The British Manufacturing Production indicator provides analysts and traders with a snapshot of the health of the manufacturing sector. A reading which is higher than the market prediction is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Thursday at 8:30 GMT. Indicator Background The British Manufacturing … “GBP/USD: Trading the British Manufacturing May 2012”
Category: Opinions
USD/JPY: Trading the Japanese Current Account May 2012
The Japanese Current Account measures the difference between imported and exported goods, services and other transfers. 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 23:50 GMT. Indicator Background Similar to the Trade Balance indicator, analysts track the level of … “USD/JPY: Trading the Japanese Current Account May 2012”
Israel’s Grand Coalition Reduces Chances of War with Iran
In a last minute deal, Israel’s largest party joined the government to form a grand coalition and push back planned elections to the end of 2013. The politicians in this government are mostly committed to remain in their seats, and not rocking the boat in the near future. This certainly reduces the chances of a … “Israel’s Grand Coalition Reduces Chances of War with Iran”
Greeks Voted Against Austerity, But Will They Get it
The people of Greece spoke out: two thirds voted for parties clearly opposing austerity. Nevertheless, Greek election law means that the pro austerity, pro-bailout mainstream parties will likely continue ruling and having the same policy. Many Greeks will likely be even more angry after the elections. Here’s how it works. There are 300 seats in … “Greeks Voted Against Austerity, But Will They Get it”
AUD/USD: Trading the Australian Trade Balance
The Australian Trade Balance, released each month, measures the difference in exported and imported goods and services. 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 Tuesday at 1:30 GMT. Indicator Background Analysts consider Trade Balance a key economic … “AUD/USD: Trading the Australian Trade Balance”
USD/CHF: Trading the Swiss CPI
The Swiss CPI (Consumer Price Index), which is released every month, is an inflation index which measures the change in the price of goods and services paid by consumers. A reading which is higher than the market forecast is bullish for the Swiss franc. Here are all the details, and 5 possible outcomes for USD/CHF. Published … “USD/CHF: Trading the Swiss CPI”
Is US Housing Bottoming Out?
Has the US housing sector reached a bottom, getting close? This is the big question, and the answer is a bit complicated. House prices have fallen by 34% in nominal terms, or 41% in real terms (inflation adjusted). In nominal terms, we are back to 2002, and in real terms back to 1999. This is … “Is US Housing Bottoming Out?”
French Elections: Will Germany Bend for the Euro?
The runoff between incumbent president Nicolas Sarkozy and the socialist candidate Françios Hollande will be held on May 6th. All the polls point to a healthy majority for Hollande, of around 10%. His election will have implications on the euro. How will this impact the euro and how will Germany react? There’s a difference between … “French Elections: Will Germany Bend for the Euro?”
3 Scenarios for the Greek Elections and the Euro
Greece faces its first parliamentary elections since the debt crisis erupted and are critical for the whole euro-zone. The mainstream, pro-bailout parties will be hit, but how bad? Here are three possible outcomes and their meaning for the euro. The previous elections resulted in a victory for the center left PASOK party led by George … “3 Scenarios for the Greek Elections and the Euro”
EUR/USD: Trading the Non-Farm Employment Change
The Non-Farm Employment Change indicator, released by the US Government, measures the change in the number of 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. Published on Friday … “EUR/USD: Trading the Non-Farm Employment Change”