| US Dollar Forecast Bearish, but Watch for Sentiment Shifts (Daily FX) EURUSD - Euro Forecast Modestly Bullish versus US Dollar GBPUSD - Trading Strategies Flat on Indecisive Price Action USDJPY - Japanese Yen Forecast to Gain Further against USD USDCHF - Swiss Franc Trading Bias Remains Bullish USDCAD - Canadian Dollar Expected to Gain vs. us.rd.yahoo.com |
Euro 2 Month Channel Resistance Something to Watch (Daily FX) The top of a EURUSD channel has held as resistance so far as has the midline of channels for the AUDUSD and NZDUSD. us.rd.yahoo.com |
Novartis says Q3 profit up 1 pct, raises outlook (AP) Drug maker Novartis AG posted Thursday a 1 percent increase in third-quarter net profit on strong sales of pharmaceuticals, such as its new Afinitor drug against kidney cancer, and raised its full-year outlook after the approval of its swine flu vaccines. us.rd.yahoo.com |
US Dollar: Post-NFP Rally Could Continue on Trend Breaks (Daily FX) US Dollar: Post-NFP Rally Could Continue on Trend Breaks Fundamental Outlook for US Dollar: Bullish - Dubai World concerns had short-lived impact on risk-related trades - US dollar weakness early in the week pushed gold for a test of 1200 - US non-farm payrolls fell by a surprisingly small 11,000 The US dollar rocketed higher upon the release of the US non-farm payroll report on December 4, which surprisingly showed that the labor market only lost 11,000 jobs in November, compared to forecasts for a decline of 125,000. us.rd.yahoo.com |
Forex Technical and Fundamental Forecasts for January (Daily FX) EURUSD: Euro US Dollar Exchange Rate Forecast USDJPY: US Dollar Japanese Yen Exchange Rate Forecast GBPUSD: British Pound US Dollar Exchange Rate Forecast USDCHF: US Dollar Swiss Franc Exchange Rate Forecast USDCAD: US Dollar Canadian Dollar Exchange Rate Forecast AUDUSD: Australian Dollar US Dollar Exchange Rate Forecast NZDUSD: New Zealand Dollar US Dollar Exchange Rate Forecast Our Forex Monthly Technical and Fundamental Outlook report examines long-term forecasts for major currencies, as we explore key themes ranging from chart patterns, fundamental valuations, and interest rate forecasts. us.rd.yahoo.com |