Crude Oil, Gold Corrections of Post-FOMC Losses Still Playing Out
Crude oil and gold are rising as financial markets retrace some of last week’s post-FOMC volatility. The moves appear corrective however, with recent trends...
Read MoreAuthor: FXCM Inc.
FOREX: Euro Debt Crisis in Focus as Slovenia Votes on EFSF Reboot
The EU debt crisis remains in focus as Slovenia votes on expanding the powers of the EFSF bailout fund while German and Greek heads of state meet in Berlin.
Read MoreGerman Consumer Confidence Beat Gives Glimmer That Domestic Demand Will Underpin Growth
A second German beat in as many days both point to one ray of light in the gathering storm clouds; resilient consumer confidence. While this won’t fundamentally shift the outlook for Germany it could help the economy avoid...
Read MoreTechnical Outlook for Major Currencies – September 27, 2011
The USD has come back under a bit of pressure but we don’t expect this to last and offer our ideal levels to look to be re-buying the buck on...
Read MoreRisk Rally Underway; Positioning for Fresh Trade Opportunities
Short-term technical studies warns of additional strength in risk correlated assets over the coming sessions but we are now looking for opportunities to fade the current recovery...
Read MoreDollar Turns to Consolidation Until the Next Wave of Panic Hits
Dollar Turns to Consolidation Until the Next Wave of Panic Hits Euro Clearly Complacent after Warnings of No EFSF Expansion, Bank Recapitalization Gold Puts in for its Largest Bullish Reversal on Record, Sign of a Trend Change?...
Read MoreEURUSD and S&P 500 Bounce a Temporary Break in a Larger Bear Trend
This past week major technical breaks were won, momentum was fueled and fundamentals had notably deteriorated; but the panicked unwinding that this mix threatened wouldn’t immediately translate into price action to start...
Read MoreRumors of European TARP Sends US Dollar Lower- Key Resistance Holds
The Dow Jones FXCM Dollar Index (Ticker: USDollar) fell 0.29% by the close of North American trade as rumors that officials were contemplating the creation of a ‘TARP’ like mechanism to support distressed banks eased...
Read MoreUS Dollar, Major Currencies Still Mostly Guided by Stock Markets
EUR: All Eyes on Finland as Parliament Votes on New EFSF Powers GBP: BoE Speeches Headline Calendar, Anti-Euro Role Taking Shape JPY: Yen Intervention Risk on the Rise as Safe Haven Flows Return CAD, AUD, NZD: Comm Dollars Look...
Read MoreSentiment Poised for Favorable Short-Term Reversal in Early Week
With the Greenback so well bid over the past few weeks, consideration needs to be given for some form of corrective selling in the buck before a resumption of its...
Read MoreFree E-Book
TraderPlanet’s Quick Guide to Candlesticks
