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Forex News»

  • When Doves Cry
    When Doves Cry
    The foreign exchange markets are a mixed bag this Thursday morning, one day following the release of the minutes...
    on May 21, 2015 15:09

Opinions»

Why EUR/USD Parity looks more real, and that GDP Now – ING

Why EUR/USD Parity looks more real, and that GDP Now – ING

May 22, 2015 08:03
EUR/USD managed to print some sort of stability after the big fall from the highs. However, the reason for the fall could continue weighing heavily on the common currency. The...

Majors»

GBP/USD Forecast May 18-22

GBP/USD Forecast May 18-22

May 17, 2015 17:43
The British pound posted strong gains for a second straight week, as  the pair gained about 270 points. The pair closed at 1.5708, the highest weekly close since early...
  • USD/JPY Forecast May 18-22
    USD/JPY Forecast May 18-22
    USD/JPY lost ground last week, as the yen gained 70 points. The pair closed slightly above the 119 level, at...
    on May 17, 2015 17:20
  • EUR/USD Forecast May 18-22
    EUR/USD Forecast May 18-22
    EUR/USD was was initially pressured to the downside but then reached new highs in another volatile week. What’s...
    on May 16, 2015 14:00
  • Forex Weekly Outlook May 18-22
    Forex Weekly Outlook May 18-22
    The dollar was on the back foot on more worrying signs from the US economy. Inflation data from the UK, the US...
    on May 15, 2015 17:23

Minors»

AUD/USD Forecast May 18-22

AUD/USD Forecast May 18-22

May 17, 2015 15:36
The Australian dollar showed some volatility last week, and gained 100 points. AUD/USD closed the week at 0.8024, its first weekly closing above the 0.80 level since mid-January....
  • USD/CAD Forecast May 18-22
    USD/CAD Forecast May 18-22
    USD/CAD lost about 100 points, closing the week below the 1.20 level for the first time since mid-January. The...
    on May 17, 2015 12:22
  • NZD/USD Forecast May 18-22
    NZD/USD Forecast May 18-22
    The New Zealand dollar fell sharply in a week that probably had the RBNZ smiling, but then managed to enjoy some...
    on May 17, 2015 11:06
  • USD/CAD Forecast May 11-15
    USD/CAD Forecast May 11-15
    The Canadian dollar took advantage of a broadly weaker US dollar and gained over 100 points last week. USD/CAD...
    on May 10, 2015 19:06

Basics & Industry»

Location! Location! Location!

Location! Location! Location!

May 7, 2015 14:40
Two seemingly unrelated economies are Singapore and Denmark. However, their currencies have been linked by a solidly negative trend. It is important to discover whether or...

Recent Articles

All eyes on German business sentiment

All eyes on German business sentiment

Risk assets continue to edge higher with equity indices rebounding from recent sell offs and oil prices bouncing. The dollar rebound though just seems to have run out of steam as yesterday’s better UK retail sails saw GBPUSD recover most of its losses from earlier in the week and some half decent data from the

Why EUR/USD Parity looks more real, and that GDP Now – ING

Why EUR/USD Parity looks more real, and that GDP Now – ING

EUR/USD managed to print some sort of stability after the big fall from the highs. However, the reason for the fall could continue weighing heavily on the common currency. The team at ING discusses the pair, parity and the US GDP Now model: Here is their view, courtesy of eFXnews: “With the initial estimate for

When Doves Cry

When Doves Cry

The foreign exchange markets are a mixed bag this Thursday morning, one day following the release of the minutes from last month’s Federal Reserve policy meeting. While the minutes were fairly unremarkable, they did have a slight bias towards “wait and see” on the prospect on when to raise interest rates, which is putting a

USD/CAD Tries To Follow the USD Uptrend – BofA Merrill

USD/CAD Tries To Follow the USD Uptrend – BofA Merrill

The US dollar is on a roll this week, for a variety of reasons. The move also affects the Canadian dollar. The team at Bank of America Merrill Lynch explains: After 2 months of correcting, the USD Index is resuming its larger uptrend, notes Bank of America Merrill Lynch. “The impulsive gains from 93.13 (May-14

EURUSD & GBPUSD Making A Correction Within Downtrend – Elliott Wave Analysis

EURUSD & GBPUSD Making A Correction Within Downtrend – Elliott Wave Analysis

The reaction to yesterday’s FOMC minutes were actually muted across the board, as we haven’t seen anything unexpected from the FED which will wait with raising rates for now even if the economic data will improve. On EURUSD, the price held the daily lows and is now moving even slightly higher, above the Elliott Wave

EUR/USD: Trading the German Ifo Business Climate

EUR/USD: Trading the German Ifo Business Climate

German Ifo Business Climate is a monthly composite index of about 7,000 businesses, which are surveyed about current business conditions and their expectations concerning economic performance over the next six months. A reading which is higher than the estimate is bullish for the euro. Here are all the details, and 5 possible outcomes for EUR/USD.

Euro awaits today’s  PMI data

Euro awaits today’s PMI data

The April FOMC meeting minutes last night did little to change perception on the Fed, namely that a June rate hike is off the agenda (but not totally ruled out) and that the economy does not seem strong enough yet for them to start their much anticipated tightening cycle. There was some dollar volatility around

GBPJPY: Reverses Losses, Eyes Further Upside

GBPJPY: Reverses Losses, Eyes Further Upside

GBPJPY: With GBPJPY reversing its one-day corrective weakness, it now faces further upside risk in the days ahead. This development leaves the threat of a move higher in the days ahead. On the downside, support comes in at the 188.00 level where a violation will aim at the 187.00 level. A break below here will

USD: 3 Signs The Tide Is Turning; How To Trade It? – Credit Suisse

USD: 3 Signs The Tide Is Turning; How To Trade It? – Credit Suisse

The US dollar remains strong also after the FOMC meeting minutes. The ship continues sailing. Here are three signs and how to trade it, by the team from Credit Suisse: Here is their view, courtesy of eFXnews: “For the past two months the USD has been stuck in correction mode. As we highlighted, lengthy consolidation

USDCHF – Watch out for the $0.9460 level

USDCHF – Watch out for the $0.9460 level

Talking Points US Dollar continued to gain against the Swiss Franc and has the potential to test the $0.9460 resistance area moving forwards Swiss ZEW Survey Expectations published by the Centre for European Economic Research came in at -0.1 in May 2015, compared to the last reading of -23.2 USDCHF is trading around $0.9400 which,