An important metal workers’ union in Germany signed a 13 month deal for a wage increase of 4.3%. This is a benchmark for other unions and also joins other agreements that surpass German inflation and the ECB’s target. This is certainly a “second round effect” which the ECB is afraid of, and so far avoided. … “German Inflation – A Substitute to an ECB Rate Cut”
Category: Opinions
USD/JPY May 2012: Trading US Existing Home Sales
The US Existing Home Sales indicator is released monthly, and provides analysts with a snapshot of the health and direction of the housing sector. A higher reading than the market prediction is bullish for the dollar. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Tuesday at 14:00 GMT. Indicator Background The Existing … “USD/JPY May 2012: Trading US Existing Home Sales”
How to Trade the Greek Euro Exit with EUR/USD
Greece is close to leaving the euro-zone in a process that is accelerating rapidly. This rare event, even if highly anticipated, is expected to trigger high volatility and provide trading opportunities. Here is an explanation about the background, when can it be expected, how markets are likely to react and two ways to trade it … “How to Trade the Greek Euro Exit with EUR/USD”
EUR/USD: Trading the Philadelphia Fed Index May 16 2012
The Philadelphia Fed Manufacturing Index is an important leading indicator, and is based on a survey of manufacturers in the Philadelphia area. It examines manufacturers’ opinions of business activity, and helps provides a snapshot of the business climate and sentiment in the US. A reading which is higher than the market forecast is bullish for the dollar. Here are all the … “EUR/USD: Trading the Philadelphia Fed Index May 16 2012”
USD/JPY: Trading the Japanese GDP
The Gross Domestic Product (GDP) measures 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 Japanese yen. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Wednesday at 23:50 GMT. Indicator Background … “USD/JPY: Trading the Japanese GDP”
Grexit Effects on Euro Could be Limited Without Contagion
A Greek exit of the euro-zone is uncharted territory and would certainly hurt the euro. Yet without contagion to other countries, the situation could improve for the common currency, says John Kicklighter of DailyFx. In the interview below, Kicklighter analyzes the situation in the euro-zone, the implications on the EUR/CHF peg, the fortunes of the … “Grexit Effects on Euro Could be Limited Without Contagion”
GDP/USD: Trading the British Claimant Count Change May 2012
The UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. Along with the Unemployment Rate indicator, which is released at the same time, it provides a snapshot of the employment market in the UK. A reading which is higher than the market forecast is bearish for the pound. Here are the details … “GDP/USD: Trading the British Claimant Count Change May 2012”
![[Video] Euro may be Calm for Now, but Stress Rises](https://investinearth.org/wp-content/uploads/2012/05/Fotolia_1524024_XS-351x185.jpg)
[Video] Euro may be Calm for Now, but Stress Rises
Despite the calmer tone in the euro’s trading, tension remains very high behiind the scenes – things that certainly worrying. In the video below, Simon Smith of FxPro discusses the various signs of stress in the money markets, the Spanish situation and what the ECB can do. Smith also states that Europe is not pushing … “[Video] Euro may be Calm for Now, but Stress Rises”
USD/CAD: Trading the Canadian May 2012
The Canadian employment change is an important leading indicator which often a significant impact on the markets, and can affect the direction of USD/CAD. A reading which is higher than forecast is bearish for the US dollar. Here are the details and 5 possible outcomes for USD/CAD. Published on Friday at 12:30 GMT. Indicator Background Job creation is one … “USD/CAD: Trading the Canadian May 2012”
Will Spain Follow Ireland or Iceland?
Spain is currently the epicenter of the debt crisis. The euro-zone’s fourth largest economy suffers from a wide range of problems, with the unemployment rate of 24.4% being the worst. High debt, like in Spain or Greece, isn’t Spain’s problem. So far. The bigger financial issue lies is with the financial sector. With banks losing … “Will Spain Follow Ireland or Iceland?”