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US GDP may have contracted in Q1 – USD shrugs it off

US GDP may have contracted in Q1 – USD shrugs it off

Apr 24, 2015 16:19
Core durable goods orders fell by 0.2% in March, worse than a rise of 0.2% expected. And, this came on top of a downwards revision for last month’s number. Taking one...

Majors»

Forex Weekly Outlook Apr 27-May 1

Forex Weekly Outlook Apr 27-May 1

Apr 24, 2015 18:00
GDP data from the UK, the US and Canada; US Consumer Confidence, Unemployment Claims and Manufacturing PMI; Rate decision in the US, Japan and New Zealand. These are the major...
  • GBP/USD Forecast Apr. 20-24
    GBP/USD Forecast Apr. 20-24
    The British pound bounced back in spectacular style last week, as GBP/USD gained over 300 points. The pair closed...
    on Apr 19, 2015 17:51
  • USD/JPY Forecast Apr. 20-24
    USD/JPY Forecast Apr. 20-24
    USD/JPY reversed directions last week and lost over 100 points. The pair closed at 118.75. The upcoming week is...
    on Apr 19, 2015 13:00
  • EUR/USD Forecast Apr. 20-24
    EUR/USD Forecast Apr. 20-24
    EUR/USD managed to stage a nice recovery, mostly thanks to the US dollar’s weakness. Can it continue higher?...
    on Apr 18, 2015 14:00

Minors»

AUD/USD Forecast Apr. 20-24

AUD/USD Forecast Apr. 20-24

Apr 19, 2015 19:07
The Australian dollar took advantage of a broadly-weak US dollar, gaining over 100 points. AUD/USD closed the week at 0.7774. The upcoming week has eight events, highlighted...
  • USD/CAD Forecast Apr. 20-24
    USD/CAD Forecast Apr. 20-24
    The Canadian dollar had one of its best weeks in recent memory, jumping 250 points. USD/CAD closed the week...
    on Apr 19, 2015 15:35
  • NZD/USD Forecast Apr. 20-24
    NZD/USD Forecast Apr. 20-24
    The New Zealand dollar hit new highs against the greenback, mostly due to the latter’s weak performance....
    on Apr 19, 2015 11:14
  • USD/CAD Forecast Apr. 13-17
    USD/CAD Forecast Apr. 13-17
    USD/CAD reversed directions last week, gaining about 80 points. The pair closed the week at 1.2558. This week’s...
    on Apr 12, 2015 12:41

Basics & Industry»

NewsImpact’s Real Time News keeps it simple and quick

NewsImpact’s Real Time News keeps it simple and quick

Apr 22, 2015 17:47
For traders who live by the economic calendar and for anybody trading the markets, it’s important to get the news fast. And almost all retail traders cannot afford a...

Recent Articles

Forex Weekly Outlook Apr 27-May 1

Forex Weekly Outlook Apr 27-May 1

GDP data from the UK, the US and Canada; US Consumer Confidence, Unemployment Claims and Manufacturing PMI; Rate decision in the US, Japan and New Zealand. These are the major events lined up for this week. Join us as we explore the market movers for this week. Last week, US data ran below expectations, with

US GDP may have contracted in Q1 – USD shrugs it off

US GDP may have contracted in Q1 – USD shrugs it off

Core durable goods orders fell by 0.2% in March, worse than a rise of 0.2% expected. And, this came on top of a downwards revision for last month’s number. Taking one step back, the last time that core orders enjoyed a rise was back in September. The USD retreated, but then the markets probably remembered

Crude Awakening

Crude Awakening

After Saudi Arabia resumed its bombing campaign over Yemen yesterday, oil prices are sitting near a 2015 high this morning, with Brent trading at $65 a barrel while the West Texas flavour nears the $58 mark. The loonie has taken flight in response, pushing toward a key psychological threshold as brightening economic hopes translating into

EUR Rallies A Sell Irrespective Of Greece Conditions – Credit Agricole

EUR Rallies A Sell Irrespective Of Greece Conditions – Credit Agricole

EUR/USD is shaking and rolling on Greek headlines today as finance ministers meet in Riga. Optimism sent the euro up while reports about heated discussions reversed the moves. The team at Credit Agricole asks us to refocus on more important drivers of the common currency and explains why selling the rallies is a good tactic: Here is

This week in the markets: GBP/USD pushes up to 1.51 by Friday

This week in the markets: GBP/USD pushes up to 1.51 by Friday

The pound got a boost this week as the minutes from the last Bank of England Monetary Policy Committee cut a hawkish tone. They stated that the decision between holding and raising rates was “finely balanced” for two MPC members. It is safe to assume that these two members are Ian McCafferty and Martin Weale

US Dollar Seems Weaker Against GBP & CAD

US Dollar Seems Weaker Against GBP & CAD

GBPUSD remains bullish for now within an upward channel but notice that wave 5 is now approaching that important 1.5160 swing back from March 19th that we highlighted. Technically speaking, we could see a spike above that figure, followed by a sharp turn down. A move back beneath 1.5023 would be the first bearish sign.

German IFO Business Climate at 108.6 – EUR/USD remains strong

German IFO Business Climate at 108.6 – EUR/USD remains strong

The IFO business climate came out within expectations at 108.6 points. The Business expectations dropped to 103.5 and the current assessment is at 113.9. EUR/USD remains on high ground, edging up just a bit. The high so far is `,0896. Resistance awaits at 1.0910. The GErman IFO Business Climate was expected to rise from 107.9

GBP/USD: 1.5151 Key: Levels & Targets – JP Morgan

GBP/USD: 1.5151 Key: Levels & Targets – JP Morgan

Cable is on the rise in the past few days, riding primarily on the weakness of the dollar. What levels should we watch? The team at JP Morgan provides a chart and levels: Here is their view, courtesy of eFXnews: Having broken 1.5007 (minor 76.4 %) decisively, GBP/USD  increased the risk of extending to 1.5151/69 (daily

Greece, waiting for resolution

Greece, waiting for resolution

With the US in the depths of the earnings seasons, it’s noticeable once again the extent to which the dollar has been impacting some of the biggest US companies. The dollar index was up nearly 9% during Q1, following on from the substantial gains of the second half of 2014. The recent Fed minutes showed

Markets Holding Breath

Markets Holding Breath

It is a mixed bag as North Americans open this Thursday morning following weaker Eurozone and Chinese economic data. The euro is rising as we go to print after a 0.50% decline in the wake of weaker than expected German private sector growth and French business activity. Factory activity in China contracted at its fastest