Forex Signals

What’s on the Economic Horizon
FOMC Meeting Minutes on the Clock
Canadian Current Account Figures on Tap
U.K. Net Lending to Individuals Seen at 1.1 Billion GBP
U.S. Dollar (USD)
Kaboom! With risk appetite picking up to start the week, the dollar found itself sinking against higher yielding currencies. EUR/USD finally broke above the 1.4500 handle, while AUD/USD rose nearly [...]

What’s on the Economic Horizon
ADP Employment Change on Deck
Australian Retail Sales Expected to Have Turned Positive in August
U.S. Dollar (USD)
Dollar trading was as varied as the colors of the rainbow yesterday due to the mixed results of economic data released. While the dollar posted huge gains over the euro and the pound, it fell against [...]

What’s on the Economic Horizon
U.S. pending home sales to post 0.8% dip for July
ECB President Trichet set to testify today
New Zealand building consents data on tap
U.S. Dollar (USD)
Way to drop the ball! On its big day, the dollar was a big disappointment as it lost massive pips against its major counterparts in light of weaker-than-expected [...]

The past week in monetary policy saw 8 central banks reviewing interest rates and monetary policy settings.  Just one bank adjusted its main interest rate, with Thailand adding  +25bps to 3.50%.  Meanwhile the other central banks held interest rates unchanged: Turkey 5.75%, Hungary 6.00%, Namibia 6.00%, Egypt 8.25%, Sierra Leone 23.00%, Denmark 1.55%, and Mexico [...]

What’s on the Economic Horizon
Jackson Hole Symposium in Focus
U.K. Revised GDP Figures on Deck
Swiss KOF Economic Barometer Expected to Fall to 1.84 from 2.04
U.S. Dollar (USD)
With the moment of truth for the U.S. only hours away, it looks like traders are placing their bets on the scrilla. The dollar gained against most of its high-yielding [...]

What’s on the Economic Horizon
Jackson Hole symposium set to start
Swiss employment expected to stay flat
GFK German consumer climate – downside surprise?
RBA Glenn Stevens scheduled to speak
U.S. Dollar (USD)
Aaand the dollar strikes back! With a better-than-expected showing from durable goods orders, the American currency was able to end the day higher against all of its major [...]

What’s on the Economic Horizon
U.K. Nationwide Consumer Confidence Clocking in Before Midnight
U.S. Durable Goods Report: Dollar Bullish or Bearish?
German IFO Business Climate Survey On Tap
U.S. Dollar (USD)
“Down, down in an earlier round, and dollar we’re going down swingin’!” The Greenback lost to almost all of its counterparts yesterday as the market grooved to the talks [...]

What’s on the Economic Horizon
New Zealand Inflation Expectations on Deck
U.S. New Home Sales Up Slightly
German and Euro Zone ZEW Reports on Tap
U.S. Dollar (USD)
Yeeesh. With no market moving events coming out, trading was as quiet as a Mr. Bean episode, as most pairs stayed within range. EUR/USD traded within a range of just 89 pips, [...]

What’s on the Economic Horizon
Another G7 yen intervention in the works?
U.S. mortgage delinquencies report due
U.S. Dollar (USD)
You win some, you lose some. After getting a strong boost from risk aversion, the Greenback had a mixed performance against its major counterparts on Friday. The U.S. dollar consolidated against the Aussie, Loonie, and yen while it managed [...]

What’s on the Economic Horizon
U.K. Public Sector Net Borrowing Anticipated to Drop to 0.4B
Canadian Core CPI Seen at 0.2%
U.S. Dollar (USD)
Ain’t no thang but a chicken wing! With risk aversion taking over the markets, investors bought up the dollar like good ol’ Wingstop wings! EUR/USD closed almost 100 pips lower to finish at 1.4336. Meanwhile, [...]