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Euro Rallies on Surprising German Business Survey

Euro Rallies on Surprising German Business Survey

10:15am today (Benjamin Spier,)

IFO’s Wohlrabe says he expects GDP to rise significantly in Q2; GDP confirmed at 0.1% in Q1… »

Yen Extends Gains But Near-Term Continuation Questionable

Yen Extends Gains But Near-Term Continuation Questionable

7:05am today (Ilya Spivak, Currency Strategist)

The Japanese Yen continued to press higher amid risk aversion overnight but the sentiment-driven push may struggle to sustain momentum through the week-end. »

EUR/USD- Trading the U.S. Durable Goods Orders Report

EUR/USD- Trading the U.S. Durable Goods Orders Report

7:00am today (David Song, Currency Analyst)

The U.S. dollar may regain its footing over the next 24-hours of trading as demands for U.S. Durable Goods are projected to increase 1.5% in April. »

Dollar Fails to Break EUR/USD?s 1.2750 Support as Risk, QE3 Fears Steady

Dollar Fails to Break EUR/USD?s 1.2750 Support as Risk, QE3 Fears Steady

6:29am today (John Kicklighter, Chief Currency Strategist)

Stimulus will end…eventually. And, this realization sent a shudder through the market when both the FOMC minutes and Federal Reserve Chairman Bernanke noted that the central bank will likely temper QE3 in the coming months. Yet, how sensitive are the markets to this eventuality? »

USD/CAD Long Trade Triggered Above 1.03

USD/CAD Long Trade Triggered Above 1.03

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

»

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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