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Sterling’s Election Stumble: How To Play It? – BNPP

Sterling’s Election Stumble: How To Play It? – BNPP

Apr 17, 2015 17:00
The upcoming parliamentary elections in the UK on May 7th have already sent shivers and the pound could not sustain the moves against the euro and the dollar, despite a recent...

Majors»

Forex Weekly Outlook Apr. 20-24

Forex Weekly Outlook Apr. 20-24

Apr 17, 2015 16:29
The US dollar had a rough week in which mostly weak economic data hit the greenback. Can hope for a recovery in Q2 help it or are more falls expected? Inflation data in...
  • USD/JPY Forecast Apr. 13-17
    USD/JPY Forecast Apr. 13-17
    USD/JPY gained over 100 points last week and broke above the symbolic 120 level. The pair closed at 120.13. The...
    on Apr 12, 2015 15:20
  • GBP/USD Forecast Apr. 13-17
    GBP/USD Forecast Apr. 13-17
    The British pound plunged last week, as GBP/USD lost over 300 points. The pair closed at 1.4614. This week’s...
    on Apr 12, 2015 14:19
  • EUR/USD Forecast Apr. 13-17
    EUR/USD Forecast Apr. 13-17
    EUR/USD had a hangover after Easter and it retreated from the higher range.The ECB meeting is the big event of...
    on Apr 11, 2015 14:00

Minors»

USD/CAD Forecast Apr. 13-17

USD/CAD Forecast Apr. 13-17

Apr 12, 2015 12:41
USD/CAD reversed directions last week, gaining about 80 points. The pair closed the week at 1.2558. This week’s major events are Manufacturing Sales, Core CPI and...
  • AUD/USD Forecast April 13-17
    AUD/USD Forecast April 13-17
    It was a rather uneventful week for the Australian dollar, which ended the week almost unchanged. AUD/USD...
    on Apr 12, 2015 10:57
  • NZD/USD Forecast Apr. 13-17
    NZD/USD Forecast Apr. 13-17
    The New Zealand dollar gave in to the comeback of the US dollar. A busy schedule awaits kiwi traders this week....
    on Apr 12, 2015 10:36
  • USD/CAD Forecast Apr. 6-10
    USD/CAD Forecast Apr. 6-10
    USD/CAD started the week with strong gains, but was unable to consolidate and lost about 150 points on the week. ...
    on Apr 5, 2015 14:54

Basics & Industry»

How’s your broker’s spread in March? Detailed data for 100+ brokers

How’s your broker’s spread in March? Detailed data for 100+ brokers

Apr 16, 2015 16:25
TradeProofer is a forex trader community where members can benchmark their broker’s quote and trade execution against other members’ brokers. TradeProofer release monthly...

Recent Articles

Sterling’s Election Stumble: How To Play It? – BNPP

Sterling’s Election Stumble: How To Play It? – BNPP

The upcoming parliamentary elections in the UK on May 7th have already sent shivers and the pound could not sustain the moves against the euro and the dollar, despite a recent recovery. What’s next for sterling? Here is the view from BNP Paribas: Here is their view, courtesy of eFXnews: The relationship between the UK

Forex Weekly Outlook Apr. 20-24

Forex Weekly Outlook Apr. 20-24

The US dollar had a rough week in which mostly weak economic data hit the greenback. Can hope for a recovery in Q2 help it or are more falls expected? Inflation data in New Zealand and Australia, US Durable Goods Orders and various central bank speeches are the highlights of this week. Here is an outlook on the

US Consumer Confidence beats at 95.9

US Consumer Confidence beats at 95.9

US consumer confidence came out better than expected at 95.9 points in the preliminary read for April, already in Q2, after the dreaded Q1. A second US beat in the same day. Does this change everything, or just a bit? The US dollar is slightly strong, and still hesitating. EUR/USD is trading at 1.0762, just a few

Greece Between Scylla and Charybdis

Greece Between Scylla and Charybdis

In the ancient epic poem known as the Odyssey, the Greek king Odysseus was forced to navigate a narrow strait between the six-headed sea monster named Scylla, and a ship-eating whirlpool called Charybdis. As it was impossible to avoid both, he chose to confront Scylla, losing a number of his best sailors in the battle

Canadian data beats – USD/CAD crashes below 1.21

Canadian data beats – USD/CAD crashes below 1.21

Canada rocks: retail sales jumped by 1.7% in March, much better than 0.5% expected. Sales excluding autos are up 2%, also far better than 0.5% predicted. Inflation data also shines: 1.2% y/y in the headline number, better than a flat 0% estimated and core inflation rises from 2% to 2.4% y/y. Month over month, rises of

US core inflation ticks up to 1.8% – USD is on fire

US core inflation ticks up to 1.8% – USD is on fire

Headline inflation is down to -0.1% – deflation territory, but it has been there before, due to oil prices. Core inflation, which the Fed eyes more closely, is up to 1.8% y/y, better than expected. Month over month, both rose 0.2% as expected. The dollar remains unimpressed: it is rising only a bit in the

This week in the markets: The dollar is the biggest loser

This week in the markets: The dollar is the biggest loser

The story for most of this week was one of the dollar’s weakness. After the soft jobs data last week, US data continued to disappoint throughout last week. It started with US retail sales which printed weaker than expected. Purchases in March rose 0.9% against expectations for 1.1%, while core sales increased by 0.4% vs.

Euro-zone deflation unchanged at -0.1%

Euro-zone deflation unchanged at -0.1%

No surprises in the final CPI numbers for March: CPI stands at -0.1% y/y and core CPI at +0.6%. This confirms the preliminary read and came out as expected. EUR/USD continues its journey north, riding on USD weakness, trading at 1.0822. The euro-zone was expected to confirm the initial numbers for March: a lower deflation rate.

UK jobs data misses by a bit but GBP/USD eventually tops 1.50

UK jobs data misses by a bit but GBP/USD eventually tops 1.50

The UK saw 20.7K less people claiming for jobs, slightly worse than expected but nothing dramatic. The unemployment rate dropped to 5.6% as expected and the average earnings rate rose by 1.7%, slightly below 1.8% expected, but ex-bonuses it rose 1.8%. All in all, this is a small miss. Perhaps this is enough to take

Markets await Inflation figures

Markets await Inflation figures

The euro has held up very strongly in the face of mounting concerns that Greece will soon have to leave the Eurozone. The IMF have been very vocal in their concerns that Greece is on the cusp of either being late with one of its up and coming repayments or missing it altogether, with the