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USD/CAD Long Trade Triggered Above 1.03

USD/CAD Long Trade Triggered Above 1.03

5:46am today (Ilya Spivak, Currency Strategist)

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Forex: EUR/USD Refuses to Break 1.2750 as QE3 Taper Fears Cool

Forex: EUR/USD Refuses to Break 1.2750 as QE3 Taper Fears Cool

3:46am today (John Kicklighter, Chief Currency Strategist)

The panicked response from the S&P 500 and surge from the dollar to the QE3 taper warnings from the FOMC minutes and Chairman Bernanke shows the market is sensitive to market-wide risk trends. »

US Dollar, S&P 500 Take Initial Steps to Downward Reversals

US Dollar, S&P 500 Take Initial Steps to Downward Reversals

3:39am today (Ilya Spivak, Currency Strategist)

The US Dollar and the S&P 500 have taken preliminary steps toward bearish reversals but confirmation of concrete downward follow-through remains elusive. »

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