New EURUSD Lows: Italian Auction or eEnd of Month/Year Fixing? After several days of catatonic market "action", volatility perked up yesterday and today with the Italian bond auctions and probably also due to an early start to end of month/year fixing flows in thin markets. The Italian bond auctions today failed Read More New EURUSD [...]
Posted in FX News | Tagged auction, eend, eurusd, fixing, italian, lows, monthyear, new, of, or
Many decade long turns have been indicated by yearly or even quarterly key reversals. The study also highlights the tendency for exchange rates to reverse during high volatility environments Read More Has the Dollar Bottomed for a Decade or More
Posted in FX News | Tagged a, bottomed, decade, dollar, for, has, more, or, the
The US dollar hasn?t gone very far in any direction, be it to the upside or the downside, in 2011. The currency was falling in the first half of the year on talks about a quantitative easing and hopes for Europe, but reversed its trend in the second half. The greenback has a potential to go either way in 2012 depending of a way the European issues will be resolved and decisions the US policy makers will make.(…)Read the rest of 2012: [...]
Posted in FX News | Tagged 2012, for, of, or, strength, usd, weakness, year
The first point to understand is that Cameron probably had little choice from a political perspective-had he rolled over and signed up for what is essentially the start of a United States of Europe, then it is highly possible that he would have faced a rebellion of such magnitude from Read More David Camerons Stance [...]
Posted in FX News | Tagged brussels, camerons, david, in, or, smart, stance, stubborn
Can of worms? Pandora’s box? Take your pick but that’s what is being opened in Brussels. Read More This EU summit will accelerate a euro breakup not slow it down or save it
Posted in FX News | Tagged a, accelerate, breakup, down, eu, euro, it, not, or, save, slow, summit, this, will
So far, we can’t call the current market anything but a classic bear market squeeze and we’ve got a ways to go before we can call it anything else. But the spectacular action today is of a statistically rare degree what does it mean? Earlier today (in our week Read More TurboSqueeze Set to Continue [...]
Posted in FX News | Tagged continue, fade, or, quickly, set, to, turbosqueeze
USD got slammed today against nearly every major currency you can fathom as the ?risk’ trade soared. The move began nearly 24hrs ago when a number for the ?voluntary’ Greek haircut was reached and came across the newswires (50%). Consequently, the Euro surged higher and didn’t look back trading Read More Is Todays Move A [...]
Posted in FX News | Tagged a, gamechanger, hit, is, move, one, or, todays, wonder
Which social forex site is the best? FxStat, Currensee or MyFxBook. Read more here 25 Vote(s) Read More Market Leader FxStat, Currensee or MyFxBook
Posted in FX News | Tagged currensee, fxstat, leader, market, myfxbook, or
Computers, though they are meant to make our lives generally easier, depending on the perception, usually are much like a double-edged sword. Any person, who has used a computer for a while, will have an understanding on just how safe their date is. More the fact, that safe date simply does not exist, when it [...]
Posted in FX News | Tagged backup, computer, data, forever, it, lose, on, or, your
An end-of-session rally for the euro and risk-sensitive assets seemed to stall the seismic shift to a bearish trend won on Monday. However, a rundown of the fundamentals that accompanied this swell in the capital markets should cast doubt over bullish projections for sentiment. Read More Surprise Rally from EURUSD, AUDUSD and SdanP 500 Correction [...]
Posted in FX News | Tagged 500, and, audusd, correction, eurusd, from, or, rally, reversal, sp, surprise
