DailyFX - Forex Market News

---

• Forex Trading Weekly Forecast - 10.17.2011
• Dollar Finishes out its Worst Weekly Performance Since March 2009
• Canadian Dollar Tied to S&P 500, G-20 and US Growth Outlook in Focus
• Euro Crisis Deepening but Currency May Enjoy Further Bounce
• US Dollar Likely to Fall Further as Markets Dangerously Complacent
• Sterling Outlook to Hinge on BoE Minutes- Key Inflation Data on Tap
• Gold Eyes G-20 Meetings in Paris for Direction
• Aussie Fundamentals Shift after Employment Data, Look to RBA
• Guest Commentary: Don’t Risk Your Reward
• New Zealand Dollar Rally To Falter Should Global Growth Deteriorate
• Japanese Yen Weakness To Accelerate, Breakout On The Horizon
• USD To Maintain Downward Trend, Aussie To Trade Heavy On RBA Minutes
• Guest Commentary: Gold & Silver Daily Outlook 10.14.2011
• Crude Oil, Gold Gains May Prove Fleeting as Risk Appetite Falters
• Higher Yielding Currencies Continue Gains as G-20 Finance Ministers Meet
• Forex: Euro To Hold Resistance, Sterling Consolidation On Tap

Forex Trading Weekly Forecast - 10.17.2011 Posted: 14 Oct 2011 09:08 PM PDT US Dollar Likely to Fall Further as Markets Dangerously Complacent Euro Crisis Deepening but Currency May Enjoy Further Bounce Japanese Yen Weakness To Accelerate, Breakout On The Horizon Sterling Outlook to Hinge on BoE Minutes- Key Inflation Data on Tap Gold Eyes G-20 Meetings in Paris for Direction Canadian Dollar Tied to S&P 500, G-20 and US Growth Outlook in Focus Aussie Fundamentals Shift after Employment Data, Look to RBA New Zealand Dollar Rally To Falter Should Global Growth Deteriorate

Dollar Finishes out its Worst Weekly Performance Since March 2009 Posted: 14 Oct 2011 08:54 PM PDT There was no silver lining in the dollar’s performance this past week. Behind the greenback’s hefty selling pressure against most of its benchmark counterparts, we were reminded of a fundamental reality: we need a real, fundamental reason to hold the US currency – much less bid it higher.

Canadian Dollar Tied to S&P 500, G-20 and US Growth Outlook in Focus Posted: 14 Oct 2011 08:05 PM PDT The Canadian Dollar remains intimately tied to the trends in market-wide risk sentiment, with prices showing an iron-clad correlation to the S&P 500 benchmark stock index.

Euro Crisis Deepening but Currency May Enjoy Further Bounce Posted: 14 Oct 2011 05:36 PM PDT The Euro’s fundamental outlook is a mess. There is little doubt that the region is facing far greater losses on the ongoing expansion of its financial crisis; and the ultimate tab for this disaster (in both monetary and confidence means) is still unknown.

US Dollar Likely to Fall Further as Markets Dangerously Complacent Posted: 14 Oct 2011 03:41 PM PDT The US Dollar seems likely to trade lower as stock markets continue their recent surges. Yet a dangerous complacency surrounding financial markets warns that conditions could change on a moment’s notice and send the USD sharply higher.

Sterling Outlook to Hinge on BoE Minutes- Key Inflation Data on Tap Posted: 14 Oct 2011 02:40 PM PDT The British pound advanced by more than 1.6% this week as a broad based rally in risk appetite saw traders aggressively turn on the greenback with risk assets surging throughout the week.

Gold Eyes G-20 Meetings in Paris for Direction Posted: 14 Oct 2011 02:36 PM PDT

Aussie Fundamentals Shift after Employment Data, Look to RBA Posted: 14 Oct 2011 02:32 PM PDT

Guest Commentary: Don’t Risk Your Reward Posted: 14 Oct 2011 02:31 PM PDT Here are some common mistakes regarding the risk reward ratio, and some tips on how to do it the right way.

New Zealand Dollar Rally To Falter Should Global Growth Deteriorate Posted: 14 Oct 2011 02:28 PM PDT The New Zealand dollar advanced to a fresh monthly high of 0.8051 and the NZD/USD may continue to retrace the sharp decline from the previous month as market participants increase their appetite for yields.

Japanese Yen Weakness To Accelerate, Breakout On The Horizon Posted: 14 Oct 2011 02:27 PM PDT The Japanese Yen struggled to hold its ground following the rise in risk sentiment, and the low-yielding currency may face additional headwind over the following week as the government steps up its effort to stem the marked appreciation in the exchange rate.

USD To Maintain Downward Trend, Aussie To Trade Heavy On RBA Minutes Posted: 14 Oct 2011 10:35 AM PDT The rebound in risk sentiment spurred a selloff in the USD and the greenback may trade heavy throughout the remainder of the day as optimism surrounding the Group of 20 meeting in Paris props up investor confidence.

Guest Commentary: Gold & Silver Daily Outlook 10.14.2011 Posted: 14 Oct 2011 10:00 AM PDT Gold and silver continue to zigzag as they have changed direction yesterday and slipped along with the rest of the financial markets including the US stock markets. Currently gold and silver changed direction again and are traded slightly up.

Crude Oil, Gold Gains May Prove Fleeting as Risk Appetite Falters Posted: 14 Oct 2011 07:08 AM PDT Crude oil and gold prices rose as the safe-haven US Dollar weakened amid an upswing in risk appetite but gains may prove fleeting ahead of the weekend.

Higher Yielding Currencies Continue Gains as G-20 Finance Ministers Meet Posted: 14 Oct 2011 06:38 AM PDT The Australian Dollar and Euro rally continued as optimism that the G-20 summit this weekend could provide a credible rescue plan for Europe which would prevent global financial markets from crashing.

Forex: Euro To Hold Resistance, Sterling Consolidation On Tap Posted: 14 Oct 2011 06:25 AM PDT Increased efforts to address the sovereign debt crisis propped up market sentiment on Friday, and the rise in risk appetite may carry into the following week as the Group of 20 pushes for international assistance.

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

.