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Yen Continues to Rise as Nikkei Closes With a 4-Year Record Decline
11:43am today (Benjamin Spier,)
EUROPEAN SESSION UPDATE: Still unclear why the US Dollar is missing out on the risk-aversion action; Japanese officials scramble to return confidence to market… »
Bernanke Gives the Buck His Blessing
11:00am today (Kathy Lien,)
Fed Chairman Bernanke’s comments about a potential unwinding of QE measures have given the US dollar rally new life, and the greenback is again soaring against the euro, yen, and commodity dollars. »
UK GDP Expansion Confirmed at 0.3% in Q1
10:30am today (Benjamin Spier,)
Private and government spending disappointed expectations; Cable continues trading above the 1.5000 line… »
Yen to Extend Gains as US Data Underpins QE3 Reduction Bets
9:56am today (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
9:56am today (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. »
