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Forex Trading: Dollar moves higher
The EURUSD is again testing the downside in quiet but steady selling. The pair has support at the 1.5573 and below that 1.5549. The GBPUSD after being supported early has also moved lower and trades now below the 1.9700 level. ...
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US Dollar Rebounds as Fed Officials Call for Tightened Global Policy
Hawkish remarks by Fed officials heighted the appeal of the US dollar Monday and led the reserve currency to advance against all of the major currencies...
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US Dollar to Recover on Fed Interest Rate Expectations and Inflation Outlook?
The rapid rise in energy and food prices that has pushed up inflation over the past year is gradually coming to present a wider problem for the Federal...
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How to Trade DailyFX+ Currency Trading Signals in the Week Ahead
A more sustained gain in market volatility confirms that we may be entering a period with larger currency price movements, forcing us to make fairly substantial...
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Japanese Yen Crosses Rebound as Stock Market Recovers
After dropping close to 400 points on Friday, the stock market rebounded, helping carry trades or the Japanese Yen crosses to recover.
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Soaring Inflation Drives the British Pound Higher
The British pound extended its gains as producer prices grew by the fastest pace in over 20 years.
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Will the Bank of Canada Cut Interest Rates?
The Canadian, Australian and New Zealand dollars sold off significantly as the combination of dollar strength and commodity price weakness drives the currencies...
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Oil And Financials Will Certainly Hog The Headlines This Week
By William Patalon III. When Morgan Stanley (MS: 39.18 -1.63 -3.99%) predicted that oil prices would reach $150 per barrel by mid-summer, its analysts certainly didn’t mean it would happen all in one day. ...
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Euro Slumps Vs US Dollar After Rally
EURO. The euro slumped vis-Ã*-vis the US dollar today as the single currency tested bids around the US$ 1.5660 level and was capped around the $1.5845 level. Technically, today’s intraday high was right around the 76.4% retracement of ...
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Investing In Cleaner Energy
As the price of crude oil is going off the charts, the push for alternative energy sources gears up and investing through exchange traded funds (ETFs) has never been more convenient. The so-called alternative energy or green movement ...
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Dollar Recovers After US Pending Home Sales Hit 6-Month High
The US dollar was initially weaker against the Euro and the Swiss franc Monday but by New York open, it erased much of its earlier declines on the stabilizing US stock markets (Dow went up by more than 100 pips intraday)and after...
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Finding A Stock That Still Offers Great Returns
This market is not producing stocks with astronomical returns like we saw in 1999, 2003, and even 2004. Gains now seem to get cut off anywhere between 50-100% unless you are (PDO: 20.15 -1.22 -5.71%) and (MXC: 44.01 -3.19 -6.76%). ...
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Forex Trading: NZDUSD to close below key trendline support
The trendline comes in at 0.7611. The low level on May 15th was 0.7536. This will be the next support level to breach on the downside. A move back above 0.7611 will muddy the waters again .
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Forex News Preview: Fed President Ben Bernanke to Speak Monday ...
Fed President Ben Bernanke will speak later this evening at 23:15 GMT. He will speak on "Outstanding issues in the Analysis of Inflation" at the Boston Fed's annual research conference. Last week Bernanke stated that the...
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Weekly Trading Lesson: The Economic Calendar
Question: What technical indicator will tell you that a top or bottom is in place? Answer: None?.technical indicators cannot predict the future. They may...
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