Both the IMF and G8 crosses crowded the wires this morning; but did these comments drive the yen to its market-wide breakout? ? Stories To Watch on DailyFX -?????????????? Whether you are a technical, fundamental or quant traders, our monthly forecasts will guide your outlook
The RBA holds rates and confirms the Australian dollar’s strength; but risk trends may have the final say on price action for this commodity currency and the rest of the Forex market. ? Stories To Watch on DailyFX -?????????????? Whether you are a technical, fundamental or quant traders, our monthly forecasts will guide your outlook. -???????????????Want to find up-to-the-minute news on the currency market
The euro rallied for a test of 1.4010 against the US dollar today, and while the currency ended the day up against most of the majors, there are longer-term…
The US dollar and Japanese yen fell this afternoon as risk appetite picked up on reports that the Federal Reserve has decided to scale back some of their…
Over the past 24 hours, the currency market (and indeed most risk-attuned securities) has produced sharp reversals. This may seem like the beginnings of…
The European Central Bank is widely expected to hold the benchmark interest rate steady at the record-low of 1.00%, and is anticipated to announce the…
Forex options markets currently show traders are the most bearish the US Dollar in the past calendar year—bolstering the case for a noteworthy US dollar…
The second revision of Euro Zone Gross Domestic Product is expected to confirm that the currency bloc’s economy shrank -2.5% through the first quarter,…
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Forex Wrapup 06.02.09
The last 2 days’ highs have touched the top of a channel and the 50% retracement of the decline from 107.24-70.85. Although above the 200 day SMA, the…
