Forex Crunch » Opinions

Central Banks Summary (Video)

Yohay — Thu, 09 Feb 2012 15:46:37 +0000

The dust settled after Draghi’s confident press conference and the expanded QE in the UK. We now see the dollar regaining some of its losses. Where are markets headed?

Michael Derks of FxPro summarizes the central banks action seen earlier (and other topics) in the day in the video below.

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EUR/USD:Trading the University of Michigan Consumer Sentiment

kenny — Thu, 09 Feb 2012 12:22:27 +0000

The University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. An increase in consumer confidence is a positive sign about the health of the economy and can help strengthen the US dollar. As well, a reading which is higher than the market forecast is bullish for the greenback.

Here are all the details, and 5 possible outcomes for EUR/USD.

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5 Reasons Not To Cut Rates – ECB Preview

Yohay — Thu, 09 Feb 2012 09:11:55 +0000

Those expecting a third rate cut from Draghi might be disappointed. The ECB will likely repeat the “business as usual” stance that worked so well last month.

There are 5 reasons for the ECB to wait and see for another month.

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Commodities Supportive For Majors – Video Analysis

Yohay — Wed, 08 Feb 2012 09:44:03 +0000

Hello traders! Stocks are higher and the USD reached new lows against the majors during Asian session.

It seems that this type of a price action will continue this week, especially after a sharp impulsive break on EUR/USD yesterday out of its 6-day consolidation range.

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GBP/USD: Trading the British Manufacturing Production

kenny — Wed, 08 Feb 2012 07:45:29 +0000

The British Manufacturing Production indicator provides analysts and traders with a snapshot of the health of the UK manufacturing sector. A reading which is higher than the market prediction is bullish for the pound.

Here are all the details, and 5 possible outcomes for GBP/USD.

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NZD/USD: Trading the New Zealand Employment Change

kenny — Tue, 07 Feb 2012 20:00:19 +0000

The New Zealand Employment Change indicator is an important leading indicator which often has a significant impact on the markets. Traders and analysts carefully examine employment figures, looking for any trends which could affect NZD/USD. A reading which is better than the market forecast is bullish for the New Zealand dollar.

Here are the details and 5 possible outcomes for NZD/USD.

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QE3 in March has Little Chance

Yohay — Tue, 07 Feb 2012 09:30:07 +0000

A new jobs report in the US and a deterioration in Europe could still push Bernanke to ease in March, but the chances are very low now. Regarding Greece, it is hard to fully price any outcome of the current round of the crisis, as there are too many moving parts that make the situation complicated.

John Kicklighter of DailyFX discusses these topics, the upcoming rate decision by the ECB, the impact of British QE on the pound and more in the interview below.

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Dollar Stronger Under Obama

Yohay — Mon, 06 Feb 2012 18:17:12 +0000

The US dollar performed in a better manner under US president Barack Obama, than his predecessor, George W. Bush.

Supporters of Obama claim that his policies helped the nation recover from a horrible economic crisis, while his opponents claim that his policies significantly slowed the recovery. The numbers will not persuade either side, but they are still quite interesting to examine.

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Elliott Wave Market Overview February 6 2012

Yohay — Mon, 06 Feb 2012 09:46:36 +0000

Hello Traders! Hope you all had a great weekend! USD is trading higher after a gap lower on Euro and S&P Futures seen at the open.

Commodity currencies are also looking weak after lower metals, with gold down more $40 from Friday highs. Looks like we could see more USD strenght in this week, but only within larger corrective pull-backs, which are part of a bullish trend on majors. Video:

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EUR/USD: Trading the German Industrial Production

kenny — Mon, 06 Feb 2012 09:15:51 +0000

The German Industrial Production indicator measures change in production in the important manufacturing, utilities and mining sectors. A reading which is higher than the market forecast is bullish for the euro.

Here are all the details, and 5 possible outcomes for EUR/USD.

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