The dollar loses ground as risk appetite is lifted following the unexpectedly dovish statement from the US Federal Reserve
Dollar falls as risk appetite buoyed by Fed
Source: www.ft.com
Read more...
JPY firms in Asian trade
The JPY has seen across the board strength in overnight Asian trade, with a pick up in caution evident. USD/JPY is down at 94.00 from a North American close Monday up around 94.50, while EUR/JPY is down at 134.50 from around 135.10. Chinese stocks have been hit again. Yesterday’s cautious...
USD/JPY in unusual role: Leading Man
USD/JPY has surged to the forefront after a months-long slumber today. The buck is getting a major boost from firmer yields, Though the are easing from their highs (10s at 3.80%). USD/JPY is well above its 200-day moving averag and may challenge trendline resistance at 98.27, drawn from 101.45...
Gold Prices Continue to Rise
Gold inched higher on Tuesday after two sessions of straight losses, ahead of a major cash injection by the European Central Bank expected later this week, and a weaker dollar lent support. Gold prices climbed about 3 percent last week, as the Greece bailout deal and expectations of...
How to Become a Professional Forex Trader and make money at the ...
How to Become a Professional Forex Trader and make money at the Same Time If you want to learn how to trade the Foreign Exchange Markets (Forex or FX) has never been as easy as it is today with the spread of the internet. Forex Juggernaut: Trading Reviews -...
Euro Versus The US Dollar (EUR/USD) Could Drop Further
The Euro dropped almost 300 pips from 1.3859 to 1.3543 against the US dollar last week when European Central Bank President...