast Jan. 26-30
    The Canadian dollar was in free-fall lost week, falling a remarkable 450 points. USD/CAD closed the week at 1.2411,...
    on Jan 25, 2015 13:22

Basics & Industry»

FXCM to forgive most clients with negative balances – more to follow?

FXCM to forgive most clients with negative balances – more to follow?

Jan 28, 2015 16:38
As many others and we have been calling for long days, FXCM joins the list of brokers forgiving negative balances following the SNBomb. While it is not forgiving all traders...

Recent Articles

NZD/USD crashes on RBNZ decision

NZD/USD crashes on RBNZ decision

The RBNZ did not cut rates but it certainly sounded dovish. The central bank removed the “need for higher rates” from its statement. Has the tightening cycle officially ended? NZD/USD is trading under 0.74 and hit a low of 0.7370 so far. Despite the recent falls in NZD/USD, the central bank still complains about the

USD/CAD shoots above 1.25 after the Fed decision

USD/CAD shoots above 1.25 after the Fed decision

Dollar/CAD shoots above the round 1.25 level and leaves dust behind it The Canadian dollar was already pressured by the significant downwards revision of employment data and that is probably driver for the crash of the Canadian dollar after the Fed decision. What did the Fed do? Nothing. But now the event is out of

Fed repeats patience – USD gradually advances

Fed repeats patience – USD gradually advances

The Fed repeats the “patience” wording, worried about international developments and seeing the economy advancing. This is the key line: “the Committee judges that it can be patient in beginning to normalize the stance of monetary policy”. However, it did upgrade the monetary wording about the economy to “solid”. The USD is only marginally weaker, basically maintaining

Fed Preview: USD buy opportunity on “business as usual”?

Fed Preview: USD buy opportunity on “business as usual”?

The US dollar has been on the back foot after the disappointing durable goods orders, that joined other underwhelming figures. There is a growing notion in the markets that a rate hike will not come before September and many already see the Fed refraining from a rate hike this year. But is the Fed really going

CAD pressured on massive revision of Canadian employment data

CAD pressured on massive revision of Canadian employment data

Canada made a major revision to 2014 employment data: the nation gained only 121K jobs, much less than 185.7K originally reported throughout the year. More than a third of job gains were cut of the statistics. This also affects the unemployment rate which stands at 6.7% according to the latest numbers. There is no rest for CAD, which

FXCM to forgive most clients with negative balances – more to follow?

FXCM to forgive most clients with negative balances – more to follow?

As many others and we have been calling for long days, FXCM joins the list of brokers forgiving negative balances following the SNBomb. While it is not forgiving all traders and not in all jurisdictions , the 10% of the remainder belongs to the institutional, high net worth and experienced traders according to the firm. Perhaps FXCM understood

USD Pullback An Attractive Long-Term Buy – Credit Suisse

USD Pullback An Attractive Long-Term Buy – Credit Suisse

The recent setback for the US dollar may be temporary, and just an opportunity to pile up on more USD longs. What do you think? The team at Credit Suisse do not see the Fed making a big enough change to change the course of the greenback: Here is their view, courtesy of eFXnews: “…From a

Financial Markets in Holding Pattern Ahead of the Fed

Financial Markets in Holding Pattern Ahead of the Fed

The pessimistic sentiment that saturated financial markets yesterday has abated, though participants remain cautious ahead of the conclusion of the FOMC’s two day policy meeting.  Asian markets were able to shake off yesterday’s wash-out on Wall Street, with a blockbuster earnings report from Apple that helped boost sentiment and consequently lifted the Nikkei of its

EUR/USD making a double zigzag; GBP/USD in a flat correction – Elliott Wave Analysis

EUR/USD making a double zigzag; GBP/USD in a flat correction – Elliott Wave Analysis

EURUSD is higher in the past few sessions, but the rally cannot be counted impulsively. We can see several overlaps within the current recovery so we assume that the pair is making a double zigzag with a new reversal coming from around the 1.1430/40 zone. EURUSD 1h Elliott Wave Analysis  GBPUSD is higher as well,

SNBomb – Reactions from 74 forex brokers

SNBomb – Reactions from 74 forex brokers

The shock move from the Swiss National Bank has significantly impacted foreign exchange and also foreign exchange brokers. We already noted how such events are tests for brokers. And now, here is a round up reactions (updated) This is only a partial list giving you an idea of the range of responses: from making profits / business as