US Core Retail Sales | July 15, 2014 | Forex News Trading

US Core Retail Sales is probably going to be a non-event unless we get our tradable deviation.  With the Fed policy set in place, market has already priced in a strong recovery, therefore unless we get a real surprise, USD will probably just follow the overall market trend today… Here´s the forecast: 8:30am (NY Time) […]

US Prelim GDP q/q | May 29, 2014 | Forex Trading

US Prelim GDP release is the second release for the 1st quarter of 2014, which has been a disappointment so far, and if we were to get an even worse release today, market could sell USD and BUY JPY as the JPY has been rather firm lately…  Of course, if we were to get a positive […]

Daily Forex Market Review 05/22/14 (+52.5 pips)

Today’s Trade Result: +52.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

US Core Retail Sales | May 13, 2014 | Forex News Trading

US Core Retail Sales is probably the main focus of the week, especially considering that the Fed is watching all data points across the board; a stronger release should add momentum to USD. Here´s the forecast: 8:30am (NY Time) US ACore Retail Sales Forecast 0.6% Previous 0.7% DEVIATION: 0.5% (BUY USD 1.1% / SELL USD […]

US Advanced GDP (Q1) |April 30, 2014 | Currency News Trading

Because this is the first quarterly release for the first quarter of 2014, we are likely to see plenty of market reactions. One thing to remember is that since the figure is expected at 1.2%, which is still stronger than most other developed economies, a bit of wait-and-see may be the right approach here, as […]

Daily Forex Market Review 04/14/14 (+90 pips)

Today’s Trade Result: +90 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

US Core Retail Sales | April 14, 2014 | Forex News Trading

US Core Retail Sales will provide a much needed catalyst for the USD if we get a strong surprise today, especially considering the Fed’s stance on “qualitative guidance”, market should react accordingly. Here´s the forecast: 8:30am (NY Time) US Core Retail Sales Forecast 0.5% Previous 0.3% DEVIATION: 0.5% (BUY USD 1.0% / SELL USD 0.0%) […]

USD/JPY, Tokyo stocks tumble after BOJ’s Kuroda hawkish remarks

(Reuters) – Japan’s central bank governor, Haruhiko Kuroda, gave the yen its biggest boost in over seven months and sent Tokyo stocks tumbling with hawkish comments this week, but his aim was more to jolt market psychology than to signal a change in policy…

Daily Forex Market Review 04/02/14 (+45 pips)

Today’s Trade Result: +45 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Are JPY Carry Trades Still Viable?

Ever since Japanese PM Shinzo Abe won the snap election back in December 2012, the JPY has weakened sharply and steadily; however, the pace of JPY weakness as of late has become less intense, but looking at the COT (Commitment Of Traders) Report on March 4, 2014, there is still a 5:1 ratio (20K Long […]

Risk Aversion Looms As Chinese Data Disappoints

Risk aversion kicked into full force at the start of the week as data out of China shockingly disappointed the global market.  Global stock indices were down across the board, and at the time of writing this article, DJIA is down by over 100 points while S&P500 is down 10 points.  Let’s take a closer […]

US Core Retail Sales | March 13, 2014 | Forex News Trading

US Core Retail Sales is probably the main focus of the week although at this stage economic data such as the Retail Sales has very little effect on the trend of the USD, especially considering that the Feds have pretty much decided on the tapering plan for the rest of 2014. Here´s the forecast: 8:30am […]

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