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Australian Dollar Technical Outlook
Given the deterioration of the Aussie in recent days, our best count labels the rally to .9470 as a truncated 5th wave.
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Dollar Rally Will Continue for Months
A long term USD rally is underway. Expectations are for the EURUSD to reach the mid 1.40s before finding support, and the GBPUSD 1.85. The weakest currencies...
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Forex News: Dollar Rallies as Commodities Decline, U.K. Retail Sales Surpise
See the article...
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Dollar Rises As Profit Taking Kicks in - Will ECB Finally Relent?
Talking Points - Japanese Yen: back above 100 on pro dollar rally - Euro: Drops below 1.5500 as profit taking sets in - Pound: Retail Sales blast to the...
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In the Financial Papers: Today’s Top Forex News 03.20.08
Here is the “In the Financial Papers Radio Broadcast” (Length: 07:14 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: Citigroup Plans...
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Bernanke Dribbling Away
A good laugh to start the morning, courtesy of Minyanville.
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Forex Trading; EURUSD continues to slide
The dollar continues to rally at the expense of EUR, CHF and GBP. Gold and commodity liquidation is contributing to the better dollar tone. The breaking of technical levels have also contributed to the move. ...
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Forex News: Philadelphia Fed Index -17.4 from -24
March Feb. 2008 2008. General Business Activity -17.4 -24.0 ----------------------------------- Prices Paid 54.4 46.6. read more.
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Forex News: Canada Leading Indicators comes in at -0.3
They were expecting 0.1% increase. Overall, 4 of the 10 components increased and 6 decreased with most of the weakness originated in a sharp contraction of manufacturing, especially autos, at the turn of the year.
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FXDD Morning Analysis By Bob
Thursday 3/20/08. Good Morning:. The greenback strengthened in overnight trading as commodity prices pushed lower. Speculating that demand for raw materials will decrease as a global slowdown accelerates. read more.
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Bobby’s Corner – Market Open - 3.20.2008
The greenback strengthened in overnight trading as commodity prices pushed lower. Speculating that demand for raw materials will decrease as a global slowdown accelerates caused commodity prices to drop and pushed the dollar higher. ...
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Forex News: Initial Claims and Continuing Claims show employment ...
Initial Claims 378000 and Continuing Claims 2865000. Both are worse than expected. The data should pressure the dollar. The 4 week moving average climbed to 365250, the highest level since February 2004. The Continuing...
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Forex Trading: JPY lower
Seems to be an offer in JPY in the USD/JPY & GBP/JPY pairs, as GBP/JPY gets paid nicely, having some positive techs and an hourly retracement level in its path:
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Forex Trading: USD/JPY Tempting...
USD/JPY is tempting here to have its bid hit as it breaks out solidly from its consol pattern BUT as tempermental as it has been lately, it could still go 100.50 paid without a moment's hesitation. In short, selling rallies in markets ...
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Forex News: GBP Retails Sales Comes Out Higher Than Expected
The GBP Retails Sales m/m figure came out at 1.0% from the previous 0.8%. This number was forecast at -0.1%. This unanticipated data gave the GBPUSD an initial boost, driving the currency pair temporarily above 1.9800.
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