US Dollar Trading (USD) felt more pressure as investors continued to pressure the Dollar on the back of more rumblings from Asian disquiet with US debt. ...
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Daily Forex Outlook - USD continues to buckle
Source: news.easy-forex.com
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Junior Environment Minister Jane Kennedy resigns from UK Government - Sky News
It is being reported that Junior Environment Minister Jane Kennedy has resigned from the UK Government. Cable steady around...
EUR/USD 1 hour chart head and shoulders
A text book head and shoulders formation has set up on the 1 hour chart in eur/usd. The neckline stands at 1.4110. A breakdown there would target 1.3850 zone. The move could happen on a dovish commentary from Trichet who might insist on strong euro being bad for the euro...
All Eyes on The US Non-Farm Payrolls Release Tomorrow
The Dollar gained considerably ground in yesterday’s trading, whilst the price of Crude Oil plummeted. The question today is can this pattern be extended into end-of-week trading? The answer to this question will be determined by a number of factors, such as the U.S. Unemployment Claims...
Nikkei expected to open 1% higher
Japanese markets will open in around 15 minutes. The Nikkei should benefit from the overseas leads and the weaker JPY against the greenback. There was talk during the NY session of possible option protection ahead of 99.00 in USD/JPY but I have heard no confirmation of this as of...
Think Like a Dealer - FOMC Wednesday
The US Federal Reserve prints it’s FOMC statement tomorrow at 2:15pm EST. After the Fed’s last FOMC announcement, we saw the futures...