Foreign Exchange
Forex: Dollar Posts Biggest Rally in 7 Weeks, EURUSD Tips Reversal
A risk aversion shift through the end of this past week led the US Dollar to its biggest advance in seven weeks. Will this push continue through holiday trade? Dollar Posts Biggest Rally in 7 Weeks, EUR/USD Tips Reversal Japanese Yen Still Heavily Oversold and Risk Sensitive Euro Risks More Prominent than Advance Lets On [...]
Forex News: Euro Partially Erases Loses Despite Market Wide Risk Aversion
EUROPEAN SESSION UPDATE: Rehn’s comments about France help Euro rise; PM Hollande says French unemployment to grow… Following the cancellation of the US House of Representatives vote on ‘Plan B’, which would have raised taxes on some wealthy Americans, fiscal cliff worries have grown and a risk aversion can be seen across markets in today’s [...]
Forex News: Euro Erases Loses Despite Market Wide Risk Aversion
EUROPEAN SESSION UPDATE: Rehn’s comments about France help Euro rise; PM Hollande says French unemployment to grow… Following the cancellation of the US House of Representatives vote on ‘Plan B’, which would have raised taxes on some wealthy Americans, fiscal cliff worries have grown and a risk aversion can be seen across markets in today’s [...]
Forex Analysis: Dollar, Yen Aim Higher as Fiscal Cliff Fears Escalate
The safe-haven US Dollar and Japanese Yen may rise as failure to reach a deal avoiding the so-called “fiscal cliff” shatters confidence across the markets. The safe-haven US Dollar and Japanese Yen may rise as failure to reach a deal avoiding the so-called “fiscal cliff” shatters confidence across the markets. Talking Points Dollar, Yen Aim [...]
Dollar Traders Watch EUR/USD, AUD/USD After Overnight Risk Plunge
We were reminded this morning that these are not the kind of market and fundamental trading conditions that you can simply leave a risk-sensitive position unattended in. Dollar Traders Watch EUR/USD, AUD/USD After Overnight Risk Plunge Euro Takes a Hit Through Risk Channels Overnight Australian and New Zealand Dollars Dive on US Fiscal Cliff Fears [...]
Forex Analysis: Can the Dollar Capitalize as S&P 500 Spikes Lower?
The S&P 500 spiked sharply lower as US fiscal cliff jitters hit fever pitch, with downside follow-through from here offering a potent driver for Dollar gains. THE TAKEAWAY: The S&P 500 spiked sharply lower as US fiscal cliff jitters hit fever pitch, with downside follow-through from here offering a potent driver for Dollar gains. US [...]
Forex Technical Analysis- End of Year Setups Across the Majors
As we prepare to close our 2012 books, here are the key levels we are left with as we head into Holiday Trade. A wrap up of the majors and trades of interest into the New Year. EURUSD Daily Chart The EURUSD has continued to trade within the confines of an ascending channel formation dating [...]
Forex News: Euro Floats Higher on Fewer 2013 German Debt Sales
EUROPEAN SESSION UPDATE: Euro reversed all of its gains yesterday following Greek FinMin comments… The Euro has made a small 30 point rally over the first part of today’s European session. EURUSD saw a sharp 80 point reversal of all of the day’s gains in late trading yesterday, when pessimistic news about US fiscal cliff [...]
Forex Analysis: Dollar May Rise as Fiscal Cliff Fears Sink Confidence
The US Dollar looks set to rise as lingering deadlock in US “fiscal cliff” negotiations weighs on risk appetite and boosts demand for the go-to haven currency. The US Dollar looks set to rise as lingering deadlock in US “fiscal cliff” negotiations weighs on risk appetite and boosts demand for the go-to haven currency. Talking [...]
Forex: Dollar Advances as Risk Cools, Is this an AUDUSD Reversal?
Though the developments of the past weeks certainly support the running of a relief rally in speculative positioning, the climb that has ensued arguably outlived its fundamental basis long ago. Dollar Advances as Risk Cools, Is this an AUDUSD Reversal? Japanese Yen: BoJ Increases Stimulus, Market Not Impressed Euro Climb Slowing, Heavy Event Risk Ahead [...]
Forex: Dollar Volatile But Directionless Amid US Fiscal Cliff Debate
US Dollar little changed after Japanese election, US fiscal cliff negotiations drive seesaw volatility. THE TAKEAWAY: US Dollar little changed after Japanese election, US fiscal cliff negotiations drive seesaw volatility. Monday saw the US Dollar gap upward against its major counterparts as the Japanese election concluded with Shinzo Abe coming to power as expected. The [...]
Forex Analysis: US Dollar Bounces as S&P 500 Chart Points to Reversal
The US Dollar staged a recovery from support as the S&P 500 chart produced signs of coming bearish reversal, hinting the haven currency may continue higher. THE TAKEAWAY: The US Dollar staged a recovery from support as the S&P 500 chart produced signs of coming bearish reversal, hinting the haven currency may continue higher. US [...]
Forex: Euro Eyes April Highs On Greek Hopes- Pound Set For New High
The Euro extended the advance from earlier this week as amid the positive developments surrounding Greece, but the single currency looks poised for a short-term correction as the rebound from 1.2659 gets overbought. Talking Points Euro: S&P Raises Greece’s Credit Rating, ECB To Accept Greek Debt As Collateral British Pound: BoE Votes 8-1, Softens Dovish [...]
Forex: EUR/USD at May High Despite Fiscal Cliff Standoff
Falling Italian and Spanish yields have allowed the Euro to gain following a strong German economic survey for December. ASIA/EUROPE FOREX NEWS WRAP Price action in the FX market is very evidently being driven by the European currencies, with the British Pound and the Euro continuing their recent bull run against the safe havens and [...]
Forex News: Risk Appetite Sends Euro and Sterling to New Highs
EUROPEAN SESSION UPDATE: Greek 10-year bond yield sheds 64 basis points following upgrade; Sterling testing yearly high… A risk-on attitude seems to have grasped the markets over the past 24-hours and the influence can be clearly seen in currency trading, as the risk-correlated Euro and sterling set new highs. Signs of risk appetite could be [...]
Quaint notion, but the only thing i fear more than the Fed is whatever monstrocity replaces it. As for transparency, ...
All their employees getting laid off with no chance of getting called back in Middlebury Indiana sure don't see any ...
What is wrong with this picture. Everyone has a price of $14-15, but these clowns come out with $4-5. ...