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Forex News»

  • Loonie Leaps After GDP Beat
    Loonie Leaps After GDP Beat
    In a week that is dominated by central bank policy meetings, the Reserve Bank of Australia kicked off the parade...
    on Mar 3, 2015 15:31

Opinions»

Why euro-zone positive surprises will NOT lift EUR/USD yet

Why euro-zone positive surprises will NOT lift EUR/USD yet

Mar 3, 2015 11:21
Indicator after indicator, the data flowing out of the euro-zone continues beating expectations. After so many months of gloom, the economic situation could have reached a...
  • AUD/USD: Trading the Australian GDP
    AUD/USD: Trading the Australian GDP
    Australian GDP is the primary gauge of the production and growth of the economy. It is considered by analysts...
    on Mar 3, 2015 09:53
  • 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...
    on Mar 2, 2015 12:23
  • RBA set to move on rates tomorrow
    RBA set to move on rates tomorrow
    The pressure is on for the Australian dollar tomorrow as analysts are dived over whether the Reserve Bank of Australia...
    on Mar 2, 2015 10:37

Majors»

GBP/USD Forecast Mar. 2-6

GBP/USD Forecast Mar. 2-6

Mar 1, 2015 12:57
The British pound posted slight gains last week, as GBP/USD closed at 1.5426. This week’s highlights are the PMI reports. Here is an outlook on the major events moving...
  • USD/JPY Forecast Mar. 2-6
    USD/JPY Forecast Mar. 2-6
    USD/JPY posted slight gains last week, as the pair closed at 119.57. There are seven events this week. Here is...
    on Mar 1, 2015 11:13
  • EUR/USD Forecast Mar. 2-6
    EUR/USD Forecast Mar. 2-6
    EUR/USD finally fell out of range and closed the week on lower ground. Is this the beginning of a fall to new...
    on Feb 28, 2015 14:00
  • Forex Weekly Outlook Mar. 2-6
    Forex Weekly Outlook Mar. 2-6
    The euro was the loser in week that saw the dollar retreat and make a comeback. The first week of the new month...
    on Feb 27, 2015 16:26

Minors»

AUD/USD Forecast Mar. 2-6

AUD/USD Forecast Mar. 2-6

Mar 1, 2015 18:50
The Australian dollar posted slight losses last week, as AUD/USD closed at the 0.78 line. The upcoming week is a busy one, with 14 events. Here is an outlook on the major...
  • USD/CAD Forecast Mar. 2-6
    USD/CAD Forecast Mar. 2-6
    USD/CAD showed movement in both directions but closed the week almost unchanged at the 1.25 line. There are...
    on Mar 1, 2015 15:04
  • NZD/USD Forecast Mar. 2-6
    NZD/USD Forecast Mar. 2-6
    The New Zealand dollar as most data remained positive for the local economy. The bi-weekly dairy event is the...
    on Mar 1, 2015 11:19
  • USD/JPY Forecast Feb. 23-27
    USD/JPY Forecast Feb. 23-27
    USD/JPY was unchanged for a second straight week, as the pair closed just below the 119 line. There are seven events...
    on Feb 22, 2015 15:29

Basics & Industry»

Zero Gravity

Zero Gravity

Mar 2, 2015 08:27
I remember taking off a t-shirt and throwing it across the room in anger and frustration in 2009. It seems quite funny now! Thinking about trading I can see why many people...

Recent Articles

Loonie Leaps After GDP Beat

Loonie Leaps After GDP Beat

In a week that is dominated by central bank policy meetings, the Reserve Bank of Australia kicked off the parade last night by defying market expectations and choosing to leave their benchmark interest rate unchanged at 2.25%.  The decision to keep rates on hold is the first hawkish surprise from high-income central banks in 2015,

Canadian GDP rises 0.3% – USD/CAD falls

Canadian GDP rises 0.3% – USD/CAD falls

The Canadian economy grew at a higher pace than expected: 0.3% in December. The annualized level of growth in Q4 2014 is 2.4%, also better than 2% expected. Year over year growth for December stands at 2.8%. Will the fall in oil prices be better reflected in January or Q1? USD/CAD falls below 1.2460. Update: the

Why euro-zone positive surprises will NOT lift EUR/USD yet

Why euro-zone positive surprises will NOT lift EUR/USD yet

Indicator after indicator, the data flowing out of the euro-zone continues beating expectations. After so many months of gloom, the economic situation could have reached a point where it just couldn’t get worse. And, the weaker euro seen in recent months also played a role and is beginning to being felt.  Is this enough to

EUR/USD, GBP/USD, USD/JPY Pivot Point, TA – Mar. 3 2015

EUR/USD, GBP/USD, USD/JPY Pivot Point, TA – Mar. 3 2015

EURUSD Daily Pivots R3 1.1309 R2 1.1274 R1 1.1228 Pivot 1.1194 S1 1.1148 S2 1.1113 S3 1.1067   EURUSD rallied to reach its target of 1.1233 as noted yesterday after breaking out from the short term falling trend line. The pair quickly bounced off this level but managed to hold its declines above the previous

UK construction PMI rises to 60.1 points

UK construction PMI rises to 60.1 points

The growth in Britain’s construction sector is accelerating once again according to the latest PMI: 60.1 points, better than markets had expected. This beat follows the better than expected number for the manufacturing sector. GBP/USD is moving up on the news, trading above 1.5370. The pound is also gaining against the euro with EUR/GBP down to 0.7272.

US dollar ticks higher

US dollar ticks higher

Despite there being some mixed manufacturing data from the US yesterday, the dollar ticked higher taking USDJPY back above the 120.00 level and the dollar index itself hit a fresh eleven year high. This resurgence in the dollar has surprised some considering that, payrolls aside, the economic data has been less than impressive which allowed

AUD/USD: Trading the Australian GDP

AUD/USD: Trading the Australian GDP

Australian GDP is the primary gauge of the production and growth of the economy. It is considered by analysts as one the most important indicators of economic activity. A reading which is higher than expected is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at

EUR/USD: Upside S/T Risks; Sell The Rally – BofA Merrill

EUR/USD: Upside S/T Risks; Sell The Rally – BofA Merrill

EUR/USD is trading around 1.12 and still looking for a direction, despite hovering in lower ground. What is the next move for EUR/USD? And when? The team at Bank of America Merrill Lynch answers: Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch macro strategy team* has been a consistent bearish EUR, but has

RBA does NOT cut – AUD/USD bounces (for now)

RBA does NOT cut – AUD/USD bounces (for now)

The Reserve Bank of Australia left the interest rate unchanged at 2.25%, refraining from a second consecutive cut. This surprising move (well, it seems that some knew about the move seconds before)  sent AUD/USD shooting up above 0.78. Is this a definitive comeback or a sell opportunity? The RBA said that it is appropriate to hold

ISM Manufacturing PMI slips to 52.9 – below expectations

ISM Manufacturing PMI slips to 52.9 – below expectations

A slightly lower than expected read from the US manufacturing sector: 52.9 points in the ISM manufacturing PMI. Also construction spending disappointed with -1.1%. The employment component also fell short with 51.4 points, after 54.1 seen beforehand. Prices paid also weigh on the number, with an extremely low 35 points. New orders ticked down from