US Dollar Eyes Further Lows as Forex Volatility Tumbles
US Dollar volatility trades near its lowest levels since the onset of the financial crisis in 2008; we favor further USD losses against the Australian Dollar and other forex counterparts.
USD Reversal To Accelerate, Australian Dollar Outlook Weighed By RBA
The greenback bounced back on Monday, with the Dow Jones-FXCM U.S. Dollar Index advancing to a high of 9,763, and the reserve currency should continue to recoup the losses from earlier this year as the shift away from risk-taking behavior gathers pace.
2 Ways to Trade a 2500 Pip Trend
Learn where to enter and exit once you find a strong trend to trade.
Canada’s January Ivey PMI Hits 8-month High; Loonie Mixed
Canadian Ivey Purchasing Managers Index (PMI) surprisingly hits eight-month high in the first month of 2012, indicating faster pace of purchasing activity in the Canadian economy.
US Dollar Finds Support Early in the Week as Equities Slide- Euro Heavy
Risk appetite has gone on the defensive in early North American trade as EU officials struggle to approve the next tranche of Greek aid. The dollar is bid higher as higher yielding assets retreated. Here are the key levels to watch on EURUSD and USDJPY.
Euro Worst Performer as Greece Tip Toes Around Another Deadline
The Japanese Yen and U.S. Dollar were the top two performing majors in the overnight as the Greek debt saga took another turn for the worse. The Euro trailed the pack as Greece has backed the Euro-zone into a corner.
USDCHF Breaks Early Month Range – Focus on 9400
The USD begins the week on the offensive. The USDCHF, in particular, has broken through resistance.
Euro Reversal To Gather Pace Ahead Of ECB, Sterling Holds Tight Range
Market sentiment waned on Monday as Greece struggles to secure a debt deal, and the shift away from risk-taking behavior should gather pace during the North American trade as European policy makers struggle to stem the heightening risk for contagion.
Investors Still Waiting on Greece; Euro Attempts to Hold Above 1.3000
The Euro remains under pressure into Monday and will be at the mercy of the developments out of Greece where market participants will be watching to see if a resolution can be reached…
FOREX: Euro Slumps, US Dollar Gains as Greece Flirts with Default
The Euro sank and the US Dollar rose against the major currencies as Greek indecision on a second bailout package brought it the closest yet to a credit default.
