Posts Tagged ‘height’

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.

Financial Market Fears Overwhelm Facebook IPO Optimism

The volatility surrounding initial public offerings (IPO) is notorious; but when large companies come into the market, there is often a draw of fresh capital to get a piece of the action.

EUR Threatens Bearish Formation On Holiday Trade, GBP Carving Top

Talking Points Euro: Threatens Descending Triangle, Spain Bond Auction In Focus British Pound: U.K. Manufacturing Cools, RSI Falls Back From Overbought U.S

Euro Struggles Ahead Of Italian Bond Auction, Sterling Eyes 1.6250

Talking Points Euro: Italy Faces Higher Financing Costs, Bond Auction In Focus British Pound: Hits Fresh Yearly High. BoE Sees Case For More QE Euro: Italy Faces Higher Financing Costs, Bond Auction In Focus The Euro gave back the overnight advance to 1.3262 as heightening finance costs across the periphery countries raised the threat for contagion, and the EURUSD may track lower going into May as the bearish formation continues to take shape

USD Index Holds Key Support, AUD Eyes 1.02 Ahead Of Major Event Risk

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9940.44 9957.53 9917.77 0.25 72.77% T he Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar ) is 0.36 percent higher on the day after moving 73 percent of its average true range, and we may see market participants turn increasingly bullish ahead of the FOMC rate decision as the central bank moves away from its easing cycle

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