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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 →

Forex: Euro Rallies On Hopes Surrounding EU Summit, Greek Aid Package

Talking Points Euro: EU Budget Summit Takes Center Stage, Greek Aid Package On Horizon British Pound: BoE Warns of 4Q Contraction, Inflation To Hold Above Target U.S. Dollar: Struggles During Holiday Trade, Outlook Remains Bullish Euro: EU Budget Summit Takes Center Stage, Greek Aid Read More →

Guest Commentary: Gold & Silver Daily Outlook 11.22.2012

The price of precious metals changed direction again and finished yesterday up. During the past eight business days the prices of precious metals shifted on a daily basis from gains to losses. Precious metals' recent rally coincided with the rise Read More →