Articles by Yohay Elam

EUR/USD has been pressured to the downside, mostly due to the dollar’s strength. What’s next? The team at Bank of America Merrill Lynch examines the technical charts. Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch FX…

The post EUR/USD: October’s Right Shoulder Breakdown Targets 1.1320; Staying Short – BofAML appeared first on Forex news forex trade.

The post EUR/USD: October’s Right Shoulder Breakdown Targets 1.1320; Staying Short – BofAML appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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The US dollar was mixed across the board despite big events in markets. Will this continue? The upcoming week features events from all over the world.  Here are the highlights for the upcoming week. Jay Powell has been nominated to be the next Chair of…

The post Forex Weekly Outlook – Nov. 6-10 2017 appeared first on Forex news forex trade.

The post Forex Weekly Outlook – Nov. 6-10 2017 appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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The US dollar initially fell on the disappointing Non-Farm Payrolls. The miss on the headline and more importantly the poor wages data sent the dollar lower. Yet the greenback gradually recovered and pared the losses. It then got another boost from gen…

The post US dollar bounces back on strong ISM services – updates appeared first on Forex news forex trade.

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Jerome (Jay) Powell has been nominated by President Donald Trump as Fed Chair and will replace current Fed Chair Janet Yellen in February 2018. The official announcement came after a reality show style nomination process. This was fully priced in and t…

The post Jay Powell officially nominated to Fed Chair by Trump appeared first on Forex news forex trade.

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The FOMC left the interest rate unchanged in its November meeting as widely expected. The Fed will not release new forecasts nor hold a press conference. The team led by Chair Janet Yellen is quite positive about the economy: they see it as growing at …

The post Fed leaves rates unchanged – live coverage appeared first on Forex news forex trade.

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Dollar/yen is moving higher, trading close to the cycle highs. Can it make the break? Here is the view from SocGen: Here is their view, courtesy of eFXnews: Societe Generale Cross Asset Strategy Research discusses USD/JPY outlook, noticing that real yi…

The post USD/JPY: Will It Break Free? What’s The Trade? – SocGen appeared first on Forex news forex trade.

The post USD/JPY: Will It Break Free? What’s The Trade? – SocGen appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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The Bank of England is set to raise the interest rate on November 2nd, 2017, more than 10 years and 4 months after the previous hike. The move was well-telegraphed by the BOE since their previous meeting in October. In addition, recent economic figures…

The post BOE hike preview: buy the rumor, sell the fact? appeared first on Forex news – Binary options.

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The Fed meeting in November was never expected to provide ground-breaking news. The FOMC does not make statements without an accompanying press conference and the dot plot, even though they insist that every meeting is a live one. However, this meeting…

The post Fed: 4 reasons to cement the hike, one reason to send the dollar down appeared first on Forex news forex trade.

The post Fed: 4 reasons to cement the hike, one reason to send the dollar down appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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The euro-zone was expected to report stable inflation figures: 1.5% y/y on the headline and 1.1% on core CPI, a repeat of the data released for September. The initial GDP read for Q3 carried expectations for a growth rate of 0.5% q/q, slightly slower t…

The post Euro zone GDP beats with 0.6%, but inflation slips to 1.4% appeared first on Forex news forex trade.

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EUR/USD is trading around 1.1640 after bouncing off the lows of 1.1575. The pair has licked its wounds related to the Draghi’s open door for further bond buying beyond September 2018. It is not spooked by Halloween. Support awaits at the 2016 hig…

The post EUR/USD not spooked amid French GDP, Catalan news appeared first on Forex news forex trade.

The post EUR/USD not spooked amid French GDP, Catalan news appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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