Archive for the ‘Forex’ category
Euro: Buying Time May Not Work This Time as Crisis Intensifies
Euro: ‘Buying Time’ May Not Work This Time as Crisis Intensifies Fundamental Forecast for the Euro: Bearish There are many comparisons being made to current Euro-region market conditions and those back in the second quarter of 2010 when trouble just started brewing for Greece. However, it is perhaps better to draw the connections to the situation now and that of the second half of 2008.
Forex Weekly Trading Forecast – 05.21.2012
By John Kicklighter, Sr. Currency Strategist ; Ilya Spivak, Currency Strategist ; David Song, Currency Analyst and Christopher Vecchio, Currency Analyst DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
US Dollar Makes a Break to 16-Month Highs as Fear Creeps In
US Dollar Makes a Break to 16-Month Highs as Fear Creeps In Fundamental Forecast for the US Dollar: Bullish CPI and retail sales do little to alter the outlook for rates and growth The 10-year Treasury Yield pushes towards a fresh record low, shrinking the dollar’s return USDollar breaks to a 16-month high Though the benchmark currency eased back into the final 48 hours of this past trading week, the dollar nevertheless posted another impressive run through the entire period.
Dollar Stumbles but Doesnt Break Trend Into Week End
Dollar Stumbles but Doesn’t Break Trend Into Week End Euro: Moving Away from Scheduled Event Risk to Rumor and Panic British Pound Takes a Shot Across the Bow by Posen Japanese Yen Traders Wonder: Will the BoJ Up Stimulus, Does it Matter? Swiss Franc: Will the SNB Simply Wait for a Eurozone Explosion to Act? Australian Dollar Plunges Fresh 7 Month Lows as Speculative Interest Nearly Flips Gold Capitalizes on Dollar’s Weakness, Posts Biggest Two-Day Rally Since October Dollar Stumbles but Doesn’t Break Trend Into Week End The Dow Jones FXCM Dollar Index put in for its first two-day bearish performance in three weeks Thursday and Friday, but this was more a technical development than a trend change
New Zealand Dollar to Follow Stocks on Euro Crisis, Global Growth Bets
Fundamental Forecast for New Zealand Dollar: Neutral An iron-clad correlation with the MSCI World Stock Index and a lackluster domestic economic calendar puts the New Zealand Dollar the mercy of market-wide risk sentiment trends. On one hand, this puts the focus on US economic growth expectations as traders work out the probability that a pick-up in the US will be able to counter headwinds facing global performance from a slump in Europe and a slowdown in Asia
