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US Dollar Index Tests Monthly Highs, Japanese Yen Gains as US Consumer Sentiment Improves

- Japanese Yen Gains as US Consumer Sentiment Improves – Euro Breaks Below 1.3100 as ECB’s Trichet Signals Rate Cuts – British Pound Under 1.4850 Ahead…

New Zealand Dollar Threatened By Declining Domestic Picture

The New Zealand dollar saw a reversal in momentum this past week despite better than expected retail sales and growing risk appetite. After reaching as…

Swiss Franc May Falter as Investors Expect SNB to Intervene Once Again

The Swiss franc was little changed against the U.S. dollar this week, while the low-yielding currency advanced against the euro for the second consecutive…

Commodity Dollars, British Pound to Face Rate Decisions, Inflation, GDP This Week

The Canadian dollar, Australian dollar, British pound, and US dollar will all face fairly heavy event risk during the coming week as the Bank of Canada…

A Significant EURUSD Break To End The Week, Major Event Risk After The Weekend (Forex Video)

The EURUSD finally breaks below 1.31, but was there a fundamental driver for such a significant move? What events and indicators could cause waves next…

Australian Dollar Crosses Maintain Bullish Structures

-AUDCHF target at .8620 -AUDCAD support at .85; target at .9150 -AUDNZD nears top of range

What Kind Of Range Can AUDUSD Produce Before An Assured Breakout?

Often times, the perfect range also makes for the perfect breakout. The AUDUSD has clearly defined levels with an abundance of technicals to support congestion…

US Consumer Confidence Rises for Second Month

Consumer Confidence in the US rose in April to 61.9 from 57.3 in the previous month. The figure is notably higher than expectations for a slight improvement…

US Dollar Threatening a Bullish Breakout

-EURUSD breaks weekly low -GBPUSD drops from top of range -AUDUSD currently beneath support line -USDCAD bullish interpretation -USDCHF advance accelerates

Euro Drops as ECB’s Trichet Says He Supports "Strong Dollar" Policy (Euro Open)

The Euro tumbled against the US Dollar overnight after European Central Bank President Jean-Claude Trichet said that he supports the US’ “strong dollar”…