Tag Archives: FOMC

USD may rise on NFP print, expectations call for 210K jobs added

The USD is up so far today on expectations that NFPs will come in at 210K jobs added to the economy. The unemployment rate is also expected to tick down to 6.6% from 6.7%. We believe that we should see … Continue reading

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No love for the USD

The USD fell across the board yesterday and is currently on lows for the day at the start of the European trading session (7:18 GMT). The USD fell immediately after GDP data printed much lower than expected, it was able … Continue reading

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Lots of US and EZ data today… Play it safe look for trend development.

Today there will be a heavy round of event risk from Japan, Euro Zone and US. We already had the BOJ announcement which saw no change in policy, the yen is up a bit across the board going into the … Continue reading

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UK GDP Out At 8:30 GMT Charts Updated

The British Pound may find a reason to rally vs the USD on upcoming UK GDP data. If the market is pleased by the data we could see 1.70 in the near future. However some caution applied after the data … Continue reading

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US and UK GDP, FED Decision, US NFP, Gold Above $1300 On Ukraine Worries

The US Dollar may finally make a trend setting move this week and break out of the recent consolidation we have seen in April. Whether the USD rises or falls will depend on how the market reacts to the FED … Continue reading

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Increased Ukraine Tensions Could Put Pressure On Global Markets

This week, markets across the world were able to recover prior losses from the week before this last week but may find little reason to rally and break above all time highs. The Ukraine crisis does not appear to be … Continue reading

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Heads up NZD CPI in about 30 minutes 22:45 GMT

NZD CPI YoY expected at 1.7% prior 1.6% NZD CPI MoM expected at 0.5% prior 0.1% FOMC official speaking about an hour later may give insight about outlook after data earlier today, may have small affect NZD/USD. NZD/USD trading around … Continue reading

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Heads up GBP CPI in about an hour 8:30 GMT

UK CPI expected at 1.6% prior 1.7% GBP/USD falling below 1.67 prior to release.

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GBP/USD Short Trade Potential Double Top 4/13 Update

We have entered short on GBP/USD on 4/09 and are looking for continuation and a possible double top. There is a nice Doji and a confirmation candle on 4/10 which should lead to further GBP losses. The BOE is expected … Continue reading

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EUR/USD Outlook April 11th 2014 (CPI Data)

The Euro has rallied vs the USD every day this week but is expected to come under pressure amid a wave of upcoming Euro CPI data. The Euro is having trouble making a lot of headway past long term trend … Continue reading

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GBP/USD Outlook April 10th 2014 (BOE Decision)

The BOE is expected to hold rates unchanged today at 0.50% and keep the asset purchase target unchanged at 375B GBP. Any change from this would see a dramatic reaction in GBP/USD and other GBP pairs. The GBP has rallied … Continue reading

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