USD Index Carving Top In May, AUD Eyes November Lows
In turn, the upward trending channel should continue to take shape in the week ahead, and we will be watching for fresh 2012 highs in the index as the economic docket is expected to highlight an improved outlook for the US economy.
GBP/USD Fundamental Analysis May 18, 2012, Forecast
The GBP/USD continues to show weakness trading at 1.5812. There is little in the way of eco data in the UK or the US today to really affect the markets. The jobless report and the Philly Fed were market neutral.
USD/CAD Fundamental Analysis May 18, 2012, Forecast
The USD/CAD benefited today from the few brave investors who went looking for a bit more risk, and moved to commodity currencies. With the euro suffering from the plague and investors shedding everything European, those looking for a bit more exc
EUR/USD Fundamental Analysis May 18, 2012, Forecast
The EUR/USD closed slightly down but above $1.27. The European currency is now exchanged at $1.2714 after a high of $1.2749 and a low of $1.2665.Markets are flirting with stability but still biased towards risk aversion. The USD is marginally
AUD/USD Fundamental Analysis May 18, 2012 Forecast
The AUD/USD moved up a bit to 0.9961. The Aussie was able to capture a bit of the support as traders looked for a bit more risk, but did not want to touch anything associated with Europe.
NZD/USD Fundamental Analysis May 18, 2012, Forecast
The NZD/USD was trading at 0.7651, up 0.12% at time this time. The kiwi showed a bit of strength after local eco data was released. The New Zealand’s producer price inflation input rose to a seasonally adjusted 0.3% in the last quarter from 0.5%
USD/JPY Forecast May 18, 2012, Technical Analysis
The USD/JPY pair broke hard to the downside on Thursday as the market entered into the “safe haven” mode yet again. The issues in Europe have the markets nervous at best, and rumors during the session that the Bank of Japan was likely to enter a
GBP/USD Forecast May 18, 2012, Technical Analysis
The GBP/USD pair fell extremely hard during the Thursday session, and the 200 day exponential moving average has now given way to the bears. The pair looks like a sell only market at the moment, and is closing at the lows – signaling further decl
EUR/USD Forecast May 18, 2012, Technical Analysis
EUR/USD fell yet again on Thursday as the fears of traders continue to push this pair much lower. The reality is that there is a serious chance of Greece leaving the European Union now, and this has a lot of traders on edge. The banks in Greece a
Daily Report: EUR/USD, GBP/USD, USD/JPY And USD/CAD
The British Pound remained weak against the US Dollar on reports issued the previous day by the Bank of England. These revealed that the bank revised down the growth predictions and warned of the challenges the UK's economy faces due to the crisis in ...
Daily Technical Strategist: USDJPY
USDJPY: With USDJPY breaking below the 79.42 level, the risk is for it to decline further. This now sets the stage for a run at the 79.00 level.
EU Morning Report- Greek and Spanish woes weigh on the euro
World equities tumbled as investors fear that Greece may leave the euro after the second election in the country in June. Poor economic data from the US and concerns about the growing instability among Spanish banks further weighed on the single ...


