Forex Rss News

The euro is climbing on the back of the return to risk-appetite to the market

The US dollar weakened after the U.S. consumer confidence fell in August to its lowest level in four months. The dollar is on the defensive

ECB Council: No change in policy

German retail sales (July): stabilised at least EMU inflation flash estimate (August): prices still falling German adjusted unemployment (Aug): short-time work limiting rise again ECB ...

Bullish on Oil & Gas ETF

My hourly work is ³warning² me that crude oil¹s powerful rally off of yesterday¹s low at 69.83 into the morning high at 73.3 exhibits a ...

Global Recovery: Good or Bad for the U.S. Dollar?

If you've followed my commentary on currencies here in Money and Markets, you are well aware of the risk dynamic that has been driving currencies ...

Signs of global economic recovery

Given our forecast that U.S. GDP will grow in Q3 and later, we expect the 10-year Treasury yield to drift higher over time. Yet with ...

U.S. Forex Market Commentary

EURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4320 level and was capped around ...

Currency Majors Technical Perspective

EUR/USD Current price: 1.4296 Starting the week slightly bearish, pair has found strong a support at 1.4280 static zone from where the pair already bounced ...

GBPUSD broke above the upper border of the price channel

GBPUSD broke above the upper border of the price channel, suggesting that a short term cycle bottom is being formed at 1.6153 level on 4-hour ...

The Daily Forecaster

Please read the attached PDF file which provides more detailed analysis. Bias:                  Care at 77.48-73 as I feel this could stall the immediate downside ...
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