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US Economy's Half Speed Outlook

posted by Avatar ezir 709 days ago in USD made popular 709 days ago

The US Federal Reserve meets next week for two days and already there's a very confident expectation that there will be no change in interest rates or in its current indefinite timeline for leaving rates where they now are.  read more
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USD/CHF Orders

posted by Avatar morgan 709 days ago in USD, CHF made popular 709 days ago

Just in case the market dips some more during this session, I’m told there are some decent buy orders around 1.1050. It doesn’t look like there’s much in the way of decent technical support for this pair until 1.0925 (61.8% and 100-day MA).  read more
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Yen Advances for 5th Day as Japan Pledges to Cut Debt Levels

posted by Avatar sophia 709 days ago in JPY made popular 709 days ago

The yen gained for a fifth day against the dollar after Japanese Prime Minister Naoto Kan pledged to cut the world’s largest public debt, saying failure to do so may undermine the country’s sovereignty.  read more
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USD Retracement Fundamentally Limited

posted by Avatar camac 710 days ago in USD made popular 710 days ago

Investor optimism has put in for a dramatic recovery his past week; and as a natural side effect, risk-based assets have rallied while the safe-haven US dollar has tumbled.  read more
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European currencies surprising strength!

posted by Avatar ronnyrabbit1 710 days ago in USD, EUR, GBP made popular 710 days ago

The Euro broke the resistance specified in yesterday’s report 1.2254, and successfully reached the first suggested target 1.2295 and came very close to the second suggested target 1.2352, stopping only 4 pips before it (yesterday’s high was 1.234  read more
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NZ dollar strengthens

posted by Avatar vhinz316 710 days ago in NZD made popular 710 days ago

The New Zealand dollar strengthened overnight even as market anxiety rose and investor risk appetite wobbled. By 8am the NZ dollar was buying US69.79c, having ranged between about US69.30c and US70c overnight. BNZ strategist Mike Jones said globa  read more
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Video: Euro Stalls, Pound Slides Late, US Output Data Strong

posted by Avatar FXTimes 710 days ago in EUR, GBP, Manufacturing made popular 710 days ago

Today’s session started with risk aversion as the risk premium on Spanish bonds rose on rumors that Spain may have to ask for aid from the EU or IMF. A positive report from the US manufacturing sector helped bring back risk appetite with “risk-on  read more
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Heavy Stops In EUR/JPY Above 14.50/115.00

posted by Avatar camac 711 days ago in EUR, JPY made popular 711 days ago

EUR/JPY: fight looming around 114.00/50 is seems. Plentiful sell orders on the approach but very heavy stops being reported above 114.50/115.00.  read more
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The Pound and Euro Trade Better

posted by Avatar japock 711 days ago in EUR, GBP made popular 711 days ago

This morning the pound shrugged off the negative German economic sentiment which was down sharply 28.7, from 48.7, the expected rating. The European economic forecast dropped to 19.8, down from the anticipated 41.2 rating. German new car registra  read more
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Kiwi dollar up against greenback, yen

posted by Avatar alfred 711 days ago in JPY, NZD made popular 711 days ago

The New Zealand dollar rose against the greenback and yen, as successful government bond sales by some of the weakest members of the euro zone eased fears about Europe's debt problems.  read more
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Copper, Cattle & Hogs Gain on Weaker Dollar; Sugar Declines

posted by Avatar commodityblog 711 days ago in Fundamental, Agriculture, Metals made popular 711 days ago

Copper gained today as the dollar weakened. Cattle and hogs advanced today on signs that the demand will rise. Sugar declined today on speculation that the prices will go down.  read more
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U.S. Dollar Trades Lower

posted by Avatar jirachi 711 days ago in USD, EUR made popular 711 days ago

The US dollar was lower across the board Tuesday, with EUR/USD climbing to its highest level since June 1 despite widening peripheral bond spreads.  read more