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Saturday, September 29, 2012

DailyFX - Forex Market News

DailyFX - Forex Market News


Guest Commentary: How to Scale Up Responsibly in Forex Trading

Posted: 28 Sep 2012 11:00 PM PDT

After some steady and overall successful trading, you feel it is time to move up. Your success so far has been based on hard work. The process included learning to lose some money and accepting the losses. Most importantly, you made more gains that losses and you have been consistent over a few months.

Dollar Has the Technicals for a Rally, Now the Fundamental Spark…

Posted: 28 Sep 2012 09:47 PM PDT

In the early hours of trading Friday, it looked like the dollar’s slow climb would crumble quickly as equities regained lost ground. That sentiment boost came crashing down, however, as the day progressed and the greenback ended the quarter with its biggest rally since August 1.

Volatility for Dollar and Euro Rebound, Now What About Direction?

Posted: 28 Sep 2012 08:29 PM PDT

The bullish surge for US equities and steep dive for the US dollar following the Fed's QE3 announcement just a few weeks ago was fully retraced this past week. The shift in sentiment was palpable, but the lack of momentum remains a sticking point for many investors. Heading into the new quarter, can we expect heavy fundamental flow to finally force a direction from currency and capital markets?

Dollar Benefits Quarter-End Volatility, But 1.28 EURUSD Still Stands

Posted: 28 Sep 2012 08:19 PM PDT

Thanks to a sharp rally through Friday, the US dollar managed to close out this past week in the green. However, we are once again lacking the conviction of a definable trend for the greenback – whether bullish or bearish.

British Pound Outlook Muddled by Fitch Warning, Mediocre Data Due

Posted: 28 Sep 2012 07:32 PM PDT

Our fundamental forecast for the British Pound is slightly weaker.

Euro at Risk as Traders Look to ECB With Hopes for Growth Support

Posted: 28 Sep 2012 04:53 PM PDT

Aussie Losses To Accelerate On Dovish RBA- Watching 200-Day SMA

Posted: 28 Sep 2012 12:55 PM PDT

Guest Commentary: Gold & Silver Daily Outlook 09.28.2012

Posted: 28 Sep 2012 06:47 AM PDT

Following the decline of precious metals during most of the week, they have changed direction as both gold and silver pulled up on Thursday along with the rest of the market including oil prices, the Euro and major stock markets.

Euro Pares Gain Amid Speculation For Ratings Cut- ECB Under Pressure

Posted: 28 Sep 2012 05:15 AM PDT

The Euro is struggling to hold its ground ahead of the North American trade as Moody’s Investor Services is expected to review Spain’s credit rating later today, and the single currency may continue to give back the advance from earlier this year as the fundamental outlook for the region turns increasingly bleak.

France Cuts Debt Issuance for 2013, Projects Growth in 2012

Posted: 28 Sep 2012 04:02 AM PDT

EUROPEAN SESSION UPDATE: The only news that drove the Euro today was a higher than expected Euro-zone inflation estimate; Germany says no direct bank recapitalization just yet…

Commodities May Fall as Euro Belt-Tightening Threatens Global Growth

Posted: 28 Sep 2012 01:56 AM PDT

Commodities may reverse lower as traders size up the global growth implications of sharp fiscal retrenchment across the Eurozone.
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