Buck Still Stumbling Despite Softer EZ Inflation and Geopolitic Risk
Monday, February 28th, 2011 Posted in Market Comments | Comments OffWe are into the final hours of February and the outlook for the USD is not looking good. Perhaps better things are around the corner with a fresh monthly start…
USD/NOK Puts in Bullish Reversal Day on Friday to Warn of Short-Term Base
Monday, February 28th, 2011 Posted in Market Comments | Comments OffA daily overview of technical developments in the regional currencies. Take a look inside for the latest scoop on the Norwegian Krone and Swedish Krona.
Forex: Markets Prepare for a Week of Notable Event Risks
Monday, February 28th, 2011 Posted in Market Comments | Comments OffThe EURUSD pared Friday’s decline to reach an overnight high of 1.3847; however, upside risks remain capped by 1.3850 and failure to break above this level could lead the pair back towards the 1.36 area.
FOREX TREND MONITOR: Markets Brace for Sharp Volatility
Monday, February 28th, 2011 Posted in Market Comments | Comments OffEURUSD: ECB Rate Decision, Periphery Debt Auctions in Focus GBPUSD: PMIs Key as Traders Reconcile Growth, Rate Hike Bets USDJPY: Outlook Clouded with US Yields Facing Sharp Volatility CAD, AUD, NZD: Prices Torn Between Rate Decisions, Risk Trends