Those expecting a third rate cut from Draghi might be disappointed. The ECB will likely repeat the “business as usual” stance that worked so well last month. There are 5 reasons for the ECB to wait and see for another month. After rate cuts in November and December, the European Central Bank left the rates … “5 Reasons Not To Cut Rates – ECB Preview”
Category: Opinions
Commodities Supportive For Majors – Video Analysis
Hello traders! Stocks are higher and the USD reached new lows against the majors during Asian session. It seems that this type of a price action will continue this week, especially after a sharp impulsive break on EUR/USD yesterday out of its 6-day consolidation range. USD weakness is also seen across the board because of higher … “Commodities Supportive For Majors – Video Analysis”
GBP/USD: Trading the British Manufacturing Feb 2012
The British Manufacturing Production indicator provides analysts and traders with a snapshot of the health of the UK 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 9:30 GMT. Indicator Background The British … “GBP/USD: Trading the British Manufacturing Feb 2012”
NZD/USD: Trading the New Zealand Employment Change
The New Zealand Employment Change indicator is an important leading indicator which often has a significant impact on the markets. Traders and analysts carefully examine employment figures, looking for any trends which could affect NZD/USD. A reading which is better than the market forecast is bullish for the New Zealand dollar. Here are the details and 5 possible outcomes for NZD/USD. Published … “NZD/USD: Trading the New Zealand Employment Change”
QE3 in March has Little Chance
A new jobs report in the US and a deterioration in Europe could still push Bernanke to ease in March, but the chances are very low now. Regarding Greece, it is hard to fully price any outcome of the current round of the crisis, as there are too many moving parts that make the situation … “QE3 in March has Little Chance”
Dollar Stronger Under Obama
The US dollar performed in a better manner under US president Barack Obama, than his predecessor, George W. Bush. Supporters of Obama claim that his policies helped the nation recover from a horrible economic crisis, while his opponents claim that his policies significantly slowed the recovery. The numbers will not persuade either side, but they … “Dollar Stronger Under Obama”
Elliott Wave Market Overview February 6 2012
Hello Traders! Hope you all had a great weekend! USD is trading higher after a gap lower on Euro and S&P Futures seen at the open. Commodity currencies are also looking weak after lower metals, with gold down more $40 from Friday highs. Looks like we could see more USD strenght in this week, but … “Elliott Wave Market Overview February 6 2012”
EUR/USD: Trading the German IP February 2012
The German Industrial Production indicator measures change in production in the important manufacturing, utilities and mining sectors. A reading which 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 11:00 GMT. Indicator Background The German Industrial Production gives analysts a snapshot of economic conditions in … “EUR/USD: Trading the German IP February 2012”
USD/CAD: Trading the Canadian Ivey PMI Index Feb 2012
The Canadian Ivey PMI (Purchasing Managers’ Index) is an important leading indicator, based on a survey of purchasing managers from a range of sectors in the economy. As the PMI comes out at the beginning of each month, analysts and traders look closely at the index readings for any hint of a market trend. A reading … “USD/CAD: Trading the Canadian Ivey PMI Index Feb 2012”
USD/CAD: Trading the Canadian Jobs Feb 2012
The Canadian employment change is an important leading indicator which has a significant impact on the markets. Traders and analysts carefully scrutinize employment figures, and a reading higher than forecast could is bullish for the loonie. Here are the details and 5 possible outcomes for USD/CAD. Published on Friday at 12:00 GMT. Indicator Background Job creation is one of … “USD/CAD: Trading the Canadian Jobs Feb 2012”