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 2077 Posts
1 2 3 ... 130
USD/JPY Is Looking For A Direction
Dollar/yen initially had a positive start to the week as tensions around North Korea eased and the greenback attempted to make a comeback.
USD/JPY Pressured On Barcelona Terror, Trump Trouble
The deadly attacks have had a dampening effect on markets. The bad mood pushed flows into the safety of the yen. Stocks are down. USD/JPY is trading around 109.23, drifting lower. Support is around 108.80, followed by 108.10.
EUR/USD Stuck In Range – 1.20 Or 1.1475? 3 Opinions
EUR/USD is getting comfortable around 1.17-1.1750. Where next?
The ECB Doesn’t Like The Strong Euro – EUR/USD Stays Low
The improving economic conditions in the euro-zone are a blessing, but they have a side effect: a stronger currency. The weaker rate helped boost exports and inflation, and the ECB doesn’t like the recent strengthening.
UK Retail Sales Slightly Beat Expectations – GBP Rises
UK retail sales advanced by 0.3%, but with a downwards revision for the previous month. Year over year, the rise is 1.3%, slightly below 1.4% expected.
3 Reasons Why The Dollar Is Down
The US dollar lost the ground it fought to gain and is in retreat across the board. Here are three reasons for the fall including FOMC and economic data influences.
AUD/USD Advanced On Jobs, Fed Minutes – 0.80 In Play?
The Australian dollar is on a recovery path. After dropping under the important support line of 0.7835, the pair is making its way back up.
Euro-zone Q2 GDP Confirmed At 0.6% Q/Q, Up To 2.2% Y/Y
While quarter over quarter GDP remains unchanged at 0.6% according to the updated numbers, the year over year figure is revised up to 2.2% y/y. EUR/USD is marginally higher, trading around 10 pips higher, and well within the recent trading ranges.
UK Wages Jump To 2.1% – GBP Follows, Challenging 1.29
All the figures beat on the UK jobs report: wages are up to 2.1% y/y in both headline salaries and wages excluding bonuses.
USD: Restrained S/T Before A Modest Recovery M/T; Key Levels For EUR/USD – Citi
Citi Research argues that in the short term, the USD will likely remain restrained on a combination of a broadening economic expansion to Europe, EM and Japan and disappointment about policy action from the new US Administration may restrain USD.
USD Longs Begin Looking Good Ahead Of The Fed Minutes
After the excellent retail sales report, the next test for the US dollar is the release of the meeting minutes from the Federal Reserve. What can we expect?
EUR/USD Dips Under 1.17 On Excellent US Retail Sales News
When a top-tier indicator beats expectations and all the revisions are also in the black, the currency reacts. US retail sales beat expectations on all the different headline and core measures in July, while June’s numbers were revised higher.
US Retail Sales Beat Expectations – USD Follows
US retail sales finally shine: headline sales are up 0.6% in July, on top of a significant upwards revision for June: 0.3% against 0.2% originally reported.
CAD At Crossroads: Where Next?
Citi Research expects the CAD to stay supported in the short term on the ground that BoC is likely to follow its rate hike in July with another hike in October.
UK Inflation Stuck At 2.6% – GBP Falls
Inflation in the UK is not going anywhere fast: headline CPI stands at 2.6% once again with a monthly drop of 0.1%, also worse than expected.
USD/JPY Rises On North Korea Calm, US Infrastructure Hope
The dollar/yen pair is enjoying significant gains for the second day in a row. The summer lull must have skipped the pair, which already trades at 110.30, up some 70 pips on the day.
1 to 16 of 2077 Posts
1 2 3 ... 130