Australian Dollar Technical Outlook
Wednesday, July 2nd 2008 13:33
The rally from .9511 is an impulse, indicating that the AUDUSD trend remains up.
Canadian Dollar Technical Outlook
Wednesday, July 2nd 2008 13:32
This is a close up view of wave E of the triangle (which is larger wave B within an A-B-C from .9055).
Swiss Franc Technical Outlook
Wednesday, July 2nd 2008 13:31
The USDCHF is probably on its way to a new low.
British Pound Technical Outlook
Wednesday, July 2nd 2008 13:30
A C wave (of either a triangle or flat) is underway.
Yen Technical Outlook
Wednesday, July 2nd 2008 13:29
We wrote yesterday that "the USDJPY decline from 108.57 could be the beginning of larger wave 3.
Euro Technical Outlook
Wednesday, July 2nd 2008 13:27
The EURUSD is expected to exceed 1.6018 and continue on to all-time highs in the next few weeks.
Strong Factory Orders Number Confirms ISM Rebound
Wednesday, July 2nd 2008 13:13
See the article...
US Dollar Under Pressure
Wednesday, July 2nd 2008 12:49
The EURUSD triangle count is eliminated with the push through 1.5843. Still, a small second wave should unfold in the EURUSD next week and bring the pair...
Consumer-Price Growth Concerns ECB, RBA - Are More Rate Hikes in Near Future?
Wednesday, July 2nd 2008 10:04
See the article...
Traders Push Back Speculation Of A Fed Hike As Growth, Markets Sour
Wednesday, July 2nd 2008 9:11
The FOMC rate decision passed as expected with the policy group bringing the most aggressive interest rate easing cycle in decades to an end by leaving...
Pound Crushed By Weak Construction PMI; Euro Remains Bid
Wednesday, July 2nd 2008 8:47
Pound lost more than 100 points in early London trade today after the construction PMI data showed a marked decline printing at 38.9 versus 43.1 forecast.
London Open: Australian Dollar Reverses Higher as Retail Sales Improve
Wednesday, July 2nd 2008 4:13
Australian dollar price action commanded attention overnight as May Retail Sales overshot expectations, expanding by 0.7% versus 0.1% expected. The upside...
Dollar falls under oil pressure
Wednesday, July 2nd 2008 0:00
The dollar, which had remained relatively firm for several weeks despite mounting pressure from rising oil and gas prices, has... Jul 02 2008 09:18AM BST
EUR/USD Could Break Above 1.5800 On Record Surge in Euro-zone PPI
Tuesday, July 1st 2008 20:33
Price growth at the factory gate in the Euro-zone is anticipated to accelerate even faster in May, as Eurostat is anticipated to report a 0.9 percent rise...
British Pound Fails to Hold 2.0
Tuesday, July 1st 2008 20:23
For the first time in 2 months, the British pound hit 2.0 against the US dollar. Unfortunately the currency pair failed to hold above this level as weaker...
Euro: More Reasons to be Hawkish
Tuesday, July 1st 2008 20:21
The Euro remains firm ahead of the ECB meeting on Thursday. Yesterday, the June consumer price index estimate came in at 4% double the central bank?s 2%...
Australian Dollar Hit by Dovish RBA Comments and Weak PMI Report
Tuesday, July 1st 2008 20:18
To the surprise of Australian dollar traders, the Reserve Bank of Australia left interest rates unchanged at 7.25 percent and signaled that despite inflationary...
EURUSD: Short Term Bearish Potential
Tuesday, July 1st 2008 20:14
We?re up 300 pips on the GBPAUD trade. Risk should be moved to breakeven (2.0585). Bullish potential remains significant. There is currently a bearish...
Forex in 60 Seconds - Strong German Numbers Raise Bets On An ECB Hike
Tuesday, July 1st 2008 20:03
See the article...
Big Reversals Lift the US Dollar
Tuesday, July 1st 2008 20:00
- Euro: More Reasons to be Hawkish - British Pound Fails to Hold 2.0
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