SearchTags: carry tradesUS Dollar back in favour29th March 2006 The consensus amongst forex traders is that following the statement after the FOMC meeting the Federal Reserve is looking for possibly two more ¼ pct rises in interest rates to 5 ¼ pct. The reference to the risks from ‘higher capacity use and elevated en… more » Categories: Forex News Afternoon Forex comment24th February 2006 US Dollar / Japanese Yen update
A close below 116.70 for the Japanese Yen would be the strongest close since the end of January. This would be a strong signal for traders to take the Japanese Yen to the expected support at 116.10 and then the next targe… more » Categories: Forex News |
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