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Monday, August 29, 2011

DailyFX - Forex Market News

DailyFX - Forex Market News


FOREX: US Dollar Losses After Bernanke Speech May Be Short-Lived

Posted: 29 Aug 2011 12:01 AM PDT

The US Dollar fell along with the Franc and Yen amid fading safe-haven demand in the aftermath of Ben Bernanke’s speech last Friday. This may not prove lasting.

Dollar Index Weekly Chart Points to Further Losses

Posted: 28 Aug 2011 11:57 PM PDT

In the early week post-Bernanke the greenback is once again on the back foot with no end in sight….

Euro Rallies to Clear Key Resistance Post Bernanke

Posted: 28 Aug 2011 11:21 PM PDT

The Euro has taken out some key resistance on Monday to warn of a fresh upside extension and major breakout. However, we still take the price action with a grain of salt.…
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