What I See in FX Market
$EURUSD What ProAct Forex Target Traders See: We are currently sitting @ 1.0607 and back in the down trend. We are looking for the downside target at the S6 @…
EURUSD Largest Weekly Decline Since September 2011
The EURUSD declined every day this week and the performance is the worst since the week of September 9th, 2011. The line that extends off of the 2008 and 2010…
Australian Dollar May Turn Lower on Jobs Data, China Growth Slump
The Australian Dollar appears vulnerable to renewed weakness as soft jobs data and a slump in Chinese GDP growth stoke RBA interest rate cut speculation.
EUR/USD: critical support at 1.0550
EUR/USD Current price: 1.0601 View Live Chart for the EUR/USD The dollar closed the week with a strong tone against most of its rivals, backed up by the release of…
Forex Weekly Forecast: US Dollar Surges, but for How Much Longer?
The US Dollar surged on a big jump in yields, but appetite for further USD buying is fading given already one-sided positions. Does it have anything left for the coming…
Forex – USD/CAD weekly outlook: April 13 – 17 – Nasdaq
NasdaqForex - USD/CAD weekly outlook: April 13 - 17NasdaqInvesting.com - The Canadian dollar notched up modest gains against the broadly stronger U.S. dollar on Friday, boosted by small gains in…
Any Euro Rally on ECB Economic Optimism to Prove Short-Lived
The ECB can’t risk being too positive about recent economic developments, otherwise it risks upsetting capital markets – mainly bond and equity investors.
Have Short Sellers Given Up On Solar Stocks?
Short sellers shied away again from many of the leading U.S. solar-related stocks between the March 13 and March 31 settlement dates. The most significant downswings in short interest in…
Average US rate on 30-year mortgage falls to 3.66 percent
WASHINGTON (AP) — Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.