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The overbought dollar will continue to move higher as long as equities struggle.
12/17/09 - 01:05 PM EST
EUR-JPY: Reverses Gains, Looks Lower
EUR-JPY remains susceptible to the downside toward the 128.77 level.
12/17/09 - 10:14 AM EST
Dollar Edges Toward Major Resistance
Ahead of another U.S. session, the dollar index is edging toward major resistance.
12/17/09 - 09:19 AM EST
Currencies React to Fed Remarks
The selloff experienced throughout the overnight session, especially during Asia, was a reaction to Wednesday's Federal Reserve meeting.
12/17/09 - 07:08 AM EST
Despite some long spikes, the market failed to move anywhere importantly during the FOMC decision, with the major pairs turning around at the first intraday swing point that they met.
12/16/09 - 05:39 PM EST
The European Union may have initiated a long euro play Wednesday it held the last of its 12-month refinancing operations.
12/16/09 - 11:55 AM EST
Currency Pairs Ahead of the FOMC
Over the past two weeks the Usd has made good ground against the majors on speculation that the Federal Reserve would raise rates earlier than some had initially thought.
12/16/09 - 11:15 AM EST
The pair has established a firm hold below 1.4625 and risk is now for a move toward the 1.4500 psychological level.
12/16/09 - 10:45 AM EST
Having closed lower on Tuesday, the pair continues to slide and likely will target the 0.8943 and 0.8904 levels.
12/16/09 - 09:15 AM EST
Forex Market Sets Intraday Base
The macroeconomic calendar threw a line to the euro and the other major pairs in Wednesday trade, helping the currency market set an intraday base.
12/16/09 - 06:45 AM EST
Dollar Appeal Damped Before Fed Meeting
Trade looks to have the major pairs and the global markets locked in a pattern that is dampening the appeal of the dollar early Wednesday.
12/16/09 - 05:30 AM EST
Forex: A Move Away From U.S. Session
The market is currently showing signs that it wants to return to its pre-credit crisis behavior, when the important moves were developed during the European and early U.S. sessions.
12/15/09 - 05:03 PM EST
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