Forex Signals

What’s on the Economic Horizon
German reports on the docket
Canadian GDP expected to increase by 0.2%
U.S. to publish consumer confidence data
U.S. Dollar (USD)
After weeks of trying, the dollar was finally able to bring sexy back yesterday! For the first time in weeks, the dollar was able to take away solid pips from its higher-yielding counterparts. While [...]

What’s on the Economic Horizon
Initial Jobless Claims to Fall to 373K
U.K. Construction PMI on Deck
U.S. Dollar (USD)
The combination of worse-than-expected economic data from the U.S., rumors that the Greek swap deal happening, and the solid results of the German and Portuguese bond auctions sparked a wide-reaching case of risk appetite yesterday. As a result, the [...]

What’s on the Economic Horizon
China’s services PMI prints at 52.9 vs. 56.0
U.S. NFP on tap at 1:30 pm GMT, expected to print at 145K
U.S. Dollar (USD)
The dollar’s price action was as mixed as a bag of beans yesterday as traders look forward to the big NFP numbers coming up in a few hours. EUR/USD ended [...]

What’s on the Economic Horizon
U.S. Manufacturing And Jobs Reports On Tap
Will SNB Intervene As EUR/CHF Nears 1.2000?
Canada’s GDP for December Disappoints
U.S. Dollar (USD)
The dollar’s scorecard was as mixed as a bag of M&M’s in yesterday’s trading. While it was able to rally against the euro, snatching a 50-pip win as EUR/USD closed at 1.3080, it [...]

The EUR/USD has a number of hurdles to overcome before a ceiling it established. I am looking for a ceiling – for now – since the market trend has transitioned into a sideways range. IT IS early in the transition but a “V” bottom is unlikely here with the underlying fundamental picture and the 1.3050 [...]

I recorded this video series in small chunks (back on January 25) so each topic could be covered in about five minutes although on the last one I lost track of time so it runs just under ten minutes.
(And this is a great follow-up to my last update here at Baby Pips, “The EUR/USD Enters [...]

What’s on the Economic Horizon
U.S. Q4 2011 GDP Disappoints Forecasts
BOJ To Intervene Soon?
Greek Debt Deal Expected To Be Announced During The EU Summit
U.S. Dollar (USD)
And just when investors were starting to get over the Fed’s dovish FOMC statement, negative data from the U.S. were released and reminded markets that QE3 is indeed a real possibility. [...]

What’s on the Economic Horizon
Australia’s PPI prints at 0.3% for 4Q 2011
Euro zone consumer consumer confidence report on tap
Canada leading index due today
U.S. Dollar (USD)
The dollar’s price action was as mixed as a bag of beans last Friday as traders remained cautious on what the euro zone officials are planning for the days ahead. GBP/USD [...]

What’s on the Economic Horizon
KOF Economic Barometer on Tap
U.S. 2011 4Q GDP Projected at 3.0%
U.S. Dollar (USD)
Could the dollar’s suffering be coming to an end soon? While most of the major currencies posted new high versus the greenback, most of them gave back their gains by the end of the day, and in EUR/USD’s [...]

What’s on the Economic Horizon
U.S. to print more tier 1 reports
U.K. CBI realized sales data on tap
Japan CPI to stay in the red?
U.S. Dollar (USD)
We didn’t get mixed results this time around! Practically everyone was anti-dollar yesterday! The Fed’s decision to keep monetary policy highly accommodating led to big gains in equities, commodities, and high-yielding [...]