USD Weekly Outlook Based on Fundamentals: This Week's 5 Keys
We take our cues on risk sentiment this week from our first look at third quarter earnings as well as the picture around consumer spending and confidence. Better earnings and data showing consumers were more willing to spend in September would he
4 Crummy Fundy Releases from Switzerland Herald Softer CHF
It has not been a good batch of data from the Swiss economy last week and to start this week. As a result the Swiss Franc should be pressured from a fundamental standpoint, especially against other safe havens like the USD and JPY. Let's review t
Gold Binary Options Weekly Setup October 3–7 2011
This week, the first in October 2011 brings us amazing trading opportunities. Although gold prices have been mostly on the rise in the last few months, there is no certainty for October.This week there are 8 major market events that can produ
EUR Softens Overnight, CPI Jumps to 3%, German Retail Sales
The euro weakened overnight, as we continue to have concerns about the European sovereign debt situation, and the fact that even with the changes agreed to on July 21 in the EFSF there will not be enough to stem the crisis. Yesterday we did have
USDJPY Weekly – Is There Yen Intervention On The Way?
Not surprising, all of the market’s attention has been on Europe and the US this past week. Traders are wary of a European financial collapse, while others are looking at the ineffectiveness of US monetary policy. But, now, some of this attenti
This Week’s US Macro Reports Key to FOMC’s Decision On QE
While attention continues to remain on Europe fundamental data from the US this week will be important as well. We will get fresh data on manufacturing, consumer spending and confidence, and inflation. Bringing the three of these together should
USDCNY: Will Chinese Data Show Slowdown Risk?
Market traders won’t only be looking to the US economy and President Obama’s speech today. With plenty of Chinese economic data scheduled as well, there will be a lot of attention on the Asian markets. The only question is whether or not these
The Truth Behind The Bank Of Canada’s Decision
Interest rate speculation has supported the Canadian dollar against the greenback in the last several months. Global investors and traders looking for higher Canadian interest rates were betting that the Bank of Canada would react to beginning o
Dejected U.K. Retailers See Declining Sales, Dubious Outlook
The Confederation of British Industry released their Distributive Trades Survey earlier today, which showed that sales on High Street fell last month at the fastest pace in better than a year. Retail sectors hit the hardest were hardware and hous
Canada Posts Strong Headline Retail Sales Reading, EUR/CAD
Thanks to a pickup in new and used car sales, overall Canadian retail sales for June rose 0.7%, a result that was better than expected, and is the strongest retail performance in seven months. Overall this is a good report for the Canadian econo
What’s Happening With Currencies – August 18th
Reversing yesterday’s major currency gains, the US dollar roared back to overcome the Euro and British pound – but remained subdued against the Japanese yen and Swiss franc. With global growth fears still abound, traders are continuing to deleve
Retails Sales Slow in U.K. as Consumers Exercise Caution
In the United Kingdom, retail sales fell below analysts’ expectations, it was reported today, attributed primarily to strained household budgets and cautious, worried consumers. According to the Office of National Statistics, retail sales, exclud


