Michael Greenberg, FX Person of the Year
Michael Greenberg, Founder of Forex Magnates, has been named “Forex Person of the Year” 2011 by FXstreet.com. Forex Magnates is a specialized forex news source and trading research firm. 2011 has been particularly remarkable for the company, converting the site as the reference for Forex Industry news and launching the successful Quarterly Report. Read the Press Release
PORTRAIT - The discreet insider who investigates and shares the sector's secrets and news
“I don't like discussing myself much” answered Michael Greenberg when asked to tell us more about himself and his career. Or maybe not. Maybe he knows the rules better than anyone and play with them very well. Anyway, we know the essential: prior to creating Forex Magnates, Greenberg worked for an investment banking firm and a Forex software development company... Read the article
Exclusive Experts' forecasts on majors
| Pair | Average levels | ||
|---|---|---|---|
| 1 Week | 1 Month | 1 Quarter | |
| EUR/USD | 1,3217 | 1,3322 | 1,3121 |
| GBP/USD | 1,5611 | 1,5703 | 1,5593 |
| USD/JPY | 77.24 | 78.08 | 79.33 |
| USD/CHF | 0,9427 | 0,9484 | 0,9682 |
Expert's forecasts for the EURUSD show higher highs now potentially in place for next week. With GBP crawling toward the upper end of its intraweek range, the pool lacks definition for the short-term and averages 1.5611 Without showing to much price discrepancy, experts forecast a sideways week in the Swissy. Growing price instability in the yen leads analysts to point a potential recapture of the previous swing high.
EUR/USD Weekly, Monthly & Quarterly Forecast
GBP/USD Weekly, Monthly & Quarterly Forecast
Euro ends week with strong gains despite Fitch downgrade of five euro zone nations
On Friday, Fitch Ratings cut the credit ratings of five euro zone nations Belgium, Cyprus, Italy, Slovenia and Spain, while affirming Ireland's credit rating as it concluded the review of the six euro zone sovereigns it placed on Rating Watch Negative (RWN) on 16 December 2011.
January report might show moderately positive data
Recent improvement in US economic data as well as the positive numbers shown in the November and December Nonfarm Payrolls reports do not necessarily mean that the condition of the labor market is on a road of steady growth.
Chocolate Flavored Heating Oil
Jeff Langin − In this article I'm going to talk about something you've probably never heard of before. It might give you a different viewpoint on trading the Forex. The reason I'm doing this is to open the minds of Retail Forex traders in order that they can have a greater insight into something that could be the very crux of why they're struggling. I call it BAFTS.
Dr. S. Sivaraman -
Dr. Sivaraman will review the previous day close levels and calls given in his blog and present expected trading ranges...
| GMT | Vol. | Event | Actual | Con. | Prev. | |
|---|---|---|---|---|---|---|
| Jan 27 | ||||||
| 13:30 | US | 2 | Real Personal Consumption Expenditures (QoQ) | 1.1% | 2.3% | 2.1%Revised from 1.7% |
| 14:55 | US | 2 | Reuters/Michigan Consumer Sentiment Index | 75.0 | 73.9 | 69.9 |
| Jan 30 | ||||||
| n/a | DE | 3 | Consumer Price Index (YoY)Preliminar | 2.0% | 2.1% | |
| n/a | DE | 2 | Consumer Price Index (MoM)Preliminar | -0.5% | 0.7% | |
| 07:00 | DE | 2 | Retail Sales (MoM) | 0.9% | -0.9% | |
| 07:00 | DE | 2 | Retail Sales (YoY) | 0.8% | ||
| 13:30 | US | 2 | Personal Consumption Expenditures (MoM) | 0.1% | 0.0% | |
| 13:30 | US | 2 | Core Personal Consumption Expenditure - Price Index (MoM) | 0.1% | 0.1% | |
| 13:30 | US | 2 | Core Personal Consumption Expenditure - Prices Index (YoY) | 1.7% | 1.7% | |
| World Interest Rates | |||||||
|---|---|---|---|---|---|---|---|
| US: 0.25% | EMU: 1% | UK: 0.5% | JP: 0.1% | CH: 0% | CA: 1% | AU: 4.25% | NZ: 2.5% |
Valeria Bednarik's thoughts and trading ideas for the upcoming days: The Fed changed the game: can euro recovery extend? - Jan 30, 00:00 GMT
Follow us for exclusive content and promotions!
Non trending transitions to trending by Greg Michalowski
#1 Sam Seiden - Major Forex Moves for 2012 and The All Star Entry - Lesson and Application
#2 Rob Helean - Using Confirmation For Trade Entry
#3 Chris Capre - Price Action Trading: Analysis and setups on any time frame
#4 David Pegler - Getting The Day Started Right
#5 Boris Schlossberg - How to start the New Year off Right Daytrading FX
Monitor the markets with our customizable FX studies.
Live economic events calendar