Forex Daily Market Commentary

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By GCI Forex Research Risk sentiment continues to find support as figures out of the US yesterday suggested some of the recent economic fears could prove ...See all stories on this topic »


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  • Crude Oil Remains Steady—For Now

    Source: ForexYard Crude oil is staying steady today following last week’s gains. As of this morning, Brent crude oil is trading at...

  • EUR/USD technicals: trend still bullish

    The move from 1.4340 to 1.3800 can be considered a completed retracement and the market is gearing for the next push higher. The subsequent bounce from 1.3800 to 1.4180 has also completed a retracement, 61.8% in this case to 1.3950, and this level is now expected to be the base for the next push...

  • AUD/USD approaches stops under 0.8000

    AUD/USD, which we last highlightend when it was near stops in the 0.8140/50 area. Now stops are eyed in the 0.8000 region. Having defined a top earlier, maybe we’ll define a bottom...

  • Private Equity Firms are Skeptical About 2009 Recovery

    According to a survey conducted by Rothstein Kass in May 2009, private equity industry is skeptical about current market rally. Based on survey, more than 90% of middle-market private equity fund managers believe that the credit crisis will last into next year. Despite that pessimism, most firms...

  • Forex settlement volumes rise in May - CLS

    LONDON, June 16 (Reuters) - The average number of daily foreign exchange payment instructions rose in May, reversing a slide in April, ... See all stories on this...