Forex Mentor

Euro: Buying Time May Not Work This Time as Crisis Intensifies

faouani@uz4.net — Sat, 19 May 2012 08:18:13 +0000

Euro: ‘Buying Time’ May Not Work This Time as Crisis Intensifies Fundamental Forecast for the Euro: Bearish There are many comparisons being made to current Euro-region market conditions and those back in the second quarter of 2010 when trouble just started brewing for Greece. However, it is perhaps better to draw the connections to the situation now and that of the second half of 2008.

Forex Weekly Trading Forecast – 05.21.2012

faouani@uz4.net — Sat, 19 May 2012 08:18:08 +0000

By John Kicklighter, Sr. Currency Strategist ; Ilya Spivak, Currency Strategist ; David Song, Currency Analyst and Christopher Vecchio, Currency Analyst DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

US Dollar Makes a Break to 16-Month Highs as Fear Creeps In

faouani@uz4.net — Sat, 19 May 2012 07:42:20 +0000

US Dollar Makes a Break to 16-Month Highs as Fear Creeps In Fundamental Forecast for the US Dollar: Bullish CPI and retail sales do little to alter the outlook for rates and growth The 10-year Treasury Yield pushes towards a fresh record low, shrinking the dollar’s return USDollar breaks to a 16-month high Though the benchmark currency eased back into the final 48 hours of this past trading week, the dollar nevertheless posted another impressive run through the entire period.

Dollar Stumbles but Doesnt Break Trend Into Week End

faouani@uz4.net — Sat, 19 May 2012 05:58:18 +0000

Dollar Stumbles but Doesn’t Break Trend Into Week End Euro: Moving Away from Scheduled Event Risk to Rumor and Panic British Pound Takes a Shot Across the Bow by Posen Japanese Yen Traders Wonder: Will the BoJ Up Stimulus, Does it Matter? Swiss Franc: Will the SNB Simply Wait for a Eurozone Explosion to Act? Australian Dollar Plunges Fresh 7 Month Lows as Speculative Interest Nearly Flips Gold Capitalizes on Dollar’s Weakness, Posts Biggest Two-Day Rally Since October Dollar Stumbles but Doesn’t Break Trend Into Week End The Dow Jones FXCM Dollar Index put in for its first two-day bearish performance in three weeks Thursday and Friday, but this was more a technical development than a trend change

New Zealand Dollar to Follow Stocks on Euro Crisis, Global Growth Bets

faouani@uz4.net — Sat, 19 May 2012 05:58:11 +0000

Fundamental Forecast for New Zealand Dollar: Neutral An iron-clad correlation with the MSCI World Stock Index and a lackluster domestic economic calendar puts the New Zealand Dollar the mercy of market-wide risk sentiment trends. On one hand, this puts the focus on US economic growth expectations as traders work out the probability that a pick-up in the US will be able to counter headwinds facing global performance from a slump in Europe and a slowdown in Asia

Gold Outlook Rests on G8 Summit, Eurozone PMIs and US Survey Data

faouani@uz4.net — Sat, 19 May 2012 04:06:49 +0000

Fundamental Forecast for Gold: Neutral Gold prices mounted a swift recovery toward the end of last week as fears of a spreading crisis in the Eurozone and disappointing US economic news drove demand for alternative stores of value. An unexpectedly soft Philadelphia Fed print dented hopes that an accelerating US recovery will offset headwinds to global growth from sluggish conditions in Europe and Asia. The outcome marked only the second bit of significant data from the May set of activity surveys, tarnishing positive cues from the Empire Manufacturing print earlier in the week and pulling gold higher on inflation-hedge buying as traders sized up the uneven performance with minutes from the Fed’s April policy minutes.

Financial Market Fears Overwhelm Facebook IPO Optimism

faouani@uz4.net — Fri, 18 May 2012 23:33:10 +0000

The volatility surrounding initial public offerings (IPO) is notorious; but when large companies come into the market, there is often a draw of fresh capital to get a piece of the action.

British Pound To Face Further Losses On Slowing Inflation, Dovish BoE

faouani@uz4.net — Fri, 18 May 2012 23:32:58 +0000

Fundamental Forecast for British Pound: Bullish The dovish tone struck by the Bank of England weakened the British Pound by nearly 300pips, and the economic developments on tap for the following week may heighten the bearish sentiment underlining the sterling as market participants increase bets for more quantitative easing. Indeed, consumer prices in the U.K.

USDJPY Back Under 80.00 as EZ Concerns Grow; Wheres the BoJ?

faouani@uz4.net — Fri, 18 May 2012 23:32:51 +0000

Fundamental Forecast for Japanese Yen: Bearish The Japanese Yen was far and away the top performer this week, gaining nearly 4.8% against the worst performer, the New Zealand dollar.

Economix: At-Home vs. Employed Mothers: Who’s Happier

faouani@uz4.net — Fri, 18 May 2012 23:32:45 +0000

At-home mothers are more likely than employed mothers to report feeling sad or angry and to have been diagnosed with depression, according to a new report by Gallup . Women who are employed also express about the same emotional well-being whether they have a child at home or not.