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Economic News

‘Enormous increase’ in global inequality: OECD

Posted by on Oct 1, 2014

The sharp rise in global income inequality is one of the most worrying developments of the past 200 years the OECD said on Thursday.

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News Analysis

Gold, Global Growth, & The Schism In The High Church Of Bernanke

Posted by on Oct 1, 2014

Submitted by Ben Hunt via Salient Partners' Epsilon Theory blog,   Everything under the sun is in chaos. The situation is excellent.– Mao Zedong (1893 – 1976)...

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Fundamental Analysis

US ISM Manufacturing Index Fell in September; Construction Spending Declined in August

Posted by on Oct 1, 2014

Activity in the US manufacturing sector continued to expand solidly in September 2014, although the pace of growth slowed from the previous month as the ISM manufacturing index...

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Technical Analysis

Technical Update – Important EUR Pairs

Posted by on Oct 1, 2014

On Tuesday, the pair dropped to a fresh 2-year low, nearly testing an important support near 0.7760-50 area marked by lows formed in July 2012. Also on 4-hourly the pair seems to...

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Recent Posts

VW to add China capacity amid growth expectations

VW to add China capacity amid growth expectations

Apr 20, 2014

Volkswagen will keep adding capacity in China as the German group is counting on double-digit growth in the biggest auto market.

Puerto Rico finance agent taps Cleary Gottlieb

Puerto Rico's finance arm has hired lawyers at Cleary Gottlieb, The Wall Street Journal reported Monday.

The courage to stay on a swing. Long USDCHF

The courage to stay on a swing.  Long USDCHF

Apr 7, 2014

4/1/2014 Update: That was a fun run but I had to exit this swing. It didn’t break like I had hoped. Now it’s time to sit back and wait for this move to finish then try again. You win some and you lose some! Hello again everyone! It’s been a while since I’ve written an article but I got inspired a bit tonight so I’m back with the goal of doing this...

Scouting out the next move for USD. Watching USDCAD.

Scouting out the next move for USD.  Watching USDCAD.

Jun 2, 2013

  It’s been 40 days since I posted my last blog entry.    Since then I have had two really nice swings.  The GBPUSD played out picture perfect for me and I took a nice profit.  I also got in on the majority of the AUDUSD short over the past month.  The US Dollar has had a great run but it’s at a level where I want to start preparing for the next move.  I...

UvaKail123’s first blog. Swinging, USDX and the GBPUSD.

UvaKail123’s first blog.  Swinging, USDX and the GBPUSD.

Apr 23, 2013

First of all I’d like to say it’s a pleasure to be blogging for IRCForex.com.  I have been a member of the IrcForex community for a several years now and it has without a doubt accelerated my learning curve as a trader.  If you are a trader looking for an active group of forex traders to bounce ideas off of and learn from please don’t hesitate to join us.  We...