Euro Squeeze Persists
by Dean Popplewell EUR bears give it up! Bulls, is it worth it? All this for a few ticks in either direction from the close each day or are you both promising that this week will be different? It is another week full of PMIs, however, moderation is ...
USD To Find Bid On Broader Fundamentals, AUD At Risk On RBA Policy
Nevertheless, as the developments coming out of the US continue to point to high inflation, heightening price pressures certainly limit's the FOMC's scope to implement another round of quantitative easing, and we should see the central bank sound a bit ...
EUR/GBP rallies on weak UK PMI
The oversold EUR/GBP was already rebounding since yesterday and today's extension is sharper, especially now in the London morning. UK manufacturing PMI results dropped further than expected, from 51.9 (revised from 52.1) to ...
Gold Prices Settle Higher
Gold prices leaped to its two week high on Monday as weak economic indicators continued to weigh on the dollar even as Spain entered into recession with its economy contracting for second successive quarter, pushing up the metal's appeal as a safe ...
Euro slightly higher against dollar, yen in thin trade
During European late morning trade, the euro was lower against the US dollar, with EUR/USD shedding 0.28% to hit 1.3215. Volumes remained light with many markets in Europe, including Germany, France and Italy closed for the May Day holiday.
Precious Metals Decline as Manufacturing in China & US Rise
Gold and other precious metals retreated today as positive market sentiment decreased demand for safer assets.
EUR/USD Fundamental Analysis May 2, 2012, Forecast
Analysis and Recommendations:The EUR/USD continues to fall against the USD trading at 1.3213 off the high of 1.3283 today. Most European markets are closed for the May Day holiday, so trading was thin along with news. Little data was availabl
Negative Data from Europe drive EUR/USD Down
EUR/USD sank today as negative macroeconomic data from Europe drove investors away from the common currency of the eurozone.
USD Index Threatens Bearish Channel, AUD Approaching Key Support
In turn, the rebound in the USD may be short-lived, but the greenback may ultimately breakout of the bearish formation should the developments coming out of the world's largest economy dampen expectations for additional monetary support.
Where the Australian Dollar Is Headed
Time was, the Australian dollar's Well, the outlook for China has dimmed somewhat, and a recent upward move in commodity prices has left the Australian dollar cold. The Reserve Bank of Australia's larger-than-expected interest rate cut earlier this ...
US soybeans claw back losses after long liquidation
Private exporters reported the sale of 232000 tonnes of US soybeans to China for delivery during the 2012/13 marketing year, said the Agriculture Department on Thursday. * Buenos Aires Grains Exchange lowered its forecast of Argentina's 2011/12 soybean ...
FXCM Sponsored Its First University Currency Trading Contest This Semester
Bryce recently sat down with FXCM to tell us more about his trading strategy, My best currency trade was the AUD/USD. DailyFX wrote about the pair being a short opportunity and said it had the chance of breaking out and the more I studied the ...


