Technical Analysis

Contagion is Now Reality: Euro Trades Heavy as Italian, Spanish Bonds’ Yields Climb

November 16, 2011
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Contagion is Now Reality: Euro Trades Heavy as Italian, Spanish Bonds’ Yields Climb

Fundamental Headlines • Fed’s Fisher Sees Lower Odds of U.S. Easing – Bloomberg • Technocrats Step in Where Pols Fear to Tread – Bloomberg • Italy’s Monti Center Stage, France “Alarm Bells” – Reuters • Europe’s Rescue Funds Get Little Traction – WSJ • Euro-zone Ekes Out Growth – WSJ European Session Summary The...

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EUR/USD: Trading the U.S. Consumer Price Report

November 16, 2011
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EUR/USD: Trading the U.S. Consumer Price Report

Trading the News: U.S. Consumer Price Index What’s Expected: Time of release: 11/16/2011 13:30 GMT, 8:30 EST Primary Pair Impact: EURUSD Expected: 3.6% Previous: 3.9% DailyFX Forecast:3.6% to 3.9% Why Is This Event Important: Consumer prices in the world’s largest economy are expected to increase at an annual rate of 3.6% in October following...

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EUR/USD Scalp Update- GBP/USD Setup Hinges on BoE Inflation Report

November 16, 2011
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EUR/USD Scalp Update- GBP/USD Setup Hinges on BoE Inflation Report

We have reassessed our scalps from last week’s EUR/USD Scalp Report as markets continue to contemplate the threat of further European debt contagion. The euro remains well positioned within our scalp setup with little adjustment needed as the pair continues to hold above the key 1.35-figure. To compliment this scalp we’ve included the sterling...

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US Dollar Rally Continues- Index Eyes Key Resistance

November 15, 2011
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US Dollar Rally Continues- Index Eyes Key Resistance

The greenback was firmer at the close of trade with the Dow Jones FXCM Dollar Index (Ticker: USDollar) advancing 0.37% on the session. The advance comes amid ongoing concerns about the European crisis with Italian 10yr bond yields once against topping the 7% mark as investors remained reluctant to hold Italian paper. Markets were...

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Forex: Euro Rebound To Gathers Pace Ahead Of Italy Vote

September 13, 2011
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Talking Points Euro: Correction Gathers Pace, All Eyes On Italy Austerity Vote British Pound: BoE Posen Pushes For An Additional GBP 100B in QE U.S. Dollar: Loses Ground, Weighed By Risk Appetite Euro: Correction Gathers Pace, All Eyes On Italy Austerity Vote Although Italy’s lower house of parliament is scheduled to vote on the...

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Guest Commentary: Oil Prices – Daily Outlook 09.13.2011

September 13, 2011
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Guest Commentary: Oil Prices – Daily Outlook 09.13.2011

Oil Prices – Daily Outlook September 13 Oil prices changed direction along with the US stock markets and ended yesterday with light gains. The slight fall of the USD against major currencies such as Euro and CAD also provided some backwind for crude oil prices’ bounce back. Bloomberg added this morning to the speculation...

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