| FX Technical Weekly (Daily FX) The EURUSD is consolidating ahead of the important December 2008 high. A burst through there should complete the entire rally from the October 2008 low. The USDJPY decline has accelerated and the ultimate objective remains beneath the all-time low. us.rd.yahoo.com |
US Dollar Gains Following Bernanke Comments, Unexpected Narrowing of US Trade Deficit (Daily FX) - Euro Ends Week Just Above 1.4700 as German Trade Surplus Narrows - British Pound Down Despite Improvement in UK Trade Deficit, Rise in Producer Prices - Canadian Dollar Dominates as Economy Adds on 36,000 Jobs and Unemployment Rate Falls to 8.4% us.rd.yahoo.com |
AUD/USD Classical (Daily FX) AUD/USD â Given overbought weekly studies, we would not rule out the possibility for a major double top formation with the market seen stalling now above 0.9400 and rolling back over through neckline support at 0.8905. us.rd.yahoo.com |
Dollar holds steady against a basket of currencies Tuesday (CNNMoney.com) The dollar was flat against the euro and up versus the pound and the yen on Tuesday after the government reported mixed economic data. us.rd.yahoo.com |
A Range-Bound USD/JPY Creates Ideal Scalping Environment (Daily FX) Most pairs saw a significant amount of volatility overnight as the yen and greenback saw support on the back of increasing risk aversion. However, the USD/JPY remains in a stalemate as both funding currencies continue to gain favor. us.rd.yahoo.com |