3 Reasons Why Impressing Growth Fails to Cheer EUR/USD
European GDP numbers were released today. Germany led the Euro-zone growth with a whopping 2.2%, and also the overall number was excellent – 1%, much better than expected. But the gains in EUR/USD are very limited. Why? Here are three answers. Apart from German growth, 0.9% more than expected, best since the reunification, France also [...]
Euro Rising Before a New Fall?
EUR USD has taken serious damage after the Fed decision and bottomed out at a lower support level. Now, the pair is on the rise. After losing the steep uptrend channel, the direction seems down. The Fed decision on Tuesday evening was digested on Wednesday, and the results were devastating. Fear of a global slowdown, [...]
Bernanke Prints Dollars – Greenback Back Down
Ben Bernanke prints more dollars as expected from early hints. The methods that the central bank will now use, and the worries about the slowdown, end the dollar’s round trip, and makes the break down of EUR USD a false break – at least for now. In my post about scenarios for the Fed decision, [...]
Scenarios for Fed Decision
The upcoming FOMC Meeting holds high expectations for easing steps by the Federal Reserve – steps that can help stimulate the economy that has slowed down. Here are possible scenarios for this decision, and possible market reactions. On Tuesday, August 10th, at 18:15, Ben Bernanke and his team will release the FOMC statement. I’ve already [...]
Will Bernanke Devaluate the Dollar Again?
As the US economy shows signs of slowdown, the Federal Reserve might intervene to boost the economy by buying assets – spilling dollars. This prediction, by the Japanese Nomura bank goes hand in hand with a very sharp drop in the dollar across the board. Is the dollar going for an accelerated collapse like in March 2009? [...]
Interests Rates: Looking Through the Fed’s Eyes
Guest post by David Leal, Market Analyst – IntegrityFXPlus.com Like any other good, the value of a currency is determined by the forces of supply and demand. However, in currencies the supply of currencies is controlled by the central banks. They are the single most influential entity on a currencies value. So, it is obviously [...]
Forex Daily Outlook – April 5th 2010
Most of the world is still enjoying the long Easter weekend, but there’s no holiday in the US and important data is due. Let’s see what’s on the menu: The impact of Friday’s Non-Farm Payrolls will still be felt. After many days of dollar weakness, the Non-Farm Payrolls showed a nice gain in jobs, after [...]
Forex Links for the Weekend
After a strong week of trading, and just before a very busy week, it’s time to relax with a few long-term reads for the weekend. Here are my favorites: Adam Kritzer analyzes the latest rate moves by the Federal Reserve from a distance. The raise of the discount rate had a different impact on each [...]
Forex Daily Outlook – February 22nd 2010
There’s a busy week ahead, but Monday’s calendar is quite light. Here’s an outlook for the few events and the factors that will impact trading. Ben Bernanke shocked the financial markets near the end of last week with a hike of the interbank discount rate. While Federal Reserve officials downplayed this move and announced it [...]
Forex Daily Outlook – January 27th 2010
Another busy day is awaiting forex traders, with a rate decision in the US being the highlight. There are important figures today from all over the world. Let’s see what’s up for today. Apart from the scheduled releases, note that the World Economic Forum talks start today in Davos, Switzerland. Statements from there can move [...]
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