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Monday, September 26, 2011

DailyFX - Forex Market News

DailyFX - Forex Market News


FOREX: Is the British Pound Replacing Swiss Franc as the Anti-Euro?

Posted: 25 Sep 2011 11:51 PM PDT

The British Pound rose with the safe-haven US Dollar and Japanese Yen overnight, hinting traders see the currency as an anti-Euro replacement for the Swiss Franc.

US Dollar At Risk for Some Short-Term Corrective Selling

Posted: 25 Sep 2011 10:52 PM PDT

With the Greenback so well bid over the past few weeks, consideration needs to be given for some form of corrective selling in the buck before a resumption of its uptrend…

Relatively Quiet Week in Terms of Scheduled Event Risk

Posted: 25 Sep 2011 09:00 PM PDT

After a week littered with significant data releases, the last week of September is relatively quiet, and price action will be dictated by broader sentiment and developments out of Europe regarding the sovereign debt crisis.

Gold-FOREX Correlations Misleading on Gold Liqudation for US Dollars

Posted: 25 Sep 2011 07:36 PM PDT

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