Category: Forex Fundamental Analysis

Forex Weekly Outlook October 19-23

The US dollar showed weakness against most currencies as the data proved weak. Is this a change of direction? Mark Carney’s and Janet Yellen’s speeches, US Building Permits, and rate decisions in Canada and the Eurozone stand out. These are the major events on forex calendar. Here is an outlook of the top events for […]

GBP/USD: Trading the British Manufacturing Production

British Manufacturing Production, a key indicator, provides analysts and traders with a snapshot of the health of the UK manufacturing sector. A reading which is higher than the market forecast is bullish for the pound. Indicator Background British Manufacturing Production indicator measures the changes in output produced by manufacturers and in the turning of inventory. […]

Forex Weekly Outlook October 5-9

The US dollar retreated on poor data. It’s down but not out. US ISM Non-Manufacturing PMI, Trade Balance, Mario Draghi’s speech, rate decision in Japan, Australia and the UK and the important FOMC Meeting Minutes are the main events on Forex calendar. Here is an outlook on the market movers for this week. The U.S. […]

NFP Could Put Pressure on Other Central Banks Before Fed

U.S. economic strength is a boon for the dollar, and evidence of weakness may not prove much of an obstacle. The rally in the greenback is set to stay on course in either scenario, say strategists at Credit Suisse Group AG. The dollar has gained against major peers since Sept. 17, when the Federal Reserve […]

EUR/USD: Trading the US Non-Farm Payrolls

US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Indicator Background Job creation is one of the […]

Forex Weekly Outlook June 1-5

The US dollar had the final word in a turbulent and volatile week. G7 Meetings, a rate decision in New Zealand, employment data in Australia, as well as US retail sales, PPI and Consumer Sentiment stand out. These are the highlight events for this week. Join us as we explore the main market movers. US […]

Forex Weekly Outlook May 25-29

The US dollar made a comeback and the greenback was a big loser in a week that saw trends change. And now, US Durable Goods Orders, Consumer Confidence as well as UK, Canadian and US GDP data stand out. These are the highlight events in Forex calendar. Here is an outlook on the main market-movers […]