Forex

USDJPY Back Under 80.00 as EZ Concerns Grow; Where’s the BoJ?

Fundamental Forecast for Japanese Yen: Bearish Yen Top Performer as Aussie, Euro Stabilize; Sterling Tumble Continues Dollar, Yen Aim Higher as Risk Appetite Continues to Evaporate Yen Clears 79.50, Bullish Formation To Take Shape The Japanese...

 

British Pound To Face Further Losses On Slowing Inflation, Dovish BoE

Fundamental Forecast for British Pound: Bullish GBPUSD: Waiting to Enter Short Position British Pound Searches For Support BoE Cites Increased Risk of Disorderly Euro Outcome as Greatest Threat to UK The dovish tone struck by the Bank of...

 

Canadian Dollar Primed to Outperform Struggling AUD, EUR, NZD

Fundamental Forecast for Canadian Dollar: Neutral Risk Correlated Assets Begging for Relief But No Real Sign of Bottom Yet USDCAD Breakout is Valid Loonie Remains Strong After Canada’s April Inflation Rose More Than Forecast The Canadian...

 

Australian Dollar Vulnerable To Risk Trends, Rate Expectations

Fundamental Forecast for Australian Dollar: Bearish AUDUSD: Opting to Pass on Short for Now Risk Correlated Assets Begging for Relief But No Real Sign of Bottom Yet AUDUSD Makes a Clean Break – Targets 9860 The Australian dollar slipped...

 

USD Index Carving Top In May, AUD Eyes November Lows

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10117.01 10154.53 10106.53 0.03 104.88% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.03 percent higher...

 

Guest Commentary: Gold & Silver Daily Outlook 05.18.2012

Gold and silver took a sharp turn and sharply rose yesterday. Gold recorded the sharpest single day gain this year (UTD). The Philly Fed Index tumbled down to -5.8 in May; this news may have rallied bullion prices but traded down U.S stock...

 

Euro Tests For Support Ahead Of G8 Summit, Sterling To Lag Behind

Talking Points Euro: Remains Oversold, Germany Vows Additional Assistance For Greece British Pound: Rebounds Ahead Of Key Event Risks, BoE Posen Mulls More QE U.S. Dollar: Index Falls Back From Fresh 2012 High Ahead Of G8 Summit Euro: Remains...