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Monday, May 2, 2011

DailyFX - Forex Market News

DailyFX - Forex Market News


USD Graphic Rewind: China PMI, bin Laden Killing Present Bullish Outside Day Opportunity

Posted:

The greenback could be in the process of carving out a bullish outside day, the result of which could spark the formation of a short-term base…..

FOREX: US Dollar Gains on Bin Laden Death News Likely Fleeting

Posted:

The US Dollar is unlikely to hold on to gains scored followed news that Osama bin Laden has been killed as familiar trends re-emerge after the euphoria subsides.

Osama Dead; Currencies and Commodities Initially Lower While Equities Bid

Posted:

The market reaction to the news of the death of Osama Bin Laden has so far benefited the US Dollar in early Monday trade. However, the USD has already been well offered and we could just as easily be seeing some natural short-term profit taking…
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