The Swiss Trade Balance, released monthly, measures the difference in value between exports and imports. 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 on Tuesday at 7:00 GMT. Indicator Background The Trade Balance indicator is important to traders, since … “USD/CHF: Trading the Swiss Trade Balance”
Category: Opinions
“Secret Troika Report” – Key for Greek Bankruptcy Announcement
Reports are emerging that a secret report by the EU / ECB / IMF troika on Greece will show that even if the most optimistic scenarios are met, Greece will not achieve the desired debt ratio, nor get even close. This may be the trigger for a bankruptcy announcement in Athens. In addition, the bond … ““Secret Troika Report” – Key for Greek Bankruptcy Announcement”
EUR/USD Is Headed To New February Highs
Euro found the support just below 1.3020 wave A region, where wave C cleared out the stops as excepted, before market reversed higher. A reversal was just perfect, a clear impulse which its definitely a type of a price action that indicates an uptrend continuation. As such, we believe that wave B) expanded flat in … “EUR/USD Is Headed To New February Highs”
EUR/USD: Trading the US Core CPI February 2012
The United States CPI, also known as inflation, measures the change in the price of goods and services charged to consumers. Core CPI excludes eight volatile components, notably food and energy. Core CPI readings which exceed the market forecast are bullish for the dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday … “EUR/USD: Trading the US Core CPI February 2012”
Without a Marshall Plan for Greece – There’s No Hope
Back in the hot days of July 2011, European leaders demanded austerity from Greece, but also agreed on a Greek haircut, or PSI to create some relief. In addition, they were warming up for a “Marshall plan” for Greece. Perhaps the leaders were excited towards their August vacations. The phrase “Marshall plan” has disappeared with … “Without a Marshall Plan for Greece – There’s No Hope”
USD/JPY: Trading the Philadelphia Fed Manufacturing Index
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 U.S. An actual reading which exceeds the forecast is bullish for the dollar. Here … “USD/JPY: Trading the Philadelphia Fed Manufacturing Index”
EUR/USD: Trading the Eurozone GDP
The Gross Domestic Product (GDP) indicator is a measurement of the 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 euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Wednesday … “EUR/USD: Trading the Eurozone GDP”
GBP/USD: Trading the British CPI Feb 2012
The British CPI (Consumer Price Index), released monthly, measures the change in the price of goods and services charged to consumers. A reading which is higher than the market is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Tuesday at 9:30 GMT. Indicator Background The Consumer Price Index is considered … “GBP/USD: Trading the British CPI Feb 2012”
Central Banks Summary (Video)
The dust settled after Draghi’s confident press conference and the expanded QE in the UK. We now see the dollar regaining some of its losses. Where are markets headed? Michael Derks of FxPro summarizes the central banks action seen earlier (and other topics) in the day in the video below. You can follow more commentary … “Central Banks Summary (Video)”
EUR/USD: Trading the UoM Consumer Sentiment February 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 of the economy and can help strengthen the US dollar. As well, a reading which is higher than the market forecast is bullish for the greenback. Here … “EUR/USD: Trading the UoM Consumer Sentiment February 2012”