• Uncategorized

    US Dollar Selling Streak May Pause if RNC Sparks Haven Demand

    A US Dollar selling streak may pause during the upcoming Republican National Convention in Cleveland. However, the US Dollar is not going anywhere anytime soon. This article will provide a brief explanation of the economic factors that could affect the US Dollar in the near future. Political Situation: President Obama and House Speaker John Boehner may be heading into a compromise agreement to avert a partial government shutdown. The agreement will likely include a new budget and tax plan, but it will likely be less aggressive than the one proposed by President Obama earlier this week. On the other hand, Speaker Boehner may push for more radical change such as…

  • Uncategorized

    British Pound (GBP) Latest: GBP/USD Sell-Off a Dollar Driven Event, GBP/NZD Testing 200-DMA

    The United Kingdom’s (UK) Pound Sterling (GBP) is one of the most traded currency pairs worldwide. The UK Pound Sterling is the most widely used and traded currency in the world. Latest: GBP/USD Sell-Off a Dollar Driven Event, GBP/NZD | pound} The strength of the British Pound against the US Dollar is one of the main reasons why investors are scared off of investing in this particular country. It also has an effect on the price of the other major currencies. One of the most worrying aspects of this is that the British Pound is still in a weak state and as a result it is losing value against the…

  • Uncategorized

    US Dollar Forecast: USD Price Action Rangebound Levels to Watch

    In the last few months, there has been a lot of talk about the US Dollar Forecast: USD Price Action Rangebound Levels to Watch. In fact, this is one of the most important Forex trading signals currently in use. This analysis has been developed by a number of respected Forex trading experts and it is a very good indicator of what may occur over the next several months. The US Dollar Forecast: USD Price Action Rangebound Levels to Watch is designed to provide traders with information about the range of prices that may be experienced over the next two to five years for the US Dollar. If you have a…

  • Uncategorized

    AUD Cautiously Eyes Chinese Data Ahead of Sino-US Trade Talks

    A newly released study by the American Enterprise Institute has concluded that the Obama administration’s “China Surprise” policy is an attempt to “convince” China not to continue its economic growth in order to appease American trade negotiators. But this is nothing more than a political stunt, as there are far too many benefits to the US economy to sacrifice. Furthermore, the Chinese leadership understands all too well that it needs to increase its own exports so that it can protect its domestic manufacturing industry and improve its competitiveness in the global economy. For example, the report from aud Cautiously Eyes said that the Obama administration is trying to “control China’s…

  • Uncategorized

    FTSE 100 Forecast for the Week Ahead: Key Data Due as Momentum Fades

    As a trader, your goal is to make money trading in the FTSE 100 Forecast. You may be aware that it was invented by James Gorman and is currently published by ILSG and Gann. But have you ever thought what these figures mean? James Gorman first introduced this system when he was working as a research analyst at JP Morgan. He noticed that when stocks were traded, it usually took about two days before the price started to move up or down. When he graphed the data, he saw something that would really help him decide which stock to buy and which one to sell. This was when the FTSE…

  • Uncategorized

    Euro at Risk on EU Digital Sovereignty Stance, USD Eyes Stimulus Talks

    EUR/USD is a leading indicator of the European Union’s (EU) possible demise due to political pressure from creditor nations and their possible refusal to lend additional funds. It also shows the failure of the EU to respond appropriately to the crisis by providing meaningful assistance. If EUR/USD goes below 1.40 in the next two weeks, it may be time for an early exit from the EU and a move to a different world-wide financial system. In addition, the economic outlook in Europe is poor due to the weak global economy and European Union governments are under tremendous pressure to maintain the status quo or face a possible EU exit. This…

  • Uncategorized

    Gold Prices at Risk Despite Push to 9-Month High as Earnings Loom

    Gold is a precious metal that is often associated with being safe investment. But, like any investment, there are always risks involved when you invest in the yellow metal. This is especially true when gold is viewed in relation to inflation and financial crises. Despite the push to 9-month highs, gold prices have still been volatile, even though some believe the price will rise further. The good news is that if you do not own the yellow metal, it doesn’t really matter how you are holding onto your investment. The reason why this is so important is because investors often lose money by holding onto investments for too long. Investors…