Forex Market News

Forex: Commodities back off on Greek woes

May 16th, 2012 | By admin

FXstreet.com (Buenos Aires) – Within a strong risk averted environment, both gold and oil fell…

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European markets mixed on news, Gold and Oil at new lows

May 16th, 2012 | By admin

FXstreet.com (Barcelona) – EMU’s trade balance showed a strong unadjusted trade surplus widening…

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The calendar of eco data is only moderately interesting

May 16th, 2012 | By admin

On Tuesday, the EUR/USD cross rate enjoyed a temporary break on the recent sell-off as growth in…

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Daily Forex and Dow Jones Recommended Levels

May 15th, 2012 | By admin

Several words about the EUR/USD future. Resistance (daily close) : 1.3182, 1.3364, 1.3590 and…

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GBPUSD: Trading the Bank of England Inflation Report

May 15th, 2012 | By admin

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.
DailyFX – Daily Briefings



EUR Tumbles As Greece Fails To Form Government, GBP To Resume Rally

May 15th, 2012 | By admin

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.

DailyFX – Daily Briefings



A Key Odds Enhancer, Often Overlooked

May 15th, 2012 | By admin

All market speculators share the same goal, which is to enjoy consistent low risk profits. To…

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Forex: USD/CHF retreats 0.25%

May 15th, 2012 | By admin

FXstreet.com (Barcelona) – The greenback tumbled against the Swiss franc during the early hours of…

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EURUSD: Trading the U.S. Consumer Price Report

May 15th, 2012 | By admin

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.
DailyFX – Daily Briefings



Dollar Closes at a Two Month High, Critical Bull Trend Within Reach

May 14th, 2012 | By admin

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.

DailyFX – Daily Briefings



Forex: AUD/USD slightly bid ahead of RBA

May 14th, 2012 | By admin

FXstreet.com (San Francisco) – The AUD/USD cracked parity in overnight trading, dipping to a fresh…

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Dollar Aims Higher on Greece Jitters, Eurogroup Meeting on Tap Ahead

May 14th, 2012 | By admin

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.

DailyFX – Daily Briefings



EURUSD Drops to Lowest Level Since Mid-January as Yields Spike

May 14th, 2012 | By admin

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.

DailyFX
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Finding the inflexion point

May 14th, 2012 | By admin

Whilst the single currency has certainly suffered so far this month, by all accounts it’s not yet…

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Switzerland: Producer and Import prices fall in April against expectations

May 14th, 2012 | By admin

FXstreet.com (Barcelona) – Swiss Producer and Import Prices decreased 0.1% in April, in comparison…

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Daily Chart Art – May 14, 2012

May 13th, 2012 | By admin

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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GBP/USD…1.6066…Weak Uptrend

May 13th, 2012 | By admin

GBPUSD: 1.6066 Short-Term Trend: weak uptrend Outlook: As you know last week I prefered to take…

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A good reason to bet on Gbp/Chf

May 13th, 2012 | By admin

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 Now Headed To 1330; Then Watch Out For A Bullish Reversal!

May 13th, 2012 | By admin

S&P500 may reach another low, if we consider that recent bounce is very slow and not impulsive….

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EURUSD Inside Bar Setup Update

May 13th, 2012 | By admin

Chart in Focus: Daily EURUSD The EURUSD inside bar setup that we discussed in yesterday’s…

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Dollar Extends its Longest Advance Against Euro Since Sept 2009

May 12th, 2012 | By admin

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.

DailyFX – Daily Briefings



Dollar Index Technical Update 12/5/2012

May 12th, 2012 | By admin

Dollar Index Technical Update The dollar index hit the highest level seen since March…

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Europe: Where the Wild Things Are – Press Round

May 12th, 2012 | By admin

After the latest developments, news and contra-news flooding the market, FXstreet.com has decided…

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Dollar Recovers Thursday’s Losses, Bull Trend Volatility Dependent

May 12th, 2012 | By admin

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.

DailyFX – Daily Briefings



Forex Weekly Outlook May 14-18

May 12th, 2012 | By admin

The dollar had a superb week, riding on European fears to reach levels last seen in mid-March. Will…

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