Business / currencies forex news stories


Business / currencies forex news stories

US Dollar Tumbles to 2009 Lows on S&P 500 Strength, FOMC Looms Large (source: Daily FX)
September 22, 2009 at 4:21 pm

. US Dollar Hits 2009 Lows on S&P 500 Strength, FOMC Up Next . British Pound Finally Joins The Party, But BoE Minutes Loom . Euro Sets Fresh Yearly High... (source: Daily FX)

EUR/USD: Trading the FOMC Interest Rate Decision (source: Daily FX)
September 22, 2009 at 2:08 pm

The U.S. Federal Reserve is widely expected to hold borrowing costs at the record-low in September and is anticipated to maintain its $1.75T asset purchase... (source: Daily FX)

Yen Is Losing Its Correlation To Risk On Potential Paradigm Shift (source: Daily FX)
September 22, 2009 at 1:56 pm

The USD/JPY has fallen sharply since the beginning of August which has weakened its correlation with risk. Equity markets have been in a sustained bull... (source: Daily FX)

GBPUSD Enters Resistance Area (source: Daily FX)
September 22, 2009 at 11:45 am

The GBPUSD has rallied (from neckline support) is encountering potentially strong resistance from the 9/15 low and 61.8% of the decline from 1.6573 - at... (source: Daily FX)

Pound/Yen Consolidation An Opportunity For Scalping Strategies (source: Daily FX)
September 22, 2009 at 11:03 am

The GBPJPY has seen relatively little volatility on the day which differs from what other pairs are experiencing. The pair has a solid support level that... (source: Daily FX)

NZD/USD Rally Overdone, USD/CAD Paring Overnight Decline (source: Daily FX)
September 22, 2009 at 10:42 am

The New Zealand dollar surged higher against the greenback to reach a fresh yearly high of 0.7244 and overnight rally looks to be overdone as daily price... (source: Daily FX)

Dollar Enters Panic Stage (source: Daily FX)
September 22, 2009 at 10:37 am

As the title suggests, the US dollar is taking a beating. Those familiar with the technical method understand that such market conditions tend to mark... (source: Daily FX)

Swiss Exports Expand for Second Month in August (source: Daily FX)
September 22, 2009 at 7:30 am

Switzerland's trade narrowed to CHF 1.79B from a revised reading of CHF2.21B in July, while foreign demands for Swiss goods rose for the second consecutive... (source: Daily FX)

Euro Breaks 1.4800, British Pound Halts Three-Day Slide (source: Daily FX)
September 22, 2009 at 7:07 am

The euro retraced the two-day decline and surged to a fresh yearly high of 1.4820against the greenback, and the single-currency may continue to push higher... (source: Daily FX)

Swiss GDP to Expand in 2010 (source: Daily FX)
September 22, 2009 at 5:48 am

Switzerland's State Secretariat for Economic Affairs raised its GDP forecast in September and projects the growth rate to contract at an annual rate of... (source: Daily FX)

Euro Unwilling to Relent (Daily Classical) (source: Daily FX)
September 22, 2009 at 3:19 am

. Euro stubbornly bid . Dollar/Yen reverses . Cable finding support . Dollar/Swiss closer to 78.6 (source: Daily FX)

Currency Markets to Trade with Risk Sentiment on Thin Economic Calendar (Euro Open) (source: Daily FX)
September 21, 2009 at 11:47 pm

Currency markets are likely to continue looking to risk sentiment to drive price action with another thin economic calendar on tap in European trading... (source: Daily FX)

Rising Optimism in Asia Sends USD Lower (source: ACM Newsletter)
September 21, 2009 at 8:00 pm

It seems the short term concerns witnessed yesterday, regarding the possibility of a Fed policy shift, have faded into the background and with it the temporary USD support. Risk correlated trades have rallied back at the start of the European session, as n... (source: ACM Newsletter)

European Economic Data Calendar 09.22.2009 (source: Daily FX)
September 21, 2009 at 7:28 pm

Economic data releases scheduled for Tuesday, September 22, 2009: (source: Daily FX)



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