Italy is now in a complicated situation with none of the coalitions envisaged prior to the elections being able to form a majority government. The Italian president will begin informal consultations with party leaders to find out which options there might be to form a government anyway. The new parliament Read More Italian Elections Whats [...]
Posted in FX News | Tagged elections, italian, next, whats |
Risk sentiment rebounded with equities and US treasury yields advancing, European sovereign yield spreads easing, and the USD and JPY declining. Central bank chiefs spoke today with the Fed’s Bernanke testifying for the second day in Washington (this time before the House) while the ECB’s Draghi spoke in Munich. Italy Read More USD Weaker As [...]
Posted in FX News | Tagged as, rebounds, risk, sentiment, usd, weaker |
The fact that Italy got its bond auction away and Fed Chairman Bernanke, for the second day in a row ,reiterated the commitment of himself and the Fed to drawing out the stimulus policy until the economy is on a self sustainable footing was a boon to stocks which have Read More Stocks Surge, Gold [...]
Posted in FX News | Tagged 1600, back, below, gold, stocks, surge |
Industrial production fell more-than-estimated in the world’s third largest economy amid the recent sluggish performance and domestic demand weakness, where Japanese economy noticed a period of instability recently. Japanese economy released its industrial production preliminary reading for February, where the index came less than estimated at 1.0%, compared with a Read More Industrial Production Unexpectedly [...]
Posted in FX News | Tagged fell, in, industrial, january, production, unexpectedly |
Full-fledged panic hasn’t hit the market…yet. Read More Aussie, Kiwi Losses Accelerate as Euro Steadies After Italian Bond Auction
Posted in FX News | Tagged accelerate, after, as, auction, aussie, bond, euro, italian, kiwi, losses, steadies |
The Euro tipped higher on Wednesday, but the relief rally in the single currency may fail to gain traction as the fundamental outlook for the region deteriorates. Read More Euro Outlook Remains Weighed By Growth Concerns, ECB Easing
Posted in FX News | Tagged by, concerns, easing, ecb, euro, growth, outlook, remains, weighed |
Read More Forex Trading Selling AUD NZD Ahead of RBA
Posted in FX News | Tagged ahead, audnzd, forex, of, rba, selling, trading |
Read More US Pending Home Sales Rose To Highest Since 2010 USD CAD Mixed
Posted in FX News | Tagged 2010, highest, home, mixed, pending, rose, sales, since, to, us, usdcad |
Currency Strategist Michael Boutros offers current setups as volatility in the FX markets takes a reprieve from the past few days. Discuss the mechanics of scalping in the FX markets in the context of the current market environment. Read More Scalping with Michael Boutros on DailyFX Plus 2 27
Posted in FX News | Tagged 227, boutros, dailyfx, michael, on, plus, scalping, with |
The pair is expected to find support at 91.22, and a fall through could take it to the next support level of 90.52. The pair is expected to find its first resistance at 92.52, and a rise through could take it to the next resistance level of 93.12. Read More USD JPY Japanese Retail Sales [...]
Posted in FX News | Tagged declined, in, january, japanese, retail, sales, usdjpy |
