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Monthly archive June, 2013

Weekly Forex Trading Forecast

Japanese Yen at Risk for Further Losses on Dovish BoJ Governor Kuroda The Japanese Yen continued to give back the advance from May, with the USDJPY climbing back above the 99.00 handle, and the low-yielding currency may face additional headwinds in Read More →

Gold: $1181 Paramount for Bulls- Muted Recovery Ahead of U.S. NFPs

Gold_1181_Paramount_for_Bulls_Muted_Recovery_Ahead_of_US_NFPs_body_Picture_1.png, Gold: $1181 Paramount for Bulls- Muted Recovery Ahead of U.S. NFPs
Gold: $1181 Paramount for Bulls- Muted Recovery Ahead of U.S. NFPs Fundamental Forecast for Gold: Neutral Gold Plunges as Fed QE Reduction Bets Read More →

Fresh USDOLLAR Highs on Tap- AUD to Threaten New Lows on RBA

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10851.74 10856 10780.25 0.64 88.22% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.64 percent higher on the last trading day of June as the final reading for the Read More →

Yen Sinks as Fed Officials Talk Down QE Reduction Bets

The Japanese Yen sank amid a recovery in risk appetite in Asia after Fed officials poured cold water on QE reduction expectations. More of the same is hinted ahead. Talking Points Japanese Yen Sinks as Fed Officials Talk Down QE Reduction Speculation German Read More →

FX Headlines: European Data Watch for June 28, 2013

EUROPEAN FX HEADLINES: WEEK OF JUNE 23 - British Pound Eyes Fresh Highs on Faster Inflation, BoE Minutes - Euro Biased Lower amid Mixed Docket and Signs of Revived Crisis - Light Docket Puts Focus on Developing Theme – Higher US Yields and Read More →

Dollar Advances a Third Day as S&P 500 Returns to Critical Level

Dollar Advances a Third Day as S&P 500 Returns to Critical Level Euro: It’s Core Versus Periphery Eurozone Once Again Japanese Yen: Market Weighs BoJ Success in Dense Round of Data New Zealand Dollar: Does the RBNZ’s Announcing Intervention Help? British Pound Drops Against Read More →