Category Archive: 4) FX Trends
Yen Leads Charge Against the Dollar Amid Falling Rates
Overview: The Japanese yen is leading the
charge against the dollar today. Short covering in the Japanese bond market,
the decline in US rates, and some reports of real money saw the dollar tumble
to around JPY149.25 to approach the low for the month near JPY149.20. All the G10
currencies are firmer today, as are all but a few emerging market currencies. The
Dollar Index finished October near 106.55 and it has been finding support near
104.00 in...
Read More »
Read More »
AUDUSD Technical Analysis
Here's a quick technical analysis on the AUDUSD pair with some fundamental background.
For more visit ForexLive.com
Read More »
Read More »
Dollar Consolidates Amid Rate Volatility
Overview: The dollar is consolidating its
recent moves as interest rate swings continue. The US two-year yield has traded
in a nearly 28 bp range in the first two sessions this week, and near 4.88%
now, it is 18 bp lower since last Friday's close. The 10-year yield is slipping
below 4.50%. It reached almost 4.70% on Monday and had fallen to almost 4.40%
yesterday. Part of this reflects the shift in overnight rate expectations. The
implied yield of...
Read More »
Read More »
S&P 500 Technical Analysis
Here's a quick technical analysis on the S&P 500 with some fundamental background.
For more visit ForexLive.com
Read More »
Read More »
NZDUSD buyers lean against the 100 day MA and bounce the pair higher
The 100 day MA stalled the fall in trading today in the NZDUSD. That level was broken yesterday, tilting the technical bias more to the upside on the longer term chart. Staying above is important for the buyers today and going forward.
Read More »
Read More »
USDCHF stays below key technical resistance at 0.8900. Cluster of resistance at the level.
USDCHF resistance at 0.8900. USDCHF support down to 0.8851. The battle is on between levels.
Read More »
Read More »
AUDUSD attempts to break key resistance levels but falls short
Buyers of AUDUSD face obstacles as they try to surpass the crucial 38.2% retracement and swing area above 0.6522.
Read More »
Read More »
Kickstart your FX trading for November 15 with a look at the EURUSD, USDJPY and GBPUSD
Kickstart your Forex trading day with a technical look at 3 of the major currency pairs for November 15
Read More »
Read More »
The Pendulum of Fed Expectations Swings Too Hard
Overview: The capital markets' reaction to softer
than expected CPI was too much. The implied yield of the December 2024 Fed
funds futures fell by 25 bp as if the October's CPI was worth a full
quarter-point rate cut next year. US two- and 1-year yields are around two
basis points higher today and the dollar is mixed, with the euro and sterling
under the most pressure. China's data were uninspiring, and more stimulus is in
the pipeline. Japan's Q3...
Read More »
Read More »
WTI Crude Oil Technical Analysis
Here's a quick technical analysis on WTI Crude Oil with some fundamental background.
For more visit ForexLive.com
Read More »
Read More »
AUDUSD skyrockets, targets key moving average
Biggest surge since January; AUDUSD gains momentum after US CPI data, eyeing 100-day moving average.
Read More »
Read More »
Kickstart your FX trading for November 14 with a technical look at the EURUSD, USDJPY and GBPUSD
The USD moves lower after the tame CPI data. What next for the EURUSD, USDJPY and GBPUSD.
Read More »
Read More »
SNB’s Jordan: I’m not sure whether if the terminal rate has been reached
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
Read More »
Read More »
US CPI Front and Center, but Can Congress Avert a Government Shutdown?
Overview: The dollar is somewhat better offered
today ahead of the October CPI report. The US House of Representatives may hold
a vote today on a continuing resolution to avoid a partial government shutdown
at the end of the week. Narrow ranges have prevailed. Most emerging market currencies
are firmer, though paradoxically, the South Korean won is the weakest, despite
a strong equity market rally (~1.2%), encouraged by the first in increase in...
Read More »
Read More »