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Will NFPs Confirm US Recession Fears or Lead the US Dollar to Rebound?
On Friday, US non-farm payroll figures will be reported and are anticipated to point towards recessionary conditions in the US economy, and the markets...
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Forex Radio - New Lows For the US Dollar As NFPs Approach, Steady ECB And BoE Rates Now Bullish
Listen to our Evening DailyFX Forex Radio PodCast: http://media.dailyfx.com/podcasts/FXRadioPM030608.mp3
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Euro 'Surges' to New High as Trichet Fears 'Strong Upward Pressure on Inflation'
The ECB held key rates at 4.00 percent and pushed the sinking US dollar into troubled waters as ECB President Trichet signaled that and #145;strong upward...
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Positioning Suggests USDCAD Will Break Below 0.97
USD/CAD Ratio: 2.35 Signal: Bearish
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Speculative Traders Starting To Join Franc Rally
USD/CHF Ratio: 1.11 Signal: Bearish
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Despite A Major Break, SSI Still Signaling A Rally For The Yen
USD/JPY Ratio: 1.96 Signal: Bearish
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Australian, New Zealand and Canadian Dollars Sell Off
The Australian, New Zealand and Canadian dollars all sold off against the greenback.
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USD/JPY Hits 3 Year Low
The 200 point drop in US stocks has triggered a round of selling in USD/JPY that took the currency pair down to a 3 year low.
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Pound Positioning Calls Break, Points To Further Gains
GBP/USD Ratio: -1.08 Signal: Bullish
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Forex Trading: GBPUSD moving above 2.0099, 100 day Moving average
The GBPUSD is moving above the 100 day moving average as we head into the close and are getting some additional buying. The 200 day moving average is at 2.0126 which if breached could also propel the market higher in the thin...
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Forex Trading: GBPUSD moving above 2.0199 100 day Moving average
The GBPUSD is moving above the 100 day moving average as we head into the close and are getting some additional buying. The 200 day moving average is at 2.0126 which if breached could also propel the market higher in the thin...
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Canadian Employment Data May Lead USD/CAD to Break Lower on Friday
While the US nonfarm payrolls has historically been considered the top market moving economic indicator for the Forex market, its Canadian counterpart...
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Euro's Record Breaking Run Will Continue According To Positioning
Speculative retail positioning continues to support the EURUSD?s record breaking advance. Since the build up in shorts preceded the breakout above 1.50...
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Dollar sent lower on housing number miss
It seems to be the theme lately for the US Dollar…another bad piece of data sending the already weakened dollar lower. However, today’s test of the 78.939 low will be telling as buyers have been consistently support the 78.00 level and ...
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