FX News

Forex markets are positioned for a US Dollar selloff as the Federal Reserve expands stimulus efforts but such an outcome is not as assured as it may seem. Talking Points US Dollar to Rally vs. Majors if Fed Decides Against Unsterilized Bond-Buying British Read More →

Dollar, Risk Trends Ready for Severe Volatility on Fed Decision Euro Rallies After Greece Completes Bond Buy Back Effort British Pound: Watch Non-Risk Crosses for UK Jobs Data Impact Swiss Franc Tumbles after Country’s Largest Bank Introduces Negative Rates Australian Dollar at High Risk Read More →

EURUSD Daily Chart In last week's Scalp Report, we highlighted the EURUSD which was approaching key resistance at the 1.31-threshold. Indeed this level held with the pair triggering all of our support targets before reversing just below Break Target 4 at Read More →

Only nimble and savvy short-term forex traders should attempt to play a knee-jerk reaction on Wednesday at the conclusion of the latest Federal Open Market Committee's (FOMC) two-day monetary policy meeting. Nervous markets are moving on Tuesday as traders price in Read More →

Trading the News: Federal Open Market Committee Meeting What’s Expected: Time of release: 12/12/2012 17:30 GMT, 12:15 EST Primary Pair Impact: EURUSD Expected: 0.25% Previous: 0.25% DailyFX Forecast: 0.25% Why Is This Event Important: There’s speculation that the Federal Open Market Committee (FOMC) will expand its open-asset purchase Read More →

Article Summary: The US Dollar and Japanese Yen are positioned for further losses as slow market conditions hurt the safe-haven currencies. We will trade the US Dollar and Japanese Yen downtrends until a shift in forex conditions. DailyFX PLUS System Trading Read More →