USD/JPY May Become Scalping Target as S/R Levels Firm (DailyFX)
The USD/JPY has been surprisingly under pressure as a surge in risk appetite has led to across the board dollar weakness. The greenback and yen have been the primary funding currencies and typically see weakness when optimism prevails. finance.yahoo.com |
Fears of global growth slowdown support dollar (AP)
Fears of a slowdown in global growth continued to support the dollar Friday. The U.S. currency hit a one-month high versus the euro, which is used by 16 European countries with a broad range of economic growth forecasts. finance.yahoo.com |
New CFTC Forex Trading Rules Call For 50:1 Leverage
[at Forbes] - The new leverage rule calling for a minimum 2% deposit on trading major forex currencies off-exchange seems on par with what commercial banks like Citi FX Pro offer their retail forex trading customers now. us.rd.yahoo.com |
Latin American Markets: Mexico peso up after Fed, local data
The peso gains ground as the Fed looks poised to release further stimulus. us.rd.yahoo.com |
Treasury yields, dollar up after new-home sales
The dollar extended gains slightly and Treasury prices stayed down on Wednesday after a report showed the pace of new home sales rose 6.6% to 307,000 in September. The dollar index , which measures the U.S. unit against a basket of six major currencies, rose to 77.991, from 77.897 before the data and up from 77.670 in late North American trading on Tuesday. us.rd.yahoo.com |