DailyFX - Forex Market News |
- FOREX: Euro Under Pressure, Aussie and Kiwi Rise as 2011 Winds Down
- US Dollar Should Be Across the Board Outperformer in 2012
- Guest Commentary: Spain’s Muted Christmas Shopping
- USD Index Poised For Higher High, Deflation Dampens Outlook For Yen
- Guest Commentary: Gold & Silver Daily Outlook 12.29.2011
- Euro Outlook Turns Increasingly Bleak, Sterling Search For Support
- European Currencies Lag as Japanese Yen Leads Majors
| FOREX: Euro Under Pressure, Aussie and Kiwi Rise as 2011 Winds Down Posted: 29 Dec 2011 10:45 PM PST The Euro came under pressure amid debt crisis fears while the Aussie and Kiwi Dollars rose with Asian stocks heading into the final trading hours of the year. |
| US Dollar Should Be Across the Board Outperformer in 2012 Posted: 29 Dec 2011 10:09 PM PST With the Eurozone debt crisis still far from resolved and evidence of additional slowing in the Chinese economy, we see the US economy and US Dollar as the safest place to be in the year ahead… |
| Guest Commentary: Spain’s Muted Christmas Shopping Posted: 29 Dec 2011 06:00 PM PST The downturn in the Spanish economy is evident in rising unemployment, that reached 22.8%. Some thought that the euro-zone’s fourth largest economy will enjoy some mercy during the festive Christmas shopping season. |
| USD Index Poised For Higher High, Deflation Dampens Outlook For Yen Posted: 29 Dec 2011 08:29 AM PST The greenback is struggling to hold its ground during North American trade, with the Dow Jones-FXCM U.S. Dollar index falling back from a fresh weekly high of 10,062, and the reserve currency may continue to consolidate over the remainder of the week as market participation thins ahead of the New Year. |
| Guest Commentary: Gold & Silver Daily Outlook 12.29.2011 Posted: 29 Dec 2011 06:51 AM PST Gold and silver sharply declined yesterday along with the rest of market including oil, Euro, and major stock market indexes. |
| Euro Outlook Turns Increasingly Bleak, Sterling Search For Support Posted: 29 Dec 2011 06:15 AM PST Market sentiment waned on Thursday following the disappointing bond action in Italy, but we may see the major currencies consolidate over the remainder of the week as market participation thins ahead of the New Year. |
| European Currencies Lag as Japanese Yen Leads Majors Posted: 29 Dec 2011 05:32 AM PST The Euro’s tailspin continued in the overnight, with the EUR/USD holding below 1.2900 for much of the overnight session leading up to trading in New York. The pressure on the common currency has dragged down its European counterparts, the British Pound and Swiss Franc, stirring demand for safety, particularly the Japanese Yen. |
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