FX News

Guest Commentary: Gold and Silver Outlook for 11 23, 2012

The prices of gold and silver remained nearly unchanged in the Asian markets. Today is Black Friday in the U.S so even though the markets in the U.S will be open; the low volatility is likely to continue today. The Read More →

Forex News: Euro Continues Rally Despite Indecisive First Day of Budget Talks

So, how well did the EU budget talks go in yesterday’s summit? It depends on who you ask. French President Hollande said a fuller picture will emerge today, and the EU leaders can find an agreement either today or tomorrow. Read More →

Forex Analysis: US Dollar May Rebound on EU Budget Impasse

The US Dollar may recover as lingering deadlock in EU budget negotiations fuels risk aversion and stokes demand for the go-to safe haven currency. Talking Points Euro May See Selling Pressure if PMI Data Boosts ECB Rate Cut Bets EU Budget Deal May Read More →

Forex: Dollar to Drift Until Fiscal Cliff Talks, Risk Return

Dollar to Drift Until Fiscal Cliff Talks, Risk Return Euro Advances Across the Board, EURUSD Barely Misses 1.2900 Japanese Yen Finally Puts in a Reversal…A Modest One Australian Dollar Awaits Next Yield Push, Outlook at 8 Month High Canadian Dollar Suffers Retail Sales Hit, Read More →

Forex Strategy: AUD/USD Divergence from Risk Temporary

Risk trends this past week have seen a notable improvement – both in the fundamental measures of sentiment (the Risk-Reward Index) as well as the stimulus-leveraged S&P 500. However, between the Index and US equities benchmark, we can see that Read More →

Forex: USD/CAD- Trading Canada’s Consumer Price Report

Trading the News: Canada Consumer Price Index What’s Expected: Time of release: 11/23/2012 13:30 GMT, 8:30 EST Primary Pair Impact: USDCAD Expected: 1.1% Previous: 1.2% DailyFX Forecast: 1.0% to 1.2% Why Is This Event Important: The headline reading for Canadian inflation is expected to expand 1.1% in October, Read More →