Forex News Archives

Dollar Posts its Biggest Rally in Two Months, Will it Last to NFPs?

Dollar Posts its Biggest Rally in Two Months, Will it Last to NFPs? Euro Ends a Week of Fundamental Recovery Sharply Lower Australian Dollar Traders Face RBA Decision, GDP, Employment British Pound Keeps a Balance Between Austerity and Growth Canadian and New Zealand Dollars Hold Reserved Expectations for Rate Decisions Japanese Yen: Policy Officials Will…

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GOLD Demand to Wane Amid Less Dovish Fed

Fundamental Forecast for Gold: Bearish Crude Oil, Metals Prices Under Pressure as Risk Appetite Unravels Crude Oil Gains on ECB LTRO Results, Gold Looks Ahead to Bernanke Gold Silver Outlook for March 2012 A volatile week in gold prices saw the precious metal whipsawed as remarks made by Fed Chairman Ben Bernanke saw a bout…

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Canadian Dollar Strength May Fizzle On Cautious BoC

Fundamental Forecast for Canadian Dollar: Neutral – USDCAD: Long Entry Eyed Near 0.9750 – Canadian Dollar Break Not Yet Convincing – Canadian Dollar Forecast to hit Fresh Highs The Canadian dollar rallied to a fresh yearly high in March as currency traders increased their appetite for risk, but the loonie may come under pressure next…

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Euro Restraint after LTRO Suggests Bears Ready to Force Reversal

Fundamental Forecast for the Euro: Bearish Euro doesn’t see the bullish side of a 529 billion euro, second LTRO program G20 says no to additional support for Greek rescue until greater firewalls erected Has EURUSD’s correction this past week instigated the next leg of a larger bear trend? With each week, we seem to pass…

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Euro Searches For Support As EU Fails To Impress, All Eyes On ECB

Talking Points Euro: EU Signs Fiscal Pact, ECB To Maintain Dovish Tone British Pound: Eyes 38.2% Fib For Support, BoE Meeting To Be Overlooked U.S. Dollar: Index To Threaten 61.8% Fib, Fundamentals To Have Greater Impact Euro: EU Signs Fiscal Pact, ECB To Maintain Dovish Tone Although 25-members of the EU signed the new fiscal…

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