Special Announcement  

Michael Greenberg, FX Person of the Year

forex person of the year 2011

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

forex person of the year 2011“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

Currencies Poll  

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

USD/JPY Weekly, Monthly & Quarterly Forecast

USD/CHF Weekly, Monthly & Quarterly Forecast

European Crisis  

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.

NFP Forecast  

January report might show moderately positive data

NFP Forecast

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.

Education  

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.

Read other 1000 Pip Club articles:

Best Bet, Gold or Silver?

Us vs. THEM - The Physiological Edge

Morons Increase Margin

Boris Schlossberg − An interesting thing happened to my experimental account lately. You remember − the one I blow up every few months or so. Over the past few months that account has not just survived, but has actually thrived performing better than even some of my "real" money accounts.

Losers Add to Losers

How Much Do You Want To Make?

Webinars  

Next Webinar

Dr. S. Sivaraman
Mon, Jan 30, 05:00 GMT Register free!

Dr. S. Sivaraman - Dr. Sivaraman will review the previous day close levels and calls given in his blog and present expected trading ranges...

Real-time Economic Calendar  

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%

Weekly Markets opening LIVE

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

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