Forex Factory

Output prices in the Eurozone's industrial sector continued their monthly climb in July, though by slightly less than expected, with energy once again leading the charge, Eurostat reported on Thursday. On the month, the producer price index (PPI) increased 0.2%, just short of analysts' expectati...

Better industrial data out of China and the surprising ISM print in the US has every, already confused trader, becoming ‘more lost’ in whatever convictions they have left. At least we have the NFP crap-shoot still to come, that is bound to surprise. We may give up all we have gained in a heart beat...

FOREX Daily Outlook Wednesday-Midday Thursday GMT: Clear bias to risk fx, most currencies performing as per their place on the risk spectrum with a few exceptions. JPY, USD, GBP weakest in that order, the EUR is gaining on the CAD due to supportive Chinese remarks and the NZD and AUD strongest in...

Growth in the country's construction sector slowed markedly in August, a survey of purchasing managers showed on Thursday, led by a loss of momentum in residential construction. The Markit/Chartered Institute of Purchasing and Supply construction PMI slipped to 52.1 in August from 54.1 in July. T...

The European Central Bank is expected to extend its liquidity safety-net on Thursday, delaying its exit from crisis support as policymakers confront a lopsided euro zone recovery and vulnerable banks in perimeter countries. All 78 economists in a Reuters poll predicted the ECB would leave rates a...

EUR/USD made a sharp move up and settled in a new region, within the uptrend channel. Will it stick to the channel until the Non-Farm Payrolls? Here is a quick update on fundamentals, technicals and community trends.

The number of contracts to buy U.S. previously owned homes probably fell for a third straight month in July, signaling housing will be depressed for the rest of the year. The index of pending home resales fell 1 percent from the prior month, figures from the National Association of Realtors will ...

The Swiss economy powered ahead in the second quarter, boosted by solid growth in company investments in a fast recovery from the economic crisis that might persuade the central bank to adopt a more hawkish stance. Gross domestic product grew 0.9 percent from the previous quarter in real terms,...

Swiss retail sales grew by a real 0.7% in July from the prior month, reversing a 0.1% fall in June, the Federal Statistical Office said Thursday. In nominal terms, sales recorded 0.6% monthly growth compared to a fall of 0.7% in June. Excluding fuel, the retail sector showed a seasonally adjuste...

The strong close in the September E-mini S&P 500 has put this market in a position to rally further with a cluster of Gann angles and a .618 retracement level the next potential upside target.

The strong rallies in the Euro and the three major risk-linked currencies finished sharply higher and near their highs while showing no signs of a letup into the close. Whether it was short-covering or fresh buying, investors celebrated good global economic news by driving the U.S. Dollar lower and...

GBP/USD - 1.5438.. Although sterling tanked across the board in European morning due to weaker-than-expected UK manufacturing PMI, active short-covering lifted the pound to as high as 1.5492 in NY b4 buying dried up, pushing cable back to 1.5437. Sterling has drifted lower in tandem with euro in...

The Swedish economy is continuing to show strong growth. Inflationary pressures are currently low, but are expected to increase as economic activity strengthens. The repo rate needs to be raised gradually towards more normal levels to attain the inflation target of 2 per cent and create the right...

The Support and Resistance PowerZones are focused on one thing…Confluence. In the same way that a rope is made up of multiple strands for strength; the Pivotfarm Confluence PowerZones are made up of the confluence of multiple Support and Resistance methodologies including:

CANBERRA--Australian independent lawmaker Andrew Wilkie on Thursday said he will back the center-left Labor party into office, in a move that delivers momentum to Prime Minister Julia Gillard's bid to form a minority Labor government after an inconclusive national election result.