GBPUSD breaks below 1.5350 support and the fall from 1.5815 extends to as low as 1.5190 level. Deeper decline is still possible ...
GBPUSD breaks below 1.5350
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Dollar continues across-the-board slide
Risk-loving investors have turned oil prices and equities higher, putting the reflation trade back on track. The combination of an improving US (and global) economy is helping lift spirits but not the dollar. US debt levels will balloon in the near-term no matter what the economy does and will...
Central banks turn EUR/USD sellers on rallies
After days of buying dips, Asian central banks have turned sellers on rallies. The 800-pund gorilla has been selling toward 1.4200 with a pair of smaller regional central banks seen selling strength. If nothing else, it looks as though the CBS may be looking for a range rather than a resumption of...
Fed’s Yellen: Unconventional Fed policies bring unintended risks
San Francisco Fed president Janet Yellen says that the recent rise in Treasury yields is disconcerting if they reflect inflation fears. She also says monetary policy can play a role in popping asset bubbles. Yellen is usually thought of a an inflation dove but today she sounds relatively middle of...
Dukascopy Afternoon Forex Overview - Sept 29 09
Previous session overview The dollar is holding its modest gains against most of its major rivals early Tuesday, amid an uncertain risk environment and mixed signals from equity markets. The dollar was bid cautiously higher overnight ahead of some key U.S. housing and consumer confidence data later...
Thursday 2/2 Insider Buying Report: ETFC, LBAI
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a...