Central Banks and US Data Boost Risk Appetite
December 1, 2011 9:13 am by Russell GlaserToday’s data releases from the UK and the US may help higher yielding assets receive a bid following yesterday’s coordinated central bank move and a reduced Chinese reserve requirement.
Month End Trading Day Could be USD Positive
November 30, 2011 8:10 am by Russell GlaserMonth end fixing may end up being USD positive as banks' funding costs for USDs continue to rise. Trading in Asia was off to a rocky start with the Heng Seng down 1.80%. The economic calendar is crowded today but ...
USD/SEK Breaking 2-Year Downtrend
November 25, 2011 8:45 am by Russell GlaserThe Swedish krona continues to weaken as the USD/SEK breaks higher above its 2-year downtrend.
Fed Meeting Minutes to Show Dovish Policy Stance
November 22, 2011 10:13 am by Russell GlaserToday’s economic calendar will be highlighted by the release of the FOMC meeting minutes which are likely to show the Fed stands ready to act should inflation expectations continue to decline.
USD is Bid to Begin this Week’s FX Trading
November 21, 2011 12:43 pm by Russell GlaserThe USD is up prior to the North American trading session despite a failure of the US super committee to come to an agreement. Pressure remains in the euro zone as Moody’s said France’s credit rating could be downgraded. With ...
FX Weekly Technical Analysis – USD/CHF May Rise Back to Long Term Trend Line
November 21, 2011 10:06 am by Russell GlaserThe USD continues to strengthen and shows little signs of slowing in this risk off environment.
USD/JPY Breaking Below Support
November 18, 2011 8:17 am by Russell GlaserThe JPY is moving early this morning following a bout of USD weakness. With the USD/JPY breaking below the 76.80 support level there is little support remaining on the charts to stand in the way of the pair’s all-time low. ...
US and Canadian Data Eyed but Events in Europe Dominate
November 10, 2011 11:16 am by Russell GlaserA rebound in Italian bond prices has helped European equities recover some of yesterday’s losses. The EUR has also retraced some of its declines but the short term move may have only offered traders better prices at which to reenter ...
USD/JPY Technical Update
November 9, 2011 7:29 am by Russell GlaserYesterday saw the first real volatility in the USD/JPY since the MOF intervened. This morning’s low coincides with a key technical level.
USD up on Risk Aversion, European Equities Crushed
November 1, 2011 1:32 pm by Russell GlaserLast week’s relief rally that swept over financial markets has all but vanished with a move lower in risky assets driven by deterioration in the macro environment. In addition to the announced Greek referendum and disappointing Chinese/UK PMI data are ...
