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Australian Dollar Technical Outlook
The AUDUSD has fallen below the trendline that had held since late January but there is no sign of a reversal as the decline still counts better as a correction.
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Canadian Dollar Technical Outlook
The minimum objective that we have cited for some time is above 1.0324.
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Swiss Franc Technical Outlook
"There is little doubt that the advance from .9647 is corrective because a triangle separates the two legs.
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British Pound Technical Outlook
Minimum expectations are for this advance to continue until at least 1.9850.
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Yen Technical Outlook
The advance from 95.72 is most likely corrective, but there appears to be additional upside potential.
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Euro Technical Outlook
The preferred count that calls for strength for current levels is intact as long as price is above 1.5283.
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Foreign Investment In The US Hits An 11-Month High
See the article...
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US Empire Manufacturing Index Falls More Than Expected, Extends Dollar's Decline
The New York Federal Reserve's gauge of manufacturing activity fell more than expected in June to -8.7 from -3.2 on the back of negative readings in the...
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5 Most Important Events for the Forex Market This Week
Event risk for the forex market lies primarily on the euro and British pound side, as Euro-zone CPI, the German ZEW survey, UK CPI, and the minutes from...
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European Inflation Rises, G8 Sees Theat Continuing
See the article...
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Forex Trading News: EUROZONE CPI Released
The Core CPI comes out at 1.7% from the previous 1.6%. 1.8% was forecast for this release. The CPI comes out at 3.7% from the previous 3.3%. A rise to 3.6% was forecast. The EUR softened up slightly after this data coming off session ...
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John Rivera over at Dailyfx.com gives us a good overview of Eurozone CPI which came in less than expected.
--Dave
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European Inflation Acclerates, Will ECB Raise Rates?
See the article...
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Dollar Uncertain After G-8 - Where to Next?
The G-8 meeting concluded over the week-end without making any overt references to support the dollar in its communiqu and #233; and as a result the buck opened...
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16 June Probability Studies - EUR CPI Key
We have CPI in the Eurozone today at 09:00 GMT and the US Housing Market Index at 17:00 GMT. These two figures will certainly dictate the direction and movement of the EUR and Dollar respectively. While inflation was the main concern of ...
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Forex Trading News: EUROZONE CPI Preview
At 5:00 AM today, the EUR CPI is released. The CPI gauges the rate of inflation felt by consumers when buying both goods and services. Along with the CPI, the Core CPI is released. This number is the CPI excluding volatile categories ...
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