USDJPY Back Under 80.00 as EZ Concerns Grow; Where?s the BoJ?
British Pound To Face Further Losses On Slowing Inflation, Dovish BoE
Financial Market Fears Overwhelm Facebook IPO Optimism
After weeks of hard risk deleveraging, it is reasonable to expect markets have priced in much of the mass’ fears and thereby find a temporary point of stability. With sentiment in balance, an event like the Facebook IPO could turn the ship. Yet, that was not the case through Friday’s session.
Canadian Dollar Primed to Outperform Struggling AUD, EUR, NZD
Australian Dollar Vulnerable To Risk Trends, Rate Expectations
Weekly Technical Overview of the Major Currencies and Cross Rates
Check out our latest technical report which offers and overview and outlook for the major FX markets…
The Calculated Mover: EURGBP
The EURGBP has dipped nearly 19% from its 2008 highs. As the pair declines to fresh lows in a channel, trend traders look to calculate fresh entries.
USD Index Carving Top In May, AUD Eyes November Lows
The greenback continued to gain ground ahead of the G8 Summit, with the Dow Jones-FXCM U.S. Dollar Index climbing to a fresh yearly high of 10,154, and the reserve currency should appreciate further as we don’t expect to see any major developments over the weekend.
Euro Tests For Support Ahead Of G8 Summit, Sterling To Lag Behind
Market sentiment firmed up ahead of the G8 meeting as the EU talked down the risk for a Greek exit, and the rebound in risk-taking behavior may gather pace in the days ahead as European policy makers increased their pledged to bolster the euro-area.
Loonie Remains Strong after Canada’s April Inflation Rose More than Forecast
Canada’s inflation remain remained stable at 0.4 percent in April for the fourth straight month as rising price pressures on automobiles and clothing offset easing pressures on energy and gasoline.
