Daily Forex Market Review 10/16/14 (+35 pips)

Today’s Trade Result: +35 pips Let’s analyze the market and review the events that took place over the weekend during the Asian and the European market hours. We’ll analyze these news as we analyze the news and look into today’s US market session. We’ll focus on relevant news, public comments, and any high impact releases […]

Daily Forex Market Review 02/19/14 (+75 pips)

Today’s Trade Result: +75 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Daily Forex Market Review 10/31/13 (+47 pips)

Today’s Trade Result: +47 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

U.S. Dollar Poised For Correction, Sterling To Face Broad Range

The greenback pared the decline from earlier this week and the reserve currency may continue to consolidate in the days ahead as the Jackson Hole Economic Policy Symposium takes center stage.

USD To Consolidate Ahead Of Jackson Hole, EUR Outlook Remains Bearish

The greenback recouped the losses carried over from the overnight trade, but the reserve currency may face increased headwinds in the week ahead should Fed Chairman Ben Bernanke show an increased willingness to expand monetary policy further.

U.S. Dollar Mostly Lower as End of Quantitative Easing Approaches

The Greenback was mostly lower against the majors in the overnight as appetite for risk steered the market into higher yielding assets ahead of the last day of the Federal Reserve’s quantitative easing program.

U.S. Dollar Index Halts Three-Day Advance, Major Trends Remain In Tact

The near-term correction in the greenback was certainly short-lived as the 244K rise in U.S. Non-Farm Payrolls spurred a rebound in market sentiment, and the dollar is likely to further retrace the advance from earlier this week as risk trends continue…

Aussie Declines to Two-Week Low on Job Cuts, China Trade Deficit

Shared by Henry

Around 10,000 jobs lossed during month of February in the Australian economy. Key news for this pair would be China’s CPI tonight due to Aussie large exports to the country………..
The Australian dollar fell to a two-week low agai…

Dollar sinks, Swiss franc strengthens on oil fears

Shared by Henry

Over night spikes in Oil push the less oil dependent Swiss Franc to all time highs aganist the U.S. Dollar.
The greenback suffered a wide retreat Thursday, as worries over spreading violence in the Middle East pushed oil prices in ex…

National Australia Bank Drops Forecast Aussie to Reach Parity

Shared by Henry

I guess it is time to face the music as there is no way for AUD/USD to reach parity judging from today’s market condition.

National Australia Bank Ltd. dropped its forecast for the Australian dollar to reach parity with the greenback this year as Europe’s debt problems threaten to undermine global economic growth.

Dollar, Yen Fall as U.S. Retail Gain Spurs Demand for Risk

April 14 (Bloomberg) — The dollar and yen fell against most of their major counterparts as a bigger-than-expected increase in U.S. retail sales last month spurred demand for higher-yielding assets.

Singapore’s dollar climbed to the strongest level…

Where is US Dollar going?

Market has been very unforgiving to the USD lately as the greenback slips into further weakness; as a matter of fact, the more recovery we see, more reason for USD to weaken, at least until Bernanke starts rate hiking cycle… Let me explain, USD is considered as the primary safe-haven currency as the US Treasuries is […]

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