Daily Forex News
Dollar at Risk of Fresh Plunge as Dow Moves to Test Multi-Year Highs
Though the dollar ended Friday in the red, its performance was too bad. A sharp correction of intraday gains for the Dow Jones FXCM Dollar Index would leave the benchmark in the red, but it nevertheless ended well off the week’s lows.
Forex Trading Weekly Forecast – 02.06.2012
Japanese Yen Outlook in Disarray as Greek Fiasco Beckons Intervention
US Dollar Risks Collapse on Dow Surge…If this is a True Risk Rally
Euro Fails to Crack $1.32 – Greek Tragedy Enters Final Act
British Pound To Reverse Course As BoE Expands QE
Gold Fails to Break December Highs – Bearish Tone
Australian Dollar At Risk Of Major Selloff Amid RBA Rate Cut
When Will the Kiwi’s Remarkable Run End? Now.
USD Index To Breakout Of Downward Trend, AUD Outlook Weighed By RBA
The greenback is struggling to hold its ground during the North American trade, with the Dow Jones-FXCM U.S. Dollar Index paring the advance to 9,760, but we should see the greenback appreciate further next week as the recent developments coming out of the world’s largest economy dampens the prospects for additional monetary support.
Guest Commentary: Gold & Silver Daily Outlook 02.03.2012
Gold and silver continued their upward trend of recent weeks as they have slightly advanced again during yesterday’s trading. This rally might change direction, depending on the upcoming results of the U.S. payroll report, which will be published today; the current expectations are it will show growth in non-farm employment of 170-250 thousand.
Guest Commentary: MarketVisionTV.com – Will you be SHAFTED by the Euro Today?
The Euro continues to beg the consolidation top versus trend continuation question.. by remaining within the 1.3025-1.3235 range.
