U.S. Housing Market Index Releases Monday, June 16
The Housing Market Index is due out on Monday, and while it’s expected to show continued trouble in the housing sector, there may be a light at the end of the tunnel.
U.S. GDP Numbers Weighs on Dollar
The U.S. GDP report, or Beige Book, will have a significant impact on the strength of the dollar. See whether the greenback will be strengthened or weakened by the release of this report.
U.S. Trade Balance Report: Bad News is Good News?
The U.S. Trade Deficit isn’t chump change by any means… in March the deficit clocked in at $58.21 billion; amazingly though the event had some people jumping for joy.
Forex Top 3 Chart Setups: Three Currencies on Critical Weekly Trendlines
Greenback attempts to move higher against the Yen, the New Zealand Dollar attempts to enter ascending support, and the British Pound goes up against the franc.
Forex Top 3 Chart Setups: Pound, Loonie, and Aussie
The British Pound, Canadian Loonie, and Aussie Dollar are all poised for momentum. Get ready!
Forex Top 3 Chart Setups for Tuesday: Bernanke Shakes Things Up
Bernanke’s speech this morning stirred up a lot of action in the forex markets. See how the dollar reacted to his remarks about interest rates.
Forex Top 3 Chart Setups: Theme of the Day is Down
The U.S. Dollar is posting a monthly gain against the yen, but there’s room for for it to fall. The Aussie dollar is looking downward and the British Pound is as well.
Thursday’s Top 3 Forex Chart Setups
Momentum players are likely raking in the dough right now, with currency markets presenting exaggerated moves. Here you’ll find some of the most exciting events happening with Forex right now – something traders won’t want to miss.
Top Three Chart Patterns for Wednesday
German GDP and consumer confidence numbers in Europe force the euro to abandon its attempt at breaking 1.58. The New Zealand Dollar is up against the U.S. Dollar but may be gearing up for a reversal soon, and the Mexican Peso is moving higher against the dollar as well.
Here’s What Changes the Euro’s Bullish Bias
The euro slips despite seemingly good regarding GDP growth. The U.S. Housing Market Weakens, but the Manufacturing Outlook is starting to show signs of improvement.
Yen Worries, Oil Weighs on USD, Layoffs
Oil prices halve Japan’s trade surplus and continues to drag down the world economy. Saudi oil production will be raised 3.3%, but it’s likely to have little effect on the price of oil. Mass layoffs in the US affecting large and small businesses.
German PPI Rises, US Inflation Rises, EU May Start Axing Subsidies
A rise in German PPI prices sparks a rally in the Euro, the price of US core goods and finished goods goes up sparking inflation worries, and the EU may start cutting some farm subsidies.