Subscribe to RSSDollar tumbles to fresh 15-year low against yen
AFP Oct 7, 2010 The dollar tumbled to a fresh 15-year low at 82.22 against the yen in Tokyo trading hours on Thursday on persistent fears over the US economic outlook....
The Nixon Shock
Have you looked at the market lately? The Dow is pushing 11,000. The S&P 500 has broken out above 1,150 and seems to be going to 1,220. Gold is at $1,346 per...
Daily Forecast: October 01
EURUSD Forecast The EURUSD was volatile but indecisive yesterday, formed A Doji on daily chart. The bias is neutral in nearest term but overall price still maintain...
FX Traders Watching EU Yields
The EURUSD has stayed surprisingly resilient despite the negative news surrounding the Euro in the last 24 hours. Moody’s downgraded Spain to Aa1 with the outlook...
Daily Forecast: September 30
EURUSD Forecast The EURUSD had a moderate bullish momentum yesterday, topped at 1.3645 and closed at 1.3624. Overall we are still in strong bullish phase targeting...
Daily Forecast: September 28
EURUSD Forecast The EURUSD bullish momentum was paused yesterday after failed to make a clear break above 1.3500 resistance area. The bias is neutral in nearest...
Forex: Speculators are long Euro positions for first time since December
By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Chicago Mercantile Exchange, showed that futures speculators increased...
Daily Forecast: September 27
EURUSD Forecast The EURUSD continued its bullish momentum on Friday, topped at 1.3494 and closed at 1.3488 after break out above my minor bearish channel indicating...
Daily Forecast: September 23
EURUSD Forecast The EURUSD continued its bullish momentum yesterday, topped at 1.3438 and closed at 1.3393 following a strong break out above the trend line resistance...
Daily Forecast: September 22
EURUSD Forecast The EURUSD had a significant bullish momentum yesterday after market react positively on FMOC statement. Although most part of the statement didn’t...
Australian Dollar To Rise By 10% Against the Yen?
It’s another manic Monday Forex friends! In today’s FX feature I present to you the daily chart of AUDJPY. As you can see, the pair has recently broken...
Japan’s problem is bigger than yen
“Sadly but truly, as dismal as Japan’s economic outlook seems, the yen (along with Swiss franc) is replacing the U.S. dollar as the safe-haven currency with...
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