Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your … 27 Vote(s) Read More FX USD CAD Order boards thickening [...]
Posted in FX News | Tagged boards, fx, nicely, order, thickening, up, usdcad
Source: DowJones China Think-Tank: China should use $2 trill FX reserves for overseas… For more information, read our latest forex news. Read More China should use 2 trill FX reserves for overseas investment, says China ThinkTank
Posted in FX News | Tagged 2, china, for, fx, investment, overseas, reserves, says, should, thinktank, trill, use
… the coming weeks to sell debt that may reach EUR+262b’s worth in the first quarter, rising funding costs will not make saving the 13-year old currency any easier. The market will now focus on North American employment data, with NFP out tomorrow. … 39 Vote(s) Read More FX requires EUR Fixed Income to trade
Posted in FX News | Tagged eur, fixed, fx, income, requires, to, trade
The EUR/USD has finally moved higher, as traders note some short-covering flows in both the EUR/USD and EUR/JPY. The move up in Asian equities has encouraged USD selling across the board and the next level of resistance on the EUR/USD is found at … 34 Vote(s) Read More FX EUR USD Short covering noted as [...]
Posted in FX News | Tagged as, broadly, covering, eurusd, fx, noted, offered, short, usd
GBP/USD had an interesting week as the battle between bulls and bears continue to intensify in the 1.55 area. The support level actually runs from the 1.53 to 1.55 area, as it is a 200 pip support zone. The area is also the neckline of a massive … 31 Vote(s) Read More Weekly FX Forecast [...]
Posted in FX News | Tagged 2, 2012, Forecast, fx, january, weekly
Comments out of Spain proclaiming a recession looks to be weighing on sentiment. Technically, USD/JPY is little changed, still holding mostly above its Ichimoku tenkan line since November 23 (moves below have been mostly brief and limited except on the … 26 Vote(s) Read More FX USD JPY Little changed but market a bit more [...]
Posted in FX News | Tagged a, bit, but, changed, fx, little, market, more, riskoff, usdjpy
Price action was fairly muted overnight as markets prepare for the holiday season, and with the lack of headline data releases in Asia we expect to see a fair amount of range bound trading. Nevertheless, risk assets could benefit from the better than expected US jobless data. Read More Neutral Sentiment Set to Direct Action [...]
Posted in FX News | Tagged action, direct, fx, in, neutral, sentiment, set, to
Yesterday’s session was headlined by the SNB’s latest monetary policy meeting, amid swirling rumours of a rise in the EURCHF exchange rate floor. Instead however, Swiss policy makers opted to keep policy unchanged, leaving interest rates at 0.00% and the EURCHF floor at 1.2000. The statement offered very little new Read More FX Markets Begin [...]
Posted in FX News | Tagged 13000, above, as, back, begin, creeps, eurusd, fx, holiday, lull, markets
The markets continue to be under-impressed with the Eurozone and its attempt at a plan. In fact the ?risk-off? bias of markets has seen equities, Eurozone peripheral bonds, and risk positive currencies such as the EUR and AUD begin to sell off at an increasing rate. This is partly driven Read More FX Markets DeLeveraging, [...]
Posted in FX News | Tagged deceased, deflation, deleveraging, deterioration, fx, markets
The Euro took a massive hit in confidence yesterdays as news that Germany’s bund auction technically was a failure. If anyone needed further evidence that the crisis in European peripherals was spreading into the core, well this was clearly it. European yield spreads actually contracted, however for the wrong reasons, Read More FX Risk Consolidates [...]
Posted in FX News | Tagged consolidates, fx, holiday, in, market, risk, thin
