Forex Daily Market Commentary

16 years ago

Traders sold dollars for yen on escalating risk aversion related to the European sovereign credit crisis. Bank of Japan Deputy…

More Credit Default Swaps Means Trouble for European Debt

16 years ago

Government debt is no longer just a problem for emerging countries. Portugal, Spain, France and Greece (as we have seen…

FOREX: US Durable Goods, Weekly Jobless claims rise. Dollar gains in Fx on Risk Aversion.

16 years ago

The euro had fallen versus the dollar to the 1.3452 exchange rate earlier today...

Lets make sense of the Gold market: New Video

16 years ago

By Adam Hewison - It's been about eight days since we did a video on gold, and given the market…

Gold Floats Around $1100/oz Despite Risk Aversion

16 years ago

Gold is floating just beneath its highly psychological $1100/oz level despite broad-based risk aversion in the FX markets.  The Cable,…

AUD/USD Test .88 Amid Risk Aversion

16 years ago

The Aussie is logging sizable gains today as the risk trade sells off across the board.  The Cable, EUR/USD, and…

USD/JPY Slams Below 90

16 years ago

The USD/JPY has tumbled below its highly psychological 90 level as investors divert from the risk trade across the board. …

GBP/USD Undergoes Heavy Selling Pressure

16 years ago

The Cable is under considerable selling pressure today, tumbling below previous February lows amid relative weakness as highlighted by another…

EUR/USD Tests February Lows as Greece Fears Reignite

16 years ago

The EUR/USD has dipped back below its psychological 1.35 level and is testing February lows as uncertainty in Greece regains…

Forex Technical Analysis – EUR/USD Trend Line – Part II

16 years ago

By Russell Glaser - A continuation of the previous Forex Technical Analysis of the EUR/USD 4-hour chart shows that it…