Category: Opinions
FOMC Preview: 3 Reasons for No Changes and 3 For Action
The FOMC will likely remain on the sidelines for a second meeting in a row. The balance between the different members remains unchanged and so do indicators. Any action by the Fed will indicate a very worrying situation among banks, probably on the other side of the Atlantic, but the chances are small. The only hope
GBP/USD: Trading the British Claimant Count Change
The UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. Along with the unemployment rate indicator, which is released at the same time, it provides a snapshot of the employment situation in the UK. Traders should pay close attention to this release, as it is a market-mover for GDP/USD. Here
EUR/USD: Trading the German ZEW Economic Sentiment Index
The German ZEW Economic Sentiment Index is based on a monthly survey of institutional investors and analysts regarding their views on the outlook for the German economy. A reading that is higher than the market forecast is bullish for the Euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Tuesday at 10:00 GMT.
Potential Trade Set-ups For The Week Ahead (Dec 12)
Hello traders! Despite some action on the FX market in the past week, provided by the ECB rate decision and EU summit most of the major pairs remained trapped in a range, sideways market. As such, we decided to take look on some FX crosses, such as Eur/Chf and Eur/Aud for potential trade set-ups. We will
Hope Seems Lost for the EU Summit – Is this Intended to “Convince” EZ Governments to a Fiscal Union?
As leaders begin pre-summit meetings towards tomorrow’s big summit, the situation looks bad. The refusal of the ECB to accept more bond buying or support a circular move through the IMF is the main drag, but not the only one. Are expectations lowered in order to create more pressure and eventually come out with a
USD/JPY: Trading the University of Michigan Consumer Sentiment
The University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. A reading that is higher than anticipated by the markets is bullish for the US dollar. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Friday at 14:55 GMT. Indicator Background The University of Michigan Consumer
ECB Will Do a Lot – But Fall Short of Convincing Markets
Mario Draghi’s second rate decision will likely consist of his second rate cut in a row. There are expectations for additional measures such as easing collateral rules and extending loans to banks. While all these steps are necessary and helpful in the current situation, they will likely be too little and too late for helping
More Strength For Australian dollar As Risk Trades higher
Stocks trade higher, and the S&P Futures at new highs around 1267 on optimism that European leaders will approve aggressive plans by the end of the week to rescue the region from a debt crisis. Meanwhile majors found some support against the US dollar, but moves were really poor with some low volume and momentum.
AUD/USD: Trading the Australian Employment Change
The Australian employment change is an important leading indicator which often has a significant impact on the markets. Traders and analysts carefully examine employment figures in trying to determine the overall health of the economy. Here are the details and 5 possible outcomes for AUD/USD. Published on Thursday at 00:30 GMT. Indicator Background Job creation
GBP/USD: Trading British Manufacturing Production
The British Manufacturing Production indicator provides analysts and traders with a snapshot of the health of the 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. Published on Wednesday at 9:30 GMT. Indicator Background The British Manufacturing