Bounce from four-month low fails to convince traders as investors increase their bets against the US currency
Fed anticipation overshadows dollar recovery
Source: www.ft.com
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Crown Forex appeals regulator bankruptcy ruling
By Martin de Sa'Pinto ZURICH, June 11 (Reuters) - Foreign exchange provider Crown Forex said it was appealing against a bankruptcy ruling by Swiss markets ... See all stories on this...
Distribution of GBP/USD daily high and low during a day
I continue documenting the distribuions of the moments of time daily high and low for the popular forex pairs are achived. Some of the motivations for such type of analysis have been outlined in the first post on the topic. Availability of temporal distributions of volatility during a day (see the...
AUDUSD formed a cycle top at 0.9029
AUDUSD formed a cycle top at 0.9029 level on 4-hour chart. Range trading between 0.8771 and 0.9029 is expected in a couple of days. Key resistance...
China’s Industrial Output for May rumoured to be higher than expected
There is a story printed in today’s HK newspaper, Ming Pao Daily, that the upcoming Chinese May Industrial Output number will show growth of 8.9% yoy. If this is true it will be much greater than the median forecast of 7.6% that the market is expecting and should cause a stir in the currency...
EUR/USD Snaps 2 Days of Growth as U.S. Fundamentals Disappointed
EUR/USD fell by the largest extent since April 27 today as the U.S. macroeconomic indicators failed to maintain the bullish interest in the high-yielding currencies. The oil inventories rose also pressing on the oil prices and thus on the commodity currencies....