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Most primary dealers who were polled by Reuters predicted FED would not cut its bond-buying program until March 2014 due to recent event: government shutdown caused by budget impasse, but more important, political uncertainty. This has been the major reason why US dollar has weakened against...

Again, non-farm payrolls disappointed markets, there were 148K jobs created in last month while analysts expected it to be 180K - 185K. Perhaps Euro, the Sterling, especially Swiss franc and the Yen have been the great currencies to trade against USD since then: EURUSD: 1.3674 - 1.3800: +126...

EURUSD fell to below 1.3500 after mixed ZEW and it may decline further in this week. Currently, it's trading around support 1.3490 and it would close around that level today. Looking at daily chart, RSI and Momentum suggest there is more space on downside and psychology level 1.3400 could be...

Market has been bullish Loonie since Canadian job data beat expected on last Friday, 11,900 jobs added and unemployment rate decreased by 0.2%. USDCAD fell to 1.0355 from 1.0405 and since market volatility is quite low today, USDCAD is still trading near Friday close. On daily chart, we see...

This is my opinion. We see that the US data in last Friday were mixed, Unemployment rate fall from 7.4% to 7.3% and Non-farm payrolls was worse than expected, only 169K jobs were created while analysts expected 180K - 200K. This has been raising the uncertainty about Fed could cut its massive...

08 - 07 - 2013 Analysis Market seems calm down before BoE Quarterly Inflation report and Mark Carney speaks at UK Parliament. As we can see in daily chart, GBPUSD has been locked between SSMA 70-days and SMA 100-days. A move above SSMA or be low SMA may be signal of change in global...

As we've already known, there was important event today: RBA Interest Rate decision. Interest rate decreased 0.25%, from 2.75% to 2.5%. Everything happened as many analysts expected. Since interest rate decreased, some of you might think that AUD must decline after rate cut. Well, let's watch...

Today, volatility is quite low. US ISM Non-manufacturing PMI was 56, better than expected 53, but it almost made no harm to AUDUSD as market is waiting for more important event which will be released tomorrow, RBA interest rate decision. Interest rate is expected to decrease from 2.75% to...

Employment data releases today may finally satisfy market as there are real improvements in US labour market. Though there are 162K jobs added this month and payroll is worse than expected 184K, employment rate finally decreases. Additionally, it beat expected 7.5% and declined 0.2%. Because...

Today is very exciting ! Non-farm payrolls 162K worse than expected 184K while unemployment data 7.4% beat expected 7.5%. At least this time, Non-farm payrolls could be the winner as market is bearish USD. GDPUSD changes +0.79%, EURUSD changes +0.37% and USDJPY -0.20% But how about...