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The underperformance of the US dollar versus major currencies defies convention, as neither safe-...
ASIA/EUROPE FOREX NEWS WRAP After being put through a bit of a ringer this past week – the...
THE TAKEAWAY: German IFO business climate survey beats expectations at 105.7 -> IFO’s Wahlr...
The Japanese Yen continued to press higher amid risk aversion overnight but the sentiment-driven ...
Trading the News: U.S. Durable Goods Orders What’s Expected: Time of release: 05/24/2013 ...
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53 minutes ago (Michael Boutros, Currency Strategist)
Gold posted a modest recovery this week with the precious metal advancing 2.12% after last week’s 6% decline to trade at $1388 at the close of trade in New York on Friday. Is this rally real or should we be looking for fresh short entries? »
6:00pm today (Kathy Lien,)
Better-than-expected US economic data and a general shift towards risk aversion haven’t done much to help the US dollar, and USDJPY could fall below 101 on Friday if US equities lose ground before the close. »
5:15pm today (David Song, Currency Analyst)
The Dow Jones-FXCM U.S. Dollar index is paring the overnight decline to 10,771 as the growth outlook for the world’s largest economy improves. »
3:30pm today (Kathy Lien and Boris Schlossberg,)
The underperformance of the US dollar versus major currencies defies convention, as neither safe-haven demand nor renewed risk appetite produced gains in the currency. »
1:30pm today (Ilya Spivak, Currency Strategist)
1:10pm today (David Song, Currency Analyst)
Although the rebound in the EURUSD looks very appealing, the Euro remains poised to face additional headwinds over the near-term. »