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Forex news |
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DailyFX - Forex Market News
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Forex Market News
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US Dollar Shows Signs of Life- Index Pulls Back as Traders Wait on Europe
The Dow Jones FXCM Dollar Index posted its largest daily advance in nearly three weeks ahead of key BoE and ECB interest rate decisions tomorrow. Here are the key levels to watch heading into Asia-Pacific trade.
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EUR/USD: Trading the European Central Bank Interest Rate Decision
Although market participants expect the European Central Bank to keep the benchmark interest rate on hold, the statement accompanying the rate decision could move the currency market as investors weigh the prospects for future policy.
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Forex Trading Volume Rises in North America: What it Means for You
Recent data show that forex volume has risen in the U.S. while falling globally amidst falling volatility. What does this mean for traders and which currencies should you watch?
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USD Index Primed For Reversal, British Pound To Search For Support
The greenback regained its footing during the North American trade, with the Dow Jones-FXCM U.S. Dollar Index advancing to a high of 9,718, and the reserve currency looks poised to strengthen further over the remainder of the week as market participants scale back their appetite for risk.
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Guest Commentary: MarketVisionTV - GBP - How to Milk a Bull Market?!
Cable has rallied strongly from the 23.6% retracement of 1.5730 to confirm two clear observations.
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Guest Commentary: Gold & Silver Daily Outlook 02.08.2012
The market has changed direction again as major commodities and currencies rallied from Monday's falls. Gold and silver started off the day falling but soon after they had changed direction and finished the day in the green.
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Euro Steady as Greece Continues Negotiations with Troika
The U.S. Dollar tread water as the Euro failed to find meaningful follow through on yesterday’s break above 1.3200. Still, with the Euro hitting a seven-week high against the Greenback, it appears market participants are positioning themselves for a positive outcome to the Greek bailout negotiations. Not so fast.
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Euro Rally At Risk, Sterling To Falter On More QE
Market sentiment continued to pick up on Wednesday as Greece edged closer in securing its second bailout package, but the rise in risk appetite could be short-lived as we expect the European Central Bank to strike a cautious outlook for the region.
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Crude Oil Higher Before Inventory Data, Metals Await Clarity on Greece
Crude oil is inching higher before official inventory data after a preliminary report showed a drop yesterday. Metals are focused on Greek bailout negotiations.
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FOREX: Euro Outlook Bearish Regardless of Greek Fiasco Outcome
The outlook for the Euro appears bearish regardless of the outcome of tense negotiations on the second Greek bailout now preoccupying the markets.
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