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Risk aversion – the “on-off” trade – remains the key theme. However now “risk on” means “buy USD,” and the switch between risk seeking on good US news...
The rollercoaster ride which has defined Asian, and in particular Japanese, markets has continued overnight, following a session that saw regional exchanges lose as much as 7% in value. This morning...
EUR/USDThe euro rose against the dollar on Thursday after a Federal Reserve governor suggested monetary authorities aren't as close to dismantling stimulus programs as many think. St. Louis Fed...
USD/JPY rises as Asian indices trim losses from previous day’s crash. New Zealand dollar continues to lose ground against U.S dollar despite a decent April trade balance report out of New...
As can be seen from the following trade opportunity alert for AUD/USD, this currency pair recently reversed up from the lower support trendline of the Down Channel chart pattern identified by...
The U.S. Dollar weakened against the majority of its trading counterparts as demand for safe havens increased on speculation the Federal Reserve may scale back on monthly asset purchases very soon....
EUR/USD - European SessionThe pair stabilized above the ascending support level again , and is trading above Linear Regression Indicator 34. This makes us think that the downside move has weakened. An...
GBP/JPY Daily OutlookDaily Pivots: (S1) 152.05; (P) 153.82; (R1) 155.86;GBP/JPY continues to consolidate below 156.77 short term top and intraday bias is neutral for more sideway trading. Another fall...
AUD/USD (daily chart) has consolidated after its swift decline to major support around the 0.9650 price region, retesting the lows that were last hit in early June of 2012. This plunge to support...