To hike or not to hike? The answer is coming and you should get ready. The September Fed decision is here and markets are holding their breath. We cover the Federal Reserve’s dilemma about a rate hike, potential market reaction and all the moving parts. We then cover the upcoming Greek elections and finish with Brazil. You are welcome … “Fedilemma – all you need to know towards the critical”
Category: Opinions
EUR/USD: Trading The German ZEW Sep 2015
German ZEW Economic Sentiment is based on a monthly survey of institutional investors and analysts and their views of the German economy. A reading that is higher than the market forecast is bullish for the euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Tuesday at 9:00 GMT. Indicator Background … “EUR/USD: Trading The German ZEW Sep 2015”
Overvalued and undervalued currencies – BofA Merrill
We often look at oversold and overbought conditions with currency pairs after significant moves. And what about the bigger picture? The team at Bank of America Merrill Lynch has some interesting observations for USD, EUR, AUD, NZD, CAD and more: Here is their view, courtesy of eFXnews: In a note to clients today, Bank of … “Overvalued and undervalued currencies – BofA Merrill”
EUR/USD might accelerate higher into FOMC rate decision, Buy
In today’s Tip TV Forex Forecast, Steven Woodcock, Senior Analyst at Plutus FX, offers the outlook for EUR/USD, USD/CAD, AUD/USD and USD/JPY. Good time to buy the greenback Woodcock remains a long term dollar bull and notes that the greenback is currently seeing a short-term pullback and it’s a good time to buy the USD. … “EUR/USD might accelerate higher into FOMC rate decision, Buy”
A Cheat Sheet For Trading The FX Market Right Now – BNPP
Less than a week before the all important Fed decision, and there seems to be a mix of tension and confusion in markets. What’s going on? The team at BNP Paribas try to explain: Here is their view, courtesy of eFXnews: Currency market participants have returned from their summer breaks to a challenging market environment … “A Cheat Sheet For Trading The FX Market Right Now – BNPP”
EUR/USD: Trading the UoM Consumer Index – Sep. 2015
The University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. An increase in consumer confidence is a positive sign about the health of the economy and is bullish for the US dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Update: US consumer confidence misses with 85.7 … “EUR/USD: Trading the UoM Consumer Index – Sep. 2015”
NFP feeding the Fed, Draghi drill down and more
Is the NFP good enough for the Fed? We try to provide a good answer as the big event looms. We then digest the other big event that has long term implications: the ECB decision and the Draghi show. We end with a preview of the upcoming events. You are welcome to listen, subscribe and provide feedback. NFP enough … “NFP feeding the Fed, Draghi drill down and more”
AUD/USD: Trading the Australian jobs Sep 2015
Australian Employment Change, which is released monthly, provides a snapshot of the health of the Australian labor market. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are the details and 5 possible outcomes for AUD/USD. Published on Thursday at 1:30 GMT. Indicator Background Job creation is one … “AUD/USD: Trading the Australian jobs Sep 2015”
Draghi degrades the euro into a second tier safe haven
Draghi giveth and Draghi drageth away. The euro’s behavior in recent months is experiencing a change. ECB pushes EUR down The European Central Bank sent EUR/USD from the highs of nearly 1.40 in May 2014 to under 1.05 in March 2015. ECB president Mario Draghi first hinted of a negative rate in May 2014 and then acted … “Draghi degrades the euro into a second tier safe haven”
USD/ZAR: Out of Phase
BRIC was original acronym for the four emerging market nations of Brazil, Russia India and China. By 2010, the emerging market nation of South Africa showed so much promise the initial “S” was appended to BRIC, and thus henceforth known as BRICS. At the time, quarterly GDP growth was remarkable as demonstrated in the graph … “USD/ZAR: Out of Phase”