Italian debt spreads are spinning out of control and only a massive and timely response will stop the systemic consequences. What now? Lack of confidence in Italian debt is seeing Italian debt yields spinning out of control today, as the two-year and 10-year yields rocketed above 7% today after starting Read More Were Now in [...]
Posted in FX News | Tagged black, debt, eu, event, hole, horizon, in, now, of, the, were
In an unexpected burst of momentum in the final hours of trading this past Friday, the euro tumbled to the threshold of major support against its US and British counterparts (two of the currency market’s most liquid pairs). This puts the world’s second most liquid currency at immediate risk of a extraordinary plunge to start [...]
Posted in FX News | Tagged a, as, euro, event, major, massive, of, on, rises, risk, the, tumble, verge
The worst for volatility may still lay ahead for the FX and capital markets. With the ongoing Japanese financial/economic crisis, EU summit and UK inflation data pressing us; we need to trade cautiously. Read More USDJPY, EURUSD and GBPUSD Face Greatest Event Risk in that Order
Posted in FX News | Tagged and, eurusd, event, face, gbpusd, greatest, in, order, risk, that, usdjpy
Read More A Second Round of Event Risk Presents Further Trade Opportunity
Posted in FX News | Tagged a, event, further, of, opportunity, presents, risk, round, second, trade
All eyes now turn to ECB President Trichet who later today, will shed light on future direction of the central bank’s monetary policy… Read More ECB Event Risk Could Help Determine Broader Market Direction
Posted in FX News | Tagged broader, could, determine, direction, ecb, event, help, market, risk
The USD has come back under some intense pressure this week and key economic releases and event risk on Tuesday will undoubtedly influence price action… Read More Greenback Direction to be Influenced by Tuesday Eco Data and Event Risk
Posted in FX News | Tagged and, be, by, data, direction, eco, event, greenback, influenced, risk, to, tuesday
The technicals for the USD remain wishy washy for both bears and bulls as the market awaits House debates on the Obama/Republican tax deal and whether the Chi. What are the implications as we approach the last real trading week of the year? Read More USD in NoMans Land ahead of Key Event Risks
Posted in FX News | Tagged ahead, event, in, key, land, nomans, of, risks, usd
Ahead of this week’s major event risks, currency markets will be faced with increased volatility. The mid-term elections are scheduled for tomorrow and if the republicans win the majority, this may in turn boost stocks and further fuel risk appetite. Read More EURUSD To Face Increased Volatility Ahead of This Weeks Event Risks
Posted in FX News | Tagged ahead, eurusd, event, face, increased, of, risks, this, to, volatility, weeks
Technically, the US dollar would put in for a positive close through Thursday’s active session. However, an astute trader would appreciate the fact that the single currency is actually still mired in its month-long congestion pattern. It is easy to become caught up in the day-to-day changes from particular currency pairs; and the headlines of [...]
Posted in FX News | Tagged approaches, as, deep, dollar, evaporates, event, in, its, itself, monthlong, range, retrenches, risk, scheduled, weekend
A third consecutive daily loss would lead the greenback to its worst performance since the long series of declines through August 2nd. However, for context, this week’s disappointing performance more closely resembles a shift to congestion while the previous period of losses was near the exhaustion point of a two-month bear trend. Read More Dollar [...]
Posted in FX News | Tagged and, bernanke, Commentary, dollar, event, faces, gdp, heavy, next, risk, speculation, weathers, week
Dollar Weathers GDP and Bernanke Commentary, Faces Heavy Event Risk and Speculation Next Week
A third consecutive daily loss would lead the greenback to its worst performance since the long series of declines through August 2nd. However, for context, this week’s disappointing performance more closely resembles a shift to congestion while the previous period of losses was near the exhaustion point of a two-month bear trend. Read More Dollar [...]
Posted in FX News | Tagged and, bernanke, Commentary, dollar, event, faces, gdp, heavy, next, risk, speculation, weathers, week | Leave a response