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Carry Drives The Day As EUR/USD Takes Out 1.4300

posted by Avatar fx360 311 days ago in USD, EUR made popular 311 days ago

Risk FX continued to climb higher in morning European trade buffeted by renewed interest in the carry trade flows as EUR/USD rose to a fresh one year high at 1.4310 while USD/JPY broke above the key 85.00 level not seen since last September. read more
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Risk FX Higher On Carry Demand, But Cable Lags

posted by Avatar fx360 311 days ago in USD, EUR, JPY

isk FX was generally better bid today buoyed by continuing carry trade flows with EUR/USD hitting fresh yearly highs in early European morning trade, but cable was weaker after Manufacturing and Industrial Production printed markedly weaker than read more
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Risk FX Remains Bid But Off Its Highs In Opening Trade

posted by Avatar fx360 313 days ago in USD, EUR, JPY made popular 313 days ago

As we noted last week, risk currencies are benefiting from the renewed interest in the carry trade as currency markets begin to price in a shift in monetary policy across the G-20. Although Friday’s comments by New York Fed President Bill Dudley read more
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Is Aussie Headed For 1.05?

posted by Avatar fx360 313 days ago in USD, AUD made popular 312 days ago

The Australian dollar reached another post float high in early Asian trade today rising to 1.0417. However, the pair could not hold the 1.0400 level in the wake of tepid MI Inflation gauge which slipped to an 11 year low of 1.9%. The announcem read more
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FX: What To Expect From Central Banks

posted by Avatar fx360 313 days ago in JPY, AUD

The Australian and Canadian dollar rose to fresh highs against in the greenback overnight but aside from this, it has been a relatively quiet morning in the foreign exchange market. The U.S. economic calendar is pretty light this week with non-ma read more
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Risk FX Steady Amidst Japan Holiday

posted by Avatar fx360 327 days ago in USD, EUR, JPY made popular 327 days ago

Better news out of the troubled Fukushima nuclear power plant and clear signs that the no-fly zone in Libya was taking effect helped to keep risk FX well bid at start of week’s trade in the currency market. With Japanese financial markets close read more
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Euro Lower Pound Higher In Choppy Monday Trade

posted by Avatar fx360 327 days ago in USD, EUR made popular 327 days ago

Risk FX remained mildly bid on the first trading day of the week, boosted by strong equity flows in Europe, the establishment of the no-fly zone in Libya and the continuing - though tentative - signs of improvement at the Fukushima nuclear plant read more
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FX Joint Intervention - A One Hit Wonder?

posted by Avatar fx360 330 days ago in USD, JPY made popular 329 days ago

First we must applaud Japan for successfully convincing its G7 partners to jointly intervene in the foreign exchange market for the time in more than 10 years. It must have not been a very difficult decision considering that the Finance Ministers read more
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How Did Your Broker Do For You?

posted by Avatar fx360 330 days ago in USD, JPY made popular 330 days ago

Wednesday was one of the most volatile trading days in the FX market for USD/JPY in years. Through it all GFT provided traders with consistent spreads of 3 pips or less, executed all market orders requested, and executed all stops and limits whic read more
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USD/JPY Stabilizes As Nuclear Fears Ease

posted by Avatar fx360 331 days ago in USD, JPY made popular 331 days ago

Risk FX trades recovered some of their losses at the start of the European open as the situation at the troubled Fukushima nuclear plant appeared to have stabilized after helicopters doused the reactors with water and TEPCO officials stated that read more
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Risk FX Rebounds As Nuclear Fears Ease; EUR At Yearly Highs

posted by Avatar fx360 331 days ago in USD, JPY made popular 331 days ago

Risk FX stabilized in morning European trade today after the turmoil caused by the massive liquidation of USD/JPY positions as the start of the Asian session earlier in the day. USD/JPY dropped to a record low of 76.25 after triggering stops a read more
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Trading Psychology- Accepting The Risk

posted by Avatar fx360 332 days ago in Trading Psychology

Trading psychology is the most important aspect of a trader's success. I have made this statement before, but it is worth repeating. There are many factors that contribute to a trader's psychological makeup, and there is no easy way to attain a read more