Submitted May 8, 2015|From marketpulse.com

The Eurogroup meeting this Monday has been actively preempted by comments to lower expectations. Eurogroup Chief Jeroen Dijsselbloem has said that there won’t be a deal on the 11 of May, but that he is happy with the progress made of late. Greek ...

Submitted May 6, 2015|From marketpulse.com|4 comments

The UK election looks to be the closest fought in decades as Labour tries to wrestle back power from a Conservative government that in its five years in power has struggled to win over the electorate. The coalition government, comprising the ...

Submitted May 4, 2015|From marketpulse.com

Traders will be zeroed in on the Reserve Bank of Australia (RBA) when it announces its interest rate decision on May 5 at 12:30 a.m. EDT. The RBA has faced a constant battle to depreciate the AUD in order to remain competitive in global exports. ...

Submitted Apr 20, 2015|From marketpulse.com

China, Greece and the price of oil have been the three most discussed events this week in the forex market. The People’s Bank of China (PBOC) announced a cut in the reserve ratio for Chinese financial institutions, which boosted global stock markets ...

Submitted Apr 17, 2015|From marketpulse.com

The advance release of the Chinese purchasing manager’s index (PMI) dissapointed last month as it dipped into a 11 month low with a reading of 49.2. The factory sector is struggling to gain traction and get back above 50 which would signal ...

Submitted Apr 10, 2015|From marketpulse.com|2 comments

The Bank of Canada Governor Stephen Poloz has called the effect of lower oil prices “atrocious” to the Canadian economy. On Friday the employment figures were positive with a 28,700 jobs added to the economy and the unemployment rate avoided inching ...

Submitted Apr 10, 2015|From marketpulse.com

The U.S. Retail Sales remains one of the thorns in the side of full economic growth. With an impressive job recovery and the lower price of oil putting more income into consumer’s pocket it has been an unexpected surprise that they are not spending. ...

Submitted Mar 27, 2015|From marketpulse.com|1 comment

The USD was able to bounce back toward the end of the week and ahead of a crucial set of data releases. EUR/USD is trading at 1.0876 close to the price levels of the start the week (1.0809) after hitting and failing to stay at 1.10. European ...

Submitted Mar 7, 2015|From marketpulse.com|5 comments

Eurogroup Meetings on Monday, March 9 Greek Finance Minister Yanis Varoufakis will present six reform proposal to the Eurogroup on Monday. Details on the proposals are scarce and some apparently could be implemented immediately which raises the ...

Submitted Feb 5, 2015|From marketpulse.com|4 comments

The USD continues to come under fire from slower growth concerns after a month of disappointing data. Even the last nonfarm payrolls (NFP) report that beat expectations did not help the dollar as the wage growth component showed a contraction of ...

Submitted Jan 30, 2015|From marketpulse.com|4 comments

The GDP numbers out of the United States disappointed by missing the 2014 fourth quarter forecast. In the quarter the U.S. economy expanded at a rate of 2.6 percent, this is lower than the anticipated 3.0 percent. Taken out of context it looks like ...

Submitted Jan 21, 2015|From marketpulse.com|2 comments

The European Central Bank (ECB) is expected to launch its quantitative easing (QE) program this week. While investors have priced in this monetary policy move, lots of questions remain concerning the details of that program. Will German opposition ...

Submitted Jan 16, 2015|From marketpulse.com|3 comments

The events of this week will continue to resonate through the markets for months. The unexpected and hard to justify decision from the Swiss National Bank left the market scrambling for answers. Uncertainty drove volatility and investors flocked to ...

Submitted Jan 8, 2015|From marketpulse.com|4 comments

Global economic indicators have not improved in 2015 so far. The sluggish growth in China and looming deflation in Europe continue to pressure global markets. Terror alerts are on the rise after high profile attacks around the world. The U.S. dollar ...

Submitted Dec 30, 2014|From marketpulse.com

The euro lost 9.65% of its value versus the U.S. dollar in 2014. The American economy’s growing momentum coupled with the growth-sapping effect of European deflation has driven the EUR/USD to a two-year low (1.2260). To find a lower quote, we need ...

Submitted Dec 29, 2014|From marketpulse.com

The U.S. dollar climbed against every major currency this year on the strength of the U.S. economy; a sharp contrast to the struggles of Europe and Japan. The U.S. Federal Reserve transitioned leadership and is on the cusp of changing from an ...

Submitted Dec 23, 2014|From marketpulse.com

Shinzo Abe will end the year with a mixed scorecard. Japan’s prime minister has delivered in terms of weakening the yen as he did in 2013 through the launch of Abenomics. But his struggle to build momentum for his nation’s export-based economy ...

Submitted Dec 15, 2014|From marketpulse.com

The AUD/USD has been on the back foot since September of 2014. The ever-present threat of the U.S. Federal Reserve raising rates and eroding the interest rate differential that boosts the appetite for the Aussie continues to march on. The Australian ...

Submitted Dec 4, 2014|From marketpulse.com

The eventful first week of December will close when the U.S. nonfarm payrolls (NFP) report will be published on Friday morning. The USD has been gaining against all major pairs as U.S. data has been positive while there are growing concerns about ...

Submitted Nov 19, 2014|From marketpulse.com

The EUR’s downward slide has come to a halt. Strong ZEW consumer-confidence numbers out of Germany, and positive European Central Bank (ECB) rhetoric, boosted the single currency versus the USD. The preliminary purchasing managers’ index (PMI) data ...