DailyFX - Forex Market News

---

• FOREX: Earnings Calendar in Focus as Currencies Track Stock Markets
• FOREX: Dollar: Why a Downgrade to the US Outlook Can Actually Help the Greenback
• RBA Minutes Suggests More Cautious Policies, Australian Dollar Weakens
• Guest Commentary: Australia: Danger Lies Ahead – Part II
• USD/CAD: Trading the Canadian Consumer Price Report
• Forex Strategy Outlook: S&P Downgrade Lifts Volatility, Favors Breakout Trades
• Guest Commentary: Weekly Outlook April 18 - 22
• Forex: Euro Threatens Upward Trend, British Pound To Hold Range Ahead Of BoE Minutes

FOREX: Earnings Calendar in Focus as Currencies Track Stock Markets Posted: Currency markets are locked in consolidation following yesterday’s volatility, with traders looking to the corporate earnings calendar to set the tone from here.

FOREX: Dollar: Why a Downgrade to the US Outlook Can Actually Help the Greenback Posted: The US dollar and broader capital markets were jolted Monday by Standard and Poor’s revised outlook for the United States’ sovereign credit rating. This unprecedented shift in confidence for the long-established safe haven for the global financial markets accompanied dramatic volatility in equities, commodities, fixed income and especially currency markets.

RBA Minutes Suggests More Cautious Policies, Australian Dollar Weakens Posted: The central bank’s newly released minutes suggest slower growth, even with higher inflation and stronger labor markets. Reports on a possibly slowing Australian economy after unprecedented growth drive AUDUSD slightly lower.

Guest Commentary: Australia: Danger Lies Ahead – Part II Posted: Recently, the ‘risk-trade’ came under severe pressure on the heels of the earthquake and nuclear threat in Japan. Broad selling in ‘all-things-risk’ pushed the AUDUSD below multi-month support, but only temporarily, as it alongside other risk assets has since rebounded sharply. Impressively, the Aussie sits perched at a 29-year high at over 1.05, providing little reason at this time to place bearish wagers.

USD/CAD: Trading the Canadian Consumer Price Report Posted: Consumer prices in Canada are projected to increase at an annualized rate of 2.8% in March, and the faster pace of inflation could spark a bullish reaction in the loonie as investors speculate the central bank to normalize monetary policy further over the coming months.

Forex Strategy Outlook: S&P Downgrade Lifts Volatility, Favors Breakout Trades Posted: S&P’s downgrade on outlook to the US sovereign credit rating has sparked an important jump in forex market volatility expectations, pointing to volatility-friendly trading strategies in the week ahead.

Guest Commentary: Weekly Outlook April 18 - 22 Posted: Here is a weekly outlook for April 18th to 22nd presenting the main news items and reports related to US, Canada, Australia and Europe.

Forex: Euro Threatens Upward Trend, British Pound To Hold Range Ahead Of BoE Minutes Posted: The EUR/USD threatened the upward trend from earlier this year as the European Central Bank talked down speculation for higher interest rates in the first-half of 2011, and heightening fears surrounding the sovereign debt crisis may continue to bear down on the exchange rate as policy makers struggle to contain the risk for contagion.

You are subscribed to email updates from DailyFX - Forex Market News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610

.