Weekly Forex Roundup – Winners and Losers

The US Dollar gained against the Yen, the Pound and the Canadian dollar, but lost to the others. Here’s a review of the big moves in forex trading this week. The biggest story was the ongoing recession in Britain, that supplied a huge drop for the Pound on Friday. Dollar Weakness The US dollar index [...]

The Kiwi Flies Higher – Rate Hike Coming?

NZD/USD, the kiwi, reached new Year to date highs, passing 0.75 at the beginning of the new week. Is the market expecting a rate hike next week? Forex trading began with new dollar weakness. Many currencies regained against the dollar after losing ground on Friday. Mostof them are currently within levels seen last week: EUR/USD [...]

New Zealand Rates Unchanged – Kiwi Makes A Roundtrip

The interest rate in New Zealand remained unchanged at 2.5%. In the official RBNZ rate statement, the first paragraph talks about recovery while the last paragraph hints of future rate cuts. The kiwi went down just before the statement only to go up. A similar knee-jerk reaction was seen with Non-Farm Payrolls. Such events are [...]

Forex Weekly Outlook – September 7-11 2009

After an extremely busy week, the upcoming week is more relaxed, especially for North American traders, which enjoy the Labor Day weekend. Later in the week, things warm up with rate decisions from Britain, Canada and New Zealand, and many other important indicators. Non-Farm Payrolls, as well as a big number of other important indicators, [...]

Forex Daily Outlook – July 29th 2009

American Durable Goods Orders and a rate decision in New Zealand are the highlights of this busy day in forex trading. Australian HIA New Home Sales starts the day. Last month, this figure fell by 5.7%. In New Zealand, NBNZ Business Confidence is an important release that will give a broad view over the economy. A bigger [...]

NZD/USD Outlook – July 27-31 2009

The kiwi awaits important events this week, with the rate statement as the “best for last”. Here’s an outlook for this week’s events in New Zealand, and a technical analysis for NZD/USD. Trade Balance: New Zealand usually enjoys a surplus in its export oriented economy, yet the size of this surplus isn’t stable. In the [...]

Forex Weekly Outlook – June 8-12 2009

After a wild week that exceeded expectations, this week is relatively quiet. Trade Balance will be published almost everywhere. American Retail Sales will also stand out, as well as an interest rate from New Zealand. Here are the major events for this week: Non-Farm Payrolls closed the week with a big surprise. The dollar won [...]

AUD/USD Broke Upwards As Expected

AUD/USD broke the narrowing channel I was talking about two days ago and made an upward break. Very close to the end of the week, it trades higher and aims for new targets. AUD/USD long is live and kicking. On March 11th, I wrote that AUD/USD is squeezed in a narrowing channel, and that the [...]

Forex Daily Outlook – March 11th 2009

Wednesday features economic indicators from all over the globe, with British Trade Balance, Federal Budget Balance, Final GDP from Japan and a rate decision in New Zealand as the top indicators.  Australia starts the day with the important figure of Home Loans expected to rise by 4%, less than 6.4% in the previous month. In [...]

Forex Weekly Outlook – March 9-13 2009

After a wild week, the forex market returns to a rather normal week. Major events are the new interest rates from New Zealand and Switzerland, Japanese Final GDP, Australian and Canadian employment figures, American Retail Sales and Trade Balance in both Canada and the US. Here’s the menu for the second week of March: Monday, [...]

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    Forex Crunch is a blog all about the foreign exchange market. It includes and will include: tutorials, basics of the forex market, daily and weekly forex analysis, technical analysis, forex software posts, and whatever is related to Forex. Forex Crunch aims to deal with forex trading, but with a more personal touch. More...

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