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Thursday, March 31, 2011

DailyFX - Forex Market News

DailyFX - Forex Market News


FOREX: Euro Gains at Risk as Inflation Stalls, Ireland Prints Stress Test Results

Posted:

The Euro may find itself under heavy selling pressure as inflation stalls for a third month, trimming rate hike bets, while Ireland releases a dour set of stress test results.

USD Graphic Rewind: Dollar Index Falls On Bini-Smaghi Comments

Posted:

The greenback notched up a second consecutive day of losses as interest rate speculation moved back to centre stage…..

Overall Price Action Continues to Show the USD Under Pressure

Posted:

Demand for the US Dollar has been less than impressive and the Greenback continues to get hit on any form of a rally…

FOREX: US Dollar Falls Despite Supportive Data – What is needed for USD Bounce?

Posted:

The US Dollar fell against all major currencies except the similarly downtrodden Japanese Yen, sinking on impressive gains in the Dow Jones Industrial Average and broader ‘risk’. What is needed for a lasting bounce?

USD/CAD: Trading the Canada GDP Report

Posted:

Canada’s growth rate is expected to increase at an annualized pace of 3.1% in January, and the slower pace of economic expansion could bear down on the exchange rate as the central bank maintains a cautious outlook for the region.

Guest Commentary: What will be Japan's choice in supplying its energy demands?

Posted:

The adverse affects of the tsunami attack on Japan's economy are far from over. Nonetheless, Japan will need to look towards importing energy sources to replace the power loss in the nuclear reactors.

Forex: Euro Battered By Heightening Risks, British Pound To Hold Narrow Range

Posted:

Fears surrounding the European banking system weighed on the single-currency as market participants expect the results of the EU stress test to show an impending need for fresh capital, and the euro is likely to face additional headwinds over the near-term as the region struggles to contain the risk for contagion.
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