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US Dollar Advance Furthered By Data Supporting Boosting NFP, Growth Speculation
- British Pound Slumps As UK Services Sector Contracts, BOE Expected To Leave Rates Steady - Commodity Dollars: Aussie Jumps On GDP, Kiwi Plummets As Rate...
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Forex in 60 Seconds - Aussie And Kiwi Dollars Mark Major Volatility, ECB And BoE Rate Decisions On Tap
See the article...
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US Dollar Climbs On Better-Than-Expected ISM Services, Bernanke Comments
Surprising resilience in the service sector paired with hawkish commentary by Fed Chairman Ben Bernanke led the US dollar to advance against all of the...
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New Zealand Signals First Rate Cuts Since 2003
The Reserve Bank of New Zealand (RBNZ) validated market expectations today, confirming interest rates would remain at the record 8.25% level. Bank Governor...
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Fed Commentary Fails To Boost Rate Expectations, Weighs On Markets
The Federal Open Market Committee?s policy stance is clearly in a state of change. Credit conditions have improved, growth has maintained its positive...
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Dollar / Yen Tops Out Near 106
The USDJPY spike through 105.86 satisfies minimum expectations for the corrective rally that began at 95.72. The downtrend should be back underway.
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New Zealand Dollar Technical Outlook
From a price structure point of view, the decline since the March top at .8215 has been choppy and corrective.
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Australian Dollar Technical Outlook
The AUDUSD is rallying as expected.
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Canadian Dollar Technical Outlook
The USDCAD is working higher from the 78.6% of .9710-1.0324 at .9841.
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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
Similar to the EURUSD, the GBPUSD broke to multi-day lows yesterday but the larger bullish bias is intact as long as price is above 1.9362.
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Yen Technical Outlook
The spike through 105.70 satisfies minimum expectations for wave Z.
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Euro Technical Outlook
The market threw a curveball yesterday.
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GBP/USD: Will A Hawkish BoE Halt The Pound's Slide?
The Bank of England is expected to leave rates unchanged at Thursday?s monetary policy meeting, as inflation continues to rise on increasing fuel and food...
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US ISM Non-Manufacturing Falls Less Than Expected in May
The US ISM non-manufacturing index fell less than expected to a reading of 51.7 from 52.0, suggesting that the US services sector is expanding for the...
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