Posts Tagged ‘ Daily ’

The market reaction to the Feds policy outlook was initially mixed, turning against the dollar an hour after the release. We will expect more volatility throughout the next 48 hours as more economic news hits the market. Dont be surprised to see more wild swings. We are looking forward to NFP to set/confirm the...
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FOMC Statement Holds Few Surprises, Higher-Yielders Hold Overnight Gains vs Greenback Wednesday – November 4th, 2009 Recap: The reaction to the FOMC statement was muted as policy makers held closely to their previous statement. The Euro did test the 1.49 area in the releases aftermath. The Fed statement showed that while economic activity has...
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We may now be seeing the final leg down in favor of the dollar. Initially, price action during the Asian session and during the first several hours of the London session was dollar bearish and we anticipated a further retracement, perhaps as high as 1.4100 vs. the euro; however, it all turned around and...
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We had a very exciting Friday to wrap up the week. Just as everyone thought Thursdays strong performance would continue the bearish dollar and bullish equity trends, Friday packed a strong punch made everyone wonder? We remained short on our EUR/USD and GBP/USD trades; our bias remains long dollars, but we must follow price...
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Forex: EUR/USD soars to new daily highs FXstreet.com (Córdoba) – The Euro jumped in the last hour as the Swiss Franc weakened surprisingly across the board. EUR/USD rose to 1.1985, reaching a fresh intra-day high. The pair has risen so far more than 60 pips in the last hours. Read more on The Forex...
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Forex: EUR/AUD retreating from daily highs FXstreet.com (Córdoba) – The Australian dollar is recovering some of the lost ground against the Euro after the pair reached a fresh 8-day high at 1.4738. Read more on The Forex Market
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Hi everyone. Aside from the Yen, which lost a lot of ground after newly appointed Japanese finance minister Naoto Kan said he prefers the Yen to continue its current decline, the markets remained within ranges, most likely waiting for the NFP release later today. We do expect the data to possibly cause a breakout,...
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Daily Sound Bites 06.04 DAILY SOUND BITES A daily review of comments from selected officials across the globe and their respective insights into global macro economics as related to the foreign exchange market ….   Written by Joel Kruger, Technical Currency Strategist for DailyFX.com   If you wish to receive Joel’s reports in a...
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Alistair Cotton is a Corporate Dealer at Currencies Direct UK, lends us his expertise on a daily basis. Foreign Exchange (FX) Market analysis is a daily market overview and commentary
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Daily Sound Bites 06.03 DAILY SOUND BITES A daily review of comments from selected officials across the globe and their respective insights into global macro economics as related to the foreign exchange market …. Read more on Daily FX via Yahoo! Finance
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Daily Forex Trading Tips The popularity of forex currency trading system continues to grow as more and more people have realized the potential income that they can earn from forex trading. With a massive daily profit of $1.5 trillion, forex trading has definitely surpassed the combined profits of bond market and global stock market....
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Your Source for Daily FOREX Market News and Analysis Interested in building your own SSI-based strategy? Request SSI data on our forex forum . Sharply indecisive forex market price action has left currency trader sentiment on the Euro and US Dollar effectively neutral, warning that a return to volatility could force substantial moves in...
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