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Forex News»

  • Calm Between The Storms
    Calm Between The Storms
    This Thursday shall serve as the calm between the storms following yesterday’s FOMC meeting and Q2 US GDP print...
    on Jul 31, 2014 15:21

Opinions»

Despite a bad month GBP still has the potential to come back

Despite a bad month GBP still has the potential to come back

Jul 31, 2014 10:03
GBP has suffered quite a set-back during July with the market rowing back on UK interest rate hike expectations, however it may still make a comeback – after all there are...

Majors»

GBP/USD Forecast July 28-Aug.1

GBP/USD Forecast July 28-Aug.1

Jul 27, 2014 19:56
GBP/USD took a tumble last week, as the pound coughed up over a 100 points and slipped below the 1.70 level. The pair closed the week at 1.6964. This week’s...
  • USD/JPY Forecast Jul. 28 – Aug. 1
    USD/JPY Forecast Jul. 28 – Aug. 1
    USD/JPY rose from the lows approaching the well known 102 line once again in a week that saw lots of dollar strength....
    on Jul 27, 2014 12:25
  • EUR/USD Forecast Jul 28-Aug 1
    EUR/USD Forecast Jul 28-Aug 1
    EUR/USD lost ground for another week and reached levels last seen in November 2013. Will it continue lower? Inflation...
    on Jul 26, 2014 15:00
  • Forex Weekly Outlook Jul. 28 – Aug. 1
    Forex Weekly Outlook Jul. 28 – Aug. 1
    The US dollar advanced nicely in a week that saw mixed data. A triplet of top tier US events dominates the scene:...
    on Jul 25, 2014 19:59

Minors»

NZD/USD Forecast Jul. 28 – Aug. 1

NZD/USD Forecast Jul. 28 – Aug. 1

Jul 28, 2014 18:24
The New Zealand dollar was hit hard despite a rate hike. Where will it find a bottom? As the calendar is light, the kiwi is likely to continue digesting the words coming...
  • AUD/USD Forecast July 28-Aug. 1
    AUD/USD Forecast July 28-Aug. 1
    AUD/USD was unchanged for a third consecutive week, as the pair closed at 0.9384. This week’s highlight are...
    on Jul 27, 2014 14:53
  • USD/CAD Forecast July 28-Aug. 1
    USD/CAD Forecast July 28-Aug. 1
    The Canadian dollar sagged on Friday, as USD/CAD pushed above the 1.08 level, closing at 1.0803. On the release...
    on Jul 27, 2014 14:09
  • AUD/USD Forecast July 21-25
    AUD/USD Forecast July 21-25
    AUD/USD was unchanged for a second straight week, as the pair closed at 0.9382. This week’s highlight is...
    on Jul 20, 2014 14:14

Basics & Industry»

Understanding Currency Correlations

Understanding Currency Correlations

Jul 31, 2014 08:44
Often, novice currency traders look at individual currency pairs as if they existed in a vacuum. However, the truth is that correlation plays a big role – often, one currency...

Recent Articles

Market Movers Podcast Test Episode #9: where inflation is hiding and a preview for the top-tier movers

Market Movers Podcast Test Episode #9: where inflation is hiding and a preview for the top-tier movers

Here is another test episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing period. You are welcome to listen, subscribe and provide feedback. In today’s episode, we focus on the US, divided into two parts: Where

Calm Between The Storms

Calm Between The Storms

This Thursday shall serve as the calm between the storms following yesterday’s FOMC meeting and Q2 US GDP print and tomorrow’s July non-farm payrolls report. The US dollar remains strong following an initial report that the second quarter expanded at an annualized rate of 4.0% versus a 3.0% expectation. This was well received by the market following a

Canada grows in May by 0.4%, but the Canadian dollar falls

Canada grows in May by 0.4%, but the Canadian dollar falls

While Canadian growth beat expectations, it isn’t enough against the greenback. Canadian Gross Domestic Product rose by 0.4% in May, better than predicted. Canada was expected to report a growth rate of 0.3% in the month of May after only 0.1% in April. USD/CAD traded above 1.09 before the release. The Canadian dollar has been beaten

US jobless claims rise to 302K – USD extends gains

US jobless claims rise to 302K – USD extends gains

US jobless claims rose above 300K to 302K, as expected. However, the lack of a significant revision from last week is positive news. On the contrary, last week’s number was revised to the downside: 279K. US jobless claims were expected to bounce back above 300K to 303K, after they fell to an 8 year low

EUR/USD July 31 – Under Pressure As US GDP Sparkles

EUR/USD July 31 – Under Pressure As US GDP Sparkles

EUR/USD is stable on Thursday, as the pair continues to trade in the high-1.33 range in the European session. On the release front, Eurozone indicators were mixed. In Germany Retail Sales and Unemployment Change beat their estimates, while French Consumer Spending posted another strong gain. Eurozone CPI and Unemployment Rate met expectations. In the US, today’s highlight

Euro-zone July inflation digs the bottom: 0.4%

Euro-zone July inflation digs the bottom: 0.4%

How low can euro-zone inflation go? Lower – a new low of 0.4% is recorded in euro-zone inflation – the lowest since 2009. Will the ECB react to this news or will it prefer to say that more time is needed for its measures to be felt in the markets? It is clearly missing its target.

Eurozone inflation data  and weekly jobless claims watched

Eurozone inflation data and weekly jobless claims watched

In response to yesterday’s Outlook question, the answer is yes and in some style.  The US not only recouped its growth losses for Q1 by showing Q2 growth was 4%, but the decline in Q1 was revised upwards.  Unsurprisingly, the dollar surged on the news sending all the major pairs lower and USDJPY spiked getting

AUD/USD loses 0.93 – 3 reasons

AUD/USD loses 0.93 – 3 reasons

The not too hawkish message from the Fed saved the Aussie from losing 0.93, but this didn’t last too long. The pair is now below the line, the lowest since mid June. Here are three reasons: Weak Australian fundamentals: Australian building approvals fell by 5%, significantly worse than a drop of 1% expected. Despite the volatility

Despite a bad month GBP still has the potential to come back

Despite a bad month GBP still has the potential to come back

GBP has suffered quite a set-back during July with the market rowing back on UK interest rate hike expectations, however it may still make a comeback – after all there are a number of bullish factors supporting the currency. The UK is still the most likely of the large economies to increase interest rates first

German unemployment -12K in July – better than expected

German unemployment -12K in July – better than expected

Good news from the euro-zone’s powerhouse: the number of unemployed dropped by 12K in July after a rise of 7K in June (after revisions). Germany was expected to report a small drop of 5K in the number of unemployed in July, The seasonally adjusted unemployment rate was predicted to remain unchanged at 6.7% and that is the

Understanding Currency Correlations

Understanding Currency Correlations

Often, novice currency traders look at individual currency pairs as if they existed in a vacuum. However, the truth is that correlation plays a big role – often, one currency pair will rise when another one rises. In other cases, two currency pairs tend to move in the opposite direction to each other. This is