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Canadian Dollar Technical Outlook
Wednesday, November 19th 2008 9:00
The overall US Dollar/Canadian Dollar uptrend remains intact, but we see that the USD/CAD continues to fail at the 61.8 percent Fibonacci retracement of...
Australian Dollar Technical Outlook
Wednesday, November 19th 2008 9:02
The Australian Dollar/US Dollar currency pair remains in a wedge formation, and the next several days of price action will likely the next major AUD/USD...
Japanese Yen Jumps While US Stocks Close at Lowest Levels Since March 2003
Wednesday, November 19th 2008 18:01
The Japanese yen has traded very choppily lately, but remains below its October 24 highs where the low-yielding currency ran into critical resistance versus...
UK CBI industrial trends survey shows output at 18-year low in November
Wednesday, November 19th 2008 11:16
FXstreet.com (Barcelona) – Manufacturing output has declined in the United Kingdom in November to its lowest level since 1980, while the new orders remain at very low levels, according to the...
British Pound Could Tumble on BOE Minutes, US Dollar Faces Risks From US CPI, FOMC Minutes (Forex Video)
Tuesday, November 18th 2008 15:57
British pound remains under pressure as UK CPI fell more than expected on Tuesday, while the release of the BOE's November meeting minutes could signal...
Japanese Yen Eases Back as Market-Wide Consolidations Continue
Tuesday, November 18th 2008 19:12
The Japanese yen has traded very choppily lately, but remains below its October 24 highs where the low-yielding currency ran into critical resistance versus...
U.K. Pound Remains Under Pressure in Forex Trading
Tuesday, November 18th 2008 7:35
Sterling pulls back after attempted rally in currency tradingThe U.K. pound remains under pressure in forex trading on the currency market today. The sterling attempted a rally against the U.S....
EUR/USD Continues Struggle on FX Market
Tuesday, November 18th 2008 7:40
Euro remains weak in forex tradingEUR/USD continues its rangebound struggle on the FX market today. The euro has periodically been attempting to rally in forex trading against the greenback, but it...
Down Under Currencies Decline in FX Trading
Tuesday, November 18th 2008 7:56
Currency trading with the kiwi and the AussieIn currency trading, the kiwi and the Aussie are having trouble right now. The down under currencies are declining in FX trading as risk aversion remains...
EUR/USD: The Euro Dollar, in a triangle formation
Tuesday, November 18th 2008 15:50
FXstreet.com (Barcelona) – The Euro Dollar, as well as the rest of the majors, has been moving in a narrow range for the last hours and the cross is now inside a triangle pattern, according to...
Japanese Yen Slips as Japans Economy Falls into Recession for First Time Since 2001
Monday, November 17th 2008 16:37
The Japanese yen has traded very choppily lately, but remains below its October 24 highs where the low-yielding currency ran into critical resistance versus...
US Dollar Remains Inversely Linked to Stocks, But Correlations Dont Hold Forever...
Monday, November 17th 2008 16:46
• US Dollar Remains Inversely Linked to Stocks, But Correlations Don’t Hold Forever… • British Pound Gains on Technical Retracements, Downside Risks Remain •...
US Dollar Remains Inversely Linked to Stocks, But Correlations Donât Hold Forever...
Monday, November 17th 2008 17:13
Don’t let today’s volatility fool you: the US dollar remains in consolidation mode.
Forex Market Update: US Dollar Firm in Asia as Equity Declines fueled Risk Aversion
Monday, November 17th 2008 22:28
The USD remains firm on risk aversion as falling Asian equities help support the strength in the buck. After the 223 pt fall in the DJIA, Asian stocks...
Euro Rallies in Forex Trading
Monday, November 17th 2008 7:12
Currency trading with the euroThe euro is rallying this morning in forex trading on the currency market as the G-20 meeting concludes. Even though the participants made noises and promises that they...
U.S. Dollar Forex Trading Forecast
Monday, November 17th 2008 7:21
Greenback declines in the short-term in currency tradingThe U.S. dollar forex trading forecast for the short-term is showing a story of decline. The euro is rallying in forex trading, and the yen...
Japanese Yen Dominates as Demand for Carry Trades Remains Lackluster
Friday, November 14th 2008 15:22
The Japanese yen has traded very choppily lately, but remains below its October 24 highs where the low-yielding currency ran into critical resistance versus...
US Univ. Michigan consumer sentiment index edges up in November
Friday, November 14th 2008 15:14
FXstreet.com (Barcelona) – Consumer confidence has edged up very slightly in the US in November, although it still remains at historically low levels, according to the latest survey by Reuters and...
The ECB monthly bulletin observes an unusually high degree of uncertainty
Thursday, November 13th 2008 9:44
FXstreet.com (Barcelona) – The European Central bank has released its monthly bulletin where it observes that global economy is slowing down and uncertainty remains at unusual high levels, although...
USD/CAD: Dollar rise extends further
Thursday, November 13th 2008 16:12
FXstreet.com (Barcelona) – The US Dollar has continued rallying against the Canadian Dollar, and according to the ActionForex Technical Team the bias remains on the Upside: “USD/CAD's rise from...
British Pound Could Break Below 1.53 If BOE Quarterly Inflation Report Cites Deflation Risk
Tuesday, November 11th 2008 16:12
The British pound remains firmly within in a downtrend, and despite the correction higher we saw during the last days of October, it may only be a matter...
German ZEW economic sentiment index improves in November
Tuesday, November 11th 2008 10:17
FXstreet.com (Barcelona) – Economic sentiment has improved in November in Germany, although it still remains at extremely low levels, while the current situation index has worsened substantially...
Euro Remains Heavy As ECB President Trichet Reiterates Dovish Bias
Monday, November 10th 2008 14:58
- US Dollar Remains the Safe Haven of Choice - British Pound Under Pressure As Inflation Figures Signal BOE May Continue Aggressive Rate Cuts - Commodity...
Declining German Sentiment Confirms Bearish EUR/USD Technical Outlook
Monday, November 10th 2008 22:17
The German Zew Survey is expected to show that investor confidence remains near its all time low of -63.9 at -63.0 as the outlook for the next six months...
Canadian Housing Starts ease in October, housing market remains healthy
Monday, November 10th 2008 13:27
FXstreet.com (Barcelona) – Canadian housing market has not been seriously affected by the global economic slowdown so far, according to the annual rate of housing starts posted in October which...