- Euro Breaks Below 1.3000 – German ZEW Survey Could Impact Trade on Tuesday – British Pound Tumbles Against Safe-Havens – UK CPI May Fall Back Into BOE’s…
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Conditions are far from favorable for range traders. Risk aversion has soared with the start of the week; and many pairs have responded with major breakouts…
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If my working assumption that the EURUSD is in a 3rd of a 3rd wave down is correct, then the decline should be capped by 1.3020/75 and weakness should…
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US dollar gains on flight-to-quality…why? Bank of Canada rate decision could impact the Canadian dollar on Tuesday.
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US Dollar Index: The speed with which speculators recently exited longs and went short (and commercials covered shorts and went long) favors USD strength.
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COT data favors USD and Yen strength. The data also suggests that the Euro, Australian and New Zealand Dollars will be the weaknest currencies.
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The Canadian dollar could see a pickup in volatility on Tuesday at 9:00 ET as the Bank of Canada is expected to leave rates unchanged at 0.50 percent,…
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Current Yesterday USD 0.23500 0.25000 GBP 0.60000 0.60000 EUR 0.86375 0.82875 JPY 0.17875 0.18625 CHF 0.11500 0.11500 AUD 3.16250 3.17500 CAD 0.44667 0.42833 NZD 3.03750 3.03750
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Australia’s Producer Price Index unexpectedly fell in the first quarter, bringing the annual pace of wholesale inflation to 15-month low at 4.0%. The reading…
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