EUR/USD Climbs on Weak U.S. Home Sales

Forex Weekly Technical Analysis – 15/01/12

EUR Gains as Strong Debt Sales Ease Risk

January 13th

Forex Weekly Technical Analysis - 07/01/12

January 7th

Gold Gains Before EU Summit

December 7th

AUD Fell Sharply After RBA Rate Cut

December 6th

Australian Dollar Update – Pressure is Building

June 23rd

Aussie Dollar Volume Versus Price

We knew that the times were extraordinary – but looking at the rapid ascent of the Aussie dollar this week is enough to get one questioning whether something else is going on. Quickfire movements such as we have seen are uncommon enough events, though the most recent decade seems to…
May 2nd

Forex Weekly Technical Analysis – 24/12/10

We are approaching year-end and thin market condition may result in high volatility. When we look at monthly charts we see that this year EUR/USD climbed up to 1.4939 and later it went all the way back to where it started. For the long term, EUR/USD will probably continue to…
December 24th

Forex Weekly Technical Analysis – 18/12/10

EUR is getting weaker each passing day. The markets have witnessed various announcements, summits and meetings in this year. EUR/USD climbed on these hope injection events but each move became shorter and as we can see investors are losing their confidence. This week we expect the trading range will be…
December 18th

Revaluing the Yuan – and Other Tales from a Drunken Sailor

June 23rd

FX Consolidates Ahead of Data

The major currency pairs remained confined to narrow trading ranges on Monday ahead of key economic reports due out this week. Tuesday’s US reports consist of the Q4 current account balance and retail sales. The current account deficit is forecasted to increase to $218.0 bln, up from the previous quarter…
March 13th

JPY Selling Accelerates, USD Recoups

The dollar was sharply higher against the yen and the euro in the Monday session, recuperating from last week’s losses against the single currency. The US economic calendar was light today, seeing just the release of factory orders, which declined by less than expected in January, down 4.5% versus an…
March 6th

Euro Soars on ECB, Yen Buoyed

The euro was the biggest gainer on Thursday, rallying sharply against the dollar, sterling and yen on the heels of a more hawkish sentiment conveyed by ECB officials. The single currency jumped past the 1.20-handle versus the dollar, while gaining a full yen to 139.62 in the New York session.…
March 2nd

Shaky Euro Braces for US Data Avalanche

This morning’s FX focus should further shift away from Japan and into the Americas with a batch of key releases from the US and Canada.
February 28th

JPY/CAD Propels Higher

Traders sent the Yen and Loonie higher in the Monday session, both propped to multi-week highs versus the dollar.
February 27th

Yen Strength Prevails

The yen was the favoured currency among traders on Thursday, rallying across the board amid speculation on the timing of potential shifts in BoJ policy. The yen climbed to a one-week high versus the dollar at 116.75 and a one-month high against the euro at 139.26. Meanwhile, economic data from…
February 23rd

USD Drops

Currency pairs remained locked in recent ranges in the New York session, with the dollar drifting lower on a strong headline CPI report but nonthreatening core figure. Also worth noting was the resignation of Fed Vice Chairman Ferguson, effective at the end of April. Ferguson’s resignation will allow for President…
February 22nd