The Dow Jones FXCM Dollar Index (Ticker: USDollar) suddenly reversed as developments out of the EU and a strong rebound in risk weighed on the reserve currency. As it stands, markets may have put in an interim bottom here. Read More US Dollar Pares Advance as Late Day Rally Supports Risk Index Heavy
Posted in FX News | Tagged advance, as, day, dollar, heavy, index, late, pares, rally, risk, supports, us |
Senior Technical Strategist Jamie Saettele discusses the reversals today in equities and the US Dollar crosses and what levels to keep an eye on going forward. Read More Stocks and Dollar Stage Dramatic Reversals
Posted in FX News | Tagged and, dollar, dramatic, reversals, stage, stocks |
Read More ADX The Average Directional Index
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An end-of-session rally for the euro and risk-sensitive assets seemed to stall the seismic shift to a bearish trend won on Monday. However, a rundown of the fundamentals that accompanied this swell in the capital markets should cast doubt over bullish projections for sentiment. Read More Surprise Rally from EURUSD, AUDUSD and SdanP 500 Correction [...]
Posted in FX News | Tagged 500, and, audusd, correction, eurusd, from, or, rally, reversal, sp, surprise |
Though the Performance of Services Index indicated a slowdown in the Australian service sector in September, the Aussie continued to trade above a key support line. Read More Australian Dollar Holds Above Support After Service Sector Data
Posted in FX News | Tagged above, after, australian, data, dollar, holds, sector, service, support |
The Reserve Bank of Australia’s statement at the start of trading on Tuesday underscored the growing pessimism – or more aptly described as a lack of optimism – over the global markets, weighing down risk-correlated assets throughout the overnight. Read More Euro Firms Despite Continued Selloff of Commodity Currencies
Posted in FX News | Tagged commodity, continued, currencies, despite, euro, firms, of, selloff |
Michael Boutros, DailyFX Currency Strategist, covers a Live Scalping Session in the DailyFX Live Trading Room on October 4, 2011 at 12:30 GMT. Read More Oct 4 Live Scalping Session Live Trading Room
Posted in FX News | Tagged 4, live, oct, room, scalping, session, trading |
The rebound in the EUR/GBP and the EUR/CAD may gather pace as both pairs maintain the range-bound price action from earlier this year, but the euro may trade heavy over the remainder of the week as market participants see the European Central Bank scaling back the rate hikes from earlier this year. Meanwhile, the Japanese [...]
Posted in FX News | Tagged cross, euro, gather, hold, pace, range, rates, strength, to, yen |
EUR/USD and the FTSE100 keep in trading lower as expected however in the short term prices are assumed to regain part for their losses, this will be seen as a opportunity to short by investors. Read More Bulls vs Bears The Spread Betting Morning Update October 4 2011
Posted in FX News | Tagged 2011, 4, bears, betting, bulls, morning, october, spread, the, update, vs |
Guest Commentary Gold dan Silver Prices Daily Outlook 10042011
Gold and silver continue their road to recovery from September’s downfalls as they have started the week with sharp rises. Read More Guest Commentary Gold dan Silver Prices Daily Outlook 10042011
Posted in FX News | Tagged 10042011, Commentary, daily, gold, guest, outlook, prices, silver | Leave a response