The UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. It provides a snapshot of the UK employment situation and could affect the direction of GDP/USD. Here are the details and 5 possible outcomes for GBP/USD Published on Wednesday at 9:30 GMT. Indicator Background UK Claimant Count Change is closely monitored, … “GBP/USD: Trading the UK Claimant Count Change”
Category: Opinions
USD: 4 Reasons To Stay Structurally Bullish USD Against
The US dollar managed to recover from the 2017 slide as Trump’s administration settles down. What’s next? Here is their view, courtesy of eFXnews: We remain bullish on the dollar expecting the euro and yen to trade in weaker ranges of 1.00-1.10 and 115-125 this year. First, US data flow remains consistent with the Federal Open … “USD: 4 Reasons To Stay Structurally Bullish USD Against”
USD: President Trump And The Dollar; We Stay Firmly USD
The US dollar is not excited from Trump’s first weeks in office despite some hopes from tax changes. Nevertheless, the team at Goldman Sachs remains bullish on the greenback: Here is their view, courtesy of eFXnews: Markets are worrying over the “true” intentions of the new administration. Concern that President Trump is mercantilist and may … “USD: President Trump And The Dollar; We Stay Firmly USD”
EUR/USD : Trading the UoM Consumer Sentiment
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 is bullish for the US dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at 15:00 GMT. … “EUR/USD : Trading the UoM Consumer Sentiment”
Fractured EMU facing threat from populism: how will EUR
Reading the data One of the main challenges that the European Monetary Union faces is that the area is far too diverse for the ECB to be able to run optimal monetary conditions. Conditions which might be too loose for the core economies might be too tight for those at the core. This dynamic often … “Fractured EMU facing threat from populism: how will EUR”
AUD/USD: Pending Bullish Signal On A Weekly Close Above
The RBA did not rock the boat and the Aussie held its ground. What’s next? Here is their view, courtesy of eFXnews: Trend: Price broke down from its broad 2016 triangle in Q4 2016 and challenged the bottom of the nine-month range and our downside target at 0.7150/00 in December. The response to nine-month lows at … “AUD/USD: Pending Bullish Signal On A Weekly Close Above”
USD/JPY: Buy Strategically Into 110 & Tactically Over-115 –
USD/JPY has been trading at lower ground, but shows hesitation. What’s next? Here is their view, courtesy of eFXnews: Prime Minister Shinzo Abe appears to be preparing pro-active proposals for President Trump to boost US growth and employment. If the Trump administration delivers on its promised aggressive fiscal policy, we can expect the current account … “USD/JPY: Buy Strategically Into 110 & Tactically Over-115 –”
USD/JPY: Topped Out N-Term: Key Levels To Watch – Citi
The US dollar is struggling with the new president but this is most notable with USD/JPY. What’s next? Here is the view from Citi. Here is their view, courtesy of eFXnews: USDJPY looks like it has topped out similar to how it did after the Fed started hiking rates in 1999. We’ve also held the 76.4% Fibonacci … “USD/JPY: Topped Out N-Term: Key Levels To Watch – Citi”
NZD/USD: Trading the New Zealand Inflation Expectations
New Zealand Inflation Expectations, which is released every quarter, gauges consumer expectations of which direction inflation is headed. A reading which is higher than forecast is bullish for the New Zealand dollar. Here are all the details, and 5 possible outcomes for NZD/USD. Published on Tuesday at 2:00 GMT. Indicator Background Inflation Expectations is useful for predicting actual … “NZD/USD: Trading the New Zealand Inflation Expectations”
AUD/USD: Upside Moves Unlikely To Be Sustained; Narrow Range
The Australian dollar managed to climb and hold onto the 0.76 handle. What’s next as we await the RBA? Here is their view, courtesy of eFXnews: The broad retracement of US dollar strength in January reflecting increased protectionist steps by the Trump administration in the early stages of his presidency explains a good portion of the … “AUD/USD: Upside Moves Unlikely To Be Sustained; Narrow Range”