The Fed meeting sent mixed signals, as members moved forward their rate hike expectations but at the same time chairman Ben Bernanke kept the door open for more QE if necessary. US data were mixed, with worryingly weak data for jobless claims, while pending home sales point to further strength in Read More Weekly Focus [...]
Posted in FX News | Tagged austerity, focus, growth, or, weekly
The coming week holds an extraordinary wall of event risk. With fundamental waves like the Fed’s updated rate forecasts, US and UK GDP, Australian CPI and the BoJ rate decision, this will be a week to buckle up for a wild ride. Read More Forex Trading Weekly Forecast 04232012
Posted in FX News | Tagged 04232012, Forecast, forex, trading, weekly
Focus is back on the euro crisis as pressure has built in particularly Spain with risk of contagion to Italy. On the data front the week has been mixed with soft US jobless claims but decent trade data. In China lower-than-expected GDP growth for Q1 was offset by stronger activity in Read More Weekly Focus [...]
Posted in FX News | Tagged focus, of, questioned, recovery, strength, the, weekly
The carry trade and risk trends took a notable correction this week, but markets fell short of a critical and definitive bear trend turn. A focus on stimulus, earnings and a re-emerging Eurozone financial crisis may follow up on the correction with momentum. Read More Forex Trading Weekly Forecast 04162012
Posted in FX News | Tagged 04162012, Forecast, forex, trading, weekly
The EURCAD is now approaching key daily resistance with the proximity to our topside limit offering favorable scalp targets. Here is the setup we will be trading into the close of the week. Read More EURCAD Weekly Scalp Pending Break to Offer Directional Bias
Posted in FX News | Tagged bias, break, directional, eurcad, offer, pending, scalp, to, weekly
Stimulus expectations are starting to wane as the Eurozone crisis reemerges. The tides of investor sentiment are starting to shift. As we head into the new week, the underlying change in perception faces key catalysts like Chinese 1Q GDP and the start of the US earnings season. Read More Forex Trading Weekly Forecast 04092012
Posted in FX News | Tagged 04092012, Forecast, forex, trading, weekly
The US dollar had a strong rally this week on the signs that the Federal Reserve will refrain from quantitative easing. The speculation about easing reemerged by the end of the week, but didn’t influence the rally to a high degree.(…)Read the rest of Weekly Summary: Dollar’s Rally Unfazed by Prospect of QE (189 words) Posted on Forex News. Read More Weekly Summary Dollars Rally Unfazed by Prospect [...]
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Y’all ready to tackle the cross-currency pairs this week? Check out these smokin’ hot levels on EUR/JPY, GBP/JPY, and EUR/GBP to help you gear up for the trading week ahead! 22 Vote(s) Read More Weekly Watch April 2 to 6, 2012
Posted in FX News | Tagged 2, 2012, 6, april, to, watch, weekly
Weekly Forex Chart Price Action Outlook for April 2nd – 6th 2012 37 Vote(s) Read More Weekly Forex Chart Price Action Outlook Nial Fuller
Posted in FX News | Tagged action, chart, forex, fuller, nial, outlook, price, weekly
The US dollar wobbled lower through the week, looking for a direction. The upcoming week starts a new month, and the calendar is very busy: rate decisions in the UK, Australia and Europe are seen alongside first tier US figures which build up tow 41 Vote(s) Read More Forex Weekly Outlook April 26
Posted in FX News | Tagged 26, april, forex, outlook, weekly