The CPI is the most widely used measure of inflation and is sometimes viewed as an indicator of the effectiveness of government economic policy. It provides information about price changes in the nation’s economy charged to government,...
Geo-Political events can have a notable effect on the FX market. The other fundamental announcements that we have discussed previously could all fall under the heading of “scheduled events”. Each of them has a date on the...
Every trader knows (or should know) the impact of economic numbers on the market. Economists gather and announce their estimates on what the numbers should be to the press. If the estimates are in-line with the actual...
In this lesson we will go over the various types of charts that are available to traders to conduct technical analysis of a currency pair.
Update Time: 18 Feb 2010 23:51GMT INTRA-DAY GBP/USD OUTLOOK – +1.5440+ Cable has tumbled in tandem with euro due todlr’s broad-based rally after Fed’s surprise 0.25%discount rate hike n expect 1.5535 (prev. low) tocap recovery, bring further...
Market Review – 18/02/2010 22:52GMT Dollar rallies as Fed raises discount rate The dollar surged against its counterparts as the Federal Reserve increased the discount rate for banks for the first time in 3 years to 0.75...
USD/JPY Open 91.07 High 91.38 Low 90.16 Close 91.24Dollar/Yen made a significant rise on Thursday from 90.16 to 91.38, breaking the upper limit of the downward channel, formed on the 3 hour chart, and closing the day...
ForexPros Daily Analysis February 18, 2010 Fundamental Analysis: US CPI (MoM) Traders of the US look forward to the publication of the Consumer Price Index (CPI). The index measures the changes in the price of goods and...
Market Notes: The BOJ meeting has left the interest rates unchanged at 0.1%. The economic recovery estimation has left unchanged and is expected to remain moderate until mid-2010/11.
Past events: • GBP Claimant Count Change out at 23.5K versus expected -14.6K, previous -9.6K• USD Building Permits out at 0.62M versus expected 0.63M, prior 0.65M• JPY Overnight Call Rate out at 0.1% versus expected 0.1%, prior...
