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Japanese Yen May Rise as Risky Assets Test Resistance

The Japanese Yen is likely to fall in with trends in risky assets in the week ahead as the economic calendar offers little that has already been factored…

British Pound The Unfortunate Herald Of 1Q GDP For The World

The global economic calendar fills out next week; but no other G10 currency can compete with the fundamental authority of the data that populates the British…

Euro Opens An Important Week At A Fresh Monthly Low

After shaking off the reins of congestion this past Friday, euro traders will jump on the opportunity to develop this momentum into a trend. Whether the…

Forex Trading Weekly Forecast – 04.20.09

US Dollar Forecast Turns Bullish Despite S&P 500 Winning Streak Euro Opens An Important Week At A Fresh Monthly Low British Pound The Unfortunate Herald…

Australian Dollar Outlook Mixed Despite ASX Uptrend

The Australian dollar finished marginally higher to end the week’s trade, but the currency’s late reversal suggests that fundamental risks remain to the…

Canadian Dollar Prevails Ahead of Upcoming BoC Rate Decision

The Canadian dollar dominated when it came to the majors last week, as USD/CAD broke out of a large triangle formation toward 1.20. The currency is likely…

US Dollar Forecast Turns Bullish Despite S&P 500 Winning Streak

The US Dollar gained despite the sixth-consecutive week of S&P 500 rallies, breaking its correlation to safe-haven flows and confounding forex trading…

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…