The monthly circus around the release of the US Non-Farm Payrolls is expected to supply a bit of positive news in the sea of red, at least better than last month’s disaster. No, no dramatic leap is likely, but with the whole world slowing down, a gain in jobs may strengthen the dollar against some … “Perhaps Some Minor Improvement? 5 Scenarios for the NFP”
Category: Opinions
Do we listen to the ratings agencies?
Moody’s and Fitch are the latest to throw in their views of the US debt situation, and were the first to come out after the deal has been announced. Moody’s downgraded the outlook to negative, but not as negative as S&P were whilst the debt situation was still to be resolved. Moody’s state that a … “Do we listen to the ratings agencies?”
EUR/USD Halts Declines, GBP/USD Maintains Consolidation Tone
EURUSD: Halts Declines, Strengthens EURUSD: The pair may have triggered a recovery higher but still retains its bear threats started from the 1.4534 level.To prevent a return below the 1.4143 level, EUR will have to break and hold above the 1.4534/76 levels. This will pave the way for a run at the 1.4696 level, its … “EUR/USD Halts Declines, GBP/USD Maintains Consolidation Tone”
Stepping Back From The Monitors? ECB Preview
Jean-Claude Trichet will have his monthly rendezvous with the press after the rate decision, and is likely to be softer this time. How will the euro react to Trichet’s words? ECB Preview with four scenarios – one is already priced in. On Thursday at 11:45 GMT, the ECB is expected to leave the interest rates unchanged … “Stepping Back From The Monitors? ECB Preview”
NZD/USD: Trading New Zealand’s Employment Figures
Employment figures are important in every country. In New Zealand, they have an even greater impact, as they are published only once per quarter. Here are all the details and 5 scenarios for the reaction of NZD/USD. Published on Wednesday at 22:45 GMT. Indicator Background Q4 2010 didn’t look too good in New Zealand, The … “NZD/USD: Trading New Zealand’s Employment Figures”
Can Jean-Claude Trichet Turn Into Jean-Claude Van Damme?
The markets have no mercy on Europe’s third and fourth largest economies: Italy and Spain. They are close to crossing the point of no return and to lose market access. The only man with the power to stop it is ECB president Jean-Claude Trichet. Can he be the super hero? The point of no return … “Can Jean-Claude Trichet Turn Into Jean-Claude Van Damme?”
EUR/USD Trading the US ISM Non-Manufacturing PMI
The purchasing managers’ index is an important market moving indicator in its own right, and it is also an important indicator for the all-important Non-Farm Payrolls report. This release could be bad and will rock the markets. Here are 5 possible scenarios for this event and the outcome for EUR/USD – not necessarily what you … “EUR/USD Trading the US ISM Non-Manufacturing PMI”
USD/JPY Bearishness, USD/CHF Resumes Long Term Downtrend
USDJPY: Bearishness Targets The 76.43 Level. USDJPY: With a strong bearishness seen, further declines are now building up towards the 76.43 level, its 2011 low. On a decisive cut through that level, USDJPY will resume its long term downtrend and weaken further towards the 74.00 and 73.00 levels, all representing its psycho levels. Guest post … “USD/JPY Bearishness, USD/CHF Resumes Long Term Downtrend”
EUR/USD: Trading the US GDP Release
The broadest measure of the economy always rocks the markets, especially in the first release. Another quarter of weak growth is expected in the world’s largest economy. Here are the details for this all-important release, and 5 possible scenarios for EUR/USD, a pair busy in an “ugly contest”. Published on July 29th, at 12:30. Indicator … “EUR/USD: Trading the US GDP Release”
AUD/USD: Minor Correction within Uptrend
While other currencies lost some ground against the buck yesterday, the Australian dollar remained strong. The reason is economic data from this week, such as PPI (0.8) reported on Sunday, and CPI (0.9) that also beat expectations. Looking at the technical side of this pair, the prices are acting very strong, and we expect this … “AUD/USD: Minor Correction within Uptrend”