posted by
forexpromos
22 days ago
in USD, Special, Employment
April Non Farm Data showed a drop in hiring quashing any hopes of an economic recovery. The unemployment rate fell to 8.1% in April pulling US stocks lower.
posted by
EJSuratos
23 days ago
in EUR, JPY, Special
With the ECB rate statement just around the corner, will the head and shoulders neckline hold on EUR/JPY? Read my two cents on this potential trade setup!
posted by
forexalliancecom
23 days ago
in EUR, Fundamental, Special
Even after finding support at the 1.3100 exchange rate, the Euro remains lower against yesterday’s close – currently trading at 1.3151. Buyers in the single currency against the US dollar are thin in rank following two major events this morning.
posted by
EJSuratos
25 days ago
in EUR, Special, Employment
¡Ay, caramba! With Spain falling into recession, talks of it needing a bailout have gotten louder. Some analysts can't help but compare it to how Ireland had been before it got bailed out. Let's look at the facts, shall we?
posted by
forexpromos
25 days ago
in USD, Special, Manufacturing
Latest ISM Manufacturing data showed an increase in the acitivity for April indicating the manufacturing sector growing for the 33rd month in a row.
posted by
forexalliancecom
25 days ago
in AUD, Fundamental, Special
Diving from 1.0412 just prior to the announcement, the Australian dollar declined to a session low of 1.0305 against the US dollar after Australia’s central bank released its aggressive rate cut decision.
posted by
forexpromos
26 days ago
in AUD, Special, Inflation
Reserve Bank of Australia decided earlier today to slash the interest to 3.75%, a cut of over 50 basis points in the backdrop of a slow Australian economy.
posted by
eToro
26 days ago
in Fundamental, Special, Gold
Not too long ago, Gold prices had surged higher, heading up towards $1,930, with seemingly no end in sight, and investors and analysts alike fully expected that a $2,000 record was in the bag. It didn’t quite work out that way, as the shiny stuff
posted by
forexalliancecom
30 days ago
in EUR, Fundamental, Special
For the second time this year, global credit agency Standard and Poor’s has cut Spain’s sovereign credit rating. Although widely expected, the timing of the announcement took traders a bit by surprise with many expecting a release later rather t
posted by
forexalliancecom
30 days ago
in EUR, Technical, Special
The Euro has continued to climb moderately against the US dollar, with the single currency now trading above 1.3200 psychological support. However, any further momentum looks to be in jeopardy as the price action has now formed a nascent rising
posted by
EJSuratos
30 days ago
in JPY, AUD, Special
Thanks to my man Big Pippin's Daily Chart Art, I finally have a trade setup for this week! Take a look at this simple technical setup on AUD/JPY!