Despite calls from Iran and Venezuela - OPEC's steadfast bashers of the U.S. government - experts say there's little chance the cartel will shift from pricing oil in dollars to something like the euro. At a summit of leaders from Organization of Petr
Many FOMC members have made a point of signaling no intention of cutting rates again in the near-term, as record high oil prices significantly raise inflation risks in the economy. However, the markets appear to be trying to force the banks hand as
Talking Points Japanese Yen: Rebounds above 110 after Nikkei turns Pound: Retakes 2.0600 as anti-dollar flows sweep offers Euro: Takes out record highs on rumors of Fed cut and hot PPI US Dollar: More Housing and Fed minutes on tap After a dropping
BERLIN (AP) -- The 13-nation euro hit a new all-time high Tuesday against the U.S. dollar as traders awaited housing data from Washington. In morning European trading the euro bought US$1.4766, up from US$1.4667 late Monday in New York. The British p
Even though the British pound sold off against every major currency today with the exception of the Australian dollar, the losses against the US dollar are becoming limited. We believe that a bounce at this point is very likely especially given the s
For the past week, the trading range of the Euro has slowly decreased, leading us to believe that we could see a breakout in the EURUSD over the next few trading days. Although Thanksgiving traditionally leads to quiet trading, we do not rule out a b
The Canadian, Australian and New Zealand are all significantly weaker today despite mixed economic data. The selloff was primarily due to equity market weakness and rising risk aversion. The Canadian dollar was the worst hit as a sharp rise in wholes
Dow Drops 200 Points, Dollar Strengthens and Carry Trades Resume Weakness Euro: Will We See Another Thanksgiving Week Breakout? British Pound: Still Weak But Losses are Becoming Limited Dow Drops 200 Points, Dollar Strengthens and Carry Trades Resum
Click Link to Listen to our Evening DailyFX Radio PodCast: Key Points US Dollar prospects Canadian Dollar lines up for significantinflation datatomorrow. US FOMC Statement to clarify Fed rate cut expectations, drive dollar volatility To discuss thes
TEHRAN, Iran (AP) -- The presidents of Venezuela and Iran boasted Monday that they will defeat U.S. imperialism together, saying the fall of the dollar is a prelude to the end of Washington's global dominance. Hugo Chavez's visit to Mahmoud Ahmadinej
Currency USDJPYQuote 110.062 Ratio 1.81 %Long 64% Signal Bearish USDJPY - The ratio of long to short positions in the USDJPY stands at 1.81 as nearly 64% of traders are long. Yesterday, the ratio was at 1.51 as 60% of open positions were long. In de
Last month I wrote about how I participate in the Australian dollars [A$] market using Currencyshares Australian Dl( FXA) (Alternative Access to Team Kangaroo Using FXA dated Oct 8, 2007). I have since then talked to a few fellow traders and am glad
Latest CFTC Release Dated November 13, 2007: Week (Data for Tuesdays)COMM % SPEC % 52 COTINDEX 13 COTINDEX Australian Dollar 76 33 1633 AUD: The % of total commercial positions that are long measured through a 52 week percentile is at 76 and the % o
The US dollar remained relatively unchanged on a quiet start to the weeks currency trading, and dollar traders remained on the defensive ahead of an unpredictable holiday-shortened week. A lack of new economic data gave markets little directional bia
EURJPY EURCHF EURGBP Commentary - If a longer term EURJPY decline is underway, then the pair is about to enter one of the strongest points of the decline; which is wave iii of 3 of C. This interpretation is favored as long as price is below 163.25.
·Dollar Falls Versus Yen
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
Currencies
