Yohay Elam Blog | Talkmarkets | Page 1
Contributor's Links: Forex Crunch

Yohay Elam has been into forex trading for over 5 years, and shares the experience and the knowledge accumulated after taking a short course about forex. Like many forex traders, Elam has earned the significant share of his knowledge the hard way. Macroeconomics, the impact of news on the ... more

All Contributions

Latest Posts
1 to 16 of 1747 Posts
1 2 3 ... 110
FOMC Minutes Leave Hike Door Open But No Smoking Gun – USD Falls
Most Fed officials saw a tightening likely appropriate “soon”. The dollar does not seem excited and even drops. EUR/USD tops 1.12, the highest levels for today.
Draghi Still Sees Inflation As Subdued – EUR/USD Slides
EUR/USD was already touching 1.12 and then it dropped to 1.1287 on Draghi’s words. Draghi said that the macroeconomic environment is improving but balanced it with more stable words: there is no reason to deviate from the current policy.
Canadian Dollar Rises On A More Optimistic BOC
The Bank of Canada left interest rates unchanged but USD/CAD is far from unchanged, falling to new lows. It seems that markets were expecting a dose of dovishness after the disappointing inflation data, but the BOC chooses the bright side.
Wrap-Up Consolidation Ahead Of The Fed Minutes
The US dollar manages to stabilize as the euro consolidates its gains. Will the Fed raise rates in June? This is an open question and the minutes could provide some answers. The loonie is on a better footing as it awaits OPEC and the pound hugs 1.30.
CAD: Busy 24 Hours With The BoC And OPEC
The BoC is likely to keep its neutral-to-dovish tone. With little change in the statement expected and the absence of a press conference, the BoC this week should be a non-event, says Barclays.
EUR: Specs Started Buying Into A Stronger EUR Outlook; What’s Next? – BTMU
In recent weeks, speculators have built up net long euro positioning for the first time in three years. In the latest reported week, the net long positions even reached their highest level since the end of October 2013.
US New Home Sales Disappoints With 569K – USD Wobbles
One month it’s up, the next it’s down. A tumble down of 11.4% in new home sales was reported for April. The figure stands at 569K, down from an upwards revised 642K in March.
EUR/USD: Rallied ‘Very Far, Very Rapidly’ – What’s Next? – Danske
Danske Bank FX Strategy Research notes that EUR/USD has moved very far, very rapidly in a very short period on the ongoing accelerated repricing of both Europe and the US.
More Reports About Trump’s Obstruction Of Justice – USD To Remain Pressured
If Trump remains embroiled in scandal, his agenda is stuck. This includes the fresh budget proposal presented while Trump is in the Middle East. So with Trump on the defensive, the US dollar is likely to remain on the defensive as well.
German IFO Business Climate Beats With 114.6 – EUR/USD Looks Strong
Businesses are confident in Europe’s largest economy. The influential IFO Business Climate beats expectations with a score of 114.6. This is accompanied with better than expected numbers in the sub-components.
Can GBP/USD Stay Up Or Has It Peaked?
NAB FX Strategy Research’s forecast profile for GBP has a peak of 1.31 in this second quarter, with a steady decline over the next 18 months reflecting the harsh realities of the Brexit negotiations.
EUR/USD Moving On Up On Its Mojo And On Merkel
When nothing happens, EUR/USD goes up. That’s what we wrote last week. Growth is faster in the eurozone than in the US. The ECB is nearing an end of QE while there are initial signs of hesitation among the ranks of the Fed.
GBP/USD Slides On Minor Worries – Buy Opportunity?
The pound is on the back foot. GBP/USD began the week with a weekend gap under 1.30. While the gap was closed relatively quickly, cable still trades on lower ground.
Oil Leaps On OPEC, Slower US Output – Will CAD Follow?
The price of crude oil has recovered since the crash under $47. And after stabilizing at around $50, the price of the black gold opened the week to the upside reaching a high of $51.20.
EUR/USD: Underlying Trend Higher But Turning Neutral S/T; Where To Target? – BTMU
BTMU FX Strategy Research notes that EUR/USD has extended its rebound against the US dollar over the past week moving back in line with levels which persisted prior to the US election.
AUD/USD: Balance Tilted To The Downside
AUD/USD is our currency of the week. The Australian dollar moved with iron ore prices, and this meant a downfall. The pair has more room to the downside, but not necessarily on commodity prices.
1 to 16 of 1747 Posts
1 2 3 ... 110