Chinese Industrial Production is a key manufacturing indicator. Respondents are surveyed for their view of the economy and business conditions in China. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at 5:30 GMT. Indicator Background Traders should pay … “AUD/USD: Trading the Chinese Industrial Production”
Category: Opinions
Turkey at the Crossroads
Turkey is strategically located at the crossroads of the Arabian Peninsula, South Eastern Europe and Western Asia. Ports on the Black Sea and Mediterranean coast lines offer easy trade access to southern Europe, especially Greece and Italy, North Africa, the Middle East and Russia via the Kerch Straight. The IMF defines Turkey as an emerging … “Turkey at the Crossroads”
CAD: Rotation Emerges; EUR: Face-Off Against ECB – CIBC
The Canadian dollar enjoyed some significant volatility of late. IS it experiencing a “rotation”? EUR/USD experienced a nice rally, but could not keep up and dropped sharply. The team at CIBC explains the forces behind these currencies: Here is their view, courtesy of eFXnews: CAD: Rotation Starting to Emerge? Concerns surrounding the rotation of Canadian growth (towards … “CAD: Rotation Emerges; EUR: Face-Off Against ECB – CIBC”
Taking tips from Yellen and lots more – Market Movers
Are stock markets facing a major sell-off? We analyze Yellen’s important words in a wide context, talk about the next moves for the Aussie and the C$ and preview next week’s interesting events. You are welcome to listen, subscribe and provide feedback. Yellen: It isn’t common for the Fed to comment on stock markets, but the comment about … “Taking tips from Yellen and lots more – Market Movers”
3 reasons to go long USD on the NFP
The US gained 223K jobs in April, within expectations, but the data was mixed. The mixed data triggered a very mixed reaction in markets, with the dollar jumping up and down. Diving into the details of the report, we can find more positives than negatives. Will the dollar rise after the dust settles? Here is the case, … “3 reasons to go long USD on the NFP”
GBP: Trading The UK Elections – Credit Agricole
The UK elections are very tight and the impact of the results could be seen in GBP for quite some time. Here is the assessment from Credit Agricole: Here is their view, courtesy of eFXnews: GBP-crosses remain stuck in ranges suggesting there is no strong market view on the pound ahead of the elections. With polls still … “GBP: Trading The UK Elections – Credit Agricole”
EUR/USD: Trading the US NFP May 2015
US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Update: Non-Farm Payrolls: +223K – as expected Published … “EUR/USD: Trading the US NFP May 2015”
4 Reasons The USD Will Rebound – Keep The Faith – BNPP
The past week has not been a good week for USD bulls, and more specifically EUR/USD bears. Is all lost? The team at BNP Paribas gives 4 reasons to keep the faith: Here is their view, courtesy of eFXnews: “Against expectations, the FOMC announcement this week was less of a marketmoving event than the earlier release … “4 Reasons The USD Will Rebound – Keep The Faith – BNPP”
3 reasons why the EUR/USD rally is set to peter
EUR/USD enjoys a very strong rally: it took advantage of the USD weakness and didn’t retreat when the greenback did make a comeback against other currencies. Can this continue? The team at BTMU provides three reasons why this is not sustainable: Here is their view, courtesy of eFXnews: 1- Even if crude oil prices were to advance … “3 reasons why the EUR/USD rally is set to peter”
AUD/USD: Trading the Australian jobs May 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 May 2015”