August 2013

In the trading room today: USD Outlook ahead of a Crucial Trading Week. In light of the upcoming sequence of important economic data and central bank announcements that will be sure to end the summer lull in the FX market, we examine the USD outlook for what could become a pivotal trading week for the greenback and other currency majors, we list the Top 10 spotlight economic events that will move the markets in the week ahead, we examine the consensus forecasts for the upcoming economic data, we analyze the latest trend developments in the EUR/USD currency pair, we take a look at the GBP/USD pair, we keep an eye on the USD vs JPY, we highlight the market’s reaction to the Euro-zone HICP and Unemployment Rate, we discuss new forecasts from Bank of Tokyo-Mitsubishi and UBS, and prepare for the trading session ahead.


USA 

In the trading room today: Has the Period of EUR Strength Come to an End? As the EUR drops below the bottom of its weekly range and heads lower, we take a close look at the single currency and examine the factors supporting the USD that could help the greenback to end the two-month period of euro strength, we analyze the bearish breakout in the EUR/USD currency pair, we keep an eye on the GBP/USD pair, we note the strengthening of the USD vs JPY, we highlight the market’s reaction to the Japanese Retail Sales, the German Unemployment and the U.S. Pending Home Sales, we discuss new forecasts from Credit Suisse and HSBC, and prepare for the trading session ahead.

In the trading room today: Could Tomorrow Mark the Beginning of a USD Rally? With the U.S. GDP and other notable economic data scheduled for release in the trading session tomorrow, we explore the potential for these notable reports to trigger a USD rally that could extend into the new trading month of September, we analyze the weekly range in the EUR/USD currency pair, we take a look at the decline in the GBP/USD pair, we keep an eye on the USD vs JPY, we highlight the market’s reaction to the German Ifo Index and the U.S. Consumer Confidence, we discuss new forecasts from Mizuho Bank and Commerzbank, and prepare for the trading session ahead.

In the trading room today: EUR and USD New Trading Week Outlook. As we get ready for the new trading week which could become the quiet before the possible storm during the first week of September, we focus on the EUR and the USD as the currencies to watch and explore the outlook for the two FX majors, we list the Top 10 spotlight economic events that will move the markets in the week ahead, we examine the consensus forecasts for the upcoming economic data, we analyze the resilience of the EUR vs USD, we keep an eye on the GBP/USD currency pair, we take a look at the bullish breakout of the USD vs JPY, we highlight the market’s reaction to the U.K. and the German GDP, we discuss new forecasts from Credit Suisse and UBS, and prepare for the trading session ahead.

In the trading room today: Will the USD Find More Strength on Fed Taper Odds? Following the FOMC Minutes report, we examine the odds of a Fed taper announcement at the September meeting and explore the potential impact on the USD from the expectations of a reduction of the Fed’s monthly asset purchases, we analyze the latest trend developments in the EUR/USD currency pair, we take a look at the pullback in the GBP/USD pair, we note the strengthening of the USD vs JPY, we highlight the market’s reaction to the Euro-zone Manufacturing and Services PMI, and the U.S. Jobless Claims, we discuss new forecasts from Deutsche Bank and Barclays, and prepare for the trading session ahead.