#Forex #traders have high hopes for Friday's #non-farm #employment data to show the possibility of Fed rate hike. But can we judge on it by only one economic #indicator? Especially if it is not so reliable. Find out more by checking out the Source Link...
Current trend Yesterday, the American currency gained back some of its losses even amid the publication on not so much favorable US macroeconomic statistics. It happened partly due to the highly anticipated ECB meeting...
Softer commodity prices, hampering trade and a turmoil in global equities make it likely the European Central Bank president Mario Draghi will lower the bank’s quarterly inflation forecasts at his press conference later in the day...
The #Market is frozen prior to the main event of the day – the press conference of Mario Draghi after the #ECB meeting. Analysts recommend to wait for his comments before opening #trading positions as they may determine directions for #EURUSD, as well as for #Gold...
Stay informed of the key economic events Thursday, September 3rd AUD/USD continued its decline falling as low as 0.6992 this morning. Australian retail sales data showed contraction in retail sales in July, while trade balance deficit narrowed more than expected...
2015-09-04 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Non-Farm Payrolls] past data is 215K forecast data is 220K actual data is n/a If actual > forecast = good for currency (for USD in our case...
Investing.com - Gold prices dipped in Asia on Thursday with investors squarely focused on U.S. jobs data at the end of the week. On the Comex division of the New York Mercantile Exchange, gold for December delivery fell 0.09% to $1,132.60 a troy ounce. Silver for December delivery eased 0...
Today many countries will publish important statistics that could affect #currencies in #Forex. The ECB's rate decision and the press conference of Mario Draghi will attract much attention. Later some important #indices will be published in the #USA. Find out more by checking out the Source Link...
BNP Paribas made the forecast for NFP to be more than 220K on Friday: "Our economists expect an above-consensus 230K increase in jobs and a steady unemployment rate of 5.3...
Level 3 set up of fibo, moving averages and zz indicated a possibility of eurusd price reversing up to go towards 1.162. The eurusd price was near the opening price of the month, week and the day. Also there was a low ZZ in H1 and smaller time frames...
Level 3 set up of fibo, moving averages and zz indicated a possibility of gold price reversing up to go towards 1168. The gold price was below the opening price of the month, week and the day. Also there was a low ZZ in H1 and smaller time frames...
GBPJPY: GBPJPY turned higher on Wednesday taking back some its losses and opening the door for more strength. On the downside, support comes in at the 183.00 level where a violation will aim at the 182.00 level. A break below here will target the 181.00 level followed by the 180.00 level...
Keith Fitz-Gerald, chief investment strategist for moneymorning.com shares his views on gold and a possible Fed rate hike...
Hey, what's that sound? It's markets going down! This time, Max Keiser and Stacy Herbert couldn't help paying attention to the volatility going on in the financial markets...
The Australian, Canadian and New Zealand Dollarsrose in the midst of an expansive based danger appetiterecovery in overnight exchange...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, and USD/CAD. EUR/USD: The market seems rangy and uncertain at the moment, but the ECB meeting on Thursday and US jobless figures on Friday may provide some clarity...
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US factory orders edge up 0.4 percent in July as business investment shows strength WASHINGTON (AP) -- Orders to U.S. factories posted a modest gain in July, helped by the biggest rise in motor vehicles orders in a year and a solid gain in a category that tracks business investment plans...
EUR / JPY: Lower tops and lower ends of the 4 hours, which means that the trend is descending. On the Daily chart, the price is trading below the diagonal support, registering lower bottom with a tick, which can still be support...
GOLD: GOLD looks to has capped its recovery strength at 1,147.87 level following the formation of a rejection candle on Tuesday. This price action suggests bear pressure could be developing. On the downside, support comes in at the 1,120.00 level where a break will aim at the 1,110.00 level...
