No change is expected in the upcoming rate decision in the euro-zone. Trichet is likely to soften his stance on inflation. But how soft will he be? ECB Preview. In the recent rate decision, Jean-Claude Trichet remained upbeat on inflation risks. He used the code words “very closely monitoring”, which mean that a rate hike … “Hint of a Rate Cut? ECB Preview”
Category: Opinions
USD/CHF: A daily close above 0.85 calls for 0.90
The Swiss franc moved lower across the board significantly this morning after Swiss Central Bank intervention. Always when you see move like this you need to make a step back and look at the larger time frames, to see where the price stands and where is it headed. Well, we are looking at the 4h … “USD/CHF: A daily close above 0.85 calls for 0.90”
AUD/USD: Trading the Australian GDP Sep 2011
Gross Domestic Product (GDP) is a measurement of the production and growth of the economy. It is considered by analysts as one the most important indicators of economic activity. Thus, publication of Australian GDP may have a significant impact on AUD/USD. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at 1:30 … “AUD/USD: Trading the Australian GDP Sep 2011”
EUR/USD: Trading the US ISM Non-Manufacturing PMI
The Non-Manufacturing PMI (purchasing managers’ index) is an important leading indicator which focuses on the non-manufacturing sector of the economy. As the PMI comes out at the beginning of each month, traders look closely at the index for any hint of a market trend. Here are all the details and 5 possible outcomes for EUR/USD. … “EUR/USD: Trading the US ISM Non-Manufacturing PMI”
Where To Invest During The Stock Market Collapse?
The US stock market moved significantly lower in August, with S&P500 down to 1100 region once the critical region at 1249 (March 2011 lows) was taken out. Below we have a weekly chart, where you will notice that prices also broke through the lowest support line of a corrective channel which is a very strong … “Where To Invest During The Stock Market Collapse?”
Non-Farm Payrolls Critical For QE3 Decision – Preview
We again reach the monthly circus: Non-Farm Payrolls. And in this publication, it is of high importance due to the critical impact on the upcoming lengthened FOMC meeting due later in the month. NFP Preview. Last month’s Non-Farm Payrolls report was finally good: not extraordinary, but a gain of 117K still points to growth, and … “Non-Farm Payrolls Critical For QE3 Decision – Preview”
USD/JPY Weakens, USD/CAD Bearish Threat
USDJPY: Weakens, Closing In On The 75.92 Level. USDJPY: With continued bearish threats seen, further weakness is expected to shape up towards its 2011 low at 75.92. A decisive clearance of that level will eventually resume its long term downtrend towards the 74.00 level and then the 73.00 level, all representing its psycho levels. Guest … “USD/JPY Weakens, USD/CAD Bearish Threat”
Aussie defiance
It could be argued that it has been a terrible month for the Aussie. The economy down under is clearly slowing, there is speculation that the RBA might even lower rates before the end of the year, house prices are declining, some of the world’s major advanced economies may be lurching back into recession and … “Aussie defiance”
AUD/USD: Recovery Since Aug 9th still Searching For A
Aussie rallied into a new high in recent sessions, after the prices were unable to break through the swing lows that we paid attention on in the past week. So as long this pair will be forming higher highs and higher lows, trend will be considered as a bullish, but still corrective! We are now … “AUD/USD: Recovery Since Aug 9th still Searching For A”
USD/CHF: Trading the Swiss GDP
The Gross Domestic Product (GDP), a quarterly index which measures the production and growth of the economy, is one the most important economic indicators of the health of the economy. The publication of Swiss GDP may have a critical effect on USD/CHF. Here are all the details, and 5 possible outcomes for USD/CHF. Published on Thursday at … “USD/CHF: Trading the Swiss GDP”