EUR/USD
Euro May Soon Form a Near Term Bottom
December 22, 2009 · Leave a Comment
Small degree wave counts give scope to a near term US dollar top. Levels to suspect support for the EURUSD are 14120 and 14015. Continued here: Euro May Soon Form a Near Term Bottom Here’s an interesting a:1:{i:0;s:8:”TkRZMg==”;} post from DailyFX: Small degree wave counts give scope to a near term US dollar top. Levels to suspect support for the EURUSD are 14120 and 14015. More: Euro May Soon Form a Near Term Bottom Here is a new article from Continue here: Euro May Soon Form a Near Term Bottom Read More →
GBP/USD
British Pound Rises Ahead of Expected Upgrade to Third-Quarter Economic Growth
December 22, 2009 · 1 Comment
The British Pound pushed higher against the US Dollar ahead of a report that is expected to show the UK economy shrank less than was originally reported in the third quarter, but the data’s impact may prove limited unless the revision brings an upgrade of private consumption and investment. Source: British Pound Rises Ahead of Expected Upgrade to Third-Quarter Economic Growth Here’s an interesting a:1:{i:0;s:8:”TkRnMQ==”;} post from DailyFX: The British Pound pushed higher against the US Dollar ahead of a report that is expected to show the UK economy shrank less than was originally reported in the third quarter, but the data’s impact may prove limited unless the revision brings an upgrade of private consumption and investment. Read the rest of the post here: British Pound Rises... [Read the full story]
USD/JPY
Canadian Dollar and Japanese Yen Stand Out in Tuesday Trade
December 22, 2009 · Leave a Comment
The Canadian Dollar continues to outperform and the only major currency to post gains against the buck on the day. The relative outperformance has been quite interesting with today’s rally occurring well outside of the North American session. Credit: Canadian Dollar and Japanese Yen Stand Out in Tuesday Trade This is from DailyFX: The Canadian Dollar continues to outperform and the only major currency to post gains against the buck on the day. The relative outperformance has been quite interesting with today’s... [Read the full story]
GBP/JPY
British Pound Outlook Remains Bearish Ahead of Bank of England Cuts
November 28, 2008 · Leave a Comment
A steady stream of disappointing data added further gloom to British economic forecasts, and the general mood remains dour for the British Pound…. Continue here: British Pound Outlook Remains Bearish Ahead of Bank of England Cuts Read More →
AUD/USD
Overnight Interest Rate Update 11.28.08
November 27, 2008 · Leave a Comment
Current Yesterday USD 0.98750 0.98750 GBP 3.00000 2.99375 EUR 2.90375 2.90000 JPY 0.55625 0.54875 CHF 0.52500 0.50500 AUD 5.17500 5.08750 CAD 2.44167 2.25000 NZD 6.86250 6.67500 Read more: Overnight Interest Rate Update 11.28.08 Read More →
USD/CAD
USD/CAD Offers Scalping Opportunity Ahead of OPEC Meeting
December 21, 2009 · Leave a Comment
The Canadian dollar was the outperformer overnight as markets were anticipating a strong retail sales report which printed an inline 0.8% gain. Additionally, the prospect of OPEC keeping their production quotas on hold helped firm oil prices and provide “loonie” support. The USD/CAD has run into technical support which could cause traders to take a pause as they weigh the outcome of the looming event risk. Excerpt from: USD/CAD Offers Scalping Opportunity Ahead of OPEC Meeting This is from DailyFX: The Canadian... [Read the full story]
USD/CHF
USD Pauses for Breather Ahead of Weekend
December 18, 2009 · Leave a Comment
Price action has been fairly quiet in the Asian and European sessions with the market seen consolidating Thursday’s aggressive moves and content on waiting for the more active North American trade. With the exception of the Yen, all major currencies are higher thus far on the day against the buck, with the Swissie leading the way. View original post here: USD Pauses for Breather Ahead of Weekend Here’s an interesting a:1:{i:0;s:8:”TkRJeA==”;} post from DailyFX: Price action has been fairly... [Read the full story]
Federal Reserve
Dollar Depends On Fate of Fannie Mae, Freddie Mac This Week
The US dollar faces substantial event risk, but this week is a bit different from others as the release of economic indicators may prove to be rather unimportant…. Read More →
Central Banks
(BOJ) Further Enhancement of Communication Strategy
At the Monetary Policy Meeting (MPM) held today, the Bank of Japan decided to adopt following enhancements to its communication strategy under the “Framework for the Conduct... (more...)
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