FX News

Forex Analysis: Dollar May Rise vs Yen, Fall vs Aussie on Jobs Report

The US Dollar may rise against the Japanese Yen while falling versus the Australian Dollar if November’s US jobs report tops economists’ expectations. Talking Points Dollar May Rise vs Yen, Fall Against the Aussie as US Jobs Data Tops Forecast Euro Declines Overnight Read More →

Forex: Dollar Advances a Second Day but Risk Not Yet Supportive

Dollar Advances a Second Day but Risk Not Yet Supportive Euro Suffers Biggest Drop in a Month on ECB Concerns British Pound Drops Despite Mum BoE, 1.6000 Break Ahead? Japanese Yen: Policy Officials Once Again Try to Wrest Attention from Risk Canadian Dollar: Watch Read More →

Forex Strategy: Risk, AUD/USD Reversals Tempting but Troubled

The fundamentals, technicals and market conditions are all saying different things about the bearings of general risk trends. Looking at the charts, we see global equity indexes particularly winded at prominent resistance levels after aggressive advances. Similarly, from the FX Read More →

Forex: EUR/USD- Trading the U.S. Non-Farm Payrolls (NFP) Report

Trading the News: U.S. Non-Farm Payrolls What’s Expected: Time of release: 12/07/2012 13:30 GMT, 8:30 EST Primary Pair Impact: EURUSD Expected: 86K Previous: 171K DailyFX Forecast: 75K to 125K Why Is This Event Important: U.S. Non-Farm Payrolls are projected to increase 86K in November, and the slowdown in Read More →

Forex: USD Rebound At Risk On Soft NFPs- GBP Traders Eye BoE Minutes

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9977.54 9978.39 9935.58 0.21 113.90% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.21 percent higher from the open, expectations for a weaken employment figure may drag on the greenback, and we may see a Read More →

Forex: Euro Weighed By Bets For ECB Rate Cut- Further Losses Ahead

Talking Points Euro: ECB Lowers Inflation Forecast, Discusses Rate Cut British Pound: BoE Maintains Current Policy, All Eyes On Meeting Minutes U.S. Dollar: Struggles Ahead Of NFPs- Job Growth To Slow Euro: ECB Lowers Inflation Forecast, Discusses Rate Cut The Euro weakened to 1.3024 as Read More →