Forex: Commodities back off on Greek woes
May 16th, 2012 | By adminFXstreet.com (Buenos Aires) – Within a strong risk averted environment, both gold and oil fell…
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FXstreet.com (Buenos Aires) – Within a strong risk averted environment, both gold and oil fell…
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FXstreet.com (Barcelona) – EMU’s trade balance showed a strong unadjusted trade surplus widening…
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On Tuesday, the EUR/USD cross rate enjoyed a temporary break on the recent sell-off as growth in…
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Several words about the EUR/USD future. Resistance (daily close) : 1.3182, 1.3364, 1.3590 and…
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The Bank of England’s quarter inflation report certainly highlights the biggest event risk for the British Pound, and the central bank’s updated forecast may spark a bullish reaction in the GBPUSD should the group see a greater risk for inflation.
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Market sentiment weakened further on Tuesday as Greece failed to form a coalition government, and the shift away from risk-taking behavior may gather pace during the North American trade as the ongoing turmoil in Europe drags on investor confidence.
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All market speculators share the same goal, which is to enjoy consistent low risk profits. To…
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FXstreet.com (Barcelona) – The greenback tumbled against the Swiss franc during the early hours of…
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Inflation in the world’s largest economy is expected to expand at the slowest pace since February 2011 and easing price pressures could drag on the U.S. dollar as it fuels speculation for additional monetary easing.
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Further progress towards deleveraging risky positions, rising volatility as the trend takes traction and a growing strain of the very framework of global financial markets is suiting the dollar well.
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FXstreet.com (San Francisco) – The AUD/USD cracked parity in overnight trading, dipping to a fresh…
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The US Dollar hit a two-month high as Greek leaders’ failure to form a government stoked haven demand. A Eurozone finance ministers’ meeting is up ahead.
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Fears of a Greek exit are running rampant today, fueled by uncertainty over the political outlook that could result in anti-bailout parties coming to power after the next round of elections. Periphery bond yields have soared as contagion has set it, sending the Euro to its lowest level against the US Dollar since January 18.
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Whilst the single currency has certainly suffered so far this month, by all accounts it’s not yet…
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FXstreet.com (Barcelona) – Swiss Producer and Import Prices decreased 0.1% in April, in comparison…
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USD/CAD: Daily Here’s a clean range setup on USD/CAD’s daily chart. Unless you haven’t been reading…
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GBPUSD: 1.6066 Short-Term Trend: weak uptrend Outlook: As you know last week I prefered to take…
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For a long time now we have strongly supported the long GBP / CHF trade, which seems to be very…
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S&P500 may reach another low, if we consider that recent bounce is very slow and not impulsive….
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Chart in Focus: Daily EURUSD The EURUSD inside bar setup that we discussed in yesterday’s…
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The dollar has made remarkable progress over the past week and a half. The progress the currency has made against its high-yield Australian and New Zealand counterparts as well as the seven day decline for EURUSD (the longest run since September 2009) speak for themselves.
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Dollar Index Technical Update The dollar index hit the highest level seen since March…
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After the latest developments, news and contra-news flooding the market, FXstreet.com has decided…
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A correction for an over-extended risk selloff naturally translated into a pullback for the safe haven greenback this past session. That said, the bounce in optimism did little to shake fear of a larger wave of deleveraging heading our way.
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The dollar had a superb week, riding on European fears to reach levels last seen in mid-March. Will…
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