Chinese and German Data Points Towards Slowdown – PaxForex

by Paxforex | January 15, 2014 1:46 pm
While many traders may be a little disconnected from reality and push equity markets higher while selected currency pairs remain stuck in their overextended trends which is a very unhealthy combination and equity traders as well as...

ADP shows 238,000 Private Sector Jobs Created – PaxForex

by Paxforex | January 8, 2014 3:50 pm
With Friday’s non-farm payroll report out of the US and the usual volatility which comes with it forex traders often try to position their portfolios ahead of the release, depending on their forex strategy as well as...

US Third-Quarter GDP Grows Faster than Expected – Paxforex

by Paxforex | December 20, 2013 7:14 pm
The US Commerce Department released its final third-quarter GDP figure which came in 0.5% higher than the previous estimate and now shows an annualized GDP growth rate of 4.1%. The data was especially well received after the...

Will the US Fed taper this month? – Paxforex

by Paxforex | December 11, 2013 12:12 pm
The US Federal Reserve will meet this month on December 17th through December 18th for their last FOMC meeting of 2013 and the last one chaired by Ben Bernanke. Plenty of traders will look forward to the...

Global Service Sector Snapshot – Paxforex

by Paxforex | December 4, 2013 6:12 pm
On Monday trader’s received plenty of report on the global manufacturing sector which overall came in much better than expected and some traders were hopefully that the more important service sector would follow suit and beat expectations...

US Budget Deficit Surprises Traders – Paxforex

by Paxforex | November 13, 2013 8:18 pm
Economists forecasted a $102.0 billion budget deficit for the month of October out of the US, but the actual budget deficit came in at a much lower than expected $91.6 billion and is far less than October’s...

NFP Report Expectations – PaxForex

by Paxforex | November 6, 2013 7:03 pm
On Friday we will get the non-farm payroll report for the month of October. Traders will anticipate this report as it will not only give an insight on the labor market, but could also provide more clarity...

Volatility Spike on Friday, November 1st – Paxforex

by Paxforex | October 30, 2013 1:37 pm
All traders should watch out for a spike in volatility across global financial markets. The spike should ignite during the Asian session, intensify at the start of the European session and get an additional boost during the...

China Worries Could Spark Volatility – Paxforex

by Paxforex | October 23, 2013 10:12 am
Worries over potential tighter policy out of China are likely to increase volatility and initiate a much needed correction in both equity markets as well as currency markets. Plenty of traders have ignored the wrath of negative...