1. A volatile start to the week in Asia; Risk currencies stage a strong rebound after early weakness
(Matching tags: Forex Fundamentals,Trading,Currency Forecast)

It was a disappointing close to the month on Friday for those looking to grasp risk by the horns after Thursday”s US GDP release. All the positive sentiment evaporated and Wall St gave back all the gains, ...

2. BOJ Retreats From QE - Yen Strengthens
(Matching tags: Trading,Currency Forecast,Forex Fundamentals,Bank of Japan)

Bank of Japan maintained its overnight interest rate at 0.10% - the lowest in G10 universe – but removed some key stimulative measures which triggered a small rally in the yen. The central bank stated ...

3. China Holds the Key to Risk FX
(Matching tags: Currency Forecast,Forex Fundamentals)

The most important economic data in G-10 FX this week may come from China rather than any of the advanced industrialized nations. Tomorrow China will report its GDP,  Industrial Production and Retail Sales ...

4. Euro Takes Out Pre Lehman Highs
(Matching tags: Forex Fundamentals,Currency Forecast,Euro)

Based upon the latest price action in the currency market, it almost appears as if traders cannot stop selling dollars. Lack of demand for dollars has driven the euro, Australian, and New Zealand dollars ...

5. U.S. Trade Narrows, CAD Hits 1 Year Low on Employment Numbers
(Matching tags: Economic reports,Currency Forecast,Forex Fundamentals)

The stronger than expected U.S. trade numbers helped to ignite a sharp rally in the U.S. dollar. The trade deficit in August was $30.71B compared to -$31.85B the previous month.   Imports dropped but exports ...

6. Are Europeans Considering Intrevention in FX?
(Matching tags: Forex Fundamentals,Currency Forecast)

...  sent the single currency tumbling for more than 50 points in a matter of minutes at the start of European FX trade.   ...

7. USD/NOK Ready to Resume Downtrend
(Matching tags: Currency Forecast,Technical analysis)

The USD/NOK may be ready to take another turn south as prices are starting to come down off significant double-top resistance near 5.8671.  In addition to the double-top, this level also reflects the convergence ...

8. Consumer Confidence Disappoints, Diverges from Other Reports
(Matching tags: Forex Fundamentals,Currency Forecast,U.S. dollar)

The U.S. dollar continued to recover this morning, leading many traders to wonder whether the buck has bottomed. There are many reasons why the dollar is rallying including the recent jawboning by Eurozone ...

9. Currency Pair Daily Forecasts
(Matching tags: Currency Forecast,Technical analysis,USD/CHF,EUR/USD,GBP/USD,USD/JPY)

EUR/USD-market strategy can be a sell from the level 1.4604$

10. Markets in limbo in Asia as Japan finance minister Fujii finds reverse gear for his comments
(Matching tags: Forex Fundamentals,Currency Forecast,Technical analysis)

Dollar bulls that went home happy at the end of the Asian session yesterday were in for a surprise during the night. A strong performance by equity markets in the face of renewed M&A talk and greater optimism ...

11. NZD/CAD Collapse In Progress?
(Matching tags: NZD/CAD,Technical analysis,Currency Forecast,Trading)

The  NZD/CAD bull trend we've seen over the past 9 months may be facing a potentially strong bearish correction over the next few weeks. Prices recently reached major resistance near .79 as defined by ...

12. Asian session opens week with a bang with JPY on wild roller coaster ride. USD pushed back from new highs - correction over?
(Matching tags: Economic reports,Trading,Forex Fundamentals,Currency Forecast,Technical analysis)

JPY roller coaster The Yen started the week with wild gyrations after new Finance Minister Fujii unwisely made very direct remarks about the Yen's strength, suggesting that the moves in the currency thus ...

13. Daily FX Report
(Matching tags: Technical analysis,FX Trading,Currency Forecast)

... that the currency pair could start a bullish trend                                                                                                                                                       ...

14. Mixed US data churns the USD picture. JPY crosses under pressure again as end of September approaches.
(Matching tags: European Central Bank,Currency Forecast,Economic reports,FX Trading)

The USD looked a bit shaky again in the European session after a spike high in Asia, but got back on the rally track after a much worse than expected Durable Goods Orders data point (and then weakened ...

15. The dollar can't make up its mind post-FOMC
(Matching tags: Currency Forecast, Central Banks,FED,Saxo Bank,Forex Fundamentals)

There was something for everyone in last night’s FOMC statement with doves welcoming the fact the “economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended ...

16. New Highs in Forex
(Matching tags: FED,Currency Forecast,Federal Open Market Committee,Currency Trading,FOMC,Federal Reserve,greenback)

It is FOMC day which typically means that the foreign exchange market will be consumed by what the Federal Reserve will say and do this afternoon.  However despite the improvements in U.S. economic data ...

17. EZ PMI Expands for First Time in 16 Months
(Matching tags: Central Banks,Currency Forecast,Forex Market)

EZ Services PMI moved into expansionary territory for the first time in 16 months while the manufacturing sector continued to improve but at a slower than expected rate. The flash Services PMI reading ...

18. The dollar continues its relentless slide, courtesy of a high-flying Kiwi
(Matching tags: Forex Fundamentals,Forex Market,U.S. dollar,Currency Forecast)

The dollar continued its slide yesterday, after only a short-lived blip of profit-taking recovery. Various inputs contrived to drive the dollar lower, including an upbeat assessment of prospects in Asia ...

19. CAD/CHF Approaching Support at 0.9381
(Matching tags: CAD/CHF,FX Trading,Technical analysis,Currency Forecast)

The CAD/CHF is forming multiple patterns that may provide strong support in the coming days.  First, there is a bullish butterfly pattern on the 4hr Chart that is our primary pattern.  The pattern is very ...

20. USD tumbles on equity rally, ECB's Weber shrugging off high Euro. Horrible Canada Retail Sales to give CAD bulls pause?
(Matching tags: Economic reports,Currency Forecast,Forex Fundamentals)

... higher as they suggest the ECB is not fretting the strength of its currency. These comments may have had an exaggerated effect considering the jitteriness ahead of tomorrow's FOMC meeting. Regardless, ...