Read More Canadian Dollar Trendline Turns back Bears USDCAD Bulls
Posted in FX News | Tagged back, bears, bulls, canadian, dollar, trendline, turns, usdcad
Source: SocGen Enlarge For more information, read our latest forex… For more information, read our latest forex news. Read More Forex Flash Fed turns more dovish in 2012 SocGen
Posted in FX News | Tagged 2012, dovish, fed, flash, forex, in, more, socgen, turns
The Euro rally has turned into a bit of a rout as ebullience on a “successful” Italian bond auction faded in the wake of other, more troubling news. The unbearable wait for intervention continues. Yesterday we asked whether this “turbo squeeze” in risk would continue or fade quickly and suggested that Read More EURUSD Rally [...]
Posted in FX News | Tagged eurusd, for, it, now, rally, tail, that, turns, was
While Europe is still suffering due to the debt crisis, the outlook is slightly brighter for the US ? and the Chinese economy continues to look strong, supported by a sharp fall in inflation. Italy was dealt a serious blow in the past week, as government bond yields spiked above 7.5%. The Read More Weekly [...]
Posted in FX News | Tagged focus, italy, spotlight, to, turns, weekly
News that German Chancellor Angela Merkel had cancelled a planned statement regarding this weekend’s EU summit slammed risk appetite with the euro sliding early in the session. Subsequently the dollar has gone on the offensive as investors seek haven. Read More Hopes for Euro Resolution Diminish Dollar Climbs as Sentiment Turns
Posted in FX News | Tagged as, climbs, diminish, dollar, euro, for, hopes, resolution, sentiment, turns
FXstreet.com (California) – The U.S. dollar is extending declines against the Hong Kong dollar for… For more information, read our latest forex news. Read More Forex USD HKD well under pressure as Asia turns decidedly risk on
Posted in FX News | Tagged as, asia, decidedly, forex, on, pressure, risk, turns, under, usdhkd, well
The US dollar steadied against its major counterparts as focus turns to Friday’s speech by the Fed Chairman Ben Bernanke at the Jackson Hole. Investors around the world will be closely watching Bernanke’s words and whether a third round of quantitative easing will be announced. Against the Japanese yen, the Read More Focus Turns To [...]
Posted in FX News | Tagged at, bernankes, focus, hole, jackson, speech, to, turns
Friday marked another volatile day for traders, as continuing equity market weakness pushed USDJPY to fresh record lows of 75.96 and gold surged to new all-time highs. At the start of this week, USDJPY?s moves have been countered by renewed verbal intervention from Finance Minister Noda, but gold?s rally has Read More FX Market Attention [...]
Posted in FX News | Tagged at, attention, bernanke, fx, hole, jackson, market, speech, to, turns
US politicians face a ‘hot weekend’ in Washington as the focus of financial markets turns squarely to the fraught talks aimed at preventing the American government defaulting on its debts. Read More US debt crisis Greek deal turns up the heat on Barack Obamas talks
Posted in FX News | Tagged barack, crisis, deal, debt, greek, heat, obamas, on, talks, the, turns, up, us
In Asia, the BoJ kheld the policy rate unchanged at 0.1% as was universally expected. However, the bank has decided to launch a new loan facility with a ceiling size of JPY 1 trn, for banks located in the earthquake damaged region. Let?s just move right to the critical issue Read More Portugal Turns To [...]
Posted in FX News | Tagged a, bailout, eu, for, portugal, the, to, turns
