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Yen to Extend Gains as US Data Underpins QE3 Reduction Bets
41 minutes ago (Ilya Spivak, Currency Strategist)
The Japanese Yen looks likely to extend as supportive US economic data underpins bets on near-term reduction in Fed stimulus, driving risk aversion. »
Euro Trades Higher on Better than Expected PMIs
41 minutes ago (Benjamin Spier,)
Euro-zone composite output index beats expectations for May at 47.8; Markit says recession likely to continue in Q2… »
Dollar Rallies after Fed Talks QE3 Exit, Will EUR/USD Break 1.2800?
5:22am today (John Kicklighter, Chief Currency Strategist)
The markets have sought out guidance on the future of the Federal Reserve’s QE3 plans to shape their speculation, and that is exactly what Fed Chairman Ben Bernanke and the FOMC minutes offered. »
Dollar, S&P 500 May Struggle to Find Upward Follow-Through
5:12am today (Ilya Spivak, Currency Strategist)
The US Dollar and the S&P 500 may struggle to find meaningful upward follow-through having set year-to-date highs over the past 24 hours. »
How to Properly Test Your New Strategy
4:00am today (Tyler Yell, Forex Trading Instructor)
Traders often test a new strategy and only look for green arrows when their trades are closed. That is but a fraction of what you need to know before fully launching. »
Forex: Did Bernanke Light the Fuse for a S&P 500 Reversal, Dollar Surge?
3:21am today (John Kicklighter, Chief Currency Strategist)
Traders recognized early talk of tempering the Federal Reserve's support of the capital markets this past session and the immediate response was one of panic. »
Aussie Falls On Contractionary Chinese HSBC Flash Manufacturing PMI
3:08am today (Robin Leung,)
Chinese HSBC Flash Manufacturing PMI fell into contraction to 49.5 from 50.4. »
Bernanke and the Dollar Rally Take the Stand
3:00am today (Kathy Lien,)
Today’s testimony from Fed Chairman Ben Bernanke will be the focal point of the markets and could have the power to cause breakouts in major pairs like EUR/USD, USD/JPY, and others. »
