Risk-loving investors have turned oil prices and equities higher, putting the reflation trade back on track. The combination of an improving US (and global) economy is helping lift spirits but not the dollar. US debt levels will balloon in the near-term no matter what the economy does and will likely balloon in the long-term as well. Cable, EUR, AUD and NZD are all at or near session highs with momentum outstripping fiundamentals at the moment regardless of what crosses the tape…EUR/USD trades at 1.4315, GBP/USD at 1.6575, AUD/USD at 0.8225, and NZD/USD, at 0.6590 after breaking its 50% retracement…
Dollar continues across-the-board slide
Source: www.forexlive.com
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Australian Employment Report | Forex News and Commentary by FXDD
The Aussie employment figures once again came in better than expectations, slightly rallying the AUD across the board. The releases were as. Forex News and Commentary by FXDD -...
And the winner is….
Eduardo with 215k. Well done. Being a previous winner you know the drill. If you could email Jamie at jamie@forexlive.com with your details....
Weekly FOREX Television Interview
I was at the Chicago Board of Trade this morning, hanging out in the S&P 500 and 10 Year T-Note trading pits. Therefore, I had to do this week’s interview from the back of a limo. Sorry for the cell phone audio. Click the image to see more photos. Click to listen to the interview:...
Dukascopy Morning Forex Overview - Sept 08 09
Previous session overview The dollar and euro fell against the yen in Asia Tuesday on selling by Japanese exporters to settle their accounts, with trading direction for the rest of the day likely to depend on stock movements, dealers said. As of 0450 GMT, the dollar stood at JPY92.72 from JPY92.97...
Germans point to Qatari fund over talks with debt-laden Porsche
A Qatari state investment fund is preparing to make an investment in Porsche, a German magazine...