Today is Tue, November 25, 2014 17:25:36 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook

Week in FX Europe – Draghi Hands Ammo to Euro Bear

Draghi’s Dovish Remarks Suffocate EUR Market expects ECB to announce new measures in December Greater Euro/U.S rate divergence needs to be priced The euro bear got a subtle hint yesterday to consider “not” booking any EUR profits just yet, all because the EUR bull happened to be blinded by flash purchasing mangers’ index (PMI) numbers. […]

Week in FX Europe – Sterling Bulls Burned by Carney

Pound pummeled by bears’ license to roam U.K.’s first rate hike delayed Political uncertainty weighs on pound The sterling bear got a license to roam after Governor Mark Carney at the Bank of England (BoE) delivered some dovish expectations in the most recent Quarterly Inflation Report released midweek. The pound has hit a multiyear low […]

U.S. Dollar Ducks and Dives for Respect

Sterling bulls stung by QIR The “Wonder” from down-under hurt by RBA comments Japan to weaken Yen by any means Swiss gold referendum nears This market is a natural U.S. dollar lover, nevertheless, investors are still searching for an incentive to help kick-start the buck to regain focus and begin the next leg higher. The […]

U.S. Dollar Insuppressible

It’s near impossible to keep a good thing down and the U.S. dollar is not exempt from that fact, having found its way again after a somewhat disappointing non-farm payroll (NFP) report last Friday. Today’s partial market holiday in the U.S., Canada, and France could add further spice to an already thin market. On a […]

Dollar Overextended and Facing Event Risks This Week

The overextended U.S. dollar long positions remain under pressure on Monday morning, mostly in the wake of the slightly disappointing nonfarm payroll (NFP) print last Friday. Historically, the first North American session after the jobs release is usually the quietest day of the month, which should give any battle-scared investor enough time to recalibrate. The […]

Quick, Call the SNB! EUR/CHF Sf1.2000 Floor in Sight

Talking Points: EURCHF nears Sf1.2000 floor, at lowest rate since Sept 2012. EURUSD acting as inverse of USDCHF; EUR loses elsewhere. Rolling 20-day correlation between EUR and CHF is +0.98. The Euro-Zone financial crisis and its resulting toll on monetary policy weren’t limited to the European Central Bank: the Swiss National Bank has been an […]

Week in FX Europe – ECB Signals more Stimulus in the Pipeline

Draghi reaffirms he is in charge ECB preps to increase balance sheet to 2012 levels NFP expected to orchestrate EUR’s downfall This week’s ECB press conference explained away some of the markets concerns, especially those pertaining to President Draghi’s leadership. Investors were seeking guarantees that Draghi is still in control, and remains the leader to […]

US Dollar May Rise as Status-Quo FOMC Clashes with Dovish Market Bets

Talking Points: FX Markets to Look Past European News-Flow, Focus on FOMC Outcome US Dollar to Rise if Static Fed Statement Clashes with Dovish Market Views See Economic Releases Directly on Your Charts with the DailyFX News App A quiet economic calendar in European trading hours is likely to see traders looking ahead to what […]

Week in FX Europe – Dollar Longs Enjoying The Ride

Equities worst week in three years U.S dollar reclaims FOMC losses Dollar crowded trade remains intact If nothing else, the forex space has found some of its lost mojo. Investors are now dealing with strong intraday volatility again and with volatility comes more opportunities. This is certainly a far cry from the countless days of […]

Dollar Bulls need more patience

Central Banks continue to call the shots. If it’s not RBA talk or ECB standing aside, it’s a few nervous and candid Fed members that have upped the stakes in intraday volatility and volume. Speculators and investors don’t care whom or why just as long as there is currency movement – it provides opportunity. The […]

Aussie Dollar Looking Beyond Status-Quo RBA Policy Announcement

Talking Points: Aussie Dollar Flat as RBA Keeps Rate Setting Unchanged as Expected Swiss Franc Unlikely to Find Volatility in September’s Inflation Report Familiar Sentiments from Fed Officials May Do Little for the US Dollar The Australian Dollar was little-changed after the Reserve Bank of Australia opted to keep its benchmark interest rate unchanged at […]

Week in FX Europe – EUR Run Ragged after Consolidation

U.S. dollar adjusts to mid-2015 rate hike ECB could use additional unconventional measures With QE on the table the EUR could hit €1.20 in six months Diverging monetary policies have fueled the U.S. dollar’s strength this summer, more so against the EUR than any of the other Group of Seven (G-7) currencies. On Thursday, the […]

Week in FX Europe – Swiss Floor Not under Immediate Threat

SNB more dovish than expected Swiss floor supported by potential forex intervention SNB inflation projections lowered The Swiss National Bank (SNB) provided no major surprises in its quarterly policy review earlier this week, but the tone of its statement was probably more dovish than the market had expected. For the 13th consecutive quarter, the SNB […]

Scottish Pride Pounds Sterling

The U.S. dollar remains king. It has risen against a broad basket of currencies for nine consecutive weeks and so far has completed its longest winning streak in 17 years. Will the Federal Reserve end its winning ratio or is it to be a temporary blip before pushing on to greater heights? Many expect the […]

Scottish Pride Pounds Sterling

The U.S. dollar remains king. It has risen against a broad basket of currencies for nine consecutive weeks and so far has completed its longest winning streak in 17 years. Will the Federal Reserve end its winning ratio or is it to be a temporary blip before pushing on to greater heights? Many expect the […]

Dollar and Sterling Get Direction

Strap in and be prepared for opportunities, as this is a big week for investors and capital markets. Geopolitical events, a few central bank meetings, and the Scottish referendum are supporting the recent uptick to both volume and volatility, especially in the forex asset class. The U.S. dollar remains king, as both the currency and […]

Top Trade Idea For September 15th, 2014 – EUR/USD

Last week, we recommended a USD/CHF long towards 0.9350 on a fourth wave pullback. While our target was reached, price didn’t pull back enough to trigger the entry. This time, we’ve waited for a euro fourth wave pullback to end and have designed a short trade around it. This one-hour chart includes a simple Elliott […]

Week in FX Europe – Sterling Bulls and Russian Bears Remain Active

Scottish “No” picks up momentum Sterling tries to fill in plummeting gap Russian Bear is not endangered Sterling is closing out the week holding on to its late Thursday’s gains (£1.6250) after another poll on Friday morning revealed a stronger “No” count for Scottish independence. The September 11 Survation online poll for the Daily Record […]

It’s Sink or Swim for Sterling

This morning, European equities are on the back foot, taking their lead from the slide in Asia and North America in the overnight sessions. European bourses are on the verge of forgoing all recent gains earned after the European Central Bank (ECB) President Mario Draghi’s surprise rate cut last week. Not helping investors’ risk appetite […]

British Pound Sinks as Scottish Independence Poll Fuels Capital Flight

Talking Points: British Pound Sinks as Scottish Independence Poll Sets Off Capital Flight Swiss Franc May Decline if August Inflation Data Falls Short of Forecasts See Economic Releases Directly on Your Charts with the DailyFX News App The British Pound tumbled against all of its major counterparts to start the trading week, losing as much […]

Powered by DayLife

Complete Calendar
ArabicChinese (Simplified)EnglishGermanItalianJapaneseRussianSpanish