USDOLLAR Carves Higher Low Following NFPs- JPY to Face BoJ
Chart – Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.55 percent higher from the open after the world’s largest economy added another 175K jobs in May,...
View ArticleGBP Rebound Limited by 1.5780 Threshold- Short Scalps on Tap
Chart Created Using FXCM Marketscope 2.0 For updates on this scalp and more setups follow him on Twitter @MBForex
View ArticleRisk Appetite Reappears While USD/JPY Inches Towards ¥100.00.
THE TAKEAWAY: Chinese Manufacturing PMI (JUN): 50.1 actual versus 50.1 expected, from 50.8 prior > US ISM Manufacturing (JUN): 50.9 actual versus 50.5 expected, from 49.0 prior > USDJPY slowly...
View ArticleFX Headlines: European Data Watch for July 5, 2013
– British Pound’s Prospects Damaged by GDP Revision; BoE on Hold this Week – Euro Attempting to Avoid Crisis Conviction, ECB on Tap – Gold: $1181 Paramount for Bulls Only one item on the Euro-Zone...
View ArticleGold, Crude Oil to Rise if FOMC Rhetoric Proves Dovish
Crude oil and gold prices are likely to rise if the Federal Reserve opts to offset worries about a cutback in QE with a dovish change in forward guidance. Financial markets have set their sights on the...
View ArticleEuro Could be Best Performer if Spanish GDP Beats, ECB Holds
Fundamental Forecast for Euro: Bullish The Euro finished in the middle of the pack this past week, gaining +1.02% against the worst performing US Dollar (the EURUSD closed at $1.3279), while losing...
View ArticleIs the USD Reversal on Tap? Weekly Scalp Setups Ahead of FOMC
Last week’s report highlighted setups in play as the US Dollar rebounded off key near-term support, achieving all our primary objectives before turning over mid-week. Once again we find the greenback...
View ArticleForex: Dollar Vulnerable Before US Durable Goods Orders Data
The US Dollar may face selling pressure if July’s Durable Goods Orders report undermines calls for a Fed move to taper QE asset purchases in September. An empty economic calendar in European trading...
View ArticleIts Do-or-Die time for the Euro/US Dollar ahead of FOMC Decision
It’s Do-or-Die time for the Euro/US Dollar ahead of FOMC Decision Fundamental Forecast for Euro: Neutral The Euro broke to fresh multi-week highs against the US Dollar, but the Dow Jones FXCM Dollar...
View ArticleThe ways to take mortgage loans
The mortgage financial solutions are highly availed grant solutions these days through which people can afford to purchase a home. That is the reason; the mortgages are highly famous among the...
View ArticleThe reasons to avail personal financial solution
There are various kinds of grant programs available in the money lending market and people carry on receiving these loans to meet up their needs. The personal loans are highly famous among the...
View ArticleForex – What I Like / Dislike 01.25.13
Will be on CNBC Street Signs this morning and wanted to give you a sneak peek of my notes: I like EUR and AUD For EUR: – All of $ that was parked in Switzerland and U.K. Full post…
View ArticleForex: Dollar Corrects Higher, All Eyes on Jobs Data for Follow-Through
The US Dollar launched a corrective recovery to start the trading week, rising as much as 0.2 percent on average against its leading counterparts. The move likely reflects corrective profit-taking in...
View ArticleTrading U.K. 3Q GDP- British Pound Eyes 1.6300 Resistance
– U.K. GDP to Expand for Third Straight Quarter – 0.8% Growth Rate to Mark Highest Print Since 2Q 2010 The U.K. economy is expected to expand another 0.8% in the third-quarter, and a faster rate of...
View ArticleWeekly Forex Trading Forecast: Who Stands to Benefit the Return of the...
US Dollar Forecast – US Dollar Traders Weigh Taper, ECB and BoJ Stimulus Plans We are in the midst of another stimulus war, and this time the dollar may be one of the better positioned combatants. Full...
View ArticleGBPUSD to Threaten Key Resistance on Hawkish BoE Minutes
– Bank of England (BoE) Minutes to Show Unanimous Vote – Was There Talk to Shift Forward-Guidance? Will They Promote Stronger Cable? The British Pound may make a more meaningful run at the 1.6300...
View ArticleForex: Dollar Back Three-Month Highs, FOMC Decision Ahead
Talking Points: Dollar Back Three-Month Highs, FOMC Decision Ahead The dollar rose against all of its major counterparts this past session – even the stubborn euro – and too much credit seems to go to...
View ArticleForex: Euro May Fall on Soft PMIs, Yen Gains on Pre-FOMC Jitters
The preliminary set of December’s The safe-haven The foundation for scaling down the Fed’s stimulus appears to be in place. Fiscal drag fears – already on the decline since end of the government...
View ArticleForex: Euro at Risk if Soft CPI Data Feeds ECB Stimulus Speculation
Talking Points: Get Real-Time Feedback on Your Trades with DailyFX on Demand! The focus is on December’s preliminary estimate of December’s Eurozone CPI reading in European hours. Expectations call for...
View ArticleWill Strong NFPs Provoke a Deeper Pullback in GBP/USD?
– Sterling dives as data comes in weak in spades. – Swiss Franc strengthens in wake of ECB. – US Dollar holding steady ahead of the December NFPs. To keep up with the European data and news as the week...
View Article
