Forex Signals

Geneva’s Trader of the Month for July 2011 was Marek Maciejewski who doesn’t reveal too much in the interview about his trading strategy (not that he needs to).
However, from reading between the lines it seems he trades the currency market using fundamental analysis and analyses how the market reacts to news based upon the figures [...]

Article by CentralBankNews.info
The week in monetary policy saw 8 central banks announcing interest rate decisions.  Of those that changed rates were: India +50bps to 8.00%, Nigeria +75bps to 8.75%, and Colombia +25bps to 4.50%.  Meanwhile those that held monetary policy interest rates unchanged were: Israel 3.25%, Hungary 6.00%, New Zealand 2.50%, Kenya 6.25%, and the [...]

What’s on the Economic Horizon
Boehner Bill vote postponed
Canadian GDP to show 0.1% uptick for May
House prices in U.K. dipped by 0.1% this month?
U.S. Dollar (USD)
Is the U.S. dollar selloff over? The Greenback managed to score some wins against the Aussie, Loonie, and euro but lost a bit of ground against the Kiwi, Swissy, yen, and [...]

What’s on the Economic Horizon
Weekly Jobless Claims and Pending Home Sales on Tap
Will the German Jobs report Boost the euro?
Japanese CPI, Household Spending Coming Up
New Zealand Building Consents Data on Deck
U.S. Dollar (USD)
It seems like risk aversion is the only thing that can save the dollar nowadays! With the markets getting a little jittery, the [...]

What’s on the Economic Horizon
Obama frustrated with U.S. debt talks
RBNZ to keep rates on hold at 2.50%
Swiss KOF economic barometer to dip this month
U.S. Dollar (USD)
Argh! The Greenback must be getting really frustrated by the lack of progress on the U.S. debt talks because it ended up losing against its major counterparts again. USDX [...]

What’s on the Economic Horizon
U.S. CB Consumer Confidence Trending Lower?
U.K. GDP Growth To Soften To 0.2%
German Consumer Climate To Weaken in July
U.S. Dollar (USD)
Relatively quiet day in the markets, as we saw a repeat of Friday’s consolidation. EUR/USD stayed within range and closed at 1.4370, down just 14 pips for the day. However, USD/CHF shot [...]

What’s on the Economic Horizon
Australian PPI on tap today
New Zealand trade surplus to shrink?
U.K. mortgage approvals expected to rise
U.S. Dollar (USD)
Zzz… Price action on the dollar was about as exciting as watching paint dry! It seems the big moves on the dollar last Thursday had markets too exhausted to move on Friday as the dollar [...]

Article by CentralBankNews.info
The past week in monetary policy was relatively quiet, with just five central banks announcing interest rate decisions.  The only central bank to adjust rates was the Banco Central do Brasil, which increased its Selic rate by 25 basis points to 12.50%.  The other banks that held rates unchanged were: Canada at 1.00%, [...]

What’s on the Economic Horizon
Canadian CPI and Retail Sales in Focus Today
German Ifo Business Climate Survey To Fall Slightly to 113.7
Still No Solution to U.S. Debt Ceiling Woes
U.S. Dollar (USD)
Is time running out for the U.S. to pass a new debt ceiling proposal? The markets seem to think so! With debt concerns still weighing heavily [...]

What’s on the Economic Horizon
European economic summit today
U.K. retail sales set to print 0.5% rise
U.S. Philly Fed manufacturing index to jump to 2.7?

U.S. Dollar (USD)

Risk appetite be killin’ the dollar yo! The American currency dropped amid weak existing home sales data and debt ceiling talks, posting losses against ALL of its major counterparts. Is it [...]