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
Gold fell back from a record high of $1444.95 to mark the first weekly decline since the end of January, and the short-term reversal may gather pace going into the middle of March as global investors diversify away from the bullion. Read More Gold Outlook Turns Bearish On US Dollar Strength
Posted in FX News | Tagged bearish, dollar, gold, on, outlook, strength, turns, us
EURUSD: Sellers Eye Push Below 1.30 GBPUSD: Sell Entry Sought on Upswing USDJPY: Ranges Hold But Bias Bullish USDCAD: Parity in Sight Once Again AUDUSD: Secular High Back in Play NZDUSD: Short Trade Eyed Near 0.75 Read More US Dollar Outlook Turns Mixed vs Major Currencies
Posted in FX News | Tagged currencies, dollar, major, mixed, outlook, turns, us, vs
FXstreet.com (Barcelona) – The Bureau of Economic Analysis released a bundle of data today. The… For more information, read our latest forex news. Read More US GDP turns out below expectations
Posted in FX News | Tagged below, expectations, gdp, out, turns, us
<Teaser> Read More Dollar Turns to FOMC Meeting to Confirm or Counter New Bear Trend
Posted in FX News | Tagged bear, confirm, counter, dollar, fomc, meeting, new, or, to, trend, turns
EURUSD – Euro Forecast Turns Bullish Against US Dollar GBPUSD – British Pound Bias Calls for Weakness USDJPY – Japanese Yen Forecast to Gain Further USDCHF – Swiss Franc Likely to Strengthen against Dollar USDCAD – Canadian Dollar May Appreciate Against USD GBPJPY – British Pound Forecast to decline Against Japanese Yen View individual currency [...]
Posted in FX News | Tagged bearish, dollar, euro, Forecast, japanese, turns, us, vs, yen
The Bank of England purchased more corporate bonds in May and June under its quantitative easing programme to push cash into the economy as companies struggled with the sovereign debt crisis. Read More Business turns to Bank of England for funding
Posted in FX News | Tagged bank, business, england, for, funding, of, to, turns
What a difference a day makes. The markets have easily shrugged off downbeat comments from Ben Bernanke on Wednesday, and the accompanying disappointment that the Fed Chair would not introduce new forms of accommodative measures Read More Sterling Outperforms on GDP Beat Focus Turns to StressTests
Posted in FX News | Tagged beat, focus, gdp, on, outperforms, sterling, stresstests, to, turns
