Monthly archive January, 2013

Dollar, Risk Trends Steady Despite House Debt Approval Euro Shows Further Retreat from Crisis but EURUSD 1.3400 Top Remains British Pound: Drop in Jobless Claims, Cameron Referendum Elicit Little Trader Response Japanese Yen Advance Stalls at Critical Levels for Progress Canadian Dollar Unexpectedly Tumbles Read More →

THE TAKEAWAY: Apple Q4 earnings disappointment a potential catalyst for risk adversion turn in the market > Risk aversion may lead to greater investment in safe currencies, such as USD and Yen > Budget Ceiling vote may bolster risk seeking Read More →

Crude oil and gold may rise as the US House of Representatives votes to suspend the “debt ceiling” through mid-May but follow-through is likely to be limited. Talking Points Commodities Tread Water as Markets Wait US House Vote on Debt Ceiling Risk Appetite Read More →

It’s been an exciting session for Cable traders. The Pound fell to a new 4-month low, slightly above 1.5800 against the US Dollar, at the beginning of the European hours. The pair steadily fell following BoE Governor King’s comments yesterday about Read More →

Can Dollar, EUR/USD Break 1.3400-1.3250 Range on House Vote? Japanese Yen: Did the BoJ Meet Expectations, Will USD/JPY Break? British Pound Faces Jobs Data, BoE Minutes, Cameron Speech Euro Slides Despite Strong Investor Sentiment, Spanish Bond Sale Australian Dollar Unfazed by 4Q CPI Miss Canadian Read More →