Read More US Dollar a Natural Short but also a Fundamentally Loaded Currency
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U.S. Dollar Trading (USD) banks led global stock markets higher as the European debt crisis continued to show signs of easing after solid Auctions in 10yr Spanish and French bonds overnight. US data also underpinned the move higher with the weekly Jobless claims falling 50k to 352k in a widely Read More Relief Rally And [...]
Posted in FX News | Tagged and, euro, rally, relief, short, squeeze
We continue to hold our short GBP/USD position despite the pair sitting near technical support. Read More Holding Short GBP USD
Posted in FX News | Tagged gbpusd, holding, short
Read More EURUSD Looking to Add to Short
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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 [...]
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In the first test the European periphery bond markets after the LTRO ECB action last week, we see Italy able to sell €9 billion 179-day bills at a much lower borrowing costs of 3.251%. That is down from 6.504% at the last auction on November 25th. Demand picked up as Read More Italys Auctions Short [...]
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Read More EURUSD Continue Holding Short
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Read More EURUSD Stay Short Aiming for October Low
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The Dow Jones FXCM Dollar Index broke Fibonacci support in early US trade. However the relief rally is likely to be short lived. Read More USD Losses Accelerate as Stocks Surge Risk Rally to be Short Lived
Posted in FX News | Tagged accelerate, as, be, lived, losses, rally, risk, short, stocks, surge, to, usd
Read More Short Aud Usd from 10550
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