Menu

FX News

April Forex Seasonality Foresees Weakest Month of Year for USD

Talking Points: - April has produced weakest monthly performance for USD in QE era. - Japanese Yen entering bullish stretch of year (April to August). - British Pound has been best performer in April since 2009. See the full rundown of seasonal patterns broken Read More →

EUR/USD Continues to Carve Lower-Highs; 1.0710 Near-Term Support

Talking Points: - EUR/USD Under Pressure Amid Greek Headlines; Downward Trending Channel in Focus. - USD/JPY Fails to Hold Above 120.00 Despite Calls for More Bank of Japan (BoJ) Support. - USDOLLAR Pares Gains Despite Jump in Consumer Confidence- ADP, ISM Manufacturing in Read More →

What Could Greece Troubles Mean for the Euro? Substantial Volatility.

The threat of a Greek sovereign debt default has grown significantly on lack of progress Fears of a default may be self-fulfilling as investors flee Greek banking system Volatility seems nearly guaranteed ahead of critical dates between April 9-16 Greece is fast running Read More →

USD in Holding Pattern as Calendar Turns to April, Q2

Talking Points: - EURUSD carving out 1.0710-1.0790/95 range on H4. - USDJPY enters most bearish stretch of year per seasonality. - See the DailyFX Economic Calendar for Wednesday, April 1. The greenback had an outstanding Q1'15, but that means little going forward, especially this Read More →

US Dollar May Retreat as ADP, ISM Data Wighs on Fed Policy Outlook

Talking Points: US Dollar May Fall as ADP, ISM Data Undermines Fed Outlook NZ FinMin English Comments Send Kiwi Dollar Lower Overnight Access Real-Time FX Markets Analysis with DailyFX on Demand The US Dollar continued to advance higher in overnight trade, with prices on Read More →

EUR/USD to Find Relief on Dismal ISM Manufacturing- 1.0850 in Focus

- U.S. ISM Manufacturing Survey Projected to Slow for Fifth Consecutive Month. - Employment Component Has Narrowed for Two Straight Months. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. ISM Manufacturing Another downtick in the ISM Manufacturing survey Read More →