Was the Dollar's Rally a Reversal or Temporary Bounce? (Forex Video) (Daily FX)
A round of better-than-expected data boosts the dollar; but do fundamentals and technicals support follow through in a trend? us.rd.yahoo.com |
British Pound Volatility Threat High as Currency Markets Focus on BOE Minutes (Euro Open) (Daily FX)
The British Pound may be in for a volatile session ahead as the release of minutes from this month?s Bank of England monetary policy meeting top the economic calendar in European hours. us.rd.yahoo.com |
Dollar decline pauses; euro stays just under $1.50 (AP)
The dollar rout paused on Tuesday morning, with the euro hovering just short of $1.50 as stocks trickled lower. Over the weekend, the world's leading economies agreed to keep stimulus measures in place, while the Group of 20 finance ministers steered clear of mentioning the weakness of the U.S. currency. us.rd.yahoo.com |
Swiss Franc Looks to Break Range as Growth Fears Rise (Daily FX)
Swiss Franc Looks to Break Range as Growth Fears Rise Fundamental Forecast for Swiss Franc: Bearish - Swiss GDP rose 0.3% in the third quarter ending a yearlong recession - Consumer prices were flat in November from a year ago, after falling for eight straight months - The SVME-PMI rose to 56.9 from 54.0 in October, as manufacturing expanded for a fourth straight month The Swiss Franc tumbled at the end of the week as broad based dollar strength on the back of the strong NFP print. us.rd.yahoo.com |
What is the Average Directional Index (ADX)? (Daily FX)
You see that the EUR/USD was moving up strongly, so you bought this pair on the last pullback. us.rd.yahoo.com |