EUR/CHF Daily European Technicals 07/04
(Dow Jones via #eFXnews.com)Intraday EUR/CHF: A major recovery is underway, which targets significant resistance in the 1.2400 area. The sharp bull wave off the June 27 reaction low at 1.1808 has scope to
US ADP private payrolls rise 157k in June
As the partial data come together, GDP growth in Q2 is shaping up at a meagre 0.1-0.2%, after essentially AUD/USD and NZD/USD outlook next 24 hours: There is no local economic data of note, so that positive sentiment should carry through until ...
Investors Betting on Italian Default
The bets are mounting that Italy will be the next to face default in Europe
USD/CHF Daily Asia Outlook 07/11
(Dow Jones via #eFXnews.com)USD/CHF - to consolidate with risks skewed lower. Undermined by CHF demand on soft EUR/CHF cross as euro-zone debt fears intensify, unwinding of
Technical Focus: EURJPY
EURJPY- With a follow through lower on the back of its last week weakness seeing EURJPY breaking below its strong support at the 113.49 level, its Jun 16’2011 low on Monday, further bearish momentum is expected in the days ahead.
USD/CHF Daily Asia Outlook 07/12
(Dow Jones via #eFXnews.com)USD/CHF - to consolidate with risks skewed lower. Undermined by CHF demand on soft EUR/CHF cross as euro-zone debt fears intensify, unwinding of CHF-funded carry trades amid
USD/JPY Daily Asia Outlook 07/13
(Dow Jones via #eFXnews.com)USD/JPY - to consolidate with bearish bias after hitting nearly 4-month low of 78.48 on EBS overnight. Undermined by flows to safe-haven yen, unwinding of JPY-funded carry trades amid
Weakening US Economy Can’t Help EUR/USD Stop Decline
EUR/USD fell today for the second day as Fitch Rating downgraded Greece’s credit rating yesterday, increasing worries about the debt crisis in Europe.
AUD/JPY: Starts the week on a soft note
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ...
NZD/USD Daily Asia Outlook 07/18
(Dow Jones via #eFXnews.com)NZD/USD - to consolidate with positive bias. Supported by higher-than-expected NZ 2Q CPI of +1.0% (vs +0.8% forecast), positive global risk sentiment, firmer commodity prices, Kiwi demand on
Still too dangerous to try picking a turn in the USD
The USD is at record lows against the CHF and the NZD and is close to record levels against the AUD and the JPY. Even for a committed contrarian like myself, this trend looks still too strong to fight. Confidence is a very strong factor in any ...
AUD: Market keeping close eye on today's CPI
If the world's biggest economy suddenly starts shrinking again, this cannot be good for FX risk trades and my thinking is that the AUD might be one of the bigger sufferers in the medium term. I'm happy to sell AUD rallies, especially on the crosses and ...


