Forex book review: Making Sense of the Dollar
Guest Post by John Forman
John Forman is a Forex author and expert. He is the Senior Foreign Exchange Analyst for the IFR Markets group of Thomson Reuters and frequent blog poster on Currensee.com.
You may be familiar with Marc Chandler from appearances on CNBC and/or reading articles he’s published in [...]
EUR/USD Rise Calmed on Durable Goods and Jobless Claims
Core Durable Goods Orders came out better than expected. This gave the greenback some energy after almost 24 hours of weakness. This sets the tone just before Christmas.
Durable Goods Orders rose by only 0.2%, less than a 0.6% that was predicted. But a bigger gap between expectations and the actual release was seen in the [...]
Dollar Rally Stopped with Weak New Home Sales
The dollar rally came to a halt with the release of the disappointing American New Home Sales. The dollar weakened against (almost) all the currencies. Just before Christmas, the greenback is far enough from the highs it reached in recent days. Well, apart from one currency.
Forex Daily Outlook – December 18th 2009
This turbulent week comes to an end with a Japanese rate decision and important releases from Britain and Germany. Let’s see what’ up for today:
Britain starts the day with the release of the GfK Consumer Confidence which is expected to rise after a disappointing fall last month to -17 points. Note that this confidence indicator [...]
Forex Daily Outlook – December 14th 2009
The new forex week starts with the Euro at crossroads, after tumbling down on Friday. European industrial production stands out today, among other events. Let’s see what’s up for today:
Arabic version of this daily outlook
Japan provides a strong start to the day, with the release of the Tankan Manufacturing Index. This important indicator is expected [...]
Credit Crunch is back in town – weekly roundup
The week splits to two parts: before the Dubai crisis and after it. The first part saw a falling dollar across the board with new records in some currencies. The second part saw a very sharp reverse move, that saw a reversal of its own today. Fear took over the markets on Thanksgiving. Does today’s [...]
Aussie and Kiwi out of range
While most currencies are stuck in the same range in the past two weeks, the AUD/USD and NZD/USD are out of these ranges – to the downside. The sun currently doesn’t shine on the high yielding currencies of the south pacific.
AUD/USD out of range – click to enlarge.
Yesterday I described how the EUR/USD is trading [...]

