Jesse Richards introduces traders to the market profile tool and goes over the basic uses and functions to help you improve your forex trading
The forecast figure is 0.6% which is an increase from the last release of -0.2%. Read why David Goodboy thinks that this forecast is overly optimistic.
University of Michigan’s Preliminary Consumer Sentiment report will be released on Friday. Provided the domestic job situation and the current roaring bull market, how will the number fair?
The TIC is expected to be 39.2B which is up from last month’s 19.1B. It will be interesting to see how the USD reacts to a miss or hit of this number.
On Wednesday, Fed chief Ben Bernanke will testify before the Joint Economic Committee of Congress in Washington, DC. Traders would be keen to expect some chatter about interest rates and monetary policy.
The Trade balance is forecast to be negative 38.4B, down from the last release of negative 37.3B. Read David Goodboy’s take on what would happen if the release misses this estimate.
On Thursday, Fed Chief Ben Bernanke will be granting a rare evening speech at the 43rd annual Alexander Hamilton Awards Dinner in Washington DC. Traders are warn to pay particular attention to the free form question and answer session which will follow his speech.
Will the EUR/USD pairs see some serious losses in the coming months? Here are a few insights on the major forex pairs, plus some techniques and methods to trade the forex market this week from Chris Capre.
Federal Reserve Chairman Ben Bernanke will be speaking to the Regional Chamber in Dallas, Texas on Wednesday. Here’s why traders should listen very carefully to his speech for any hints regarding an interest rate increase.
On Tuesday, the Federal Open Market Committee (FOMC) releases the minutes of its last meeting. Read David Goodboy’s take to see what traders should be prepared for.