US dollar index is a little bit lower today, dropping after the greenback logged some serious gains earlier. There’s a correction under way as recent retail sales data remains strong in the minds of Forex traders. Things have been a little bit volatile over the last few hours, thanks in large part to repositioning, and speculation about the future. US dollar index has moved lower, even though the US … “US Dollar Index Drops as Correction Comes”
Month: August 2014
How to Trade Forex like Bruce Kovner
You may never have heard of Bruce Kovner, but he is perhaps one of the world’s most influential traders. He is one of the biggest movers and shakers in the interbank currency market, and plays an equally large role in the futures market. His company, Caxton Associates, is one of the world’s biggest hedge funds, … “How to Trade Forex like Bruce Kovner”
AUDNZD Poised For A Break Higher
Technical Bias: Bullish Key Takeaways • Australian dollar continues to gain traction against the New Zealand dollar. • AUDNZD pair eye a break above the 1.1050 high to gain momentum. • AUDNZD support seen at 1.0965 and resistance ahead at 1.1050. The Australian dollar outperformed the New Zealand dollar recently and looks set for a … “AUDNZD Poised For A Break Higher”
Plus500 releases trend-bucking H1 results with net profit up
By Andrew Saks-McLeod Plus500 has more than doubled its revenues in the first half of 2014 compared with last year, with profit up Source: Leap Rate
EUR/USD: Trading the German GDP August 2014
Gross Domestic Product (GDP) indicator is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Wednesday at … “EUR/USD: Trading the German GDP August 2014”
Market Movers Podcast Episode #11: Japanese economy past and
Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch.You are welcome to listen, subscribe and provide feedback. In today’s episode, we focus on the Japan, in two parts, and then also discuss the pound’s round trip and current events: Japan’s fall and rise?: How did Japan … “Market Movers Podcast Episode #11: Japanese economy past and”
BOE could enhance the view of a rate hike in 2014
While the Bank of England is not likely to hint a rate hike this year in an explicit manner, but they could certainly update the projections on slack to enhance the view that this is coming, says Simon Smith of FxPro. In the interview below, Smith also talks about the directions of the Fed and … “BOE could enhance the view of a rate hike in 2014”
UK Pound Remains Mixed Against Major Counterparts
UK pound is mixed today, thanks to a lot of thought being given to the latest data points, as well as to interest in possible outcomes for the future of the UK economy. Once again, the UK pound is in an interesting place. The latest PMI data surprised to the upside. However, inflation data, due out later this week, is expected to still be a bit low. As a result, there are expectations that the inflation data will not … “UK Pound Remains Mixed Against Major Counterparts”
Canadian Employment Weighs on Loonie
Canadian employment news is weighing on the loonie today, prompting it to trade mixed as it loses ground to the US dollar. Falling oil prices aren’t helping the Canadian dollar, either. There isn’t a whole log to support the Canadian dollar today. Right now, the loonie is trading mixed, but it is lower against the US dollar. The latest employment data shows a disappointing trend in Canada. Full-time jobs have … “Canadian Employment Weighs on Loonie”
One Financial Markets rolls out Tradable
Tradable continues to expand: it has now partnered with One Financial Markets. 12 August 2014 – One Financial Markets has partnered with Tradable in a phased roll out of the innovative trading platform which begins today for clients wanting to set up a live account. The award-winning global online broker expects the platform to attract … “One Financial Markets rolls out Tradable”