Fed Mini-Hike – Which Currencies Are More Vulnerable
Ben Bernanke surprised everybody with a hike of the Fed’s discount rate. The response was immediate and shook all the markets. Some currencies weathered the storm, while others are at critical spots. Here’s a quick damage control.
The Federal Reserve only raised the special discount rates for banks, and said that businesses and households won’t feel [...]
USDJPY Technical Long Term Outlook
Guest Post by Nick Kanger, Head Currency Analyst at ProAct Traders
There was “talk” earlier this week that the Yen would fall to 90.00 before making any appreciable recovery. And while price did fall to 90.31, this level of support came up short of 90.00, and should be consider as a price undershoot and a sign [...]
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 8th 2009
No significant American indicators are predicted today, but elsewhere, the calendar is busy: a rate decision in Canada, Final GDP in Japan, and the unofficial but accurate GDP estimate in Britain. Let’s see what’s up for today:
Forex Daily Forecast – November 30 2009
The new forex trading week starts off with the Dubai crisis still looming. Canadian GDP, and European inflation will stand out in day with events from all over the world. Let’s see what’s up for the last day of November.
Arabic version of this post
In New Zealand, Building Consents are expected to continue rising after a [...]
Forex Weekly Outlook – November 30 – December 4 2009
The week of Thanksgiving, which was expected to be calm, was very volatile, with new lows in the dollar, that were proved temporary with the Dubai crisis. The upcoming week is already full of important indicators: rate decision in Europe and Australia, GDP from Europe, Switzerland and Canada, and the king of forex: American Non-Farm [...]
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 [...]
keep looking »
