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U.K. Services Slips to Record Lows, Weighing on the Growth Outlook
U.K. November services PMI fell more sharply than expected, hitting a new series low of 40.1 compared to a market median estimate for 41.3 and compared...
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EUR (Euro) Forex Technical Analysis
The pre-planned positions for sell were realized with overlap of minimal assumed targets. OsMA trend indicator, having marked key resistance range test by the sign of bullish development incompleteness but with preservation of bearish planning priorities...
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JPY (Yen) Forex Technical Analysis
The assumed test of key resistance range for realization of the pre-planned sells positions was not confirmed and the result of the general situation according to OsMA indicator gives reasons for assumptions about rate correction incompleteness for planning...
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GBP (Pound) Forex Technical Analysis
The pre-planned positions for sell from key resistance range were realized with overlap of minimal assumed targets. OsMA trend indicator, having marked general preservation of bearish advantage gives reasons for corresponding planning priorities for today...
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CHF (Swiss) Forex Technical Analysis
The pre-planned buying positions from key supports were realized with attainment of basic assumed targets. OsMA trend indicator, having marked activity fall of both parties gives reasons for assumptions about possible range rate movement without...
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US Session: Dollar Gives Back Some Gains, Stocks on Track for Light Rally
The dollar gave up some of yesterday’s gains against the majors basedon a light reversal in the risk aversion trade. The EurUsd rose over 100pips to the low range of 1.27, while the UsdJpy picked up 45pips moving...
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iFOREX.bg - Daily Forecast 3 December 2008
iFOREX.bg - Daily Forecast 3 December 2008
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Market Overview by Forex Yard
Economic News
* USD
ADP Non-Farm Employment Change on Tap
The USD saw bearish trends against most of its major currency counterparts yesterday as a stock market rebound reduced demand for safe havens. Traders witnessed the USD falling against the EUR,...
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Varengoldbank FX - Daily FX Report
This mornings Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar.
Click for the full report.
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Further US action realistic
Although the dollar will gain defensive support at times, the fundamental outlook and aggressive balance sheet expansion will represent a major threat to medium-term currency stability.
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Forex - Higher yielding currencies sink on expectation Central banks rate cuts
vcamiolo said: My better holdings: $F +79%, $WTR +31%, $TLT +16%, $UTF +6%, $FXI +5%. Worst $ETH -38%. Looking to sell some $F at $3.00
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Daily Outlook
The Bank of England MPC starts its 2-day meeting today and this morning’s UK services PMI survey is expected to provide the green light for another significant interest rate reduction tomorrow.
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Dukascopy Morning Forex Overview
On Tuesday, the euro gained against the dollar when U.S. stocks recouped a portion of the day earlier losses.Other risk-sensitive currency pairs also advanced as traders followed the up signal from equities markets. The dollar and euro both rose against the...
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Market Overview by Forex Yard
Economic News
* USD
ADP Non-Farm Employment Change on Tap
The USD saw bearish trends against most of its major currency counterparts yesterday as a stock market rebound reduced demand for safe havens. Traders witnessed the USD falling against the EUR,...
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Forex Market Update
EUR and GBP trade lower again after short squeeze yesterday. Trading nervous ahead of tomorrow's CB meetings.
Oil price fall continues to pressure CAD. RBNZ on tap tonight - will they cut 150 bps?
HEADLINES
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