Confidence among U.S. consumers climbed to 76.4 in April,the highest level since March 2011, reflecting their optimism about the prospective strength of the economy and rising expectations on business conditions, employment and income. Read More April Consumer Confidence Hits 14month High, USD Pares Loss
Posted in FX News | Tagged 14month, april, confidence, consumer, high, hits, loss, pares, usd
The euro remained well supported despite a Spanish downgrade by S&P as dollar losses accelerated. Here are the setups we will be trading on USDJPY and EURUSD. Read More USD Decline Accelerates on Weak GDP BoJ Fails to Weaken JPY
Posted in FX News | Tagged accelerates, boj, decline, fails, gdp, jpy, on, to, usd, weak, weaken
The Dow Jones FXCM Dollar Index plummeted in North American trade after disappointing GDP data prompted a massive sell-off. Key levels to watch heading into next week. Read More USD Takes Nose Dive after Breaking Key Support Bearish Tone Prevails
Posted in FX News | Tagged after, bearish, breaking, dive, key, nose, prevails, support, takes, tone, usd
The Dow Jones FXCM Dollar Index is softer on the back of today’s FOMC interest rate decision with the greenback now testing critical daily support. Key levels to watch heading into Asia Pacific trade. Read More USD Advances Curbed By Cautious Bernanke ? 9900 Remains Critical
Posted in FX News | Tagged advances, bernanke, by, cautious, curbed, usd
USD is higher after rising political uncertainty in Europe and disappointing PMI’s sent risk sharply lower. European equities are broadly and significantly lower with most of the major indices down well over -2%, Asian markets finished in the red, and U.S. stock futures are currently down about -1%. The dollar Read More USD, JPY Gain [...]
Posted in FX News | Tagged amid, gain, jpy, pmis, political, soft, uncertainty, usd
FXstreet.com (Barcelona) – Following all the news surrounding the North Korean missile launch,… For more information, read our latest forex news. Read More Forex Initial USD sell off in Tokyo open
Posted in FX News | Tagged forex, in, initial, off, open, sell, tokyo, usd
USD is trading mixed against the majors ahead of today’s Fed speak. There is a slew of Fed officials set to talk today with Rosengren, Kocherlakota, Fisher, and Lockhart due. UST yields are lower across the curve and the 10-year yields look to be stabilizing above the 2.00% figure and Read More USD Mixed ahead [...]
Posted in FX News | Tagged ahead, fed, mixed, of, speak, usd
US markets remain on the defensive after Friday’s weaker than expected employment data. Key setups to watch on the USDJPY and EURUSD. Read More USD, Yen Outperform as NFPs Prompt Risk SellOff
Posted in FX News | Tagged as, nfps, outperform, prompt, risk, selloff, usd, yen
The greenback is struggling to hold its ground during the North American trade, with the Dow Jones-FXCM U.S. Dollar Index giving back the overnight advance to 10,022, but we may see the reserve currency regain its footing later today should Fed Chairman Ben Bernanke continue to soften his dovish tone for monetary policy. Read More [...]
Posted in FX News | Tagged boj, buying, jpy, offers, on, opportunity, policy, usd, vulnerable, weakness
The non-farm payroll report for March will be an important indication of how the market balances two key factors. If we have a report that comes in as expected with more than 200K jobs created in the month it shows that the momentum in the US economy continues Read More USD Preview NFP Should Give [...]
Posted in FX News | Tagged dollar, further, give, nfp, preview, should, support, to, usd
