Fundamental Overview – Market Movers Last Week – 8/30/2010

Guest post by ForexTraders.com The U.S. Dollar turned in a mixed performance last week without moving much against any of the other major currencies. Traders reported that the primary boost to the Dollar’s fortunes versus the Euro and Pound Sterling was the news out last Tuesday that the Standard and Poor’s rating agency had downgraded Ireland’s [...]

US GDP Sharply Revised Downwards – Trading Remains Tight

The second release of GDP for the second quarter was indeed bad – a downwards revision from 2.4% to 1.6%, slightly better than a revision to 1.5%. The initial reaction was dollar positive, but this was quickly erased. EUR/USD was down from 1.2720 (almost the resistance line) to 1.27. This drop was very limited and [...]

Fundamental Overview – Market Movers Last Week – 8/23/2010

Guest post by ForexTraders.com The U.S. Dollar did not move much last week, and showed mixed results overall in terms of its performance against the other major currencies. Traders reported that the primary shock to the Dollar’s fortunes was the news out last Thursday that U.S. Initial Jobless Claims had risen to the psychological 500K mark [...]

USD/CAD Outlook – August 23-27

Loonie traders expect a calm week in terms of Canadian events. Here’s an outlook for these events and an updated technical analysis for USD/CAD. USD/CAD chart with support and resistance lines marked. Click to enlarge: Most indicators were weak last week – foreign cash flows squeezed significantly, wholesale sales shrunk, and Core CPI unexpected dropped, [...]

Forex Links for the Weekend

After a busy week of tense range trading, the markets are now closed, and it’s time to sit back and enjoy some long-term forex-related articles. Here are the picks. Enjoy: Andrei lays out the third part of series about the “biggest forex scam”. In a related matter, also signal providers may be problematic. If you’re [...]

USD/CAD Outlook – August 16-20

A busy week expects loonie traders, with inflation figures providing a strong finish. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. USD/CAD graph with support and resistance lines on it. Click to enlarge: The Canadian dollar retreated mostly on the FOMC Statement, and not on Canadian issues. This week, [...]

Fundamental Overview – Market Movers Last Week – 8/09/2010

Guest post by ForexTraders.com The U.S. Dollar continued showing signs of weakness last week on the back of an overall disappointing set of economic numbers from the jobs sector in the United States. The Greenback fell significantly against all the major currencies except for the Canadian Dollar, against which it only fell by 0.1%.

USD/CAD Outlook – August 9-13

A few interesting releases expect the loonie. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. USD/CAD chart with support and resistance lines marked. Click to enlarge: Canada’s employment figures were very disappointing, and only a bigger disappointment in Non-Farm Payrolls from the US stopped USD/CAD from going higher. Let’s [...]

USD/CAD Jumps on Disappointing Canadian Jobs

After seeing outstanding results in recent months, Canadian job figures were disappointing this time – a drop of 9,300 jobs, falling short of an expected gain of 13,700 jobs. Also the unemployment rate rose from 7.9% to 8%. USD/CAD broke above resistance. In the hour before the publication of the jobs data, USD/CAD went back [...]

Fundamental Overview – Market Movers Last Week – 8/02/2010

Guest post by ForexTraders.com The U.S. Dollar began showing definite signs of weakening last week — despite some positive economic numbers from the U.S. housing sector — as it fell against all the major currencies except for the New Zealand Dollar, which declined by 0.2%. Dollar Drops Against All Majors Except the Kiwi The biggest drop [...]

keep looking »

  • Forex Crunch

    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...

  • Stay up to date!

    Subscribe By Email

    Enter your email address:


    Trade together with Currensee

    Search

  • Forex Crunch Pages

  • Forex Categories

Bad Behavior has blocked 2111 access attempts in the last 7 days.