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Index Technical Outlook: US Dollar Index
US Dollar Index: With continued rally seeing the Index strengthening and holding above its broken resistance, it remains biased to the upside towards its key resistance at the 81.78 level, its Jan 2012 high.
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The Opening Bell: Where currencies start for Wednesday, May 16, 2012
By Dan Bell The NZD/USD has tested new lows overnight, seeing 0.7677, after a 24 hours highlighted by poor domestic data and global risk aversion. Yesterday's downward revision of 2011 NZ GDP, and a drop in milk prices by 6.4% weighed on the Kiwi ...
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EUR/USD update (15th May 2012, 15:15)
On the other hand, official figures released today showed that French GDP growth came in at the expected 0% in the three months to 31 March. EUR/USD trended down as worse-than-expected Italian GDP figures were released. The GDP for the first quarter ...
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Daily Chart Art - May 15, 2012
If you're a fan of retracements and break-and-retest plays, then these chart setups could be for you. Check out these potential pullbacks on EUR/JPY, GBP/USD, and NZD/USD!
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Grexit and Bank Run Prospects Continue to Weigh on the Euro
Under the spotlight again, Greece is now at the brink of an exit from the European Monetary Union (EMU). Breakdown in coalition talk further puts pressure on the euro. German Finance Minister Wolfgang Schaeuble is calling the vote a “referendum o
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Canada Dollar Gains as Europe Avoiding Recession Boosts Demand
We see the Canadian dollar following the global trend, said Jack Spitz, managing director of foreign exchange at National Bank of Canada in Toronto. There's a rise in global risk appetite on the back of perhaps a misguided, but certainly a view, ...
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Grexit Effects on Euro Could be Limited Without Contagion
A Greek exit of the euro-zone is uncharted territory and would certainly hurt the euro. Yet without contagion to other countries, the situation could improve for the common currency, says John Kicklighter of DailyFx.
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SPX 500 - Tuesday 05-15-12
The SPX 500 is off its overnight lows and sits about flat from Mondays close on the S&P 500 (as of 9:45am ET). The
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Pound Slides To Fresh 3-week Low Against Dollar
On the downside, the pound may find target around the 0.8030 level. The German economy expanded more than expected in the first quarter of 2012, data released by the Federal Statistical Office showed today. Gross domestic product rose 0.5 percent from ...
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Daily Technical Strategist: USDCAD
USDCAD: We continue to hold onto our downside view on USDCAD as it trades below its key resistance at the 1.0048/51 levels.
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Euro Area Barely Avoided Recession in Q1; Economic Sentiment
A slew of GDP data coming out of the Eurozone were released during the 5/15 European trading session. 2012 Q1 GDP estimates France: 0.0%, forecast 0.0%, previous 0.1% (revised from 0.2%) – Flat as expected.Germany: 0.5%, forecast 0.1%, previous
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FxPro Daily Forex Brief | Another bad hair day
Risk Assets Suffer | Bond Vigililantism | Europe's Inflexion Point | Gold Weakens


