Forex Signals

What’s on the Economic Horizon
U.S. Retail Sales Figures on Tap
Swiss PPI Due Today
Spanish Debt Sales Results Available During London Session
U.S. Dollar (USD)
Winner winner, chicken dinner! The dollar hit a few blackjacks last Friday, as it blew past the euro and the pound. EUR/USD dropped 112 pips to finish at 1.3076, while GBP/USD closed at 1.5845, [...]

What’s on the Economic Horizon
U.K. producer price figures on tap
U.S. headline and core CPI to show 0.2% uptick?
U.S. Dollar (USD)
Why is there a huge letter “L” on the Greenback’s forehead? Oh, that’s right, the U.S. currency was such a big loser yesterday! Risk appetite reigned supreme and pushed higher-yielding currencies up against its safe-haven counterparts. [...]

What’s on the Economic Horizon
Better than expected jobs data from Australia
Canadian trade balance due today
U.S. producer prices up by 0.3% in March?
U.S. Dollar (USD)
The scrilla was generally weaker across the board, as risk appetite support a mini rally in higher yielding currencies. EUR/USD finished at 1.3106, 25 pips above its opening price, while GBP/USD managed [...]

What’s on the Economic Horizon
Bank of Japan monthly report on the docket
Canadian housing starts to print at 201,000
Beige Book and Fed budget balance due today
U.S. Dollar (USD)
Go dollar go! With risk aversion spurring demand for the dollar, the safe haven currency had an easy time on the charts. It strengthened against all of its major [...]

What’s on the Economic Horizon
No Changes from BOJ?
EZ Sentix Investor Confidence Index on Tap
U.S. Dollar (USD)
Without any market-moving event from the U.S., the dollar continued to groove to the disappointing March NFP report which was released last Friday. It scored losses against most of its major counterparts except for the yen and Swiss franc. The [...]

What’s on the Economic Horizon
BOC Business Outlook Survey on the docket
U.K. RICS house price balance expected to show 12% decline
Ben Bernanke to deliver another speech
U.S. Dollar (USD)
Sellers were in full control of the dollar last Friday as lower-than-expected non-farm payrolls killed demand for the currency and left it at the bottom of the dog pile. [...]

What’s on the Economic Horizon
U.K. services PMI to tick lower
Euro zone rate decision set to rock the markets
U.S. ISM non-manufacturing PMI on deck
U.S. Dollar (USD)
The Greenback showed the other currencies who’s boss yesterday after the FOMC minutes boosted appetite for the dollar. EUR/USD dropped by 96 pips to 1.3232, while USD/JPY rocketed 76 pips to [...]

What’s on the Economic Horizon
U.S. Factory Orders to Have Risen 1.5%
U.K. Construction PMI to Drop to 53.6
RBA Widely Expected to Keep Rates Unchanged at 4.25%
U.S. Dollar (USD)
The Greenback’s performance yesterday was as mixed as a bag of nuts. Even though it posted some gains versus the euro, it lost ground to the yen. Meanwhile, against [...]

What’s on the Economic Horizon
Chinese manufacturing better than expected at 53.1
Swiss retail sales due today
U.S. ISM manufacturing PMI to improve in March?
U.S. Dollar (USD)
Time’s up for the first quarter, folks! Looking at the scorecards would reveal that the Greenback ended lower than most of its major counterparts, except for the Japanese yen. Would the Greenback [...]

FX Currency Correlations 29th April
It will come as no surprise that the US dollar is the weakest currency among the majors this past week.  The dollar has had a rough ride of late and the trend has continued.
Forex market currency correlation data for this week shows the Swiss Franc riding high and the dollar dropping [...]