DailyFX - Forex Market News

---

• FOREX: Dollar on the Defensive But Selling Pressure Unlikely to Last
• Euro Still Well Bid Despite Concerning Fundamentals; Eyes 100-Day SMA
• Dollar Has Room to Recover as Growth Fears Return After EU Summit
• Japanese Yen Rally Raises the Threat Level of Intervention
• US Dollar Index Rebounds Off Key Support- Is It Time To Buy?
• EUR/USD: Trading the U.S. Consumer Confidence Survey
• Bank Research Consensus Weekly 01.30.12
• USD Stuck In Tight Range, Yen Eyes 76.00 Amid Intervention Threats
• Guest Commentary: Oil Prices Weekly Outlook January 30 - February 3
• Guest Commentary: MarketVisionTV - How Long and How Far Will The 1.20 Peg Survive?
• Classic Risk-Off Day as Japanese Yen, U.S. Dollar Outpace Higher Yielders
• Euro Reversal To Gather Pace, Sterling Holds December Range

FOREX: Dollar on the Defensive But Selling Pressure Unlikely to Last Posted: 31 Jan 2012 12:39 AM PST The US Dollar is facing selling pressure as a robust pick-up in risk appetite across financial markets weighs on haven demand but optimism appears highly fragile.

Euro Still Well Bid Despite Concerning Fundamentals; Eyes 100-Day SMA Posted: 30 Jan 2012 10:51 PM PST Although we have seen some positive developments out of the Eurozone in recent sessions, any additional strength in this market towards 1.3400 should be very well offered…

Dollar Has Room to Recover as Growth Fears Return After EU Summit Posted: 30 Jan 2012 09:57 PM PST The US Dollar needs a turn for the worse in Europe to spark risk aversion for another major push higher as the Federal Reserve turns even more dovish.

Japanese Yen Rally Raises the Threat Level of Intervention Posted: 30 Jan 2012 06:29 PM PST It’s difficult to take warnings from Japanese Finance Minister Azumi and Bank of Japan Governor Shirakawa seriously, but we need to be on high alert for possible intervention from the Ministry of Finance or BoJ.

US Dollar Index Rebounds Off Key Support- Is It Time To Buy? Posted: 30 Jan 2012 02:08 PM PST Today’s move into risk aversion may be a pre-cursor to further dollar strength moving into February as the reserve currency continues to respect key Fibonacci support. Here are the levels to watch on the greenback heading into the close of January trade.

EUR/USD: Trading the U.S. Consumer Confidence Survey Posted: 30 Jan 2012 12:40 PM PST Household sentiment in the world’s largest economy is expected to pick up for the third consecutive month in January, and the ongoing improvement in consumer confidence may prop up the USD as it dampens the prospects for additional monetary support.

Bank Research Consensus Weekly 01.30.12 Posted: 30 Jan 2012 08:50 AM PST The FOMC meeting was not expected to be the market mover it turned out to be. However, if the Fed was looking to send bond yields lower, it certainly succeeded. The yield on 10-year government bonds is back below 2% and the dollar is weaker. Kasper Kirkegaard, Senior Analyst, Danske Bank

USD Stuck In Tight Range, Yen Eyes 76.00 Amid Intervention Threats Posted: 30 Jan 2012 08:30 AM PST The greenback pared the sharp decline from earlier this month, with the Dow Jones-FXCM U.S. Dollar Index advancing to a high of 9,816, and the reserve currency may appreciate further in the coming days should the flight to safety gather pace.

Guest Commentary: Oil Prices Weekly Outlook January 30 - February 3 Posted: 30 Jan 2012 07:24 AM PST Oil slightly rose during last week and thus continued their trend of moderate changes of recent weeks. What should we expect for oil prices in February?

Guest Commentary: MarketVisionTV - How Long and How Far Will The 1.20 Peg Survive? Posted: 30 Jan 2012 07:15 AM PST There are 3 things we believe strongly about Euro Swiss.

Classic Risk-Off Day as Japanese Yen, U.S. Dollar Outpace Higher Yielders Posted: 30 Jan 2012 06:28 AM PST The commodity currencies were among the worst performing majors while the European currencies lagged the safe havens as well, in what has been a soft opening in the second to last trading day of January.

Euro Reversal To Gather Pace, Sterling Holds December Range Posted: 30 Jan 2012 06:20 AM PST Market sentiment weakened ahead of the EU Summit in Brussels amid the heightening risk for contagion, and the flight to safety may gather pace may gather pace during the North American trade should European policy makers struggle to restore investor confidence.

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

.