Forex News Hub / Published Trading News

What's happening with the dollar?

Sun, 15 Nov 2009 01:00:28 PST

What's happening with the dollar?

3 Vote(s)

Euro Zone Expands In Third Quarter!

Fri, 13 Nov 2009 19:00:24 PST

The end of the economic week is here, as we see the euro zone released its third quarter GDP showing that it expanded therefore gives us evidence that the worst of this global recession is here which also supports the ECB's point of view of wanting

4 Vote(s)

A Calm and Mixed Week for the U.S...

Fri, 13 Nov 2009 19:00:24 PST

This week was calm and mixed for the world's largest economy as no economic data was reported within the first three days and fears along with optimism remain spread within the country since that the unemployment rate for October was released last w

3 Vote(s)

Sloppy End to the Currency Week

Fri, 13 Nov 2009 19:00:23 PST

The dollar continues to build on gains from Thursday despite the fact that investors began to tiptoe back into riskier assets in the overnight session. During mid-morning New York trading the dollar has jumped and forcing currencies back to break ev

4 Vote(s)

US Dollar Down as US Trade Deficit Widens, Consumer Confidence Falters

Fri, 13 Nov 2009 16:00:08 PST

•    British Pound Mixed Ahead of UK CPI, Bank of England Meeting Minutes Next Week•    Euro Under Pressure as Q3 GDP Misses Expectations

3 Vote(s)

A Settled EURGBP Technical and Fundamental Picture Exposes a Clear Range

Fri, 13 Nov 2009 14:00:51 PST

The British pound is considered one of the worst performing fundamental currencies among its more liquid peers. A recovery that has been slow to regain its traction has further developed into a more expansive monetary policy stance and ultimately le

3 Vote(s)

Cross-Straits Negotiations and the TAIEX: What's Next for Taiwan?

Fri, 13 Nov 2009 13:00:20 PST

Will closer ties to China improve or impair Taiwan's economy? Are the best years passed or yet to come? Is it time to get in or out of the TAIEX? What's next for the NTD? What can recent news items can tell us about what's most likely to happen next

3 Vote(s)

U.S. Trade Gap Widens More than Expected

Fri, 13 Nov 2009 13:00:13 PST

The U.S. trade deficit widened to US$36.5 billion in September, more than the US$31.8 billion expected by market forecasters. August's deficit was revised slightly to US$30.9 billion. Exports rose 2.9% while imports increased by 5.8% in September. T

3 Vote(s)

USD Lower, Trade Balance Widens Sharply on Import Surge

Fri, 13 Nov 2009 13:00:08 PST

USD traded lower Friday with JPY supported by Yuan revaluation rumors, EUR supported by report that EU economy emerged from recession in Q3, GBP supported by merger rumors and the AUD supported by a statement from Australia's trade minister that str

4 Vote(s)

Avoiding Taking Profits Prematurely

Fri, 13 Nov 2009 10:00:05 PST

Student's Question:I chose the Head and Shoulders Pattern of the USD/JPY daily Chart which also shows interesting entry points when the Exponentional Moving Averages (EMA's) are being used. You will find the the following EMA

3 Vote(s)

Moods On Wall Street Worsened

Fri, 13 Nov 2009 07:00:32 PST

Moods On Wall Street Worsened

3 Vote(s)

The Global Stimulus and Emerging Markets Show

Fri, 13 Nov 2009 07:00:19 PST

The latest G-20 communiqué said nothing new. You know ... where the leaders told us they're not yet ready to rein in the stimulus they've provided to their respective economies. Dominique Strauss-Kahn, head of the International Monetary Fund, is sp

4 Vote(s)

US Trade Deficit Increases by Most in a Decade

Fri, 13 Nov 2009 07:00:18 PST

The USD posted an interesting and fairly decisive move to the strong side yesterday, but the action overnight and through the first part of the European session saw a slow grinding consolidation of that move, testing the mettle of those looking for

4 Vote(s)

EURUSD: Possible Double Top in Place Above 1.50

Fri, 13 Nov 2009 03:00:16 PST

3 Vote(s)

GBPUSD: Bullish Channel Threatened as Momentum Fades

Fri, 13 Nov 2009 03:00:15 PST

3 Vote(s)

USD Bulls Need to Take a Stand on Friday in Order for Latest Rally to Gain Traction

Fri, 13 Nov 2009 03:00:13 PST

An as to be expected session of trade  thus far with currencies mostly caught in some consolidation as the USD pulls back off of its Thursday highs. In fact, all major currencies are higher against the Greenback despite another round of comment

3 Vote(s)

Sterling drops as the BOE says it may increase Quantitative Easing in the future

Fri, 13 Nov 2009 01:00:44 PST

Sterling drops as the BOE says it may increase Quantitative Easing in the future

4 Vote(s)

Japan's Industrial Production Rebounded And Consumer Household's Confidence Unchanged

Fri, 13 Nov 2009 01:00:21 PST

Japan's industrial production continued to rebound for the seventh straight month responding to the increase in world demand which encouraged Japanese manufacturers to enhance productivity. Industrial production remains lower than last year's levels

4 Vote(s)

The Dollar Enjoying A Respite, Could Be More Prolonged

Fri, 13 Nov 2009 01:00:19 PST

The dollar had a good day at the office yesterday as some significant technical levels held and the markets ran out of momentum. Among the various indicators for a dollar retracement were EURUSD's inability to hold the 1.50 mark, struggling momentum

4 Vote(s)

Eurozone GDP The One To Watch Today

Fri, 13 Nov 2009 01:00:18 PST

The number of macro releases this week has been quite low so far, but today will be more exciting. German GDP has already been released and came out in line with expectations. We believe that Eurozone GDP (out at 10:00) could disappoint slightly as

3 Vote(s)

Dollar Rebounds As Equity Rally Stalls

Fri, 13 Nov 2009 01:00:17 PST

An (albeit moderate) correction on global equity markets filtered also through into the currency market. EUR/USD lost more than one big figure. So, the test of the highs was rejected. Sterling performed quite a remarkable comeback against the euro a

4 Vote(s)

German GDP Posts 2nd Quarterly Advance; Rises to 0.7%

Fri, 13 Nov 2009 01:00:11 PST

3 Vote(s)

NZDUSD: Bearish Reversal Building But Confirmation Needed

Thu, 12 Nov 2009 23:00:12 PST

3 Vote(s)

Negative Equities Help The Dollar Index

Thu, 12 Nov 2009 19:00:21 PST

Overall, the dollar index took advantage of the negative equity markets initially took around the world in Thursday morning trade, and managed to advance a few points ahead of the U.S. open. Most of the dollar's gains came during the European sessio

3 Vote(s)

Euro Plunges, Dollar Index Bounces

Thu, 12 Nov 2009 19:00:20 PST

Overall, the dollar index managed to bounce from just under the 76.00 area, the lowest value touched over the last 15-months of trade, as equity and oil trade found sellers. The dollar index managed to strengthen across the board during the day, pos

4 Vote(s)

US Dollar Marks its Sharpest Rally in Three Months but will it carry through to Friday?

Thu, 12 Nov 2009 19:00:14 PST

•    Euro Looks to Take Control of its Own Fundamental Future with 3Q GDP Numbers•    Australian Dollar at Risk of Being Pegged Fundamentally Overbought•    Japanese Yen’s

3 Vote(s)

A Toxic Cocktail

Thu, 12 Nov 2009 13:01:45 PST

A Toxic Cocktail

3 Vote(s)

Australian Dollar Hits Fresh Yearly High, New Zealand Dollar Slips Below 20-Day SMA

Thu, 12 Nov 2009 10:00:07 PST

The Australian dollar rose to a fresh yearly high of 0.9370 against the greenback and remains the best performing currency on Thursday after bouncing back from the low (0.9261), while the New Zealand dollar weakened for the second-day, with the exch

3 Vote(s)

The Importance of the Risk:Reward Ratio

Thu, 12 Nov 2009 09:00:12 PST

Trader A has a win percentage of 75% on all trades while trader B has a win percentage of closer to 40% on all trades.  Which trader is more profitable? 

3 Vote(s)

Euro Forecast to Decline versus US Dollar

Thu, 12 Nov 2009 09:00:11 PST

3 Vote(s)

Japanese Yen Likely to Rally Further versus US Dollar

Thu, 12 Nov 2009 08:00:15 PST

3 Vote(s)

Canadian Dollar Forecast Bullish

Thu, 12 Nov 2009 08:00:15 PST

3 Vote(s)

Fragile Dollar Correction in Play

Thu, 12 Nov 2009 07:00:10 PST

There have been no major fresh factors over the past 24 hours with markets still expecting low US yields. Expectations of Asian currency appreciation will also tend to undermine the dollar. Structural fears surrounding the Euro-zone are liable to in

3 Vote(s)

Fundamentals Return from the United States, While More Companies Report Results!

Thu, 12 Nov 2009 07:00:09 PST

Fundamentals have returned back from the worlds largest economy, as so far this week fundamentals were absent from the U.S. economy, and accordingly investors were focused on companies earnings rather than economic news; however, investors will st

3 Vote(s)

Dollar Higher on Reported APEC Buying

Thu, 12 Nov 2009 07:00:08 PST

The dollar is bouncing this morning. Stocks are lower. I even show gold prices lower on my screen at the moment - that's a big deal in itself, though down only slightly. Could Mr. Greenie stage a sustained bounce? Technically overdue, APEC buying mi

3 Vote(s)

Oil Looks to Jobless Claims, Earnings. Gold Outlook Darkens

Thu, 12 Nov 2009 06:00:12 PST

Crude oil looks to improvements in US jobless claims and earnings from key retailers to shape risk trends and guide trading. Meanwhile, gold technical positioning is moving closer in line with our bearish forecast.

3 Vote(s)

Daily Classical: Looking for Follow Through on Short Euro and Aussie Positions

Thu, 12 Nov 2009 02:00:18 PST

The story here continues to be about the 50-Day SMA (1.4755) and its ability to prop any setbacks for a majority of the up-trend in 2009. The market has simply been unable to establish a close below the medium-term moving average to keep the bullish

3 Vote(s)

Euro Zone Will Release Important Data Ahead Of The GDP

Thu, 12 Nov 2009 01:00:18 PST

The Euro Area will release important data today ahead of tomorrow's GDP for the third quarter which is the main focus this week. Perhaps the progress seen recently in addition to Trichet's announcements is providing evidence the European economy wil

4 Vote(s)

Sterling Hammered As BoE Maintains A Stimulating Policy Approach

Thu, 12 Nov 2009 01:00:15 PST

EUR/USD is holding close to the year highs. A clear break of the 1.5063 level will probably need the support of another up-leg on the equity market. Sterling was hammered as BoEs King indicated that the end of QE has not been decided yet. The BoE G

4 Vote(s)

The Divergence Between Gold and Silver is too Remarkable to Ignore

Wed, 11 Nov 2009 20:00:12 PST

Gold shot to another record high through Wednesday’s close; and this time the advance wouldn’t be worn down later in the session. The strength for the currency seems to be partly fundamental and partly speculative.

3 Vote(s)