DailyFX - Forex Market News |
- FOREX: Euro Looks to Italy Debt Sale for Direction, Pound May Rise
- Consolidation is the Name of the Game for the Dollar Index
- Rallies in Risk Assets Not to be Confused with Rallies in Sentiment
- Dollar Jumps to Five Month High and Promptly Stalls
| FOREX: Euro Looks to Italy Debt Sale for Direction, Pound May Rise Posted: 12 Sep 2011 11:53 PM PDT The Euro is looking to the outcome of an Italian bond sale for direction amid rumors of Chinese involvement. The Pound may rise as inflation accelerates. |
| Consolidation is the Name of the Game for the Dollar Index Posted: 12 Sep 2011 10:41 PM PDT |
| Rallies in Risk Assets Not to be Confused with Rallies in Sentiment Posted: 12 Sep 2011 10:09 PM PDT Although we have seen a bit of a bounce in risk correlated assets over the past few sessions we would not attribute these gains to any legitimate pickup in sentiment… |
| Dollar Jumps to Five Month High and Promptly Stalls Posted: 12 Sep 2011 07:39 PM PDT Expectations that momentum would hold over from the previous week and financial headlines were keeping the fires stoked over the weekend led many to believe the capital markets would open to a massacre Monday. In turn, the subsequent appeal for liquidity-at-any-price would give the dollar another boost. |
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