Unemployment Claims

ghg.jpg

Technical Analysis Daily Majors & Minors

  • GBP/USD – The British Pound is recovering some ground against its American rival, following better than expected UK Retail Sales, up 1.6% monthly basis and to 6.4%YoY, while core readings also surged sharply. But how will this pair move in todays session?

  • USD/CAD - continues to be bullish, as it has been since this year’s July. And that has led to a formation of yet another bullish pattern—channel up. But how will this pair play out in todays session?

Quick Daily Update

  • The director of Premier Oil says no new North Sea projects are profitable with oil below $60 a barrel and the industry is "close to collapse".

  • The Swiss franc tumbled on Thursday as its central bank slapped a charge on deposits, wary of a flood of money exiting Russia and the likely pressure from the euro zone if the ECB starts full-scale money printing early next year.

  • MOSCOW - The ruble weakened against the dollar and euro on Thursday with traders saying President Vladimir Putin had so far offered no concrete measures to pull Russia out of a crisis at his end-of-year news conference.

Daily News To Watch

Thursday, 18th December 2014 Previous Forecast Actual

13:30pm USD Unemployment Claims 294K 297K

15:00pm USD Fed Manufacturing Index 40.8 26.3

Happy Trading

Featured Posts
Recent Posts
Archive
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
Search By Tags

 

The information and content held within this website has been created by Forex Masters and are for educational purposes only. Forex or stock trading has no guarantees. There are many factors including general economic conditions that can have an impact on your investment and past results are not indicative of the future. Spread betting and CFD's can put your money in jeopardy, as the financial or stock markets can move quickly and go up and down against your investment. Invest with capital which is reasonable to you as the investment may fail meaning you lose it plus have to pay additional money. Spread betting is not for everyone, so make sure you fully know the risks and get guidance from a professional trader if required.

 

Risk warning: Trading Foreign Exchange (Forex) and Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all of your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience.

 

© 2015 by FOREX MASTERS