Forex Signals

What’s on the Economic Horizon
Market Focus Turns to FOMC
ECB: Greek Restructuring Worse than Lehman Collapse
U.K. GDP Expected to Turn to Positive Again
United States
The Greenback found itself in a world of hurt yesterday as traders dumped it in favor of other major currencies. EUR/USD, for instance, had rallied to a new year-to-date high at 1.4658 before [...]

What’s on the Economic Horizon
U.S. Consumers Feeling More Confident?
Switzerland: Trade Balance and UBS Indicator Due
United States
As most markets were coming back from the holidays, so did the dollar selling that took place last week, with the other safe havens benefitting the most! After hitting a high at 82.43, USD/JPY dropped a solid 74 pips to [...]

What’s on the Economic Horizon
U.S. New Home Sales higher at 280,000 in March?
Japan All Industries Activity report came in at 0.4%.
United States
I hope y’all had a cup of joe while trading last Friday, ’cause price action was a real snoozer! The dollar’s movements were quite limited as many of our fellow traders were out on [...]

What’s on the Economic Horizon
Australia’s PPI Rises to 1.2% in the Fourth Quarter
Franc hits fresh highs against the Greenback
UK Retail Sales report on tap
United States
Not since my last Call of Duty session with Pipcrawler have I seen such a brutal beating! The dollar was the biggest loser yesterday, taking hits across the board as risk [...]

What’s on the Economic Horizon
Existing Home Sales Expected to Hit 5.02 Million
German PPI to Rise by 0.8%
MPC Meeting Minutes on Tap
United States
When there’s a will, there’s a way! After two days of getting pummeled, the dollar bears decided they have had enough of the bulls’ shenanigans and sprang into action. The bears sold the dollar [...]

What’s on the Economic Horizon
Will PMI reports provide the euro support?
U.S. housing reports on deck!
Canada’s CPI seen higher at 0.7%!
United States
Whoohoo! The dollar must have felt so fly during yesterday’s trading like Kanye West in his grand Coachella entrance. Almost as soon as it opened at 1.4412, EUR/USD tumbled down the charts and ended the [...]

What’s on the Economic Horizon
CAD foreign securities purchases on tap
USD bearishness weakens
U.K. hard-hitters due this week
United States
After selling off in the last couple of weeks, it seems the dollar has finally said “Enough is enough!” The dollar bearishness appears to have eased as it was able to chalk up minor gains against most of its [...]

What’s on the Economic Horizon
EZ CPI report to hint more rate hikes?
TIC report for February on deck!
U.S. consumer sentiment improved in April?
United States
Just when you thought the Greenback has brought sexy back, dovish comments and worse-than-expected data come up and turn off traders. It lost to almost all of its major counterparts, giving up 50 [...]

What’s on the Economic Horizon
U.S. PPI and Weekly Jobless Claims On Tap
G7 Meetings Begin Today
United States
It was a mixed day for the dollar, which advanced against the euro but failed to do so versus the pound. EUR/USD dropped 33 pips to close at 1.4444, while GBP/USD stayed within a tight range of less than 70 [...]

What’s on the Economic Horizon
U.S. March Retail Sales Report to Print 0.6% Increase
U.K. Unemployment Rate Still at 8.0%?
Euro Zone Industrial Production Report Due Today
United States
The Greenback’s performance was as mixed as a bag of nuts as it ended higher against the Loonie, Aussie, and pound but was outpaced by the rest of the major currencies. [...]