Recent Articles
Forex Weekly Outlook – October 19-23 2009
After another week of general dollar weakness, this week’s highlights are housing data from the US, meeting minutes from all over the world, a rate decision in Canada and British GDP. There are many more important releases. Let’s see what’s expecting us this week: The past week showed us that also in the Asian sessions,
Forex Crunches for the Weekend – October 17 2009
Here are some interesting forex-related blog posts and articles for the weekend. All of them have a rather broad scope: Casey Stubbs brings an interesting review of JCLs forex signals. Stay tuned for a serious review here on Forex Crunch on Tuesday. Macro Man, in his unique style, discusses US inflation and deflation. Speaking of
Forex Daily Outlook – October 16th 2009
After a night of dollar weakness that sent the Aussie to new highs, the dollar recovered and is awaiting the TIC Long-Term Purchases, as well as other indicators. Let’s see what’s awaiting us on the closing day of the week. In Switzerland, Retail Sales are expected to rise by 1.1% after last month’s 1% rise.
Dollar falling in the Hide of the Night
The US dollar finished the period of grace and returned to falling. The Aussie is at new highs, and the Pound is continuing its comeback. Who stays behind this time? The Yen – Dollar Yen correlation is back in town. After quite a volatile day, the Asian session sees renewed dollar weakness. The strongest currency
Comeback of the Pound (2)
The British Pound made a huge comeback and is winning all across the board. Today, the Pound isn’t left behind. Stopping the QE program is one reason, but not the only one. What else is behind this comeback? Why makes this move meaningful? Here are some answers
Forex Daily Outlook – October 15th 2009
CPI figures from Europe and from the US dominate the scene today, as the US dollar continues to go downhill. Will the fall continue? Let’s see what will impact trading today: Australia’s MI Inflation Expectations remained on 3.5%, exactly like last month. Glenn Stevens, governor of the RBA, hinted that more rate hikes are underway.
EUR/USD – Breakout or Not?
EUR/USD climbed above the 1.4844 peak that it reached three weeks ago but didn’t get far away. 1.4908, just above it, was a peak at the beginning of the year. Did EUR/USD make a breakout and is doing it slowly? Or did it just get closer to the resistance line, where it can bounce back
Forex Daily Outlook – October 14th 2009
American Retail Sales and British employment figures are the highlights of today, and there are many more indicators and events. Let’s see what’s up for today. Japan’s central bank didn’t surprise anyone with the decision to leave the interest rate at 0.1%. Apart from leaving the Overnight Call Rate, they hinted in their Monetary Policy
The Race to Parity
A new wave of dollar weakness brings the Canadian dollar and the Swiss Franc closer to parity. Both just made strong moves, but have different characteristics. USD/CAD The Canadian dollar made a move during Canadian Thanksgiving. After closing at 1.0421, USD/CAD went to the low 1.03s, where it was stuck above the support line of
Forex Daily Outlook – October 13th 2009
After a day of vacations and light trading, the calendar is quite crowded today. British inflation numbers and the important German ZEW Economic Sentiment are the highlights of today. Let’s see what’s on the menu: In Britain, the BRC Retail Sales Monitor rose by 2.8%, after falling 0.1% last month. Also the second overnight figure was good: