Quantitative Easing is bad for currencies, right? By definition, QE is a policy that seeks to stimulate the economy by increasing the monetary base, or supply of money, in an economy, and as we all know from Economics 101, a greater supply of a currency lowers it value...
EURUSD The indicator of OsMA,marking the tendencies of decline of activity of bovine side, gives founding to the preference of planning of positions oflateral correction for trade operations to date...
Another day, another decade high in the dollar. It's business as usual for the world's reserve currency today, led by dollar strength against the Japanese yen and commodity dollars...
Over the last week or so the Australian dollar made numerous attempts at the resistance level at 0.82 only to be sent back often before finally finishing last week moving through this key level. In doing so it was able to reach a one month high near 0...
The indicator of OsMA, marking the tendency ofstrengthening of activity of bovine side, gives founding to thepreference of planning of long positions for trade operationssimilarly and to date...
THE EURO closed lower on Tuesday. Today's midrange close sets the stage for a steady to steady opening when Wednesday's night session begins trading. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible nearterm...
NZD/CAD: Long The current pull back in the pair offers a good opportunity to step in. For that reason positions have been opened for this pair based on the analysis described in my article Weekly Review Strategy Wk03...
The US dollar is gaining ground on Tuesday as investors are betting on safer assets such as the Greenback and the Gold. The USD is the top performer among majors, including a maximum of six years against its Canadian counterpart...
NZD/USD is currently trading at 0.7630 with a high of 0.7681 and a low of 0.7622 and is down 0.57% on the day. NZD/USD has dropped on the back of the CPI results. These came in below the consensus for 4Q, with the actual printing -0.2% vs 0% expected, while the YoY read came in at 0.8% vs 0...
The selling interest is picking up pace around the EUR at the end of the session on Tuesday, sending EUR/USD to 2-day lows around 1.1540. EUR/USD remains fragile The earlier bull attempt beyond 1...
The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index...
2015-01-20 02:00 GMT (or 04:00 MQ MT5 time) | [CNY - Retail Sales] past data is 11.7% forecast data is 11.7% actual data is 11.9% according to the latest press release if actual > forecast (or actual data) = good for currency (for CNY in our case...
Markets are still very slow across the board because of the holiday yesterday in the US. However, this may change today as normal volumes should be back. Based on USD view, we still see currency trading higher with more gains in view if stocks will continue up...
US DOLLAR TECHNICAL ANALYSIS Prices are struggling with downside follow-through having topped as expected. A daily close below the 14.6% Fibonacci retracementat 11599 exposes the 23.6% level at 11527...
The better tone around the greenback is relegating EUR/USD to test the lower end fo the intraday range in the 1.1580/70 band. EUR/USD weaker despite China Chinese data surprised investors to the upside in early trade, although the risk sentiment remained eclipsed by a renewed wave of USD strength...
It’s been a rather lackluster start to what promises to be an action-packed week for traders. The only economic reports of note were Eurozone current account data from November (worse than expected at a €18...
The Aussie erased previous gains and fell against the US counterpart, as weaker commodities prices offset bullish Chinese data. Currently, the AUD/USD traded lower by -0.51% at 0.8169 levels, having clocked day’s high at 0.8213 levels post the release of China GDP numbers...
As reality sinks in amid the market’s growing realization that the astonishing move from the Swiss National Bank (SNB) to remove the minimum exchange rate had far more to do with the ever-increasing chances of the Euro decline persisting, – and the possible eventuality of safe-haven flows returni...
This survey with a sample of 176 was conducted over the past few days with a fairly even composition of clients." "Our survey found that almost 70% of investors expect ECB Sovereign QE in January. A smaller group expects it later or additional waves of Sovereign QE...
The Wilshire 5000 Total Market Index, or more simply the Wilshire 5000, is a market-capitalization-weighted index of the market value of all stocks actively traded in the United States. As of September 30, 2014 the index contained only 3,698 components...