Recent forex news items are listed below
The US labor market report released Friday looks much more average after a second glance over the weekend.
Crude oil and gold may rise on improving risk appetite and swelling inflation expectations amid optimism about the resilience of the US economic recovery.
$EURUSD What Forex Target Traders See: We are currently sitting @ 1.3003 (almost where we started...
The US dollar had another roaring week, climbing higher against most currencies as US data shows...
USDJPY: 95.99 Short-Term Trend: uptrend Outlook: The suggested long strategy in our last update has...
Friday's close was a volatile exclamation point on exceptional drives from the broader FX market.
US equities have hit a record, the USDollar has posted a record rally and EURUSD is mixed.
Perhaps the only thing more remarkable from the market's this past week than the Dow Jones Industrial Average hitting a record high was the US dollar's incredible run.
The Australian Dollar looks likely to advance as ebbing RBA interest rate cut expectations open the door for returning support from swelling risk appetite.
The US dollar extended its incredible performance this past week.
The New Zealand Dollar fell slightly over the past week to close at 0.8218 Friday.
All eyes are on the Reserve Bank of Australia in the week ahead, with traders facing conflicting cues about the likelihood of another interest rate cut.
Our neutral bias over the past two weeks has been well warranted with gold holding a tight range below key interim resistance at $1585.
The Japanese Yen tumbled to fresh lows as a surge in US Treasury Yields took the USDJPY to its highest since 2009.
The British Pound fell to fresh multi-year lows versus the US Dollar (ticker: USDOLLAR) as a considerably better-than-expected US Nonfarm Payrolls report pushed the GBPUSD below the psychologically significant $1.50 mark.
The Euro was one of the worst performing currencies this past week, only outpacing the lowly Japanese Yen by +0.45%, while shedding a modest -0.86% against the top Canadian Dollar, and -0.78% against the reinvigorated US Dollar.
One gets the sense based solely on news outlets that the EURUSD collapsed this week.
Traditional volatility measures (like the VIX) are easing back, but activity in the FX market is certainly picking up.
Broadening Patterns take place when volatility is high and can often precede a major move in the market that you can trade.
Instruments covered today: USD/JPY, GBP/USD, EUR/GBP & NZD/USD
Portuguese outlook rating upgraded A major turn in Europe Following in the footsteps of...
In our Anglo-Saxon, Cartesian driven advanced industrialized world, facts rule.
Abenomics is simply another excuse to dive into carry trades as the risk on/risk off market...
Bottom line: The US labour market continues to grow at a robust pace with nonfarm payrolls up by...
Economic Data - (CL) Chile Feb CPI M/M: 0.1% v 0.3%e; Y/Y: 1.3% v 1.5%e; CPI Ex Perishables &...
While job growth surprised on the upside in February, the overall trend is broadly unchanged, with...
Resistance: 1.0275 moderate/1.0302 strong/1.0319 moderate Support: 1.0258 minor/1.0231 minor We...
Reactions to Canadian and US Jobs Data Today, we had employment data from Canada, and the highly...
The outliers are always the most exciting when it comes to payrolls and that is what we got in this...
Polish Zloty (EUR/PLN) MPC cuts rates by 50bp It was a truly interesting week on the currencies...
Cable remains within a downtrend from the 1.6380 high to at least 1.4705.
In a relatively light but overall constructive data week, it has been the central banks that...
Market movers ahead We expect retail sales in the US to show only a slight increase in February....
EUR/JPY 1H chart 3/8/2013 8:08AM EST Bearish Divergence: The EUR/USD is showing a bearish...
This time, market players had decided to go with dollar strength: outstanding NFP numbers sent...
What budget sequestration? The US economy is adding jobs at an increasingly faster rate, with the Unemployment Rate now at its lowest level since December 2008.
Resistance: 1.0258 strong/1.0298 moderate/1.0329 minor Support: 1.0227 moderate/1.0187 minor/1.0156...
Economic data keeps on being very positive and very supportive of our optimistic scenario.
Outlook: We complained yesterday that news from central banks was boring.
Resistance: 1.0298 moderate/1.0329 minor/1.0368 minor Support: 1.0258 strong / 1.0227...
S&P 500 (Mar 13) INTRADAY Review We expected the data ECB rate announcement yesterday to be...
Good day. And a Happy Friday to one and all!