Weekly

An in-depth market summary of the previous week’s foreign exchange trading movements, the weekly outlook presents the forex market moving events and data releases which impacted major currencies and commodities. Discussion of future events and indicators in the coming week which are likely to influence the foreign exchange market are discussed. The general expectation of these releases and the implications going forward are also explained in detail.

Technical analysis of the major currencies and gold at present time is also provided to highlight where the market is positioned and to assist in calculating the extent to which any move in the major currencies and gold could have upon release of future data.

Easy-Forex Weekly Outlook

April 7, 2014

General Commentary Last Week’s currency trading review: The Euro: continued to trade downwards after dovish comments from ECB Director Draghi, who took no action but talked down inflation and offered signs that the Bank could add liquidity to the market. Even after a missed f/c NFP data from last Friday,… read more

Easy-Forex Weekly Outlook

March 31, 2014

General Commentary Last Week’s currency trading review: The Euro: eased throughout the week to end at 1.3754, touched a weekly low of 1.3705 on continuous rumors of negative interest rate and stimulus from the ECB at this week’s meeting. Announcement from International Monetary Fund added pressure on the pair as… read more

Easy-Forex weekly outlook

March 26, 2014

General Commentary Last week’s currency trading review: The Dollar strength slowly picked up against most major currencies as the weather effect cooled down, improvements in data and hawkish statement from Yellen in the FOMC meeting which stated a possibility of an increase in interest rate in early 2015. The Euro… read more

USD/JPY soaring as US Data Improves

March 11, 2013

General Commentary USD/JPY soaring as US Data Improves Last week’s currency trading review USD/JPY persistently strong US data is helping the Yen pair to fresh multi year highs with February US Nonfarm payrolls beating expectations at 236k vs. 160k forecast and the Unemployment Rate dropping sharply to 7.7% vs. 7.9%… read more

NonFarm Payrolls to show US Economic Health

January 28, 2013

General Commentary Last week’s currency trading review The USD/JPY the dramatic sell off in the Japanese Yen continued last week with Japanese Officials jawboning the major from Y88 to Y91. Japanese Officials were quoted as saying Y95-100 is appropriate and that they are fighting deflation and not currency manipulating. Officials… read more

ECB Rate Decision Ahead, President Draghi’s Turn?

January 8, 2013

General Commentary Last week’s currency trading review The USD/JPY opened the week above Y88 with Yen on the backfoot with heavy interference from the newly elected Government is expected in 2013. PM Abe wants the BOJ to target 2% inflation via increased bond purchases and monetary easing. With Japan suffering… read more

Weekly Outlook – 18th December 2012

December 18, 2012

General Commentary Last week’s currency trading review The USD/JPY surged for most of the week on anticipation of new leadership at the weekends elections. The pools were correct and Abe’s LDP Coalition took a 2/3 majority and the USD/JPY gapped higher on Monday above Y84 although we have moved back… read more

Weekly Outlook – 3rd December 2012

December 3, 2012

General Commentary Last week’s currency trading review The EUR/USD remained strong last week with the finalization of the latest Greece aid tranche allowing the major to test resistance above 1.3000. EUR/JPY is providing support on dips with a long term reversal on the charts indicating large upside potential. The ECB… read more

Weekly Outlook – 12th November 2012

November 12, 2012

General Commentary Last week’s currency trading review The EUR/USD fell throughout the week as the US fiscal cliff crisis dominated the headlines and risk aversion spread throughout the markets. Greece’s fate is expected this week as the Eurogroup meeting is scheduled to discuss the troika’ report on Greece’s commitment to… read more

Weekly Outlook – 30th October 2012

October 30, 2012

General Commentary Last week’s currency trading review The EUR/USD back under 1.3000 last week with some profit taking and consolidation the main game. The 1.3100-1.2900 range has held for some time with investors buying on Spanish OMT access and selling while no formal application has been made. There is a… read more

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