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Forex News»

  • China Repair and Restoration
    Napoleon Bonaparte once said “Let China sleep, for when she wakes, she will shake the world”. The global...
    on Nov 24, 2014 15:36

Opinions»

EUR/USD: Trading the US Preliminary GDP

EUR/USD: Trading the US Preliminary GDP

Nov 24, 2014 11:16
US Preliminary Gross Domestic Product (GDP) is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic...

Majors»

GBP/USD Forecast Nov. 24-28

GBP/USD Forecast Nov. 24-28

Nov 23, 2014 18:38
The British pound managed to hold its own against the dollar last week, showing slight losses. The pair closed at 1.5627. This week’s key events are the Inflation Report...
  • USD/JPY Forecast Nov. 24-28
    USD/JPY Forecast Nov. 24-28
    The wobbly yen continues to lose ground, as USD/JPY climbed close to 100 points last week. The pair closed at...
    on Nov 23, 2014 17:25
  • EUR/USD Forecast Nov. 24-28
    EUR/USD Forecast Nov. 24-28
    EUR/USD traded in range for some time, but eventually lost ground and closed under 1.24. Can it extend its falls?The...
    on Nov 22, 2014 15:00
  • Forex Weekly Outlook November 24-28
    Forex Weekly Outlook November 24-28
    The dollar strengthened quite nicely, with the exception of the loonie, as the US economy and the Fed remain firmly...
    on Nov 21, 2014 16:20

Minors»

USD/CAD Forecast Nov. 24-28

USD/CAD Forecast Nov. 24-28

Nov 23, 2014 16:02
The Canadian dollar showed some movement in both directions but was little changed at week’s end. USD/CAD posted slight losses, closing the week at 1.1231. This week’s...
  • AUD/USD Forecast Nov. 24-28
    AUD/USD Forecast Nov. 24-28
    AUD/USD headed to lower ground last week, losing close to 100 points. The pair closed at 0.8659. This week’s...
    on Nov 23, 2014 14:12
  • NZD/USD Forecast Nov. 24-28
    NZD/USD Forecast Nov. 24-28
    The New Zealand dollar struggled to continue advancing, as contradicting data kept it abay. What’s the...
    on Nov 23, 2014 11:37
  • AUD/USD Forecast Nov. 17-21
    AUD/USD Forecast Nov. 17-21
    AUD/USD bounced back last week, gaining close to 100 points. The pair closed at 0.8736. This week has six events,...
    on Nov 16, 2014 18:27

Basics & Industry»

Simplifying Trends For The Forex Trader to Profit

Simplifying Trends For The Forex Trader to Profit

Nov 24, 2014 10:18
In everyday speak, a trend is the hottest pair of sneakers or that must-have cell phone. It has become a marketing term that means the latest, greatest and cutting edge item...

Recent Articles

China Repair and Restoration

Napoleon Bonaparte once said “Let China sleep, for when she wakes, she will shake the world”. The global financial markets are certainly trembling this morning, with emerging market and commodity-linked currencies soaring in value after Chinese policymakers brought their stimulus programme out of the shadows on Friday. Raw materials prices and global bourses surged on

USDCAD correction could be drawing to an end; USD/CHF looking to rise – Elliott Wave Analysis

USDCAD correction could be drawing to an end; USD/CHF looking to rise – Elliott Wave Analysis

Commodity currencies are strong, but still not bullish on the bigger trend. All we see are deep corrections, and the one on USDCAD can already be in the late stages. We are looking at wave (c) now that can make another low at 1.1180 or even 1.1100. But, we suspect that sooner or later the

EUR/USD: Trading the US Preliminary GDP

EUR/USD: Trading the US Preliminary GDP

US Preliminary Gross Domestic Product (GDP) is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. Thus, an unexpected reading for US GDP could affect the movement of EUR/USD. A reading which is better than the market forecast is bullish for the dollar.

Simplifying Trends For The Forex Trader to Profit

Simplifying Trends For The Forex Trader to Profit

In everyday speak, a trend is the hottest pair of sneakers or that must-have cell phone. It has become a marketing term that means the latest, greatest and cutting edge item you can buy. In Forex speak, trend sticks closer to the words root meaning which is a direction that something is developing in changing

EURUSD rises after positive German Ifo data

The spanner in the workings of FX markets last week was the interest rate cut from China on Friday. The initial reaction saw the Aussie gain, together with stocks, as investors once again took the view that central banks were coming to the rescue. But rate cuts in China are not the same as rate

German IFO rises to 104.7 points – EUR/USD rises

German IFO rises to 104.7 points – EUR/USD rises

IFO follows ZEW with showing a bounce from the bottom in German business confidence. The headline business climate rises to 104.7 points, the current assessment stands at 110 and expectations at 99.7 points – all are better than expected. EUR/USD is rising from the lows and getting closer to 1.24, but isn’t going too far.

Stay Short EUR/USD & Sell Bounces – Barclays’ Trade Of The Week

Stay Short EUR/USD & Sell Bounces – Barclays’ Trade Of The Week

EUR/USD had its lowest weekly close since 2012 at the end of last week, below 1.24. Can we expect a correction now or is another leg down on the world’s most popular pair? The team at Barclays suggests staying short and provide some nice charts: Here is their view, courtesy of eFXnews: Investors following tactical strategies should

Deal with China predicted to boost the Australian economy

Deal with China predicted to boost the Australian economy

The Australian economy received a significant boost last week after the announcement that Australia and China would sign a free trade agreement pumping an additional $18 billion into the local economy over the next decade, and potentially offsetting the effects of the mining boom that many say is coming to an end. Australia is Chinas

EUR/JPY At Risk Of More Downside Moving Ahead

EUR/JPY At Risk Of More Downside Moving Ahead

The Euro headed lower against a few major currencies during this past week, including the Japanese yen. The Euro remains under severe bearish pressure and that is the reason why it might move lower in the short term. There was an important support for the EURJPY pair which was breached earlier, which has raised the

Staying Short AUD/USD: Bearish We Stand; – Morgan Stanley

Staying Short AUD/USD: Bearish We Stand; – Morgan Stanley

The Australian dollar managed to pare some of its losses thanks to the news about the Chinese rate cut late in the week. But is this enough for a move to the upside? The team at Morgan Stanley remain bearish on AUD/USD and set targets: Here is their view, courtesy of eFXnews: Relative to consensus, Morgan