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Tuesday, January 3, 2012

DailyFX - Forex Market News

DailyFX - Forex Market News


Dollar Faces Tough Week Ahead as Focus Turns to US Economic Data

Posted: 03 Jan 2012 01:34 AM PST

The US Dollar may come under pressure this week as improving economic data bolsters risk appetite amid a lull in Eurozone debt crisis news flow.

FOREX: US Dollar Under Pressure as Stocks Drive Higher to Start 2012

Posted: 03 Jan 2012 12:01 AM PST

The US Dollar fell overnight as stocks pushed higher in Asia, sapping demand for the go-to safe haven currency. More of the same is expected in European hours.

Early 2012 Price Action is Risk Positive, but Will it Last?

Posted: 02 Jan 2012 10:43 PM PST

We would not get too excited about any of the risk on rallies in the first couple of days of the year and instead will be looking to fade these moves…

Guest Commentary: Gold and Silver Outlook for January 2012

Posted: 02 Jan 2012 09:10 AM PST

Gold and silver changed direction and sharply fell during most of December. Gold ended the month 10.5% below its initial level, and silver declined by 14.9%. What were the main factors that may have caused the sharp drop in gold and silver prices during December?
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