DailyFX - Forex Market News

---

• Dollar Index Consolidates Before Next Topside Extension
• FOREX: Euro May Rise on SNB Rate Decision But Outlook Still Bearish
• Dollar Maintains Chop, Tempers Trend as Fed Countdown Continues
• Euro Gains and Risk Sentiment Rallies Still Classed as Corrective
• As Markets Dismiss Headlines, EURUSD Volatility and Collapse Curbed
• US Dollar Holds Below Key Fibonacci Resistance- Rally at Risk, Part 2
• EUR/USD: Trading the U.S. Consumer Price Report
• USD Correction To Gather Pace, Yen Remains At Risk Of Intervention
• Euro Firms as Merkel Reassures Market on Greek Finances
• Guest Commentary: Gold & Silver Prices - Daily Outlook 09.14.2011
• Forex: USD Weighed By Risk Appetite, Euro Rebound To Accelerate
• Crude Oil, Gold Look to US Retail Sales Report for Direction

Dollar Index Consolidates Before Next Topside Extension Posted: 14 Sep 2011 11:30 PM PDT

FOREX: Euro May Rise on SNB Rate Decision But Outlook Still Bearish Posted: 14 Sep 2011 11:17 PM PDT The Euro may rise following the SNB policy announcement but the overall outlook for the single currency continues to favor losses in the weeks and months ahead.

Dollar Maintains Chop, Tempers Trend as Fed Countdown Continues Posted: 14 Sep 2011 10:39 PM PDT The tangible influence of underlying fundamental fears are waning; and the market is naturally backing off the volatility that had defined August as one of the most active months since the global financial crisis. This doesn’t mean that risk has evaporated however.

Euro Gains and Risk Sentiment Rallies Still Classed as Corrective Posted: 14 Sep 2011 10:32 PM PDT Any gains in risk correlated markets in recent sessions have come on news that has been les than inspiring and we continue to see risks to the downside over the coming days and weeks…

As Markets Dismiss Headlines, EURUSD Volatility and Collapse Curbed Posted: 14 Sep 2011 05:40 PM PDT Headlines can feed fear and greed; but a steady diet of news inevitably leads to complacency. Having hardened to repeated threats that Greece is nearing a hard default and the European crisis is hitting unsurvivable levels; we find EURUSD and capital markets ignored actual downgrades for French banks and a painful constriction on regional lending.

US Dollar Holds Below Key Fibonacci Resistance- Rally at Risk, Part 2 Posted: 14 Sep 2011 03:15 PM PDT The dollar remains at risk after a volatile session saw the index settle fractionally lower in North American trade. The Dow Jones FXCM Dollar index continues to hold below crucial resistance at the 38.2% Fibonacci extension.

EUR/USD: Trading the U.S. Consumer Price Report Posted: 14 Sep 2011 12:21 PM PDT The stickiness in U.S. inflation may lead the Federal Reserve to soften its dovish tone for monetary policy, and the data may help to prop up the greenback as investors scale back speculation for another round of quantitative easing.

USD Correction To Gather Pace, Yen Remains At Risk Of Intervention Posted: 14 Sep 2011 09:11 AM PDT The greenback recouped the losses from the overnight trade, but the reserve currency may struggle to hold its ground as market participants increase their appetite for yields.

Euro Firms as Merkel Reassures Market on Greek Finances Posted: 14 Sep 2011 07:02 AM PDT The Euro rebounded against the U.S. Dollar in the overnight as the German Chancellor eased market participants’ fears of a Greek default.

Guest Commentary: Gold & Silver Prices - Daily Outlook 09.14.2011 Posted: 14 Sep 2011 06:53 AM PDT Gold and silver continue to seek direction in September. Despite the sharp changes in gold and silver prices throughout the month, gold price (as of yesterday) fell by only 0.1%, and silver price by 1.4%; the sharp appreciation of the USD against major currencies mainly the Euro over the debt crisis in the Euro Area may have adversely affected gold and silver, while the declines in US stock markets and US T-bills yields during September suggest traders are seeking safe heavens including gold and silver.

Forex: USD Weighed By Risk Appetite, Euro Rebound To Accelerate Posted: 14 Sep 2011 06:10 AM PDT The U.S. dollar struggled to hold its ground following a shift in market sentiment, but the slew of dismal data coming out of the world’s largest economy appears to be weighing on risk as it dampens the outlook for future growth.

Crude Oil, Gold Look to US Retail Sales Report for Direction Posted: 14 Sep 2011 03:30 AM PDT Crude oil and gold prices are looking to the US retail sales report for direction, with much to be determined by the outcome’s implications for additional Fed stimulus.

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

.