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US Dollar Consolidates, Pullback Still Possible This Week (Forex Video)

August 19th, 2008 by

Forex traders remain hesistant to sell the US dollar, but with event risk out of the US, Euro-zone, Japan and Australia looming in the next 24 hours, there…

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US Dollar Consolidates, Pullback Still Possible This Week (Forex Video)

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Japanese Yen: Still Mixed Across the Majors, Upside Risk Remains for the Low-Yielder

August 16th, 2008 by

The Japanese yen saw an exceptionally wild week of trading, rocketing more than 1 percent higher against most of the majors while tumbling almost 1.5 percent…

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Japanese Yen: Still Mixed Across the Majors, Upside Risk Remains for the Low-Yielder

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British Pound Recovers Following Early Morning Test of 1.8520

August 16th, 2008 by

Following an early morning test of 1.8520, the British pound finally managed to gain on Friday as the currency remains extremely oversold. In fact, as…

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British Pound Recovers Following Early Morning Test of 1.8520

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Euro Hits Fresh 6-Month Low

August 16th, 2008 by

The Euro continued its collapse on Friday, hitting fresh 6-month lows near 1.4660 as interest rate expectations remain in control. Indeed, Credit Suisse…

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Euro Hits Fresh 6-Month Low

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Canadian Dollar, New Zealand Dollar Surge Despite Drop In Commodities

August 16th, 2008 by

The New Zealand dollar and Canadian dollar both rallied against the US dollar on Friday - despite broad declines in commodity prices - as the overbought…

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Canadian Dollar, New Zealand Dollar Surge Despite Drop In Commodities

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DailyFX.com Chief Strategist Antonio Sousa Picks: Short EUR/USD

August 12th, 2008 by

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DailyFX.com Chief Strategist Antonio Sousa Picks: Short EUR/USD

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Japanese Yen Surges As Carry Trades Remain Weak, USD/JPY Breaks Above 110

August 9th, 2008 by

The Japanese yen rose across the majors on Friday, though the low-yielder actually weakened versus the greenback, as traders sell high-yielding and risky…

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Japanese Yen Surges As Carry Trades Remain Weak, USD/JPY Breaks Above 110

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Forex in 60 Seconds - Dollar Builds To A Major Breakout, Interest Rates The Topic Next Week

August 9th, 2008 by

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Forex in 60 Seconds - Dollar Builds To A Major Breakout, Interest Rates The Topic Next Week

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Gold, Oil Price Declines Weigh On Commodity Bloc, Loonie Hit By Labor Market Data

August 9th, 2008 by

The commodity dollars like the Australian dollar, New Zealand dollar, and Canadian dollar all remained weak on Friday thanks to sharp declines in oil and…

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Gold, Oil Price Declines Weigh On Commodity Bloc, Loonie Hit By Labor Market Data

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British Pound Suffers At Hand of Dollar Rally â?? Critical Support Near 1.90

August 9th, 2008 by

Though there was no data on hand out of the UK on Friday, the British pound continued its descent versus the greenback.

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British Pound Suffers At Hand of Dollar Rally â?? Critical Support Near 1.90

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US Dollar, Euro: Who Needs Intervention When You Have ECB President Trichet?

August 9th, 2008 by

If you didn?t believe the US dollar could last on Thursday, you probably changed your mind on Friday as the US dollar rally went on undisturbed and broke…

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US Dollar, Euro: Who Needs Intervention When You Have ECB President Trichet?

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Canadian Ivey PMI Falls Less Than Expected In July, But Labor Component Contracts

August 6th, 2008 by

Canada’s Ivey Purchasing Managers Index fell less than expected to a reading of 65.5 from 69.6, versus consensus forecasts of a drop to 61.0, but nevertheless…

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Canadian Ivey PMI Falls Less Than Expected In July, But Labor Component Contracts

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Forex in 60 Seconds - A Fed, ECB, BoE And RBA Rate Decisons Promise Volatility Next Week

August 2nd, 2008 by

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Forex in 60 Seconds - A Fed, ECB, BoE And RBA Rate Decisons Promise Volatility Next Week

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British Pound Remains Weak - Will the Downtrend Target 1.97?

August 1st, 2008 by

While the British pound traded primarily on the whims of the greenback, the release of UK housing data did little to boost the currency as Nationwide home…

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British Pound Remains Weak - Will the Downtrend Target 1.97?

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Euro Slide May Continue On German Retail Sales, Swiss CPI Hits Nearly 15-Year High

August 1st, 2008 by

Despite a pop higher during the US trading session, the Euro remains soft following a morning of mixed economic data.

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Euro Slide May Continue On German Retail Sales, Swiss CPI Hits Nearly 15-Year High

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