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Read More On 17-08-2007 High Yielder's continue to spiral, as Japanese Yen surges High Yielder s continue to spiral, as Japanese Yen surges. AUD trades at 0.7800.CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD ... Read More On 16-08-2007 Share Markets continue to fall adding volatility to FX markets Share Markets continue to fall adding volatility to FX markets. US housing starts due out.CURRENCY TRADING SUMMARY U.S. Dollar Trading ... Read More On 15-08-2007 Ongoing jitters in markets as credit worries continue to spread into other economies Ongoing jitters in markets as credit worries continue to spread into other economies. US CPI data ahead. CURRENCY TRADING SUMMARYU.S. D ... Read More On 14-08-2007 high yielder's continue to lose ground Central banks further inject liquidity; high yielder s continue to lose ground. Key data day ahead for US, EZ and UK.CURRENCY TRADING SUMMARY U.S. ... Read More On 13-08-2007 Market Volatility prompts central Banks to inject liquidity Market Volatility prompts central Banks to inject liquidity. All eyes on U.S. economic data.Last week s currency trading reviewTh ... Read More Liquidity injection from Fed and ECB in attempt to stabilize financial markets CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) continued to strengthen against a basket of majors excluding the Japanese Yen in a volatile market. ... Read More On 10-08-2007 BNP Paribas freeze funds causing plunge in global markets PNB Paribas freeze funds causing plunge in global markets. US stock prices plunge.CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) ... Read More On 09-08-2007 RBA hike rates to an 11 year high of 6.50% as risk appetite returns to the market CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) returned to its bearish nature as a basket of majors were able to regain strength vs. the greenback. Factored in, mu ... Read More On 08-08-2007 Unstable Greenback as market grows wary of US economic growth and credit issues CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) strengthened broadly against major currencies as the Federal Reserve kept interest rates on hold at 5.25% as expected ... Read More On 07-08-2007 Credit market jitters continue to move currencies Credit market jitters continue to move currencies. All eyes on FOMC this week.Last week s currency trading review The Dollar began the we ... Read More CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) hit a 15-year low against a basket of major currencies as traders speculate that the worst of the credit issues in t ... Read More On 06-08-2007 Non-farm payrolls disappoint Non-farm payrolls disappoint. ISM Services weaker. Greenback sold off.CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) was softer with trader ... Read More On 03-08-2007 USD weakens as majors strengthen across the board ECB and BoE keep rates on hold. USD weakens as majors strengthen across the board.CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) ... Read More On 02-08-2007 Eyes on ECB and BoE rate announcement today Rebound in US stock prices provides stability on the market. Eyes on ECB and BoE rate announcement today.CURRENCY TRADING SUMMARY U.S. ... Read More On 01-08-2007 US share market volatility continues, as Crude oil trades at an all time high US share market volatility continues, as Crude oil trades at an all time high. Manufacturing data the theme for the day.CURRENCY TRADING SUMMARY U ... Read More On 31-07-2007 Steadying Stock prices aids yields Steadying Stock prices aids yields. Heavy data day ahead as EZ release CPI and Japan Unemployment reaches a 9 year low.CURRENCY TRADING SUMMARY 31 JULY 20 ... Read More Japan Unemployment reaches a 9 year low Steadying Stock prices aids yields. Heavy data day ahead as EZ release CPI and Japan Unemployment reaches a 9 year low.CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) ... Read More On 30-07-2007 Risk Aversion causes an unwinding in Carry trades Risk Aversion causes an unwinding in Carry trades and a drop in Stock prices as both USD and JPY are relieved of their pressure.CURRENCY TRADING SUMMARY U.S. Dollar Trad ... Read More On 26-07-2007 Risk Aversion causes unwinding in the carry trade Risk Aversion causes unwinding in the carry trade, as Majors ease across the board. US data in GDP and Core PCE, whilst Japan look onto Inflationary figures.CURRENCY TRADING SUMMA ... Read More RBNZ lift rates as US dollar rallies

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Home Analysis Forex Analysis Read the latest analysis written by industry professionals. In this section you'll find fundamental analysis, technical analysis as well as general market overview. Market Analysis The dollar weakness will continue today Written By 03-03-2008 - FS Team | General Overview
EUR/USD (1.5215)European US sessions forecast levels: 1.5135/1.5280Trend Sessions: European Neutral/Upward... Read More
Absolutely records on the forex market Written By 03-03-2008 - Peter Mill | General Overview On the world market the situation is just like a hard crisis. Record level of Oil prices, Gold prices, Euro Dollar, Dollar Swiss Franc. The investors sell dollars and move to metal trading and commodities. The Gold prices will reach $1000 this month ... Read More
Big week ahead on the Economic Data, Central Bank fronts as FX volatility heats up. USDJPY headed for 100.00 test Written By 03-03-2008 - Saxo Bank | General Overview Risk aversion still the focus as JPY and CHF continue to make headway across the board. Will RBA hike tonight in these market conditions MAJOR HEADLINES PREVIOUS SESSIONOvernight devel... Read More
Daily Forex Overview Written By 03-03-2008 - Dukascopy | General Overview Previous session overviewThe euro and dollar are lower against the yen on Monday as carry trades are unwound, while the euro resumes its advance against the dollar.The euro rally pushed past the 1.52-level to a... Read More
Greenback Bears Are Firmly On Top Written By 03-03-2008 - Forex Yard | General Overview Economic News USD The dollar began the new week in similar fashion to the way in which it closed last week; falling against most of it major currency rivals. Investors will now have to get use... Read More
Fundamental Equity markets cause risk aversion, as US consumer confidence at 16 year low Written By 03-03-2008 - Easy Forex | Fundamental Reports CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) was mixed versus a number of majors, as equity markets was a cause for plenty of volatility on Friday. On the data front, inflation reported by the P... Read More
ISM Manufacturing Written By 03-03-2008 - Crown Forex | Fundamental Reports Previous: 48.0 Forecast: 50.7 Definition The ISM manufacturing composite index is a diffusion index calculated from five of the eight sub-components... Read More
Dollar's slides Vs. Majors ahead to ISM Survey Written By 03-03-2008 - Finotec | Fundamental Reports The dollar could fall to 98 yen by the end of the month as more carry trades are unwoundThe dollar slid to a record low against a basket of currencies on Monday as new worries about the health of U.S. financial firms and fe... Read More
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9:15am USD Capacity Utilization Rate 80.1% 9:15am USD Industrial Production m/m -0.3% 9:30am USD Fed Chairman Bernanke Speaks 10:00am USD Philadelphia Fed Manufacturing Index -19.0 1:00pm USD NAHB Housing Market Index 20 7:00pm USD Fed Governor Mishkin Speaks Summary The USD rallied today after a slow start again in Asia helped by better equities pricing and model/momentum accounts buying; traders note that volumes were not impressive and the majors all held significant S/R. Initially two-way in Asia the Greenback went one-way on stops and aggressive buying near the start of European trade as reserve managers bought USD in the morning only to see the majors reverse after news; the USD sold off on the BOE inflation report but then recovered reversing ahead of US data. Today s CPI data was softer-than-expected and the USD initially broke lower on the day but held existing overnight ranges. Settling back after the London Fix the USD continued to drift in quieter range-bound action with little news driving any of the pairs. Cable continued to hold the 1.9450 area that has held stops in both directions the past 72 hours; low prints at 1.9361 were bought by cross-spreaders and semi-official names traders say. Upside limited to the 1.9487 high but the rate has solid bids at the 1.9400 handle and slightly above. Traders are looking for the rate to hold the 2008 lows and a solid bounce is expected by the end of the week. EURO no less aggressive to the upside but continues to languish under the 1.5500 handle as traders say offers appear thick on the approach. Highs at 1.5487 were met with Swiss private bank sales some traders report; same names seen on the bid under the 1.5400 handle recently. Traders note sovereign demand in EURO at around the 1.5430 area and also in USD/JPY on the buy side. USD/JPY rallied into stops above the 104.80 area and again at 105.20 area for a high print at 105.46 but the rate is really struggling to hold gains and traders report volumes are light and flows patchy; heavy offers said to be around the 105.50 area and higher suggesting the rate is at or near a top. Swissy also encountering strong resistance under the 1.0600 handle; highs at 1.0601 were more symbolic than anything else. Traders are looking for the USD to pull back from here but the lack of selling interest is a concern for the shorts. In my view, the USD needed to give back some of these gains right away rather than hold firm as it has. Tomorrow is another day of important news so watch for book squaring overnight to temper the USD advance. A long-liquidation break is coming and when it does the Greenback could break sharply very quickly. betting point spread

USD/JPY Resistance 3: 106.00 Resistance 2: 105.80 Resistance 1: 105.50 Latest New York: 105.21 Support 1: 104.60 Support 2: 104.20/30 Support 3: 103.80 Comments Rate makes one more high into resistance generating a strong sell signal. Look for the rate to fall on the news but intraday volatility likely. Double-top remains strong sell signal suggests resistance area is getting thicker. Traders note that the market continues to trade technically and expect stops to be run in both directions near-term; look for close-in stops under the 104.50 area today. Continue to expect more volatility. Looking for the rate to briefly follow through higher for a short-covering rally through Tuesday but fall harder into mid week; likely under the 103.00 handle. Day traders may get a lot of opportunity as the rate will likely cover a lot of the same ground twice on the hourly time frame. Stops could be in size at the 102.50/80 area. Resistance at 105.50 area remains significant now and rallies should be sold. Traders looking for a struggle to get over the 105.50 area. super bowl betting spread

Data due Thursday: All times EASTERN (-5 GMT) 7:50pm JPY GDP q/q 0.6% 7:50pm JPY GDP Deflator y/y-1.5% USD/CHF Daily Resistance 3: 1.0700 Resistance 2: 1.0650 Resistance 1: 1.0600/10 Latest New York: 1.0552 Support 1: 1.0500/10 Support 2: 1.0450/60 Support 3: 1.0400/10 Comments Rally overnight may be expected in sympathy with YEN but upside is labored; stalling at the 1.0600 handle significant. No follow-through after news this morning is a signal the top may be in. Pullback needed to confirm strong sell signal generated overnight. Monday s failure above the 1.0500 handle still significant in my view. Likely this rally overnight is model and momentum accounts on the buy side. Upside is limited and the volumes aren t that great so far today again. Be nimble though as a break below 1.0380 likely to draw aggressive selling. Rate continues to attract dip buying; next dip will likely be bought around 1.0400 area; but last three dips have failed to create significant rally. Close under the 1.0400 area sets up a loss to 1.0250 near-term. betting fan football guide

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