In yesterday’s session we saw risk aversion dominating on the back of weaker global growth concerns as well as the renewed uncertainty in the Euro-zone sovereign debt situation. The catalysts were weak manufacturing data from China, the US and UK, as well as surging yields in Italy and Spain. Read More Eye of the Storm [...]
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A combination of events late Wednesday and early Thursday brought about sharp downside acceleration in the US Dollar. However, the buck could be attempting to reassert itself… Read More Buck Sold Agressively Early On Sustainability of Moves Now in Question
Posted in FX News | Tagged agressively, buck, early, in, moves, now, of, on, question, sold, sustainability
EURUSD and NZDUSD are still strong setups going forward; but they require fundamental support. In the meantime, there is GBPCHF and NZDJPY which can subsist on technicals alone. Read More EURUSD and NZDUSD the Best Trade Setups, But Look at GBPCHF and NZDJPY for ShortTerm Moves
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The Canadian dollar rose today versus all other 16 major currencies as concerns about supplies pushed crude oil, the main Canadian export, closer to the 30-month record.(…)Read the rest of Canadian Dollar Moves Higher with Crude Oil Prices (126 words) Posted on Forex News. Read More Canadian Dollar Moves Higher with Crude Oil Prices
Posted in FX News | Tagged canadian, crude, dollar, higher, moves, oil, prices, with
This week of volatility and uncertainty for the yen ended and its time to gauge the performance of the currency. And it’s truly a hard endeavor as the Japanese currency posted a weekly gain against some majors, a weekly loss versus others and even ended flat against the pound after the mind-boggling swings.(…)Read the rest of Week of Volatile Unpredictable Moves of Yen (200 words) Posted on Forex News. Read More Week of [...]
Posted in FX News | Tagged moves, of, unpredictable, volatile, week, yen
The minutes also said that the economic outlook remains highly uncertain and the risks are skewed to the downside. The majority of the MPC want to wait for the first quarter growth figures in early April before deciding whether to begin tightening … 36 Vote(s) Read More Exchange Rates British Pound moves higher, MPC to [...]
Posted in FX News | Tagged british, exchange, higher, moves, mpc, pound, rates, thank, to
Elevated volatility expectations ahead of a pivotal US Federal Reserve interest rate decision warns of sharp currency moves in the week ahead, and traders should actively control risk ahead of major event risk. Our DailyFX 1-Week Volatility Index is now at its highest levels since the ‘Flash Crash’ as FX Options markets gear up for [...]
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FXstreet.com (Barcelona) – After the Singaporean Government widened its currency trading band, the… For more information, read our latest forex news. Read More Forex USD SGD moves away from record low
Posted in FX News | Tagged away, forex, from, low, moves, record, usdsgd
Cable weakness was strong enough today break a significant support and resistance level. Is this break for real or just another fakeout? 12 Vote(s) Read More Support Break means further moves lower for Cable
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FXstreet.com (C?rdoba) ? The pair had been steady in the last hours hovering around 85.15 and now… For more information, read our latest forex news. Read More Forex USD JPY moves away from daily lows
Posted in FX News | Tagged away, daily, forex, from, lows, moves, usdjpy
