Friday Morning Thoughts

Source: feedproxy.google.com

By Back Bay FX - We are nearing the end of a very volatile week in the currency markets. Trying to find [...]


Read more...

  • Forex daily analysis 20-10-2010

    USD/CHF Daily graph: http://www.real-forex.com/charts-daily/201010/CHF_DAILY_201010.JPG The pair briefly stopped its long downtrend started a...

  • Better demand for Long Bond this time around

    The 30-year bond was in much better demand this time around than it was a month ago. The bid to cover was 2.68 and the yield was 4.72%. Indirect bids were high, taking nearly half the auction, so higher rates must be attracting fresh investment. Risk assumption is alive and well, sending the dollar...

  • EURUSD may be forming a cycle bottom at 1.3074

    EURUSD may be forming a cycle bottom at 1.3074 level on 4-hour chart. Range trading between 1.3074 and 1.3333 is expected in a couple of...

  • Usd/Yen soars on Payroll surprise

    Usd/Yen is off to the races as the Payroll data far exceed even the most optimistic expectations. The only dampener will be the higher unemployment rate. Trading at 97.40 now, resistance is seen...

  • WORLD FOREX: Euro Drops On Disappointing US Employment Data

    NEW YORK (Dow Jones)--The euro declined against the dollar Friday as U.S. stocks fluctuated in and out of positive territory in the wake of a disappointing U.S. monthly unemployment report. During the New York afternoon, the single currency settled modestly below day-earlier levels versus the...