(Dow Jones via eFXnews) Traders amassed a net $24.8 billion in bets that the euro will continue to weaken, the largest such position since at least 2007, as of Jan. 10, government data showed Friday. Speculators held a net 155,195 contracts ag 41 Vote(s) Read More Speculators Pile Into Bets Against Euro Most Since 2007
Posted in FX News | Tagged 2007, against, bets, euro, into, most, pile, since, speculators
AUDUSD pares losses into New York close, 29 Vote(s) Read More AUDUSD pares losses into New York close Nial Fuller
Posted in FX News | Tagged audusd, close, fuller, into, losses, new, nial, pares, york
While technical studies warn of a correction, the Euro has been unable to muster any meaningful corrective strength and this could once again open fresh weakness… Read More Euro Setbacks Accelerate into North America on Fitch Warnings
Posted in FX News | Tagged accelerate, america, euro, fitch, into, north, on, setbacks, warnings
The S&P 500 reversed sharply lower as expected, shaking the US Dollar out of complacency and pushing prices higher amid renewed safe-haven demand. Read More SdanP 500 Recoils From Resistance, Breathing Life into US Dollar
Posted in FX News | Tagged 500, breathing, dollar, from, into, life, recoils, resistance, sp, us
After staging the beginning of what would become a methodical upside trend in August of this year, the GBP/NZD currency pair has run into a wall of indecision; promulgated by the triangle forming on the Daily and 4 hour charts. Read More GBP NZD Wedges into Triangle for Possible Breakout
Posted in FX News | Tagged breakout, for, gbpnzd, into, possible, triangle, wedges
Whether we look at the Dow Jones FXCM Dollar Index or the EURUSD, the greenback ended this past week virtually unchanged. On a larger scale, this performance isn’t necessarily discouraging as the currency is riding off the bullish performance it managed to forge through November – and against a much more buoyant S&P 500. Read [...]
Posted in FX News | Tagged can146t, crisis, dollar, fall, fires, into, peace, smoldering, with, yearend
The market is on hold after a zany week of developments as Italy is set to pass austerity bill and usher in new government next week. What are we waiting for now? The Italian Senate passed the new budget bill and now the lower house will vote on the bill tomorrow. Read More Market Wants [...]
Posted in FX News | Tagged avoid, drama, further, into, market, to, wants, weekend
We have entered the gravitational pull of this week’s top event risk: the European Union’s crisis summit. The influence of this particular driver reaches far beyond the euro and European assets. Read More Dollar Tapped into the Risk Trends the Evolve from the EU Summit
Posted in FX News | Tagged dollar, eu, evolve, from, into, risk, summit, tapped, the, trends
Despite yesterday’s sharp rebound across risk-correlated assets at the end of the North American session, the Australian Dollar softened by the end of the Asia session. At the time this report was written, however, the Aussie and the Euro started to move higher once more. Read More Aussie, Euro Slide Headed into European Session Open
Posted in FX News | Tagged aussie, euro, european, headed, into, open, session, slide
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Posted in FX News | Tagged cash, convert, estate, how, into, notes, real, to
