In early 2017, President Trump made a comment that caught many by surprise. The ‘dollar was too strong’, he said. Consequently, this meant that the U.S government would no longer be in favor of the Clinton-era two-decade strong dollar policy. According to David Woo, Head of Global Rates and Foreign Exchange research at Bank of...

The post The Long term USD forecast appeared first on Forex Crunch.

Here is another test episode of  Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing period. You are welcome to listen, subscribe and  provide feedback. In today’s episode, we focus on the US, divided into 4...

The post Market Movers Podcast Test Episode #10: ECB past and appeared first on Forex Crunch.

The US will not go to war with Syria unless its allies are with them. However, the UK and France will not be heading into Syria until the UN investigations are complete and the results are given. This geopolitical event has put pressure on the dollar. However the USD had gained after sound economic data...

The post USD/JPY Looks Bearish as US Economy grows by 2.5% appeared first on Forex Crunch.

Jane Foley, Senior FX Strategist for Rabobank, joined Zak Mir and Bill Hubard on the Tip TV Finance Show to discuss why growth hasn’t recovered over 7 years after the financial crisis of 2008, as well as a deeper focus on the Federal Reserve and how we have seen a decrease in USD longs and...

The post Room for EUR/USD to head down with FX positioning at appeared first on Forex Crunch.

The US  dollar is struggling with negative data and does not really rally on positive data. What’s going on? And will this change? The team at CIBC weighs in: Here is their view, courtesy of eFXnews: Economic data has been solid over the past month and the US recovery looks like it’s back on track...

The post What’s Wrong With The US Dollar? – CIBC appeared first on Forex Crunch.

EUR/USD dropped over 500 pips from the highs seen earlier in May, and it may be far from over. The team at Goldman Sachs explains 3 phases and downside targets for the pair: Here is their view, courtesy of eFXnews: Looking at recent market developments through the lens of EUR/USD, Goldman Sachs sees three distinct...

The post EUR/USD: 3 Phases & Downside Targets – Goldman Sachs appeared first on Forex Crunch.

The gain of only 126K jobs in March is a bitter disappointment. Coupled with downwards revisions of 69K makes it worse. We are finally seeing the labor market catching up with the dismal economy. Is this enough for a change of course for the US dollar? Or just an extension of the correction? Or in...

The post Economic weakness reaches jobs, but what will you buy appeared first on Forex Crunch.

A big disappointment for the US economy: a mere 0.1% growth, significantly worse than expected.  In the first release of GDP, the US was expected to report an annual growth rate of 1.2% after a gain of 2.6% in  Q4 2013 and 4.1% in Q3 2013. The various winter storms that hit the US during...

The post US Q1 2014 GDP only +0.1% – USD lower appeared first on Forex Crunch.

Within three years the USA will have been knocked off the podium in its number one position as the world’s most economically-powerful country. China will overtake it by 2016. Come what may and however much we might think that is not going to happen, it will. It’s always a surprise that some seem to believe...

The post USA on its way to second best? appeared first on Forex Crunch.

The  Standard & Poor’s / Case  Shiller house price index showed a year over year rise of 8.1% in January. Expectations stood on a rise of 7.9% after 6.8% in December. Month over month, prices rose 0.1%. Update: US home sales disappointed, and so did consumer confidence. EUR/USD remains depressed under the 1.2880 line, awaiting...

The post US Home Prices Continue Rising in 2013 appeared first on Forex Crunch.