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Is the Dollar Rally over?
- Euro Breaks Higher as Market Shifts Focus to ECB - EUR/JPY Hits Record High
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Forex in 60 Seconds - A FOMC Rate Decision Headlines A Disappointing Day For Dollar Volatility
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US Durable Goods Orders Fall Flat In Line With Expectations
US durable goods orders during May failed to improve for the third consecutive month, as the Commerce Department's index fell flat while the April reading...
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Japanese Exports Surprisingly Strong On Asian Demand
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The Outlook For Growth Sours As Speculation Of A Fed Hike Grows
With the Federal Open Market Committee scheduled to deliver their rate decision later today, the markets are left to weigh considerable speculation that...
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Canadian Dollar Sets Up to Offer Range Trade Against Euro
A bare Canadian calendar this week has left traders with little excuse to commit to a definitive direction for EURCAD. Last week?s German PPI came in stronger...
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Yen Crosses Slip on Weak Japanese Economic Outlook
The Japanese Yen lost ground against most of the major currencies, as the Japanese Economic Policy minister said that the country?s business outlook looks...
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British Pound Recovers Despite Lack of Data
The UK economic calendar is completely devoid of any market moving data this week other than the final first quarter GDP numbers and the current account...
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Euro: France versus Germany
The Euro strengthened against the US dollar thanks to stronger economic data from France. Even though the near term fate of the EUR/USD will be largely...
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Federal Reserve's Policy Statement Likely To Determine US Dollar's Next Move
Heightened uncertainty surrounding the US Federal Open Market Committee?s interest rate decision at 14:15 EDT virtually guarantees volatility across almost...
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How to Trade the Fed Rate Decision
- Euro: France versus Germany - British Pound Recovers Despite Lack of Data
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Forex Trading: USDJPY comes up short again
The USDJPY came up short of the 200 day Moving average again. This is the 5th time the pair has moved above the 200 day moving average intraday and each time, the pair has not been able to maintain the level. As a result, the onus is on ...
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Forex News: Preview
June 24. 7:50 PM JPY Trade Balance Forecast .41T Previous .61T. 7:50 PM JPY CSPI y/y Forecast 0.5% Previous 0.5%
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Forex Trading: USDJPY treading along Resistance
USDJPY is treading along the 200 day MA which incidentally is also trendline resistance on the daily. A break through this level could target 110 at 50$ Fibonacci retracement from earlier move. Look to 106.65 for immediate support.
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Consumer Confidence is Lacking - Ahead of FOMC
No Confidence: Here- But What About "Over There"? Tuesday posted the worst ever US Consumer Confidence number since the number began dissemination. The situation over jobs seems to be the dominating "worry factor". ...
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