EURUSD: Looking to Add to Short Position USDJPY: Bullish Reversal Signals Remain GBPUSD: Sellers Challenge Range Support USDCAD: Long Trade Triggered Above 1.02 AUDUSD: Weakness Hinted at 1.05 Mark NZDUSD: Candles Point to Turn Downward Read More US Dollar Strength Expected as 2012 Approaches
Posted in FX News | Tagged 2012, approaches, as, dollar, expected, strength, us
Market sentiment picked up on Wednesday amid easing finance costs in Europe, but the rise in risk appetite could be short-lived as the fundamental outlook for the global economy turns increasingly weak. Read More Euro Strength To Be ShortLived, Sterling Eyes 15400
Posted in FX News | Tagged 15400, be, euro, eyes, shortlived, sterling, strength, to
US equities and the dollar ended mixed on Tuesday as volumes were light across asset classes with UK financial markets closed and many US traders off on extended holiday breaks. SEK and GBP outperformed versus USD in the G10 space while NZD and AUD underperformed against the greenback with losses Read More Lighter Volumes But [...]
Posted in FX News | Tagged building, but, for, lighter, mt, setting, stage, strength, tensions, the, usd, volumes
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 Swiss franc gained today as many traders remained unconvinced about ability of the European leaders to find a cure for the region’s failing economy, driving Forex market participants to the perceived safety of the Swiss currency.(…)Read the rest of Franc Finds Strength in Fears of European Crisis (87 words) Posted on Forex News. Read More Franc Finds Strength in Fears of European Crisis
Posted in FX News | Tagged crisis, european, fears, finds, franc, in, of, strength
The Canadian dollar erased its previous losses today as the global equities rallied, easing concerns for the world economy and improving prospects for growth-related currencies.(…)Read the rest of CAD Regains Strength as Stocks Advance (190 words) Posted on Forex News. Read More CAD Regains Strength as Stocks Advance
Posted in FX News | Tagged advance, as, cad, regains, stocks, strength
The rebound in the EUR/GBP and the EUR/CAD may gather pace as both pairs maintain the range-bound price action from earlier this year, but the euro may trade heavy over the remainder of the week as market participants see the European Central Bank scaling back the rate hikes from earlier this year. Meanwhile, the Japanese [...]
Posted in FX News | Tagged cross, euro, gather, hold, pace, range, rates, strength, to, yen
The greenback continued to appreciate against its major counterparts on Monday, and the near-term rally may gather pace in the days ahead as market participants scale back their appetite for risk. Read More USD Rally Overbought, Yen Strength Heightens Risk Of BoJ Intervention
Posted in FX News | Tagged boj, heightens, intervention, of, overbought, rally, risk, strength, usd, yen
The idea that additional risk liquidation in the FX markets will continue to benefit the Yen is faulty and we project that the highly overvalued currency will soon fall off a cliff… Read More Yen Strength Offering Highly Attractive Opportunity to Contemplate Short
Posted in FX News | Tagged attractive, contemplate, highly, offering, opportunity, short, strength, to, yen
The greenback was broadly mixed amid several economic data releases in the NY session. The Swiss franc was the strongest performer, up about +1.79% against the buck at time of writing as officials appeared to downplay policy response with regards to the exchange rate. Swiss Economy Minister Schneider-Ammann spoke today Read More CHF Strength Resumes, [...]
Posted in FX News | Tagged canadas, chf, economy, resumes, shrinks, strength
