Archives by date

You are browsing the site archives by date.

British Pound Gains with Other ‘Risky’ Currencies, UK House Prices Rise for First Time Since October 2007

The British pound continued to make headway higher on Thursday, along with other risky assets, thanks to broad improvements in investor sentiment along…

Euro Gains Despite European Central Bank (ECB) Rate Cut – Why?

The euro ended Thursday on a mixed note, as the currency surged against the Japanese yen, US dollar, and Swiss franc but slipped against the ultra strong…

British Pound Crosses Rebounding

-GBPCHF approaches resistance -GBPCAD prepares to break higher -GBPAUD and GBPNZD should see rebounds

US Dollar, Japanese Yen Under Pressure Post G-20, Ahead of Friday’s US Non-Farm Payrolls (NFPs)

- US Dollar, Japanese Yen Under Pressure Post G-20, Ahead of Friday’s US Non-Farm Payrolls (NFPs) – Euro Gains Despite European Central Bank (ECB) Rate…

FX Correlations (April): How Do Currencies Move In Relation To Each Other?

The following is our monthly correlations update for April. As we have stated time and again, correlations between different currency pairs will inevitably…

G 20 Statement Light on Details for Promise to Boost Regulation, Stimulus and IMF Support

After a colossal build up to the Group of Twenty’s (G20) meeting in London today, the market has been placated with a nine-page statement that covers many…

Euro Ends Day Higher Post ECB Rate Cut, US Dollar at Risk Ahead of NFPs (Forex Video)

The euro ended the day up against the US dollar despite the ECB rate decision – why? Find out more about Friday’s US NFP release…

US Dollar: US NFPs May Provide Harsh Reality Check for Optimistic Markets

The US dollar will encounter one of its most market-moving pieces of data on Friday: non-farm payrolls (NFPs).

Euro Gains Stall by 61.8% Fib; Dollar/Yen Fresh 09 Highs (Daily Classical)

Euro rallies stall out by 61.8% fib retracement. Dollar/Yen to fresh 2009 highs; stalls ahead of 100.00. Cable poised for close well above 100-Day SMA;…

G20 Statement Triggers a Wave of U.S. Dollar Selling

The release of the G20 statement, which called for a broad reform of the international financial system, triggered a sudden change in USD/JPY speculative…