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  • Markets await FOMC statement
    Markets await FOMC statement
    Good morning. As is usually the case of Fed Wednesdays, markets have quieted down and traded within a tight range...
    on Jul 29, 2015 14:36
  • Chinese stock market continues its collapse
    Chinese stock market continues its collapse
    The rollercoaster that is the Chinese stock market failed to disappoint overnight, with another whipsaw session...
    on Jul 28, 2015 14:31
  • Parliamentary victory for Tsipras
    Parliamentary victory for Tsipras
    The euro is “strong like bull” on Thursday as Greek Prime Minister Tsipras had another victory overnight. Late...
    on Jul 23, 2015 14:57

Opinions»

USD/CAD: Trading the Canadian GDP

USD/CAD: Trading the Canadian GDP

Jul 30, 2015 15:07
Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is...

Majors»

USD/JPY Forecast Aug. 3-7

USD/JPY Forecast Aug. 3-7

Aug 2, 2015 11:06
USD/JPY showed little change at the end of the week, closing at 123.82. This week has six events. Here is an outlook on the major events moving the yen and an updated technical...
  • Forex Weekly Outlook August 3-7
    Forex Weekly Outlook August 3-7
    US ISM Manufacturing PMI, Trade Balance, ISM Non-Manufacturing PMI, Rate decision in Japan, Employment data from...
    on Jul 31, 2015 16:20
  • USD/JPY Forecast July 27-31
    USD/JPY Forecast July 27-31
    USD/JPY posted slight losses in an uneventful week. The pair closed at 123.68. This week has six events. Here...
    on Jul 26, 2015 20:49
  • GBP/USD Forecast July 27-31
    GBP/USD Forecast July 27-31
    GBP/USD posted sharp losses last week, as the pair lost 130 points. The pair closed the week at 1.5473. This week’s...
    on Jul 26, 2015 15:13

Minors»

AUD/USD Forecast Aug. 3-7

AUD/USD Forecast Aug. 3-7

Aug 2, 2015 16:40
AUD/USD had an uneventful week, and showed almost no change. The pair closed the week just shy of the 0.73 line. This week’s highlights are Retail Sales and Employment...

Basics & Industry»

12 Questions for every trader + Interview with Itai Furman  – MM #60

12 Questions for every trader + Interview with Itai Furman – MM #60

Jul 27, 2015 10:10
Each trader should ask herself or himself these 12 questions. And we bring an interview with Itai Furman about managing money, Fed expectations and lots more. This is a...

Recent Articles

AUD/USD Forecast Aug. 3-7

AUD/USD Forecast Aug. 3-7

If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting!AUD/USD had an uneventful week, and showed almost no change. The pair closed the week just shy of the 0.73 line. This week’s highlights are Retail Sales and Employment Change. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. [&hellip

USD/JPY Forecast Aug. 3-7

USD/JPY Forecast Aug. 3-7

USD/JPY showed little change at the end of the week, closing at 123.82. This week has six events. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. In the US, the Federal Reserve remained cautious but did acknowledge improvement in the US economy. Advance GDP rebounded with a [&hellip

USD/CAD Forecast Aug. 3-7

USD/CAD Forecast Aug. 3-7

The Canadian dollar posted minor losses last week, as USD/CAD slightly below the 1.31 line. There are only five events this week, but all are major indicators. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The Canadian dollar weakened late in the week following a disappointing GDP reading of -0.2%, its fourth [&hellip

Forex Weekly Outlook August 3-7

Forex Weekly Outlook August 3-7

US ISM Manufacturing PMI, Trade Balance, ISM Non-Manufacturing PMI, Rate decision in Japan, Employment data from New Zealand, Canada and the US, including the all-important NFP report. Join us as we explore this week’s market movers. Last week the FOMC issued its rate statement reaffirming that the US economy continues to strengthen, leaving the door [&hellip

USDCAD awaiting growth data

USDCAD awaiting growth data

The last trading day of the month, which does bring risk of choppier than normal trading as institutional investors re-balance portfolios and funds adjust to fit around month end performance statistics. The standout yesterday was the weaker euro, given that the single currency has been holding up relatively well earlier in the week. Falling bond [&hellip

Heading towards a rate increase

Heading towards a rate increase

The impression given by the Fed’s post meeting statement last night suggests a central bank inching towards a rate increase, with inching being the operative word here because the changes to the wording were indeed very subtle. But there will be an even greater focus on the jobs numbers going forward, given that the Fed [&hellip

Dollar boosted by Yellen’s statement

Dollar boosted by Yellen’s statement

Good morning. The US dollar remains strong this morning after yesterday’s FOMC policy meeting. Chairman Yellen and company released a carefully worded statement that is resonating with dollar bulls for some minor tweaks made towards labor and inflation outlooks. In the minutes following the 2pm release, volatility was extreme as the greenback was sold hard, but [&hellip

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 30 2015

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 30 2015

EURUSD Daily Pivots R3 1.117 R2 1.1127 R1 1.1054 Pivot 1.1010 S1 1.0937 S2 1.0893 S3 1.082   EURUSD (1.097): EURUSD posted a second straight day of losses as the currency failed to hold on to the gains near 1.1086. EURUSD was down trading back near the 1.097 region which marks a strong level of [&hellip

USD/CAD: Trading the Canadian GDP

USD/CAD: Trading the Canadian GDP

Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar. Here are all the details, and 5 possible outcomes for USD/CAD. Published on Friday at 12:30 [&hellip

GBPUSD Rejects Daily Resistance Level – Bearish Reversal Candle

GBPUSD Rejects Daily Resistance Level – Bearish Reversal Candle

GBPUSD has been stuck in this holding pattern under a stubborn resistance level on the daily chary, which has been containing price for the past couple of weeks. Again, the market moved up into this resistance level and the higher prices were denied, and pushed back lower to create a bearish rejection candle in response [&hellip

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