| Dollar Will have to Turn to Risk Aversion as Rate Forecasts Dim (Daily FX) Over the past week, the dollar has maintained its high-level volatility; but the pace of the market still has not translated into direction. This is partially a consequence of thin liquidity through the end of the summer and into the long, holiday weekend; but the same general affliction for the broader speculative market suggests the unusual calm has deeper fundamental roots. us.rd.yahoo.com |
EUR/USD Presents Scalping Opportunity Ahead of Non-Farm Payrolls (Daily FX) The upcoming U.S. Non-Farm payroll report is usually preceded by a period of low volatility. Given the importance of tomorrow?s release with the lingering questions over future consumer consumption, we could see similar price action. us.rd.yahoo.com |
Forex Strategy Outlook: US Dollar Forecast Holds Key to Strategy Bias (Daily FX) Forex options market volatility expectations have once again dropped considerably to start the week’s trade, giving mixed outlook for trading strategy biases in the week ahead. Our 1-week volatility index trades at its lowest levels in nearly 14 months. us.rd.yahoo.com |
Euro Struggles Against Dollar's Strength, Looks to Heavy Data (Daily FX) Euro Struggles Against Dollar’s Strength, Looks to Heavy Data Fundamental Forecast for Euro: Bearish - Tension building as Greece is on the verge of default while Spain’s credit outlook is downgraded - ECB maintains its outlook for a moderate recovery in 2010 - EURUSD’s technical backdrop ready to support bearish momentum The euro’s biggest fundamental driver is the health of the US dollar. us.rd.yahoo.com |
Oil and Metals Consolidate, Brace for Volatility Ahead (Daily FX) Oil, gold and silver prices face a session of sharp volatility ahead as markets are forced to contend with the back-to-back impact of a string of US fourth quarter earnings releases, the FOMC announcement, and the US State of the Union address. us.rd.yahoo.com |