The German ZEW Economic Sentiment Index is based on a monthly economic survey of economists and analysts and their views of the German economy. A higher reading than the previous month signals growth and bodes well for the Euro, while a lower reading could send the Euro downwards. Here are all the details, and 5 … “EUR/USD: Trading the German ZEW Sep 2011”
Category: Opinions
Is The Dollar Liquidity Move a Preparation for the Greek
The dramatic announcement by 5 major central banks about providing dollar liquidity for European banks could precede a bigger announcement about an official Greek default. The liquidity move, similar to the one made after Lehman, could help make the default more orderly, and prevent a Lehman like turmoil. Here are 3 reasons why this move … “Is The Dollar Liquidity Move a Preparation for the Greek”
USD/JPY: Trading the Michigan Consumer Sentiment September 2011
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. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Friday at 14:00 GMT. Indicator … “USD/JPY: Trading the Michigan Consumer Sentiment September 2011”
EUR/USD: Trading the Philadelphia Index September 14 2011
The Philadelphia Fed Index is one of three key manufacturing reports coming out this week, as we head into Q4. The manufacturing sector is an important component of the economy and the index provides a useful reading for determining whether the economy is in a growth or contraction phase. An actual reading which exceeds the … “EUR/USD: Trading the Philadelphia Index September 14 2011”
EUR/USD – Next Stop 1.330
Euro weakness accelerated late in the past week once the prices broke through the lower support line of a base channel, which we know is an evidence of an impulsive wave three. As such, decline from 1.4548 is considered as a powerful impulsive, but still incomplete leg, currently with a corrective wave 4 underway. Guest … “EUR/USD – Next Stop 1.330”
EUR/USD: Trading the European Industrial Production
The European Industrial Production index measures production in the important sectors of manufacturing, energy supply and mining. An increase from the previous reading is an indication of growth in the European economy, which would reflect positively on the Euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Wednesday at 9:00 GMT. Indicator … “EUR/USD: Trading the European Industrial Production”
Will the Dollar Take a Break?
The US Dollar Index had one of its strongest weeks in a long time. It jumped from under 75 to 77.2 points – the highest level in two months. Where will it go next? Here are the lines to watch out for and an analysis of the next moves. Perhaps it is time for a … “Will the Dollar Take a Break?”
USD/CAD: Trading the Canadian Sep 2011
The Canadian employment change is an important leading indicator which tends to have a significant impact on the markets. Traders always take a close look at employment figures, and the employment change numbers could affect USD/CAD. Here are the details and 5 possible outcomes for USD/CAD. Published on Friday at 11:00 GMT. Indicator Background Job creation is … “USD/CAD: Trading the Canadian Sep 2011”
EUR/CHF Moving Higher – Implications for EUR/USD and USD/CHF
The SNB put a floor under EUR/CHF, at 1.20. In the first hours after the shock the pair was just above this line, as the authorities struggled to stabilize their huge effort. It has now drifted higher, taking a safer distance. What does this mean for USD/CHF and for EUR/USD? USD/CHF This upwards move has … “EUR/CHF Moving Higher – Implications for EUR/USD and USD/CHF”
AUD/USD: Trading the Australian jobs Sep 2011
The release of the Australian employment change and unemployment rate indices are critical leading indicators which always affect the markets. The importance of employment figures coupled with their publication early in the month could have a significant impact on AUD/USD. Here are the details and 5 possible outcomes for AUD/USD. Published on Thursday at 1:30 … “AUD/USD: Trading the Australian jobs Sep 2011”