Goldman Sachs: The employment components of various manufacturing surveys have been weak (Dallas Fed manufacturing survey, Chicago PMI & the ISM services report) Mining sector job losses may persist and continue to be a drag GS say that the consensus forecast has overestimated jobs growth in...
Dollar rally The dollar rally has run out of momentum and the large movement we have seen in Pound, Euro, Aussie seems to be over for now. There is a short squeeze going on in the Euro pairs and the single currency seem to be resilient to further down turn...
"With unwavering consistency, the consensus continues to look for the CHF to weaken against the EUR, and with unwavering consistency, they are likely to be wrong again." "The specious logic of the bears is appealing...
"Fake it till you make it" - this is how the old saying goes. This time, Max Keiser and Stacy Herbert discuss the economies faking it for so long that they forgot how to make it...
According to Bloomberg: Economists forecast that the economy added 226,000 jobs in May, down from 223,000 in April, and unemployment rate is expected to stay unchanged at 5.4...
Although some reports on the U.S. economy suggest it is ready for normalizing monetary policy, Marc Faber, editor and publisher of the Gloom, Boom & Doom Report, said Thursday to CNBC that the Fed will have to launch another round of quantitative easing...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 4th EUR/USD surged on Mario Draghi’s yesterday’s press conference speech that indicated upbeat expectations on Europe’s economy in 2015. Earlier on Wednesday, ECB kept its benchmark interest rate at 0.05...
The Euro rebounded against the US Dollar as expected having produced a bullish Morning Star candlestick pattern. A daily close above the 50% Fibonacci expansion at 1.1320 exposes the 61.8% level at 1.1439. Alternatively, a turn below the 38.2% Fib at 1.1202 opens the door for a challenge of the 1...
Analysts at Goldman Sachs are telling clients to look for the Federal Reserve to raise interest rates above the current level of 0% in mid-September. However, in an email authored by Chief Economist Jan Hatzius, this forecast for rising interest rates to begin in September remains “a close call...
At present time USDCHF near to our advanced realforexsignals BUY Stop Line 0.93451 So we expect here perfect buy Trend.So at this place we can conform once again our sell entry point using the above realforexsignals strong indicator...
CHF/JPY: Long Little changes compared to yesterday. Position has been opened on May 6. The pair was low in the ranking list for about 2 weeks until last week and is now back high in the Top 10 with a rank of 2. The CHF has a currency score of 8 and the JPY a score of 1 most of the time lately...
Let's make a simple and quick introduction to one of the most interesting fields today - Data Mining. There is a wide range of Data Mining applications. We should integrate Data Mining in our FX trading. FX, FOREX or the Foreign Exchange FX is the biggest market in terms of daily traded volume...
Well there was a big melange of information in the last 24 hours which has put the FletcherGoldman signal under pressure. The jump in the EURUSD is the key driver for the momentum halt. The EUR experienced its strongest 24 hour rally this year, and the move was driven by a number of factors: 1...
The euro rises followed volatile session when the single currency climbed more than 2 per cent against the dollar which was one of its biggest daily rises in more than three years...
Daily price for this pair was on bear market rally since the beginning of last week: price crossed Senkou Span B line and came to the Ichimoku cloud for ranging. For now - D1 price crossed 'reversal' Senkou Span A line and came to the primary bullish zone on close daily bar with 2...
2015-06-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance] past data is -51.4B forecast data is -43.9B actual data is -40.9B according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
Europe's political leaders, central bankers and Greek politicians agree on only one thing: if Greece goes down, they don't want their fingerprints on the murder weapon. Athens ran out of cash a long time ago and is technically bankrupt in all but name...
At present time USDJPY near to our advanced realforexsignals BUY l Stop Line 124.4731 .So we expect here perfect BUY Trend.So at this place we can conform once again our sell entry point using the above realforexsignals strong indicator...
At present time AUDUSD near to our advanced realforexsignals Sell Stop Line 0.77444.So we expect here perfect SELL Trend.So at this place we can conform once again our sell entry point using the above realforexsignals strong indicator...