| Euro Consolidates Near Top of Range (Daily FX) The EURUSD is near the top of its mutli-month range. In this position, there is possibility of a breakout in which case bulls would target the December 2008 high of 1.4720. 1.4170-1.4200 is potential support. us.rd.yahoo.com |
Forex Weekly Trading Forecast - 09.21.09 (Daily FX) US Dollar Overdue for a Technical Bounce, But Fundamental Reversal... Euro: Not as Strong as the EURUSD?s Trend Suggests Japanese Yen Forecast Bullish on Lack of Intervention Threat British Pound Decline May Be Indicative of Long-Term UK Macro Outlook Swiss Franc Trading Hinges on Yield Outlook, Risk Sentiment Canadian Dollar Risks Decline on Crude Oil Price Pullback Australian Dollar Remains Supported By Interest Rate Expectations New Zealand Dollar To Weaken as Growth Rate Contracts, Trade Falters us.rd.yahoo.com |
Another Big Miss for Payrolls? (TradingMarkets.com) Non-farm payroll figures missed estimates substantially last month, will another wildly over optimistic forecast this month result in another big miss? us.rd.yahoo.com |
Euro-Zone PPI Tumbles for the Tenth Month (Daily FX) Producer prices in the Euro-Zone plunged at an annual pace of 6.7% in October from the previous year after tumbling a revised -7.6% in the previous month amid economists’ expectations for a 6.8% decline, the European Union’s statistics office in Luxembourg stated today. us.rd.yahoo.com |
Forex Strategy Outlook: US Dollar Range Trading Strategies Attractive (Daily FX) Forex options market volatility expectations continue to trend lower, giving little indication that currencies are likely to break out in the days ahead. We will accordingly shift our strategy bias towards those who tend to improve during times of slow price action and treat higher-volatility strategies with a degree of skepticism. us.rd.yahoo.com |