| Three Months of Congestion Doesn't Guarantee a Successful USDCHF Range Trade (Daily FX) The difficulty for range traders now is not in finding congestion patterns but in finding congestion patterns that have consistent and definable levels that can support a reasonable setup. us.rd.yahoo.com |
Dollar in focus ahead of G-7 FM meeting (AP) Markets will be keeping a close eye on this Saturday's meeting of finance ministers from the Group of Seven leading industrial nations to see if they go beyond the normal platitudes about currencies and try to support the dollar, which has been sold off heavily in recent weeks. us.rd.yahoo.com |
What's Up, What's Down: Buy Signals for (Most) Currencies and the RBOB (TradingMarkets.com) Higher close last Friday for natural gas, but lower for crude and the dollar index. What's in store for today's session? See the balance of Rick Alexander's morning comments. us.rd.yahoo.com |
US Dollar Finds an Impressive Rally Independent of Risk Trends (Daily FX) • Euro Looks at a Dense Calendar of Market Moving Indicators Next Week • Australian Dollar: How Much Premium Does the Aussie Economy Deserve? • Japanese Yen may be the Top Mover Early Next Week on Tankan Report • British Pound: Inflation Complicating the BoE’s Easy Monetary Policy Stance us.rd.yahoo.com |
USD/JPY Setting Up for Buy on Dip Below 89.00 (Daily FX) The Yen, Sterling and Australian Dollar have been the standout currencies on the day thus far, with price action in these currencies being driven by some obvious fundamentals. us.rd.yahoo.com |