The Best Times to Trade the 24-hour Forex Market
Forex traders never sleep, or at least it would appear that way, with markets open 24/7. Here’s an overview of Forex hours, including the best times to trade this 24-hour market.
Euro Falling: Swiss Speech Equals Forex Volatility
Swiss National Bank Vice Chairman Philip Hildebrand could cast the first stone in a larger ECB paradigm shift.
Forex Chart Setups: Dollar Makes a Run as Oil Falls
The U.S. Dollar has started moving upward in conjunction with the fall in oil prices at the beginning of the trading day. The Swiss Franc is one currency that has really been feeling the effects of it.
Forex Top 3 Chart Setups: EUR/USD, and Everything Aussie
The EUR/USD has hit choppy waters as many know by now. But who would have thought that the Aussie Dollar could start losing ground against the greenback? Could such a move be on the horizon?
University of Michigan Consumer Sentiment Announces on Friday at 10:00 a.m. EST
The University of Michigan Consumer Sentiment is a survey designed to help illuminate the current overall feelings of the present and future state of affairs within the U.S. economy.
Existing Home Sales Report Releases Thursday at 10:00 a.m. EST.
The Home Sales report is a major indicator of not just the U.S. housing industry, but also future trends in related industries such as furnishing, construction, and others.
FOMC Meeting and Rate Decision Announces Wednesday at 2:15 p.m. EST
The FOMC rate decision will be announced during their meeting on Wednesday. It is a major determiner of the rate of inflation and the strength of the dollar. But it may not be the most important thing to come out of the meeting.
Conference Board Consumer Confidence Index Releases Today at 10:00 a.m. EST
The consumer confidence index is an indicator that typically has little impact on the financial markets. However, June’s numbers may have more impact than usual. Find out why.
Saudi Arabia Hosts Oil Meeting on June 22
Saudi Arabia will be hosting a conference with nearly every major oil producer on Sunday, primarily to explain that supply is not the only reason for price hikes in crude oil.
Conference Board Leading Indicators Releases Thursday, June 19
Conference Board Leading Indicators will be released on Wednesday, giving us a broader long-term look at the U.S. economy. This information can also be a useful predictor of hard economic times on the way, should that be the case.
ABC News Consumer Comfort Index Releases Tuesday
The ABC News Consumer Comfort index releases Tuesday, June 17 at 5:00 p.m. Eastern. See what impact it’s expected to have on the dollar’s strength.
Forex Top 3 Chart Setups: U.S. Dollar Gains Strength while the Kiwi Weakens
The Greenback is starting to make a stand once again, rallying higher against the yen. See how Switzerland and New Zealand are performing as well in today’s forex chart setups.