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Last week there were no dramatic changes as there were no losses or profits identified. However the reversal movement in the downward channels guiding New Zealand Dollar and the Pound looked like...
Yet another very quick week in the economy, the week was not that bad for continuous high dollar rate. Dollar is steady after better-than-expected Durable Goods, New Home Sales and Chicago PMI...
After two week's of the EURUSD’s Speculative Sentiment Index holding below parity, retail traders once again find themselves net long euros. This rebound in positioning comes in conjunction with...
The USD has advanced across the board but there is no evidence that the greenback is at the forefront of a larger bullish move. Support in the EURUSD is in the 1.5570/1.56 zone. Expectations are...
On Wednesday, US economic data is expected to continue to deteriorate, as durable goods orders for the month of April are forecasted to fall 1.5 percent. Although, the headline number is expected to...
Forex Video by John Kicklighter, Currency Analyst Euro Zone PMI figures counter 1Q GDP, show slowest rate of growth in five years. No revision to headline UK growth figures, yet consumer...
Forex Video by John Kicklighter, Currency Analyst Kiwi dollar surges on expectations income tax cut will defer RBNZ rate cuts, but can it really stoke consumer spending? Discretionary...
Forex Video by Terri Belkas, Currency Analyst New Zealand services PMI fell below 50 to signal contraction - will the RBNZ cut rates before year-end? EUR/USD tumbled as US leading indicators...
While speculating on the AUD resistance at 0.9500, ForexCult noted that "the more often a resistance tested, the likelier it is to break down." We mentioned that it would be for the best going...
May 20 2008, 20:00 - 0 Comments
110. USDJPY and USDCAD that may be boosting next week
Forex Video by John Kicklighter, Currency Analyst Questionable US housing data overshadowed by a 28-year low in consumer confidence. First quarter Japanese growth stronger than expected, can...
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