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EUR/USD: Trading the US Non-Farm Payrolls

EUR/USD: Trading the US Non-Farm Payrolls

Mar 5, 2015 13:06
US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than...

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

EUR/USD < 1.10 – Draghi drags it down

EUR/USD < 1.10 – Draghi drags it down

The avalanche continues and for good reasons. EUR/USD broke below the round number of 1.10 and is trading at yet a new 11 year low. These levels were last seen early in the previous decade. The main driver is simply monetary policy divergence. The ECB is beginning its QE program, with Draghi explaining the implementation, and the

6 takeaways from Draghi – EUR/USD falls off the edge (updated)

6 takeaways from Draghi – EUR/USD falls off the edge (updated)

ECB president Mario Draghi laid out the details of the ECB QE. This rate decision, that was seen by some as an anti-climax after the QE announcement last time, provided a lot of important data. Here are the main points, and an attempt to answer the question: will EUR/USD fall off the edge of 1.10 and

All Eyes on Draghi…

All Eyes on Draghi…

As today’s market analysis goes to print, Mario Draghi takes to the podium to discuss the latest European Central Bank meeting. Earlier today, Mr. Draghi and company left rates unchanged at 0.05% and markets are looking for more clarity on the Quantitative Easing plans that were announced in January. Up to this point, all we

EUR/USD: Trading the US Non-Farm Payrolls

EUR/USD: Trading the US Non-Farm Payrolls

US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Published on Friday at 13:30 GMT. Indicator Background Job

EUR/USD downtrend is not over – 1.05 next target – ANZ

EUR/USD downtrend is not over – 1.05 next target – ANZ

EUR/USD fell to a new 11 year low under 1.11 and that’s before the ECB. What is the next move? The team at ANZ explains how the downtrend could further continue despite positive signs: Here is their view, courtesy of eFXnews: The downward pressure on the EUR remains intact especially as the break of some

All eyes on ECB’s new QE

All eyes on ECB’s new QE

The euro suffered further losses against the US dollar yesterday hitting a fresh 11 and a half year low following a morning of mixed to slightly weaker than expected Eurozone services data and decent numbers from the US which attracted more buyers of dollars at the expense of the single currency. Sterling also suffered losses

4 reasons for the extended EUR/USD fall

4 reasons for the extended EUR/USD fall

The euro continues to fall: the initial break down below 1.11 resulted in the pair stabilizing above 1.1060, the pair started the European morning with an early fall to lower ground. 1.1026 is the new low, before the pair bounced, but not to the previous levels. Will we see EUR/USD below 1.10 today?  Here are the technical

USD/JPY, USD/CAD: Bullish Setup; EUR/USD: Breakout – BofA Merrill

USD/JPY, USD/CAD: Bullish Setup; EUR/USD: Breakout – BofA Merrill

What’s next for the US dollar against the yen, Canadian dollar and the euro? Here are some technical setups from Bank of America Merrill Lynch: Here is their view, courtesy of eFXnews: USD/JPY is on the verge of completing its 3m range trade and resuming its long term bull trend for 120.49, notes Bank of America

Eurozone fundamentals improving, eventually EUR should follow

Eurozone fundamentals improving, eventually EUR should follow

Cheaper oil, low interest rates and strong US growth may be starting to work their magic on the flagging Eurozone economy – if so a recovery of the EUR should follow in due course. For now the EUR remains under pressure, not least with the European Central Bank launching its EUR 1.1 trillion quantitative easing

Bank of Canada leaves policy unchanged – USD/CAD falls

Bank of Canada leaves policy unchanged – USD/CAD falls

As expected, the Bank of Canada left the interest rate unchanged at 0.75%. This come after a surprising rate cut in January, but after solid inflation numbers and a stabilization in oil prices seen afterwards. USD/CAD is reacting with a fall to 1.2450 on some relatively hawkish talk. The statement includes a line saying that inflation