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…
European markets closing the week on higher note
European markets are trading higher this morning and set to end the week on a higher note on the back of mega mergers and sufficient liquidity in the market. This…
EUR/CHF Drops Below 1.21 – First Since Jan 2012
Time for the Swiss National Bank to wake up! EUR/CHF drops below 1.21 for first time since Jan 2013
Loonie and Aussie Share Downward Bond
In yesterday’s post (Tide is Turning for the Aussie), I explained how a prevailing sense of uncertainty in the markets has manifested itself in the form of a declining Australian…
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…
Squawk: Recorded some screencasts for the USD index and FX majors…
Recorded some screencasts for the USD index and FX majors going into this this week: USD Index : https://www.youtube.com/watch?v=HaHwHXO3pXI EURUSD : https://www.youtube.com/watch?v=lZCcyvtLrJU...
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.
Aussie, Kiwi Dollars Rise on Chinese PMI Data and Risk Appetite
The Australian and New Zealand Dollars advanced, bolstered by swelling risk appetite and an unexpected recovery in Chinese manufacturing activity.
Dollar Finds No Traction on Yellen?s Support for Hawkish Shift
Fed Chairwoman Janet Yellen delivered her testimony before the Senate Banking Committee Tuesday and the content of her remarks seemed to reinforce a position the market has been acclimating to:…
EUR/USD to Eye Resistance on Upbeat German Unemployment Report
A further improvement in German’s labor market may spur a near-term rebound in EUR/USD as it fosters an improved outlook for growth and inflation.
EURUSD Technicals Back in Focus- February Opening Range Setup
With the Greek headlines dying down, the technicals are back in focus as the weekly opening range sets up just above support. Updated targets & invalidation levels.
GBP/USD Continues to Test Resistance- NZD to Face RBNZ?s Wheeler
The near-term advance in GBP/USD could be coming to an end amid the string of failed attempts to push back above former support.