.

{2} GoogleTranslate (H)

English French German Spanish Italian Dutch Russian Portuguese Japanese Korean Arabic Chinese Simplified

Our New Stuff

{3} up AdBrite + eToro

Your Ad Here

Tuesday, May 3, 2011

DailyFX - Forex Market News

DailyFX - Forex Market News


USD Graphic Rewind: Dollar Index Points to Short-Term Base; We're Not Buying It

Posted:

The greenback remains under the cosh as currencies continues to hit fresh multi-month and multi-year highs…..

Crude Oil to Follow Stock Prices Higher, Gold May Fall on Easing Inflation Bets

Posted:

Crude oil is likely to follow stocks higher as traders capitalize on the last weeks of QE2, while gold may turn lower amid fading inflation expectations.

USD Rallies in Asia/Europe and Sells Off into North America; Will it Continue?

Posted:

There seems to be a pattern every day of some early USD buying in Asia and Europe before the buck eventually gets sold aggressively into North America. We wonder whether this will continue into Tuesday…

FOREX: Dollar Finds Little Encouragement in ISM Factory Report, but Currency Quick to Follow Risk Aversion

Posted:

It wasn’t a very convincing performance, but the US Dollar Index put in for its first positive daily close in six trading sessions. Measuring conviction, we can see in Dollar Index futures that volume pick up from Friday’s lull; but the rebound in activity was far from the robust performance that would indicate a changing of the guard.

Dollars Advance Lacks Conviction as Bin Laden Euphoria Fades

Posted:

News of the demise of terrorist mastermind Osama Bin Laden gave lift to the US dollar today with the index managing to close above the 73-handle.

NZD/USD: Trading the New Zealand Employment Report

Posted:

Employment in New Zealand is projected to increase 0.6% in the first-quarter after contracting 0.5% during the last three-months of 2010, and the rebound in the labor market should spark a bullish reaction in the high-yielding currency as the region skirts a double-dip recession.

Forex Strategy Outlook: Breakout Strategies Favored Ahead of NFP's, ECB

Posted:

A US Dollar at multi-year lows, key US Nonfarm Payrolls data, and a number of central bank decisions set the stage for a highly volatile week of price action—favoring Breakout trades in the days ahead.

Guest Commentary: Bin Laden Killed, Silver Falls - Gold & Silver Outlook 05.02.2011

Posted:

Gold and silver started off the first day of the month with mixed trend as gold prices are moderately rising and silver prices are moderately declining.

U.S. Dollar Pares Overnight Advance Even As ISM Manufacturing Tops Forecast

Posted:

As the U.S. dollar index pares the overnight advance to 73.29, the downward trend in the USD may gather pace in May as it continues to pare the rebound from back in 2008.

Forex: Euro, British Pound To Face Range-Bound Price Action Ahead Of Rate Decisions

Posted:

The Euro retraced the overnight decline to 1.4762, but the rebound in the single-currency may taper off going into the North American trade as the exchange rate maintains the narrow range from the end of the previous week.

Guest Commentary: USD Loses More Ground Against CAD and Other Majors

Posted:

Trend remains down for the USD against the CAD...and continues to lose ground against the EUR, GBP, JPY, AUD and NZD as well. The CAD, AUD and NZD, all commodity related currencies, are pummeling the USD.

FOREX TREND MONITOR: Fed Sets Expiration Date on US Dollar Downtrend

Posted:

  • EURUSD: Euro Poised to Follow Risky Assets Higher, 1.50 in Sight
  • GBPUSD: Pound to Underperform as Bank of England Stays on Hold
  • USDJPY: Yen Gains Likely as US Yields Remain Under Pressure
  • CAD, AUD, NZD: Risk Appetite to Keep Comm Dollars Elevated
.

0 comments:

Post a Comment

previous home Next

{8} chatroll


{9} AdBrite FOOTER

{8} Nice Blogs (Adgetize)