Some may blame the effect of Obamanomics for the current stall in any long term financial recovery for the U.S, but whether or not the path that he has chosen to tread is helping or hindering the process, the evidence is clear for all to see, that many Americans are currently struggling with their money. … “Is the U.S Economy Losing Momentum?”
Category: Opinions
EUR/USD At Strong Resistance – Bearish Reversal In View
The euro reached new highs in recent sessions, after another Sunday gap. Prices extended above 1.2700 region where the market will be looking for a top. Based on the structure of a recovery from 1.2290 we are still very confident that this is a contra-trend movement and that sooner or later prices will sell-off. Guest … “EUR/USD At Strong Resistance – Bearish Reversal In View”
EUR/USD: Trading the German ZEW Jun 2012
The German ZEW Economic Sentiment Index 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. … “EUR/USD: Trading the German ZEW Jun 2012”
US Still growing but not a Global Locomotive
Towards the Fed decision, it’s time to look at the situation in the US. The picture isn’t that bright. The traditional locomotive of the global economy is not a locomotive of growth. For a third year in a row, the beginning of the year was optimistic, with nice job growth and encouraging indicators. Jobs: The job … “US Still growing but not a Global Locomotive”
How to Trade the Greek Elections with EUR/USD
The elections in this small island nation are a big event that is highly anticipated by the markets, and the results will be felt for a very long time. The reaction will likely be a roller coaster. The initial reaction in the markets may turn into a significant counter action. Here is the expected market … “How to Trade the Greek Elections with EUR/USD”
3 Scenarios for the Greek Elections and EUR/USD
Greek elections on June 17th are a huge risk event for all the world’s currencies. They are timed just before a summit of G-20 leaders. What are the possible outcomes and the impact on currencies? After 5 years of recession, Greeks abandoned the two mainstream and pro-bailout parties: PASOK (left) and New Democracy (right). Parties … “3 Scenarios for the Greek Elections and EUR/USD”
Time for Leadership
In 2008, banks were in trouble, yet governments were able and ready to act. Immediate decisive action in the US and the UK stabilized the banking system after Lehman Brothers collapsed. This was followed by a coordinated effort at the beginning of 2009. In addition, China continued growing strongly, and together with other Asian markets, … “Time for Leadership”
EUR/USD: Trading the UoM Consumer Sentiment June 2012
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 and strength of the economy. A reading which is higher than the market forecast is bullish for the US dollar. Here are all the details, and 5 … “EUR/USD: Trading the UoM Consumer Sentiment June 2012”
The ECB Pushed Spain to the Bottom – Will it
As yields on 10 year bonds are flirting with the 7% mark, it’s a good opportunity to look at the high dependency on banks and the sovereign and vice versa, thanks to the LTROs. The ECB’s long term refinancing operations initially lowered Spanish yields and helped the banks. Spanish banks took cheap loans from the … “The ECB Pushed Spain to the Bottom – Will it”
USD/JPY: Trading the US Unemployment June 2012
The US Unemployment Claims, a key indicator, is released weekly. It measures the number of people who filed for unemployment for the first time during the previous week. A reading which is higher than the market forecast is bearish for the dollar. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Thursday at 12:30 … “USD/JPY: Trading the US Unemployment June 2012”