SearchArchives for: June 2007Weekly Outlook: Dollar & Yen Weakness to Continue, BoE to Spark Volatility30th June 2007 Dollar extended weakness across the board last week. Even though Fed didnt tone down the concern on inflation in the...This article is courtesy of Action ForexUSDCAD at 30 Year Lows - 5 Year Decline Close to an End | How to Value a Currency | The Cool Be… more » Categories: Forex News Japanese Yen Triangle Breakout USDJPY Bearish29th June 2007 Commentary : We wrote yesterday that "we are publishing a 5 minute chart this morning to show the potential bullish structure that is forming from 122.23."...This article is courtesy of DailyFXEuro Correcting Gains | Novelties: The Door Key That Cant Be… more » Categories: Forex News British Pound Stalling29th June 2007 Commentary : We wrote yesterday that "since the rally unfolding will be a 5th wave rally and the euro is embarking on a 3rd wave rally, there is considerable...This article is courtesy of DailyFXEarly afternoon forex comment | Economic Calendar for Today… more » Categories: Forex News USDCAD at 30 Year Lows - 5 Year Decline Close to an End29th June 2007 - Euro Bullish but Watch 1.3550 - Japanese Yen Triangle Breakout USDJPY Bearish - British Pound Stalling - Swiss Franc Stronger Across the Board - Canadian...This article is courtesy of DailyFXEuro / US Dollar Technical Levels | Financial Market Indicato… more » Categories: Forex News Swiss Franc Stronger Across the Board29th June 2007 Commentary : As mentioned here yesterday, "the decline from 1.2424 looks more like a 3rd wave than a wave c, thus we are abandoning the bullish stance.This article is courtesy of DailyFXCanadian Dollar Approaches Parity | New Zealand Dollar 5th Wave Obje… more » Categories: Forex News Canadian Dollar 30 Year Highs (USDCAD Lows) - Objective at 1.040029th June 2007 Commentary : The 5th wave of the decline that began at 1.1879 is close to an end and a multi year advance is likely to begin in the next few weeks. A potential...This article is courtesy of DailyFXAustralian Dollar Topping? | Kiwi Ascends To Record Highs… more » Categories: Forex News New Zealand Dollar Breakout Looks Healthy29th June 2007 Commentary : No change in Kiwi. "Looking at the rally from .7237, it is possible that Kiwi is just now entering a third of a third wave that could see...This article is courtesy of DailyFXBritish Pound / US Dollar Technical Levels | US Dollar / Canadian… more » Categories: Forex News Euro Bullish but Watch 1.355029th June 2007 Commentary : Our count is tracking well so there is no reason to change our outlook. "The push through 1.3437 signals that wave iii, of a 5 wave rally...This article is courtesy of DailyFXAussie Reaches 18 Year High Against The Dollar - The Sky Is the Li… more » Categories: Forex News Australian Dollar Topping?29th June 2007 Commentary : We got the rally through .8510 that we were looking for earlier than expected.This article is courtesy of DailyFXUS Dollar / Japanese Yen Technical Levels | Swiss Franc Move Is Impulsive (USDCHF Bearish) | Australia Follows Global Trend, Mar… more » Categories: Forex News Euro Rallies as French Unemployment Falls to 25 year Lows, USDCAD Breaks 105!29th June 2007 Talking Points - Japanese Yen: Core CPI stays negative - Euro: French unemployment rate falls to 25 year low - Pound: GDP but better consumer sentiment...This article is courtesy of DailyFXEuro / US Dollar Technical Levels | Foreign Exchange morning comm… more » Categories: Forex News Mid-Day Report: Dollar Extends Weakness after PCE, CAD Sold off from New 30 Yr High29th June 2007 The greenback resumes recent decline against European majors earlier today and remains weak after May PCE data. Both personal income...This article is courtesy of Action ForexForex Trading Tips | Forex news update | Economic Calendar for Today more » Categories: Forex News Indian Rupee Surges Unexpectedly29th June 2007 The Indian Rupee has been tightly controlled by the countrys Central Bank, which has not allowed the currency to fluctuate much. A few months ago, however, the Rupee suddenly and rapidly began appreciating against all of the worlds major currencies. No… more » Categories: Forex News Daily Report: Focus Turning to PCE29th June 2007 There was no significant reaction to yesterdays FOMC statement as though some changes were made, Fed is basically keeping its...This article is courtesy of Action ForexUS Dollar /Swiss Franc Technical Levels | European closing forex comment | US Dollar /… more » Categories: Forex News Pound Above 2.000 as Housing Puts Pressure on BoE28th June 2007 Talking Points - Japanese Yen: IP falls for third month in a row - Euro: GE Unemployment better, M3 hot but Retail PMI disappoints - Pound: Nationwide...This article is courtesy of DailyFXEuro 1.3410 is Key | Turn Customer Complaints into Assets Posted B… more » Categories: Forex News Investor Confidence Comes Back28th June 2007 Yesterday?s bounce back in the Dow had profound influence on the Australian markets. Primarily due to strengthened investor confidence and risk appetite,...This article is courtesy of DailyFXEuro / US Dollar Technical Levels | British Pound / US Dollar T… more » Categories: Forex News Fed Maintains Tightening Bias28th June 2007 Dollar is mildly higher after the FOMC statement came in slightly more on the hawkish side than part of the...This article is courtesy of Action ForexMid-Day Report: Dollar Still in Range, CAD Spikes Lower after Retail Sales | Early Morning Forex Comment… more » Categories: Forex News Mid-Day Report: Markets Steady ahead of FOMC28th June 2007 With little reaction to US data, markets remains steady ahead of FOMC rate decision and statement. Final print of US...This article is courtesy of Action ForexImproving Sales Effectiveness The Question is Why Posted By : Andrew Wood | British Pound 1.97… more » Categories: Forex News Profits in Chinas industrial sector climbed 42 percent28th June 2007 See the article...This article is courtesy of DailyFXEconomic Calendar for Today | US Dollar / Japanese Yen Technical Levels | Forex Trading Online more » Categories: Forex News Euro, Pound Looking For Breakouts, Yen Volatility Curbs Projections28th June 2007 See the article...This article is courtesy of DailyFXUS Dollar / Canadian Dollar Technical Levels | Mid-Day Report: Dollar Higher after ISM Manufacturing and Non-Farm Payroll | Swiss Franc / US Dollar Technical Levels more » Categories: Forex News Swiss resilient to Bad Economic data28th June 2007 The Franc remained mixed and continued to trade in its tight range even after the leading economic indicator came out below expectations. The Swiss stock...This article is courtesy of DailyFXBrazil Aims to Curb Appreciation in Real | Daily Report: Focus… more » Categories: Forex News Daily Report: Sterling Lifted by Strong House Price, FOMC Statement Closely Watched28th June 2007 Sterling is lifted by stronger than expected house price growth in early European session. Nationwide house price index rose 1.1%...This article is courtesy of Action ForexUS Dollar / Japanese Yen update | British Pound / US Dollar (GBP/USD) Technical Le… more » Categories: Forex News KOF Leading Indicator did not Impact Currency28th June 2007 Although KOF Leading indicator did not meet economists? expectations, the data did not shake people?s belief that Swiss National Bank will hike rates in...This article is courtesy of DailyFXUS Dollar /Swiss Franc Technical Levels | European closing forex… more » Categories: Forex News British Pound Holds Steady as Markets Welcome in New UK Prime Minister28th June 2007 Next to the Japanese Yen, the British pound performed the best against the US dollar today.This article is courtesy of DailyFXSwiss Franc / US Dollar Technical Levels | US Dollar / Japanese Yen Technical Levels | China Invests In Blackstone Group - Is It… more » Categories: Forex News FX Radio: Dollar Awaits FOMC Policy Statement, EURUSD Trade Opportunity28th June 2007 Click Link to Listen to our Evening DailyFX Radio PodCast: http://media.dailyfx.com/podcasts/FXRadioPM062707.mp3 Key Points - US dollar unfazed by dismal...This article is courtesy of DailyFXEarly Morning Forex Comment | Japanese Yen Crosses Hit Fresh D… more » Categories: Forex News Federal Reserve Meeting: What to Expect for the US Dollar27th June 2007 Federal Reserve interest rate announcements have traditionally been big market movers for the US dollar. However in recent months, the market moving-ness...This article is courtesy of DailyFXEconomic Calendar for Today | Economic Calender for Today | Swi… more » Categories: Forex News British Pound Correction Complete at 1.9927?27th June 2007 Commentary : We wrote yesterday that "we are still looking for a bigger pullback, to channel support near 1.9885/9900." Cable has pulled back but has not...This article is courtesy of DailyFXJapanese Yen/ US Dollar (JPY/USD) Technical Levels | Euro 1.34… more » Categories: Forex News Dollar Correction Complete - Look for Resumption of Weakness27th June 2007 - Euro Ready to Rocket Higher - Japanese Yen Approaches Trendline - British Pound Correction Complete at 1.9927? - Swiss Franc Short Term Triangle - Canadian...This article is courtesy of DailyFXPrevent Credit Card Processing Fraud | Euro / US Dollar Tec… more » Categories: Forex News Canadian Dollar Bull Trend Ready to Resume (USDCAD Down)27th June 2007 Commentary : There is no change to our outlook for the USDCAD as price is close to testing channel resistance.This article is courtesy of DailyFXPros, cons of home equity borrowing | Swiss Franc looking to move better. | US Dollar / Japanese Yen Technica… more » Categories: Forex News Australian Dollar Declines From Top of Channel Resistance27th June 2007 Commentary : We wrote yesterday that "if the rally stalls in the .8515/31 area (or before), then we will assume that the rally from .8332 is the b wave...This article is courtesy of DailyFXNew Zealand dollar Trading Back Near Pre Intervention Levels | Ha… more » Categories: Forex News Swiss Franc Short Term Triangle27th June 2007 Commentary : As mentioned here yesterday, "the decline from 1.2424 looks more like a 3rd wave than a wave c, thus we are abandoning the bullish stance....This article is courtesy of DailyFXEuro / US Dollar Technical Levels | Euro / US Dollar Technical Le… more » Categories: Forex News Euro Ready to Rocket Higher27th June 2007 Commentary : The push through 1.3437 signals that wave iii, of a 5 wave rally that began at 1.3261, is underway.This article is courtesy of DailyFXUS Dollar / Canadian Dollar Technical Levels | US Dollar /Swiss Franc Technical Levels | Tapping home equi… more » Categories: Forex News Japanese Yen Approaches Trendline27th June 2007 Commentary : The pullback that we were looking for towards the "channel support line, drawn off of the 4/19 and 6/8 lows, near 122.00/15" is taking place...This article is courtesy of DailyFXEarly Morning Forex Comment | Euro / US Dollar Technical Level… more » Categories: Forex News Aussie Sees No Help from Strong Economic Data27th June 2007 Australian markets continued down the same path as yesterday, following the global trends. Positive Conference Board Leading Index did not help the Aussie,...This article is courtesy of DailyFXUS Dollar /Swiss Franc Technical Levels | Australian Dollar I… more » Categories: Forex News Carry Traders Come Back Home, Nikkei suffers from the US Woes27th June 2007 The comments about the risks of making one way bets from Finance Minister Omi caused carry traders to pare back their positions strengthening the yen....This article is courtesy of DailyFXEuro Stationary as Job Growth Slows, Yen Weak Against High Yieldin… more » Categories: Forex News Yen Stronger As Carry Continues Unwind27th June 2007 - Japanese Yen: Breaks below 123.00 on better retail trade and further carry unwind - Euro: French Production Outlook reaches 6 year high - Swiss Franc:...This article is courtesy of Forex BlogMid-Day Report: Dollar Falls after Unexpected Drop in Existin… more » Categories: Forex News Mid-Day Report: USD/JPY Drops Further after Weak Durable Goods27th June 2007 Dollar extends weakness against yen in early US session after report showed durable goods orders plummet in May. On the...This article is courtesy of Action ForexLondon am | Economic Calendar for Today | Mid-Day Report: Dollar Resilient Despite Tamer Inf… more » Categories: Forex News Fed Unlikely to Raise Rates27th June 2007 The US Federal Reserve Bank is scheduled to conclude its monthly meeting tomorrow at which point it will announce that interest rates will be maintained at current levels. A few weeks ago, economists had actually been wavering in their expectations betw… more » Categories: Forex News Daily Report: Yen Extends Recovery, Swiss KOF and US Durables Watched27th June 2007 Yen carry trade unwinding is still the dominant theme in the fx markets today as yens broad based recovery continues...This article is courtesy of Action ForexEuro / US Dollar Technical Levels | Dollar closes weaker. part 1 | Financial Market Indicator… more » Categories: Forex News Swiss Franc 1.2320 Support (USDCHF Resistance)26th June 2007 Commentary : As mentioned here yesterday, "the decline from 1.2424 looks more like a 3rd wave than a wave c, thus we are abandoning the bullish stance."This article is courtesy of DailyFXUS Dollar / Japanese Yen Technical Levels | Japanese Yen to Gain in… more » Categories: Forex News Canadian Dollar 1.0700 Holds Own26th June 2007 Commentary : There is no change to our outlook for the USDCAD.This article is courtesy of DailyFXSales Letters - Do They Tell the Truth Posted By : Keries | Yen Continues to be Hammered | Mid-Day Report: Euro Retreats Despite Rates Still on "Accommodativ… more » Categories: Forex News Euro 1.3371 Key For Bulls26th June 2007 Commentary : The push through 1.3437 signals that wave iii, of a 5 wave rally that began at 1.3261, is underway. An objective is 1.3656, the 161.8% extension...This article is courtesy of DailyFXDollar strength hits Euro and Sterling. | US Dollar / Canad… more » Categories: Forex News Japanese Yen Correction Towards 122.1526th June 2007 Commentary : The pullback that we have warned of is underway right now and there is potential for a drop to the channel support line, drawn off of the...This article is courtesy of DailyFXPlanning: A Key to Successful Trading | Chinas Forex Arm Begins In… more » Categories: Forex News Dollar Likely to Gain Near Term Before Resuming Decline26th June 2007 - Euro 1.3371 Key For Bulls - Japanese Yen Correction Towards 122.15 - British Pound To Move Lower to Complete Correction - Swiss Franc 1.2320 Support...This article is courtesy of DailyFXMid-Day Report: Sterling Tumbles after BoE, Dollar Fired Higher by… more » Categories: Forex News Yen Finally Sees Strength as Carry Trade Liquidation Begins26th June 2007 Talking Points - Japanese Yen: Break 123.00 as carry trade liquidation begins - Euro: very quiet as current account turns negative - Pound: range bound...This article is courtesy of DailyFXUS Dollar / Japanese Yen Technical Levels | Euro / US Dollar Tech… more » Categories: Forex News Yen at a Crossroad26th June 2007 The yen has been pulled up and down today on mixed sentiment, as the Corporate Prices were hot, but carry traders were intervening and analysts proclaimed...This article is courtesy of DailyFXChina Invests In Blackstone Group - Is It Only The Beginning?… more » Categories: Forex News Australia Follows Global Trend, Markets Sell Off26th June 2007 The Australian markets followed the lead of the global markets and slid on the disappointing US news. The pause in carry trade buying put downwards pressure...This article is courtesy of DailyFXUS Dollar / Canadian Dollar Technical Levels | Euro / US Dol… more » Categories: Forex News Mid-Day Report: Dollar Still Lacks Direction after New Home Sales26th June 2007 Dollar edges lower in early US session just before New Home Sales. However, the abysmally soft housing data is not...This article is courtesy of Action ForexCommon Mistakes by Forex Traders | Economic Calendar for Today | US Congress Discusses Yen Manipu… more » Categories: Forex News How to Value a Currency26th June 2007 With the US government doggedly clinging to the notion that China is manipulating its currency and insisting that the communist country be punished accordingly, it bears asking how can we determine that a currency (in this case the Yuan) is in fact under… more » Categories: Forex News Daily Report: Yen Recovery Continues, US New Home Sales Eyed26th June 2007 Japanese yens broad based recovery continues today. Comments from Japans Finance Minister Koji Omi helped fuel some buying in the...This article is courtesy of Action ForexFederal Reserve raises rates - official statement. | Early Morning Forex Comment… more » Categories: Forex News Will US Dollar Losses Continue On Second Round Of Dour Housing Data?26th June 2007 New Home Sales (MAY) (14:00 GMT;10:00 EST) New Home Sales (MoM) (MAY) (14:00 GMT;10:00 EST) Expected: 925K Expected: -5.7% Previous: 981K Previous: 16.2%This article is courtesy of DailyFXAustralian Dollar a-b-c Correction? | AceTrader | British Pound /… more » Categories: Forex News British Pound Tests 2.000025th June 2007 Commentary: We wrote Friday that "potential resistance is at the 161.8% extension of 1.9883-1.9939/1.9910 at 2.0001." Cable pushed to 2.0005 and a 5 wave...This article is courtesy of DailyFX British Pound / US Dollar (GBP/USD) Technical Levels | US Dol… more » Categories: Forex News Japanese Yen to Gain in a Correction Towards 122.1525th June 2007 - Euro Bullish Above 1.3371 - Japanese Yen Correction - British Pound Tests 2.0000 - Swiss Franc Move Is Impulsive (USDCHF Bearish) - Canadian Dollar Close...This article is courtesy of DailyFXUS Dollar / Canadian Dollar Technical Levels | FOREX News and… more » Categories: Forex News Canadian Dollar Close to Channel Line25th June 2007 Commentary: There is no change to our outlook for the USDCAD. "Price is approaching potential channel resistance, which is just below 1.0800.This article is courtesy of DailyFXAdvice guide launched to help consumers with credit card statements. | Economi… more » Categories: Forex News Japanese Yen Correction25th June 2007 Commentary: We wrote last week that "the USDJPY is likely to subdivide in a 5th wave before a correction. In other words, now is not the time to get bullish....This article is courtesy of DailyFXWeekly Outlook: Euro Broke Key Support, Will Sterling and S… more » Categories: Forex News Swiss Franc Move Is Impulsive (USDCHF Bearish)25th June 2007 Commentary: We wrote yesterday that "the final leg of the correction is likely to play out the rest of the week towards the 61.8% of 1.2145-1.2476 (1.2271)."...This article is courtesy of DailyFXEuro / US Dollar Technical Levels | Midday Forex Commentry… more » Categories: Forex News New Zealand Dollar Short Term Bearish25th June 2007 Commentary: The short term wave structure is unclear but the series of lower highs keeps us looking higher. The short term trend is considered bullish...This article is courtesy of DailyFXEarly Morning Forex Comment | Euro / US Dollar Technical Levels |… more » Categories: Forex News Euro Bullish Above 1.337125th June 2007 Commentary: The push through 1.3437 signals that wave iii, of a 5 wave rally that began at 1.3261, is underway. An objective is 1.3656, the 161.8% extension...This article is courtesy of DailyFXMid-Day Report: Dollar Falls after Unexpected Drop in Existi… more » Categories: Forex News Australian Dollar Irregular Flat?25th June 2007 Commentary: The short term wave structure is unclear but the series of lower highs keeps us looking higher. The short term trend is considered bullish...This article is courtesy of DailyFXUS Dollar /Swiss Franc Technical Levels | Economic Calendar for To… more » Categories: Forex News Pound Above 2.0000 - Can it Hold That Level?25th June 2007 Talking Points - Japanese Yen: Cant Hold 124.00 - Euro: Consumer Sentiment improves - Pound: Above the 2.000 handle - Dollar: Existing Home Sales on tapThis article is courtesy of DailyFXDaily Report: BoE Inflation Report and US Housing Data in Focus | B… more » Categories: Forex News Aussie Aims at 0.8500; Investors Sentiments Dampened by the Dow25th June 2007 The Australian markets showed significant correlation with the US markets today. In spite of lack of big headlines, the Aussie is still aiming for the...This article is courtesy of DailyFXDo Candlestick Charts Work on Forex Charts? | European closing for… more » Categories: Forex News Yen rises as Carry Trade Momentum Eases25th June 2007 Yen rose as increased implied volatility curbed the momentum of carry trades. On the other hand, shares and yields fell mainly on speculation that investors...This article is courtesy of Forex BlogMid-Day Report: Dollar Rebounds Despite Mixed Data, Yen P… more » Categories: Forex News Dollar Clawed By Bear-New Risk in The Buck?25th June 2007 $ Dollar Clawed By Bear-New Risk in The Buck? and amp;euro; Does the Euro Have Enough Momentum for 1.3500? and #165; Yen Data Unlikely to Force Shift in SentimentThis article is courtesy of Forex BlogSystem Development Secrets | Re:Framing: Media Innovat… more » Categories: Forex News Mid-Day Report: USD Steady after Existing Home Sales, GBP Pressing 2, JPY Recovers25th June 2007 Dollar is steady after existing home sales came in slightly better than expectation at 5.99m in May even though its...This article is courtesy of Action ForexUS Dollar /Swiss Franc Technical Levels | Canadian Dollar Consolidates | Canadian Dollar Objecti… more » Categories: Forex News Daily Report: Dollar Mildly Weaker Against Yen ahead of Existing Home Sales25th June 2007 Dollar is mildly weaker against yen ahead and stuck in tight range near last weeks low against european majors. Another...This article is courtesy of Action ForexTurn Customer Complaints into Assets Posted By : John Mehrmann | US Dollar / Japanese Yen Te… more » Categories: Forex News Weekly Outlook: Focus Back to US Data and FOMC24th June 2007 After breaking through important near the support the prior week, the Japanese yen remained under tremendous pressure last week as...This article is courtesy of Action ForexHow Does Terrorism Affect Your Trading? | Swiss Franc Continues to Weaken | US Do… more » Categories: Forex News Existing Home Sales Sets The Pace For Housing And The Fed Countdown23rd June 2007 Existing Home Sales (MAY) (14:00 GMT) Existing Home Sales (MoM) (MAY) (14:00 GMT) Expected: 5.97M Expected: -0.4% Previous: 5.99M Previous: -2.6%This article is courtesy of DailyFXWeekly Outlook: Yen Volatility to Increase | Respite for the US Dollar | D… more » Categories: Forex News NZD Rallies But Continues To Confuse23rd June 2007 - Resistance: 0.7735 - Support: 0.7232 - Near term support zone is located at the 50.0% Fib level of 0.7232This article is courtesy of DailyFXEarly Morning Forex Comment | US Dollar / Japanese Yen Technical Levels | Euro Turns at Fibonacci Support more » Categories: Forex News DailyFX Dynamic Carry Trade Basket: Find out how we did more than 200 pips in just 5 days23rd June 2007 and #167; This week our portfolio was up by more than 200 pips in market value and accumulated an additional $120 gain on interest. and #167; The most profitable...This article is courtesy of DailyFXThe Psychology Of Trading | Early Morning View | Dolla… more » Categories: Forex News Key price action will take place around the psychological 2.000 level, as interest rate differentials come under debate.23rd June 2007 GBP/USD Technical: GBP/USD - Resistance: 2.0000 - Support: 1.9700 - Trending higher towards the 2.00 barrier, analysis of Fibonacci retracement levels...This article is courtesy of DailyFXUS Dollar / Japanese Yen Technical Levels | US Dollar / Canadian D… more » Categories: Forex News USD/CAD - The Pair to Short-Term Range Trade23rd June 2007 Though we have an open EURCAD trade through an earlier recommendation, the suggested USDCAD long would help to offset the Canadian dollar exposure. For...This article is courtesy of DailyFXLondon am | Economic Calendar for Today | Daily Report: Yen Tumbl… more » Categories: Forex News Dollar and Dow Breaks Down: Is This the Beginning of a Global Unwind?23rd June 2007 The financial markets have taken traders on a rollercoaster ride this past week. The Dow, bond yields and the US dollar went from being up strongly yesterday...This article is courtesy of DailyFXTapping home equity after a bankruptcy | Australian Dollar… more » Categories: Forex News No Fundamentals Due For Release23rd June 2007 The New Zealand economic calendar closed out the week on a strong note. Consumer spending, through the use of credit, rose 5.8 percent in the year through...This article is courtesy of DailyFXEuro / US Dollar Technical Levels | Australian Dollar Objectiv… more » Categories: Forex News Headlines: UK News23rd June 2007 Extending gains realized post BoE minutes, the pound climbed to 1.9975 just shy of the key psychological level of 2.00. Although the rallying currency...This article is courtesy of DailyFXEconomic Calendar for Today | US Dollar / Canadian Dollar Technica… more » Categories: Forex News British Pound Rallies on Potential UK Protectionism23rd June 2007 The British Pound came within an arms length of the psychologically important 2.0 level. Although there was no new data released, traders continued to...This article is courtesy of Forex BlogMid-Day Report: ADP Employment Disappoints, FOMC Minutes Next |… more » Categories: Forex News Kiwi Ascends To Record Highs23rd June 2007 The New Zealand dollar continued its winning streak as the high yield propelled the Kiwi dollar to record-highs. With the carry trade fashion in full swing,...This article is courtesy of DailyFXAudio Interview: Arianna Huffington on the Future of the New… more » Categories: Forex News Intervention by the Reserve Bank of New Zealand?23rd June 2007 Was there intervention by the Reserve Bank of New Zealand today? Nothing was confirmed, but the intraday price action of the New Zealand dollar certainly...This article is courtesy of Forex BlogUS Dollar /Swiss Franc Technical Levels | US Dollar / Canadi… more » Categories: Forex News Euro and Swiss Franc Surge on Hawkish Comments23rd June 2007 The Euro finally broke out and hit a 2 week high today despite a weaker than expected German IFO report. Business sentiment deteriorated in the month of...This article is courtesy of DailyFXThe Advantages of Web-based Credit Card Processing | US Dollar /… more » Categories: Forex News Euro Shrugs off Weaker IFO, Yen to 125.00?22nd June 2007 Talking Points - Japanese Yen: Breaks 124.00 as carry continues - Euro: IFO worse but Industrial New Orders better - Pound: 2.000 in sight - Dollar: No...This article is courtesy of DailyFXCanadian Dollar 1.0750 is Key | AceTrader | New Zealand Dollar Ob… more » Categories: Forex News Yen Falls to Record Lows22nd June 2007 This week, the President of the Central Bank of Japan essentially ruled out the possibility of a near-term rate hike, which was
exactly the kind of reassuring news forex carry traders wanted to hear. As a result, the Yen quickly dropped to record
lows ag… more » Categories: Forex News Yen Continues to be Hammered22nd June 2007 The yen broke through the 124 figure as carry trade continues on a large scale. Stock market declined on speculation that the rise in the bond yields might...This article is courtesy of DailyFXUS Dollar / Japanese Yen Technical Levels | British Pound: B… more » Categories: Forex News Aussie Reaches 18 Year High Against The Dollar - The Sky Is the Limit?22nd June 2007 The Australian stock exchange was the only disappointment today, as falling metal prices and worse than anticipated performance of few large Australian...This article is courtesy of DailyFXUS Dollar / Japanese Yen Technical Levels | Euro / US Dollar Tech… more » Categories: Forex News Mid-Day Report: Dollar Sharply Lower, So is Yen, Cable Pressing 222nd June 2007 Dollar is sold off in early US session on a couple of factors including fears of majors fund losses stemming...This article is courtesy of Action ForexMid morning Forex market comment. | US Dollar /Swiss Franc Technical Levels | US Dollar / Japanese Yen… more » Categories: Forex News German IFO May Force The Euro To Test Support Once Again22nd June 2007 German IFO-Business Climate (JUN) (08:00 GMT) German IFO-Current Assessment (June) (08:00 GMT) Expected: 108.4 Expected: 112.2 Previous: 108.6 Previous:...This article is courtesy of DailyFXUS Dollar /Swiss Franc Technical Levels | Economic Calendar for… more » Categories: Forex News Daily Report: Carry Trade Dominates, Swiss Franc Boosted by Growth Upgrade22nd June 2007 Carry trades continues to dominate the market. Yen is pressured across the board with AUD/JPY surging to 16 years high...This article is courtesy of Action ForexBritish Pound 1.9700 Support...For Now | US Dollar / Japanese Yen Technical Levels | Forex Tr… more » Categories: Forex News New Zealand dollar Trading Back Near Pre Intervention Levels22nd June 2007 It seems that fading intervention is the market?s best bet as the initiatives taken by the Reserve Bank of New Zealand has done little to stem the currency?s...This article is courtesy of DailyFXWeekly Outlook: Strong Comeback in Carry Trades | Euro / US… more » Categories: Forex News Stronger Economic Data Keeps British Pound Steady Against the Dollar22nd June 2007 Among the majors, the British Pound held up the best against the US dollar thanks to continued optimism about further interest rate hikes and stronger...This article is courtesy of DailyFXTrading Forex with Woodies CCI | Euro / US Dollar forex update | E… more » Categories: Forex News Uptrend Returns in Dow, Bond Yields and US Dollar22nd June 2007 The snapback in the Dow Jones Industrial Average today was nothing short of impressive. Having been down over 100 points yesterday, the Dow slid another...This article is courtesy of DailyFXBritish Pound / US Dollar Technical Levels | Euro / US Dollar (E… more » Categories: Forex News Euro: Becoming the Perfect Currency for Range Traders22nd June 2007 Range traders should be having a ball with the Euro as the currency pair oscillates within a 30 pip range throughout the US session. Range trading has...This article is courtesy of DailyFXUS Dollar / Swiss Franc Technical Levels | Brazil Aims to Curb App… more » Categories: Forex News USD/JPY Hits New 4 Year High22nd June 2007 Unsurprisingly the fact that the Dow failed to slide for another day has led to a rebound in carry trades. Yen weakness remains the predominant theme in...This article is courtesy of DailyFXEuropean closing forex comment | US Dollar / Japanese Yen Techni… more » Categories: Forex News Foreign Stock Markets Open To Domestic Investors22nd June 2007 See the article...This article is courtesy of DailyFXFinancial Market Indicator Snapshot | Financial Market Indicator Snapshot | US Dollar / Japanese Yen Technical Levels more » Categories: Forex News How Does Terrorism Affect Your Trading?21st June 2007 Most American traders know that a majority of stock market investments have
become global over the past quarter century. Even homegrown companies have
expanded with overseas offices or, at the minimum, overseas clients have come
on board through the Inte… more » Categories: Forex News Japanese Yen Stalls Below 124.0021st June 2007 Commentary : "It is our working assumption that the USDJPY is working higher in a C wave towards the 128.00 area over the next few weeks/month. The 78.6%...This article is courtesy of DailyFXAfternoon Forex comment | USD/CAD - Large Wave 4 to 1.0950/1.11… more » Categories: Forex News Canadian Dollar 1.0750 is Key21st June 2007 Commentary : It is possible that a double zigzag correction is complete at 1.0750 in the wave 4 position (of the 5 wave decline from 1.1879). If this is...This article is courtesy of DailyFXFinancial Market Indicator Snapshot | Euro Clipped by Weak Retai… more » Categories: Forex News Swiss Franc Complex Correction21st June 2007 Commentary : We mentioned that support is at 1.2350 and the USDCHF bounced yesterday at 1.2353 in what is likely wave X in what will be a complex correction...This article is courtesy of DailyFXEuro / US Dollar Technical Levels | Euro / US Dollar Technic… more » Categories: Forex News Australian Dollar Upcoming C Wave21st June 2007 Commentary : The rally fom last week?s low is impulsive, and strongly indicates that at least one more 5 wave rally is expected with .8332 remaining intact....This article is courtesy of DailyFXEuro / US Dollar (EUR/USD) Technical Levels | Euro / US Dol… more » Categories: Forex News New Zealand Dollar Spikes Above Previous High21st June 2007 Commentary : There is no change from yesterday as Kiwi continues to confuse. "The 5 wave decline from .7637 to .7465 suggested to us that at least another...This article is courtesy of DailyFXUS Dollar / Japanese Yen Technical Levels | | Dollar Closes U… more » Categories: Forex News Euro Correcting Gains21st June 2007 Commentary : The 5 wave rally from 1.3261-1.3437 indicates that the larger trend is up unless 1.3261 is broken. However, a 5 wave decline at a smaller...This article is courtesy of DailyFXEuro / US Dollar Technical Levels | Chinas Forex Arm Begins Invest… more » Categories: Forex News British Pound Bullish Above 1.978021st June 2007 Commentary : Like the EURUSD, the structure in Cable is bullish but the correction that began at 1.9947 is likely to continue for a little longer. Waves...This article is courtesy of DailyFXEuropean closing forex comment | Are You Ready For A Business Fr… more » Categories: Forex News Euro Weak Across the Board - Bearish EUR/JPY Opportunity21st June 2007 - Euro Correcting Gains - Japanese Yen Stalls Below 124.00 - British Pound Bullish Above 1.9780 - Swiss Franc Complex Correction - Canadian Dollar 1.0750...This article is courtesy of DailyFXMid-Day Report: Dollar Extends Rally against Euro, Sterling Shr… more » Categories: Forex News Bad News Cannot Break Support for Bullish Australian Markets21st June 2007 Australian markets saw negative initial pressure on both Aussie against the US dollar and ASX. Falling gold prices and a drop in US equities were much...This article is courtesy of DailyFXEconomic Calendar for Today | Daily Report: Markets Await US Retai… more » Categories: Forex News |
|
||||
