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Market Movers Episode #12: The Fed, the economy and markets

Market Movers Episode #12: The Fed, the economy and markets

Aug 22, 2014 11:45
Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch.You are welcome to listen, subscribe and provide feedback. In...

Majors»

GBP/USD Forecast Aug. 18-22

GBP/USD Forecast Aug. 18-22

Aug 17, 2014 20:17
The British pound lost close to a cent last week, as GBP/USD continues to weaken. The pair close the week at 1.6687. This week’s major events are CPI and Retail Sales. Here...
  • USD/JPY Forecast Aug. 18-22
    USD/JPY Forecast Aug. 18-22
    USD/JPY floated around the 102 magnet yet again. When will the pair pick a direction?. Trade balance is the main...
    on Aug 17, 2014 11:27
  • EUR/USD Forecast August 18-22
    EUR/USD Forecast August 18-22
    EUR/USD saw a new slide once again. but did not really make a substantial move. The focus is on the PMIs and on...
    on Aug 16, 2014 15:00
  • Forex Weekly Outlook August 18-22
    Forex Weekly Outlook August 18-22
    The US dollar was able to advance against the major currencies but retreated against commodity currencies in a...
    on Aug 15, 2014 16:57

Minors»

USD/CHF Likely to Extend Gains

USD/CHF Likely to Extend Gains

Aug 21, 2014 10:24
The US dollar blasted higher against most major currencies, including the Swiss franc yesterday post the FOMC meeting minutes. The US dollar bulls were impressed by the outcome,...
  • USD/CAD Forecast Aug. 18-22
    USD/CAD Forecast Aug. 18-22
    The Canadian dollar improved last week, as USD/CAD closed just below the 1.09 level. This week’s highlights...
    on Aug 17, 2014 16:46
  • AUD/USD Forecast Aug. 18-22
    AUD/USD Forecast Aug. 18-22
    For a second straight week, AUD/USD showed little movement, as the pair closed at 0.9316. This week’s major...
    on Aug 17, 2014 10:54
  • AUD/USD Forecast Aug. 11-15
    AUD/USD Forecast Aug. 11-15
    AUD/USD was almost unchanged last week, as the pair closed at 0.9271. This week’s highlight is NAB Business...
    on Aug 10, 2014 16:35

Basics & Industry»

Getting to grips with trend following – part 2

Getting to grips with trend following – part 2

Aug 21, 2014 08:08
According to Wikipedia, trend following is an investment strategy that is based on the technical analysis of market prices, rather than on the fundamental strengths of the...
  • How to Avoid Recency Bias
    How to Avoid Recency Bias
    One of the biggest enemies that any trader has is recency bias. This is the phenomenon that occurs when we pay...
    on Aug 20, 2014 08:23
  • Getting to grips with trend following – Part 1
    Getting to grips with trend following – Part 1
    According to Wikipedia, trend following is an investment strategy that is based on the technical analysis of market...
    on Aug 19, 2014 08:04
  • How to Anticipate Trends
    How to Anticipate Trends
    One common misperception with forex trading is that traders are able to predict trends. In other words, they use...
    on Aug 18, 2014 10:28

Recent Articles

Market Movers Episode #12: The Fed, the economy and markets

Market Movers Episode #12: The Fed, the economy and markets

Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch.You are welcome to listen, subscribe and provide feedback. In today’s episode, we focus on the Fed and its huge impact on financial markets, currencies and commodities: Post crisis Fed action: we review what the Fed has

EUR/USD Aug. 22 – Off the lows ahead of Yellen’s all important speech

EUR/USD Aug. 22 – Off the lows ahead of Yellen’s all important speech

EUR/USD is trading towards the upper end of the tight range that characterizes it towards the all-important Jackson Hole Symposium in which both heads of central banks give important speeches. How will EUR/USD look like after Yellen and Draghi take the stage? Is a dovish Yellen already priced in?  Here is a quick update on what’s moving

Is a dovish Yellen already priced in?

Is a dovish Yellen already priced in?

And if the answer is yes, could we see the dollar resume its rally once her speech is released?  Let’s see the case for a dovish Yellen and why this may already be priced in: The case for a dovish Yellen Yellen is a known dove and her view on the job market has been that there

This week in the markets: A confusing week for the pound

This week in the markets: A confusing week for the pound

GBP/USD slumped this week following the release of weaker-than-expected UK CPI inflation data.  The index dropped from 1.9% to 1.6% year-on-year. As a slight fall to 1.8% was anticipated, this bigger-than-expected move saw the pound sold off, with cable dropping around 60 pips in the immediate aftermath. The fall in clothing prices provided the largest

EUR/CAD Poised for Declines Unless this Level Gives Way

EUR/CAD Poised for Declines Unless this Level Gives Way

Technical Bias: Bearish Key Takeaways • Euro traded lower against the Canadian dollar as the market sentiment titled in favor of sellers. • 1.4550 resistance level holds a lot of importance, as if the EURCAD pair fails to break it, then it might continue trading lower. • EURCAD support seen at 1.4500 and resistance ahead

Markets await Fed Chair Yellen’s speech

Markets await Fed Chair Yellen’s speech

You could tell that markets were playing a waiting game on Thursday. The dollar gave back some gains, but only partially against the Aussie and the euro. Otherwise, even the better data on housing and sentiment from the US was not sufficient to given the Greenback a further lift. The focus remains with the US and dollar

Strong US data: existing home sales jump to 5.15 million, Philly Fed to 28

Strong US data: existing home sales jump to 5.15 million, Philly Fed to 28

Excellent US data: existing home sales jump to an annualized level of 5.15 million, the Philly Fed figure leaps to 28 points, and the CB Leading Index rises by 0.9%. Everything sees positive in the US economy today. Will Yellen acknowledge it? The Philly Fed Manufacturing Index for August was expected to drop to 19.7 from

USD Rallies after FOMC Minutes, ahead of Jackson Hole

USD Rallies after FOMC Minutes, ahead of Jackson Hole

The previously strong US dollar got an added boost following the release of the FOMC minutes yesterday afternoon. Fed officials were recorded as saying job gains might bring a rate rise sooner than anticipated as financial system vulnerabilities were “well contained”. These comments sparked another dollar rally ahead of two hotly anticipated speeches at this

US jobless claims falls to 298K

US jobless claims falls to 298K

Good news from the US: jobless claims drop below 300K once again: a drop of 14K to 298K. Continuing claims stand on exactly 2.5 million, also slightly better than predicted. The 4 week moving average is at nearly 301K, higher than last week, but still low enough and encouraging enough. The dollar is slightly stronger, on

EUR/USD – Steady on Mixed Euro PMIs

EUR/USD – Steady on Mixed Euro PMIs

EUR/USD continues to trade at low levels on Wednesday, as the pair trades in the mid-1.32 range. The euro has lost over 100 points this week and finds itself at its lowest level since September 2013. On the release front, a host of Euro PMIs painted a mixed picture, with German figures beating their estimates. It’s a busy day in the US, with two