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Tuesday, September 25, 2012

DailyFX - Forex Market News

DailyFX - Forex Market News


Dollar Vulnerable to Rebound in Sentiment on Firmer US Growth Hopes

Posted: 24 Sep 2012 11:08 PM PDT

The US Dollar may be vulnerable if improving US data lifts hopes for a firmer recovery in the world’s largest economy, driving a rebound in risk sentiment.

Crude Oil, Gold May Rise if Firm US Data Stokes Risk Appetite

Posted: 24 Sep 2012 09:08 PM PDT

Crude oil and gold prices may rise if improving US economic data boosts risk appetite while weighing on haven demand for the US Dollar.

Dollar Gains Against Euro Will Stall if Dow, AUDUSD Don’t Collapse

Posted: 24 Sep 2012 09:07 PM PDT

If we boil the dollar down to a simple gain or loss, the greenback’s performance Monday was impressive. The benchmark managed gains against all but fellow safe haven Japanese yen through the opening session. Yet, we need look beyond the simple gain or loss and look at the quality of the session’s performance. The progress the greenback made…

US Dollar Stabilizes, but Has it Bottomed?

Posted: 24 Sep 2012 09:00 AM PDT

The US Dollar (ticker: USDOLLAR) seems to have stabilized versus the Euro and the Australian Dollar. Yet are market conditions conducive to an important USD turnaround?

USD Rebound Fails To Impress- JPY Resilient Despite BoJ Efforts

Posted: 24 Sep 2012 08:30 AM PDT

The greenback bounced back on Monday, with the Dow Jones-FXCM U.S. Dollar Index advancing to 9,851, but we may see the reserve currency consolidate during the North American trade as market sentiment appears to be firming up.

Bank Research Consensus Weekly 09.24.12

Posted: 24 Sep 2012 06:45 AM PDT

When we published FX Trends in August we argued that EUR/USD should see a strong move higher on global policy easing (pencilling in 1.27 in 3M) but also that it was too early to dismiss the underlying euro downtrend that had been running for more than a year. For this downtrend to reverse, we argued, global growth would have to recover and the Fed would have to outperform the ECB in terms of monetary easing.
Arne Lohmann Rasmussen, Chief Analyst, Danske Bank

Euro To Face Further Declines Amid Contagion Threats- Greece In Focus

Posted: 24 Sep 2012 06:00 AM PDT

Market sentiment waned on Monday amid the heightening threat for another debt restructuring in Greece, and the drop in risk-taking behavior may gather pace throughout the North American trade as the fundamental outlook for Europe turns increasingly bleak.

Guest Commentary: Gold & Silver Weekly Outlook for September 24-28

Posted: 24 Sep 2012 05:55 AM PDT

During last week, gold and silver prices remained nearly unchanged, despite the FOMC decision to commence with QE3.

Extent of Greek Budget Cuts Required by Troika Comes Into Doubt

Posted: 24 Sep 2012 04:30 AM PDT

EUROPEAN SESSION UPDATE: German official says the Greek financing gap may be wider than assumed; EU looks to leverage the ESM fund…

Guest Commentary: Gold & Silver Daily Outlook 09.21.2012

Posted: 21 Sep 2012 05:52 AM PDT

The prices gold and silver remained nearly unchanged for the fifth consecutive business day after they had increased precipitately during the first couple of weeks of September.
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