DailyFX - Forex Market News |
- FOREX: US Dollar Sold as EU Summit Outcome Boosts Market Confidence
- Euro and Risk Correlated Assets Well Bid Following EU Announcement
- Dollar Left to Drift after EU Summit, Traders Look to 3Q GDP
- Dollar Posts Modest Gains as Stocks Advance- Key US Data on Tap
- Guest Commentary: Benefits of a Demo Account
- EUR/USD: Trading the Advance 3Q U.S. GDP Report
- USD Rally Accelerates, Aussie To Weaken Further On Rate Expectations
- Guest Commentary: Gold & Silver Daily Outlook 10.26.2011
- Forex: Euro Relief Rally To Taper Off, Sterling Correction On Tap
- Canadian Dollar Leads Majors Ahead of Crucial Euro-zone Summit
- Dollar at Turning Point vs Top Counterparts, EU Summit and US GDP Key
- Crude Oil, Gold Prices Look to EU Summit Outcome for Direction Cues
| FOREX: US Dollar Sold as EU Summit Outcome Boosts Market Confidence Posted: 26 Oct 2011 11:06 PM PDT The safe-haven US Dollar fell after EU officials reassured markets the Euro debt crisis will be contained after a summit in Brussels. US GDP data is in focus ahead. |
| Euro and Risk Correlated Assets Well Bid Following EU Announcement Posted: 26 Oct 2011 10:54 PM PDT The fresh wave of risk buying in reaction to the Eurozone package has been impressive and currencies are tracking to fresh multi-day highs as a result… |
| Dollar Left to Drift after EU Summit, Traders Look to 3Q GDP Posted: 26 Oct 2011 07:10 PM PDT Traders were looking for a straightforward plan to come out of the extended EU meeting Wednesday (whether it was ultimately encouraging or not). With risk appetite trends tied into this global fundamental threat, there would be no escaping the headline-prone event. This was especially true for the US dollar. |
| Dollar Posts Modest Gains as Stocks Advance- Key US Data on Tap Posted: 26 Oct 2011 03:13 PM PDT The Dow Jones FXCM Dollar Index (Ticker: USDollar) was firmer at the close of trade, albeit well off session highs, as equities pared early losses on confidence that Europeans would reach consensus about a rescue plan for the region. |
| Guest Commentary: Benefits of a Demo Account Posted: 26 Oct 2011 11:37 AM PDT Most traders start off learning about the Forex markets by trading in a demo account. FXCM offers a wonderful opportunity to hone your skills using fake money on the same platform you will trade on once you start trading real money. This allows newer traders to become familiar with the software as well as its options and functions. |
| EUR/USD: Trading the Advance 3Q U.S. GDP Report Posted: 26 Oct 2011 11:16 AM PDT Economic activity in the U.S. is expected to increase at a faster pace during the three-months through June, and a rise in GDP may spark a bullish reaction in the greenback as it instills an improved outlook for the world’s largest economy. |
| USD Rally Accelerates, Aussie To Weaken Further On Rate Expectations Posted: 26 Oct 2011 09:05 AM PDT The greenback extended the advance from the previous day and the reserve currency may continue to gain ground throughout the remainder of the week as the flight to safety gathers pace. |
| Guest Commentary: Gold & Silver Daily Outlook 10.26.2011 Posted: 26 Oct 2011 08:29 AM PDT Gold and silver sharply rose yesterday and recorded the sharpest gains during October. Does this mean there is a shift in the recent trend of gold and silver from downward to upward? |
| Forex: Euro Relief Rally To Taper Off, Sterling Correction On Tap Posted: 26 Oct 2011 06:45 AM PDT The major currencies held a narrow during the overnight trade, but the developments coming out of the EU Summit is likely to shake up the FX market as market participants weigh the fundamental outlook for the global economy. |
| Canadian Dollar Leads Majors Ahead of Crucial Euro-zone Summit Posted: 26 Oct 2011 06:42 AM PDT Higher yielding and risk-correlated assets found significant support and were bid higher ahead of the North American trading day after the lower house of the German parliament passed measures to allow for a leveraged European Financial Stability Fund. |
| Dollar at Turning Point vs Top Counterparts, EU Summit and US GDP Key Posted: 26 Oct 2011 06:24 AM PDT
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| Crude Oil, Gold Prices Look to EU Summit Outcome for Direction Cues Posted: 26 Oct 2011 04:42 AM PDT Crude oil and gold prices look to the outcome of the EU leaders’ summit for direction as the deadline to unveil a plan to contain the Euro debt crisis approaches. |
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