Currencies

  • Forex Technical Analysis: EUR, JPY And GBP

    Forex Technical Analysis: EUR, JPY And GBP

    Forex Technical Analysis: EUR, JPY And GBP EURO EUR closed lower Wednesday as it extends the decline off of its May high. The mid-range close sets the stage for a steady to lower opening when Thursday's session opens. Stochastics and the RSI are Neutral to Bearish indicating that sideways to lower prices are possible near ...
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  • Failing France the Future of Europe

    Failing France the Future of Europe

    Failing France the Future of Europe High Debt, Slow growth Euro Crisis to dominate Europe for a decade. The failure of France as an economic power is the blueprint for what is to become of the EU. Crisis-hit France admitted it would suffer from slow growth and high budget deficits for the next three years ...
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  • US Dollar Flat, US Treasuries Up

    US Dollar Flat, US Treasuries Up

    US Dollar Flat, US Treasuries Up 10-Yr: +222/32..2.411%.. USD/JPY: 109.30.. EUR/USD:1.2610 Afternoon Update US Treasury Complex 2Y +02/32 at 99 30/32 3Y +05/32 at 100 01/32 5Y +12/32 at 100 10/32 7Y +17/32 at 100 00/32 10Y +22/32 at 99 22/32 30Y +1 11/32 at 99 29/32   US Dollar (.DXY) Index EUR/USD -20 pips ...
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  • GBPUSD Under Pressure Post Uninspiring PMI

    GBPUSD Under Pressure Post Uninspiring PMI

    GBPUSD Under Pressure Post Uninspiring PMI GBP/USD came under extensive pressure on Wednesday after the purchasing manager's index has shown deterioration and hits a 17-month low. Following the release of the data, the British Pound was trading straight 0.0030 points down at 1.6183 against the greenback. The currency hit a session low of 1.6162 before ...
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  • EURUSD Euro’s Sluggish Data

    EURUSD Euro’s Sluggish Data

    EURUSD Euro’s Sluggish Data The Euro has further weakened and is hovering near two-year lows as the factory data slowed down in the region in September, further adding to the concerns  about the economy's progress. Euro Manufacturing Disappoints Euro dropped by more than 0.32% to 1.2590 after report from research group Markit stated that the ...
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  • Wednesday's Daily Outlook: EUR/USD

    Wednesday’s Daily Outlook: EUR/USD

    Wednesday's Daily Outlook: EUR/USD Daily Pivots: (S1) 1.2566; (P) 1.2634 (R1) 1.2698 Intraday bias in EUR/USD remains to the Southside in here. The EUR current fall from 1.3993 will target 1.2042 next. On the Northside, a move above 1.2705, the  minor resistance, will turn bias Neutral and bring on consolidations. But, any EUR recovery should be limited ...
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  • US Treasuries Down, US Dollar Up

    US Treasuries Down, US Dollar Up

    US Treasuries Down, US Dollar Up 10-Yr: -03/32..2.494%.. USD/JPY: 109.70.. EUR/USD: 1.2620 Afternoon Update US Treasury Complex 2Y Unch at 99 26/32 3Y Unch at 99 27/32 5Y -01/32 at 99 28/32 7Y -02/32 at 99 13/32 10Y -03/32 at 98 30/32 30Y -16/32 at 98 21/32   US Dollar (.DXY) Index EUR/USD -65 pips ...
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  • EURUSD Lower as ECB Fails

    EURUSD Lower as ECB Fails

    EURUSD Lower as ECB Fails The Euro is in a poor state of health today as it sinks deeper into the red against the greenback. As of today, the EURUSD was trading nearly 0.70% down at 1.2597 and had touched the session low of 1.2590, which is its weakest level since September. The weakness comes on ...
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  • GBPUSD Report: GDP Expansion In The U.K.

    GBPUSD Report: GDP Expansion In The U.K.

    GBPUSD Report: GDP Expansion In The U.K. GBPUSD opened the account on a mixed note, first edging higher and then traveling down again. The positive news coming from the U.K. economy is that its GDP reported a growth this quarter, that too at a faster rate than expected. During the session, GBPUSD hit 1.6287 but later consolidated ...
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  • HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF To accelerate price growth, the ECB has cut the cost of borrowing to almost zero and pledged further cheap loans to banks and to buy repackaged debt. ECB President Mario Draghi has emphasized that it could do even more. But going for full-blown ...
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  • Tuesday's Technical Analysis: GBP/USD (Cable)

    Tuesday’s Technical Analysis: GBP/USD (Cable)

    Tuesday's Technical Analysis: GBP/USD (Cable) Cable* is set up to move lower in here.'It just looks as though the market might have gorged itself on USDs a bit too much in recent weeks.' - Westpac GBP/USD Outlook Though the Bulls were defeated last week, they are not going to give up, but continue to thwart ...
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  • US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat 10-Yr: +14/32..2.482%.. USD/JPY: 109.30.. EUR/USD:1.2700 Afternoon Update US Treasury Complex 2Y Ynch @ 99 26/32 3Y +01/32 @ 99 27/32 5Y +05/32 @ 99 29/32 7Y +08/32 @ 99 15/32 10Y +14/32 @ 99 01/32 30Y +28/32 @ 99 04/32   US Dollat (.DXY) Index EUR/USD +15 pips at1.2700 ...
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  • GBP/USD Shadowed By Strong U.S. Dollar

    GBP/USD Shadowed By Strong U.S. Dollar

    GBP/USD opened the session on a weak note and continues to be sluggish during the late Asian trading hours. GBP is 0.04% down at 1.6238, while it started the session at the same level and touched a session low of 1.6209, its 1.5 week low. It seems that the positivity of the Scottish referendum is ...
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  • Euro Remains Under Pressure

    Euro Remains Under Pressure

    Euro Remains Under Pressure EUR/USD is little moved today as the positive data continue to pour in the U.S. leading to increased expectations that the Federal Reserve might act to hike interest rates earlier than the target date. Euro was trading mildly up by 0.02% at 1.2687, maintaining its two year lows against the greenback. ...
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  • Forex Technical Analysis: EUR, JPY And GBP

    Forex Technical Analysis: EUR, JPY And GBP

    Forex Techincal Analysis: EUR, JPY And GBPThe USD was close a 6 yr technnical high Vs the JPY after strong economic data bolstered the case for higher US interest rates. The US economy advanced 4.6% in Q-2 which is the fastest pace since Y 2011.The EUR/USD declined to 1.2670 and the AUD fell 0.2% to ...
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  • EURUSD Euro Building a Mega-Bubble

    EURUSD Euro Building a Mega-Bubble

    EURUSD Euro Building a Mega-Bubble The ECB's asset purchase plans are the start of hyper inflating the existing bubble in EU valuations, from equities to real estate, Europe has printed, shuffled and falsely created the appearance of Economic sustainability. The push to move in to buying asset backed securities will lead to a new depths ...
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  • US Treasuries  Down, US Dollar Up

    US Treasuries Down, US Dollar Up

    US Treasuries  Down, US Dollar Up 10-Yr: -09/32..2.536%.. USD/JPY: 109.35.. EUR/USD: 1.2690 Afternoon Update US Treasury Complex 2Y -02/32 at 99 25/32 3Y -05/32 at 99 24/32 5Y -08/32 at 99 22/32 7Y -08/32 at 99 05/32 10Y -09/32 at 99 18/32 30Y -04/32 at 98 05/32   US Dollar (.DXY) Index EUR/USD -60 pips ...
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  • GBPUSD Unchanged Ahead Of U.S. GDP Data

    GBPUSD Unchanged Ahead Of U.S. GDP Data

    GBPUSD Unchanged Ahead Of U.S. GDP Data The British Pound remains slightly moved against the U.S. dollar today as the market players are keeping their watch on the release of U.S. second quarter GDP data, scheduled to release later today. GBP consolidated to 1.6320, up 0.02% before testing session low of 1.6286. As per the ...
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  • EUR/USD Near Two-Year Lows Following Weak German Data

    EUR/USD Near Two-Year Lows Following Weak German Data

    EUR/USD is more or less steady against the greenback on Friday, trading close to its two-year lows as the German consumer climate data again turn up disappointing. the pair hit as low as 1.2738 during the trading session, by consolidated and is moving in the range of 1.2747, down by 0.0004 points. The currency pair ...
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  • Forex Market Commentary: EUR, JPY, GBP

    Forex Market Commentary: EUR, JPY, GBP

    Forex Market Commentary: EUR, JPY, GBP EUR closed lower Thursday extending the decline off of its May's high.The mid range close sets the stage for a steady to lower opening when Friday's US market opens.Stochastics and the RSI are Nuetral to Bearish indicating that sideways to lower prices are possible near term. If EUR extends ...
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  • HEFFX Day Trading Introduction

    HEFFX Day Trading Introduction

    HEFFX Day Trading Introduction Most retail Forex traders who make it to the level of full-time or professional trading have a daily routine that is probably a lot different than what most amateur traders imagine. In reality, most professional traders interact with the market far less frequently than what most people might suspect, and this ...
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  • US Dollar Pared Early Gains, US Treasuries Fall

    US Dollar Pared Early Gains, US Treasuries Fall

    US Dollar Pared Early Gains, US Treasuries Fall The US Dollar (.DXY) Index halved its early gains and fought to hold the mark at 85.20. The gain produced the best close since July 2010. EUR/USD is -30 pips at 1.2745 as trade has recovered a large portion of its early losses. EUR pressed to 1.2700 following ...
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  • MetaTrader 4 Opens in Dubai

    MetaTrader 4 Opens in Dubai

    MetaQuotes Software, the developer of the online trading platforms MetaTrader 4 and MetaTrader 5, is pleased to announce an expansion into the Middle Eastern area. MetaFintech LLC has become the company's official agent in the largest international business center of the Middle East - Dubai, United Arab Emirates. MetaFintech will be carrying out sales and ...
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  • The British Pound Feeble Against The Greenback

    The British Pound Feeble Against The Greenback

    The brilliant show put up by the latest series of data by the U.S.makes the major global currencies look feeble in front of the greenback. Thus, GBP too has lost substantially during today's trade by 0.25% to 0.0042 points at a level of 1.6298. The British Pound has touched its September 18 lows of 1.6276 ...
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  • EUR/USD Tests New 14-Month Low

    EUR/USD Tests New 14-Month Low

    EUR/USD Tests New 14-Month Low EUR/USD took a deep plunge today by as much as 0.0062 points to 1.2717, making a new 14-month low against the greenback amid the dovish stance of the European Central Bank and continued optimism in the U.S. Before this level, Euro had hit its 14-month low in July. As per ...
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  • Euro Continues Under Pressure, Extends Wednesday's Losses

    Euro Continues Under Pressure, Extends Wednesday’s Losses

    Euro Continues Under Pressure, Extends Wednesday's Losses EUR/USD Open 1.2775 High 1.2864 Low 1.2763 Close 1.2778 Wednesday EUR/USD decreased by 90 pips. The Euro fell from 1.2864 to 1.2773 Wednesday, matching the negative money flow sentiment at -14%, closing the day at 1.2778. Thursday the Euro is down slightly, marking 1.2763. On the 1 hr ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down The US Dollar (.8.DXY) Index testing the 85.00 mark on track to post its best close since July 2010. Its best mark in 4 yrs. EUR/USD is -70 pips at 1.2780 and sees its lowest close dating to November 2012. Euro saw some early buying despite the weakest German Ifo ...
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  • EURUSD Fundamentals Weak

    EURUSD Fundamentals Weak

    EURUSD Fundamentals Weak Germany's Ifo business confidence indicator fell to its lowest level in 17 months in September, data showed on Wednesday, as Europe's biggest economy continues to run out of steam. The Ifo economic institute's closely watched business climate index fell to 104.7 points in September, from 106.3 points in August, the think-tank said ...
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  • SEC Hunting Bill Gross

    SEC Hunting Bill Gross

    SEC Hunting Bill Gross Pimco confirmed the probe after a report in the Wall Street Journal said the SEC investigation into the $3.6 billion exchange-traded fund has been going on for at least a year but has picked up pace in recent weeks. The SEC's probe is looking into how the ETF bought and then ...
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  • GBP/USD Continues To Rise To 1.6405

    GBP/USD Continues To Rise To 1.6405

    GBP/USD Continues To Rise To 1.6405 GBP/USD is heading strong against the greenback at a level of 1.6405, up by 17 points, though there is no data from the U.K. to relate to. The pound seems to be in a stable position as market players are looking for more indicators to ascertain what lies next. ...
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  • EUR/USD Remains Unchanged On the Back Of German Data And Draghi Comments

    EUR/USD Remains Unchanged On the Back Of German Data And Draghi Comments

    EUR/USD Remains Unchanged On the Back Of German Data And Draghi Comments EUR/USD is more or less steady at 1.2849 as the new information coming from Germany does not boost the euro outlook. The euro is holding above a level of 14 month lows as the business confidence falls for the fifth straight month in ...
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  • EUR/USD Rises On Hopes Of German Recovery

    EUR/USD Rises On Hopes Of German Recovery

    EUR/USD Rises On Hopes Of German RecoveryEUR/USD Open 1.2847 High 1.2902 Low 1.2838 Close 1.2845On Tuesday EUR/USD increased with 60 pips. The Euro appreciated from 1.2842 to 1.2902 Tuesday, not matching the negative money flow sentiment at about -5%, closing the day at 1.2845. This morning the Euro lost Tuesday's gains, dropping to 1.2838. On ...
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  • US Dollar Recovers, US Treasuries Rallies

    US Dollar Recovers, US Treasuries Rallies

    US Dollar Recovers, US Treasuries Rallies The US Dollar (.DXY) Index recovered its early losses and now hangss little changed near 84.70, overrnight selling pressured the Buck down to 84.40, but buyers emerged there in defense of the support area. EUR/USD is +5 pips at 1.2850 as action lingers near 14-month lows. Euro saw an ...
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  • Forex Technicals: Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    Forex Technicals: Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    Forex Technicals: Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (X4) Intraday: under pressure. Pivot: 91.9Our preference: Short positions below 91.9 with targets @ 90.4 & 89.7 in extension.Alternative scenario: Above 91.9 look for further upside with 92.5 & 93.6 as targets.Comment: As long as 91.9 is resistance, likely decline to 90.4. ...
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  • Euro Downtrend Pauses, European PMIs Ahead

    Euro Downtrend Pauses, European PMIs Ahead

    Euro Downtrend Pauses, European PMIs AheadEUR/USD Open 1.2848 High 1.2868 Low 1.2815 Close 1.2848 Monday EUR/USD decreased with 50 pips, Euro depreciated from 1.2868 to 1.2815 not matching the negative money flow sentiment at around -11%, closing the day at 1.2848. Tuesday morning EUR is trading quietly, with movements at the upper half of Monday's ...
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  • US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat

    Treasuries Up, Dollar Flat 10-Yr: +03/32..2.556%.. USD/JPY: 108.90.. EUR/USD:1.2835 Afternoon Update US Treasury Complex 2Y Unch at 99 28/32 3Y +02/32 at 99 25/32 5Y +04/32 at 99 08/32 7Y +06/32 at 98 14/32 10Y +03/32 at 98 12/32 30Y +04/32 at 97 04/32   US Dollat (.DXY) Index EUR/USD +5 pips at 1.2835 GBP/USD ...
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  • FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF FX Headlines U.S. August existing home sales falls 1.8 percent U.S. stocks dipped at the open on Monday, after China's finance minister indicated the country will not increase stimulus measures, with data on the housing market due shortly after the opening bell. U.S. home resales ...
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  • GBP Rallies Again But The Gains Could Be Limited

    GBP Rallies Again But The Gains Could Be Limited

    GBP Rallies Again But The Gains Could Be Limited The British Pound is on a high today by as much as 0.27% to 1.6329 against the dollar, however, the possibility of an aggressive rally is ruled out given the strength for the U.S. dollar. The pair hit the session high of 1.6366 to later consolidate ...
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  • EURUSD Awaits Draghi’s Testimony

    EURUSD Awaits Draghi’s Testimony

    EUR/SD Awaits Draghi’s Testimony EUR/SD touched a 14-month low today ahead of the testimony by European Central Bank President, Mano Draghi, to the lawmakers scheduled today. The euro stick to losses rolled over from last week against the 16 major currencies, however, added 0.13% t0 1.2848 during the later part of the Asian trading session. ...
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  • EURUSD, GBPUSD, USDJPY Asian Forex Market Update

    EURUSD, GBPUSD, USDJPY Asian Forex Market Update

    EURUSD, GBPUSD, USDJPY Asian Market Update The dollar retreated in Asia on Monday after surging last week on US Federal Reserve hints at higher-than-expected interest rates and Scotland’s decision not to break away from the United Kingdom. The greenback slipped to 108.70 yen, from 108.99 yen in New York and a six-year high above 109 ...
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  • G20 Shows Growing Concern for Economy

    G20 Shows Growing Concern for Economy

    G20 Shows Growing Concern for Economy Financial leaders of the Group of 20 top economies remain committed to chasing higher global growth, but were divided on how to achieve it as Germany pushed back at calls from the United States and others for more immediate stimulus. Opening a meeting of G-20 finance ministers and central ...
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  • Currencies On G-20 Agenda, Monetary Policies Diverge

    Currencies On G-20 Agenda, Monetary Policies Diverge

    Currencies On G-20 Agenda, Monetary Policies Diverge Currencies are back on the G-20 agenda as diverging monetary policies from the US to Japan threaten to increase exchange-rate volatility. Foreign-exchange “coordination” will be reflected in Sunday’s G-20 communique in Cairns, Australia, echoing a pledge by Group-of-20 (G-20) economies in July 2013 in Moscow. The USD has ...
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  • US Treasuries Up, US Dollar Up

    US Treasuries Up, US Dollar Up

    US Treasuries Up, US Dollar Up 10-Yr: +06/32..2.595%.. USD/JPY: 108.95.. EUR/USD:1.2830 Afternoon Update US Treasury Complex 2Y Unch at 99 27/32 3Y Unch at 99 23/32 5Y +01/32 at 99 02/32 7Y +03/32 at 98 04/32 10Y +06/32 at 98 02/32 30Y +19/32 at 96 13/32   US Dollar (.DXY) Index EUR/USD -85 pips at ...
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  • EURUSD Reflects Poor Economic Outlook

    EURUSD Reflects Poor Economic Outlook

    EURUSD continued with its decline on Friday’s trading session. EURUSD is trading down 0.35% at 1.2878, up from session’s low of 1.2867 and down from session’s high of 1.2929. It is trading near its 14-month low of 1.2833. EURUSD will find support at 1.2833 and resistance at 1.2981. The Fed Reserve's policy statement continued to ...
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  • GBP/USD Touches 2-1/2 Week Highs After The Victory Of No Campaign

    GBP/USD Touches 2-1/2 Week Highs After The Victory Of No Campaign

    GBP/USD rose to two-and-a-half week highs of 1.6525 on Friday, as Scottish voters supported the No Campaign. Scotland rejected independence after 55% of voters supported the No campaign while only 45% of voters supported the independence. It will find support at 1.6327 and resistance at 1.6615. U.K.'S 307-year-old union will remain intact with no major ...
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  • Financial Troubles In The Eurozone Deepen: EUR/USD

    Financial Troubles In The Eurozone Deepen: EUR/USD

    Financial Troubles In The Eurozone Deepen: EUR/USD The European Central Bank (ECB) held the 1st round of the Targeted Long-term Operations program aka TLTROs, which is aimed to lend extremely cheap money to Eurozone banks.The banks, then, are supposed to start lending this money to real economy. It total, Eurozone monetary policymakers allocated EUR 82.6-B ...
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  • No Need To Worry On Weakening Indonesian Rupiah Vs. USD

    No Need To Worry On Weakening Indonesian Rupiah Vs. USD

    No Need To Worry On Weakening Indonesian Rupiah Vs USD Governor of Indonesian Central Bank Agus Martowardojo Thursday said that the weakening of Rupiah Vs the US Dollar (USD) is still in line with the country's economic fundamentals. Rupiah passed psych mark at 12,000  Thursday (12,030) Vs. 1 USD from 11,908 on the prior day. ...
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  • US Treasuries Finish Mixed, US Dollar Flat

    US Treasuries Finish Mixed, US Dollar Flat

    US Treasuries Finish Mixed, US Dollar Flat 10-Yr: +01/32..2.619%.. USD/JPY: 108.70.. EUR/USD:1.2920 Afternoon Update US Treasury Complex 2Y Unch at 99 27/32 3Y Unch at 99 22/32 5Y -01/32 at 98 31/32 7Y -01/32 at 98 00/32 10Y +01/32 at 97 27/32 30Y +16/32 at 95 27/32 US Dollar (.DXY) Index EURUSD +75 pips at ...
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  • US Real Estate Mortgage Rates Edge Up to 3-Month High

    US Real Estate Mortgage Rates Edge Up to 3-Month High

    US Real Estate Mortgage Rates Edge Up to 3-Month High Mortgage rates were up slightly, with the benchmark 30-year fixed mortgage rate moving to 4.33 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of 0.3 discount and origination points. To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. ...
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  • Rally Starts In USD/CAD

    Rally Starts In USD/CAD

    USD/CAD witnessed a massive upmove in yesterday’s trading session post the release of the Federal Reserve minutes and monetary policy announcement. The Federal Reserve continued to taper its bond buying purchase programme and is in line with expectation of winding down its bond buying programme by the end of October. The traders in the Asian ...
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  • Forex: EUR/USD Edges Higher After Fed

    Forex: EUR/USD Edges Higher After Fed

    Forex: EUR/USD Edges Higher After Fed EUR/USD was trading up 0.28% at 1.2894 after hitting the fresh 14-month lows of 1.2833 on Wednesday’s trading session. The Federal Reserve issued new guidance on its plans to hike interest rates. It said that the rates will stay on hold for a "considerable time." It also reduced its ...
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  • Forex Trading: GBP/USD Advances As Scots Independence Vote Begins

    Forex Trading: GBP/USD Advances As Scots Independence Vote Begins

    Forex Trading: GBP/USD Advances As Scots Independence Vote Begins The pound is trading higher against the dollar on Thursday as Scotland began voting on ending its union with the U.K. GBP/USD is trading up 0.21% at 1.6310, up from a session low of 1.6246 and off a high of 1.6322. GBP/USD will find support at ...
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  • Forex News: USD/JPY Continues To Rally

    Forex News: USD/JPY Continues To Rally

    Forex News: USD/JPY Continues To Rally USD/JPY showed a huge upmove last night after Fed monetary policy announcement which provided an impetus to the dollar against all major currencies including the Japanese Yen. The Federal Reserve did not disappoint market men but maintained that the considerable improvement in the labor markets and the economy would ...
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  • Cable Ignores FOMC Statement, Focus Is Scotish Vote

    Cable Ignores FOMC Statement, Focus Is Scotish Vote

    Cable Ignores FOMC Statement, Focus Is Scotish Vote Wednesday GBP/USD decreased by 115 pips. Cable depreciated from 1.6359 to 1.6243 Wednesday, in line with the negative money flow sentiment at below -15%, closing the day at 1.6269.Thursday Cable is trading quietly, with movements at the lower half of Wednesday's range for now. On the 1 ...
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  • US Dollar (.DXY) Rose To 84.40 On Fed FOMC Statement

    US Dollar (.DXY) Rose To 84.40 On Fed FOMC Statement

    US Dollar (.DXY) Rose To 84.40 On Fed FOMC Statement After the Fed FOMC kept the ‘considerable time' language in its statement, the US Dollar (.DXY) Index rose to session highs near 84.40. The US Fed Committee is expected to taper its QE program to Zero at the October meeting as long as the economy ...
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  • Forex News: Daily Alerts on FX, Oil, Gold

    Forex News: Daily Alerts on FX, Oil, Gold

    Forex News: Daily Alerts on FX, Oil, Gold Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (V4) Intraday: further advance. Pivot: 93.4Our preference: Long positions above 93.4 with targets @ 95.85 & 96.7 in extension.Alternative scenario: Below 93.4 look for further downside with 92.45 & 91.25 as targets.Comment: The RSI is bullish ...
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  • USDCAD Hits Session Low In Yesterday's Trading

    USDCAD Hits Session Low In Yesterday’s Trading

    USDCAD Hits Session Low In Yesterday's Trading USD/CAD hit session lows in yesterday’s trading session on back of reports which showed that Canadian manufacturing hit a record high in July. The Canadian dollar had been under a lot of pressure over the last couple of weeks on the back of dollar going from strength to ...
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  • USDJPY Continues To Move up

    USDJPY Continues To Move up

    USDJPY Continues To Move up USD/JPY continued its upward trajectory in today’s trading session as traders and investors eagerly await the monetary policy decision by the Federal Reserve in the latter half of the day. The Federal Reserve is expected to wind down its bond buying programme by October this year and also provide the ...
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  • EURUSD Trades In Narrow Range Ahead Of Fed Announcement

    EURUSD Trades In Narrow Range Ahead Of Fed Announcement

    EURUSD Trades In Narrow Range Ahead Of Fed Announcement EUR/USD is trading flat against the Dollar on Wednesday as investors await Federal Reserve's statement on monetary policy. EUR/USD is trading down 0.08% at 1.2952 currently. EUR/USD will find support at 1.2907 and resistance at 1.2980. The Federal Reserve will deliver its latest statement on monetary ...
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  • GBPUSD Trades Flat Ahead Of Key Events

    GBPUSD Trades Flat Ahead Of Key Events

    GBPUSD Trades Flat Ahead Of Key Events GBP/USD is trading flat against the Dollar on Wednesday. The pair is trading up 0.07% at 1.6287 currently. GBP/USD will find support at 1.6050 and resistance at 1.6644. The pound will continue to trade in a tight range as investors eye referendum on Scottish Independence, scheduled on September ...
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  • The Daily Bias For USD/JPY Is Neutral

    The Daily Bias For USD/JPY Is Neutral

    The Daily Bias For USD/JPY Is Neutral Price: 107.11 Bias: getting to the point where the market will force a break. The underlying MT (medium term) direction is Bullish USD/JPY, while the daily bias is Neutral. This may indicate price consolidation or an unclear wave structure that needs confirmation. Note: Key MT support and  resistance ...
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  • US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down EUR/USD is +30 pips at 1.2970 as trade seeing its best close in almost 2 wks. The Euro hung  little changed for much of the session before gaining ground on the WS-J coments on the FOMC statement. 10-Yr: +06/32..2.571%.. USD/JPY: 107.00.. EUR/USD:1.2970 Afternoon Update US Treasuries 2Y +01/32 at ...
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  • Daily Forex Technicals Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    Daily Forex Technicals Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    Daily Forex Technicals Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Must Know Forex News * Tuesday, the Fed will begin a two-day policy meeting. A statement and forecasts will be released Wednesday at 2:00 p.m. EDT followed by a press conference half an hour later. * U.S. producer prices were flat in August, pointing ...
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  • FOREX NEWS: GBPUSD Trades Weak Ahead Of Scotland’s Referendum

    FOREX NEWS: GBPUSD Trades Weak Ahead Of Scotland’s Referendum

    FOREX NEWS: GBPUSD Trades Weak Ahead Of Scotland’s Referendum GBPUSD is trading weak, ahead of Scotland’s Referendum. The pair was trading down by 0.33% at 1.6178. There are a number of important U.K economic reports lined up this week. The Forex focus will remain on the all the reports including CPI, employment, retail sales and ...
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  • Forex News: $EURUSD Declines Though Mixed Data Trims Greenback’s Gains

    Forex News: $EURUSD Declines Though Mixed Data Trims Greenback’s Gains

    Forex News: $EURUSD Declines Though Mixed Data Trims Greenback’s Gains FOREX: EURUSD opened low against the dollar on Tuesday and could not sustain the momentum it gained in late trading session on Monday. In the previous trading session, it pared losses after report showed that U.S. industrial production declined by 0.1% last month compared to ...
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  • Forex: USDCAD Maintains Its Gains

    Forex: USDCAD Maintains Its Gains

    Forex: USDCAD Maintains Its Gains USD/CAD saw some profit taking in yesterday’s trading session but has been able to regain most of its losses from yesterday as traders and investors now await the outcome of the Federal Reserve meeting on Wednesday. It is largely expected that the Federal Reserve would wind down its bond buying ...
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  • Forex News: Uptrend Continues In USDJPY

    Forex News: Uptrend Continues In USDJPY

    Forex News: Uptrend Continues In USDJPY USDJPY continued its uptrend after seeing some profit booking in yesterday’s trading session post the dollar index gave up few of its gains post the strong uptrend which was seen in last couple of trading sessions. In the Asian morning session, the dollar was able to strengthen against the ...
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  • EUR Halts Fall Ahead Of US Fed's FOMC Meeting

    EUR Halts Fall Ahead Of US Fed’s FOMC Meeting

    EUR Halts Fall Ahead Of US Fed's FOMC Meeting EUROpen 1.2937 High 1.2977 Low 1.2908 Close 1.2938Monday EUR/USD decreased with almost 70 pips. The single currency depreciated from 1.2977 to 1.2908 Monday, matching the negative money flow sentiment at nearly -14%, closing the day at 1.2938. Tuesday morning the EUR is trading quietly, with movements ...
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  • US Dollar Trades Little Changed, US Treasuries Gain

    US Dollar Trades Little Changed, US Treasuries Gain

    US Dollar Trades Little Changed, US Treasuries Gain 10-Yr: +08/32..2.583%.. USD/JPY: 107.16.. EUR/USD:1.2941 The US Dollar Index trades little changed near 80.25. The Buck tested 80.40 early trade, and gave back gains following the disappointing industrial production and capacity utilization data. EUR/USD is -20 pips at 1.2940 trade tests 14-month lows. Monday's trade has been quiet ...
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  • GBPUSD Starts Weak

    GBPUSD Starts Weak

    GBPUSD Starts Weak GBPUSD  started its Monday’s trading session on a weak note against the dollar. On Friday GBPUSD pair moved higher but gains were limited, as investors are closely watching the issue of Scottish Independence, which can dampen investor’s demand for the pound in the coming week. GBPUSD was trading down 0.10% to 1.6251 in early morning ...
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  • EURUSD Back In Bears Grip

    EURUSD Back In Bears Grip

    EURUSD Back In Bears Grip The EURUSD closed higher against the dollar, on Friday but failed to sustain the momentum on Monday’s trading session. The short-term pullback in the EURUSD seems to be over and the pressure is back on the Euro. The forecast of an early hike in the U.S. interest rates is pushing the demand ...
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  • Monday's Forex Technical Analysis: EUR, GBP, JPY

    Monday’s Forex Technical Analysis: EUR, GBP, JPY

    Monday's Forex Technical Analysis: EUR, GBP, JPY The latest CFTC (COT) positioning data recorded a small net decline in speculative long USD positions. There was a small decline in net EUR shorts, but there was still a net short position of over 150,000 contracts which will maintain the potential for short covering as the EUR ...
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  • FX News: Next Generation MT4 Trading Demo

    FX News: Next Generation MT4 Trading Demo

    FX News: Next Generation MT4 Trading Demo Move up to the next generation in MT4 trading and execution. HEFFX are currently streaming tight pricing on over 30 currency pairs, metals, and NDFs and we can access up to 400 OTC currency pairs. HEFFX MT4 feed provides institutions, brokers, money managers, and retail traders access to ...
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  • Free FX Content For Your Website

    Free FX Content For Your Website

    Free FX Content For Your Website We are releasing a live news  and more for you to use on your website or where ever you like for free. The only thing we ask, is that you do not modify any of the content or claim them as your own and further more, you reference this ...
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  • Islamic Finance in Hong Kong

    Islamic Finance in Hong Kong

    Islamic Finance in Hong Kong The Hong Kong government has raised US$1 billion (HK$7.8 billion) from its inaugural issuance of an Islamic Finance sukuk, or Islamic bond, attracting an order book of US$4.7 billion for the five-year deal, the Hong Kong Monetary Authority said yesterday. The Islamic Finance sukuk achieved the tightest pricing for a ...
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  • USDINR India Economic Outlook

    USDINR India Economic Outlook

    USDINR India Economic Outlook India reported yesterday that industrial output grew by an unexpectedly sluggish 0.5 percent in July, dimming hopes that Asia's third-largest economy is set for a sustained recovery. The half-percentage-point annual growth in production by mines, factories and utilities was the weakest in four months. The data underscored the uphill job facing ...
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  • CTFC Launched Bitcoin Spot Price Index

    CTFC Launched Bitcoin Spot Price Index

    CTFC Launched Bitcoin Spot Price Index TeraExchange, a swap execution facility registered with the Commodity Futures Trading Commission (CFTC), has launched what is called the 1st regulated platform for Bitcoin derivatives and a spot Bitcoin price index. TeraExchange said that the trading of USD/Bitcoin swaps will be subject to the rules and regulations of TeraExchange ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down EUR pushed  higher off the support,  GBP is trading in the 1.62 area ahead of next week's Scotland vote, JPY continues to slide to multi-year lows as it hit 107.39. 10-Yr: -10/32..2.587%.. USD/JPY: 107.15.. EUR/USD: 1.2975 Afternoon Update US Treasuries 2Y Unch at 99 28/32 3Y Unch at 99 24/32 5Y ...
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  • GBPUSD Finds Support At 10-Month Lows

    GBPUSD Finds Support At 10-Month Lows

    GBPUSD Finds Support At 10-Month Lows GBPUSD pair opened flat on Friday after taking support at 10-month lows in Wednesday session. The pair will remain volatile as the chances of Scottish Independence looks more probable than before. GBPUSD was last trading at 1.6222, dipping 0.10% in early morning trade on Friday. The pair touched the ...
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  • EURUSD Opens Positive On Sluggish U.S. Jobs Data

    EURUSD Opens Positive On Sluggish U.S. Jobs Data

    EURUSD Opens Positive On Sluggish U.S. Jobs Data EURUSD pair opened flat to positive in Friday's early morning trading session on the back of sluggish U.S. jobs data released on Thursday. The report revealed that a higher number of individuals sought first-time joblessness claims last week than expected. The report has given some support to ...
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  • Daily Techincal Analysis: USD Vs. EUR, JPY, GBP

    Daily Techincal Analysis: USD Vs. EUR, JPY, GBP

      Daily Techincal Analysis: USD Vs. EUR, JPY, GBP The USD has gained against its 16 main counterparts this week. This weeks gainer has been the biggest in 10 months an expected economic data might support this USD movement.The USD appreciated the most aginst the Aussie. Also speculation on a possible raise in interest rates ...
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  • US Dollar, US Treasuries Little Changed On The Day

    US Dollar, US Treasuries Little Changed On The Day

    US Dollar, US Treasuries Little Changed On The Day US Treasuries finished little changed after giving back Thursday's post-auction gains.  The complex was modestly bid into the cash open as US President Barack Hussein Obama talked up against ISIL and approved airstrikes in Syria, but faded on the day as stocks tried ro recover their. The US Dollar ...
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  • GBPUSD Positive Over Bank Of England’s Hint

    GBPUSD Positive Over Bank Of England’s Hint

    GBPUSD Positive Over Bank Of England’s Hint GBPUSD remained positive against the greenback on Thursday, recovering from its 10-month lows. However, the concerns surrounded by Scottish Independence has kept the charge of bulls off bay from GBPUSD. As on the day, the GBPUSDwas trading at 1.6246, up 0.0034 points. As per the technical indicators, GBPUSD has ...
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  • EURUSD Holds The Crucial 1.29 Level

    EURUSD Holds The Crucial 1.29 Level

    EURUSD Holds The Crucial 1.29 Level EURUSD opened at 1.2917, touched session high of 1.2940 before retreating to 1.2929 levels. EURUSD managed to close higher on Wednesday. It can be an indication that sell-off in pair has taken a breather. There are no major economic events lined up in the euro zone forcing the EURUSD to trade as ...
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  • Thursday's Technical Analysis: EUR/USD

    Thursday’s Technical Analysis: EUR/USD

    Thursday's Technical Analysis: EUR/USDWednesday EUR/USD decreased with 80 pips, falling from 1.2963 to 1.2882 matching the negative money flow sentiment at under -8%, closing the session at 1.2912.Thursday EUR is trading quietly, with movements at the lower half of Wednesday's range for now. On the 1 hr chart the downward channel has slowed, on the ...
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  • Us Dollar (.DXY) Index Little Changed, US Treausries On Lows

    Us Dollar (.DXY) Index Little Changed, US Treausries On Lows

    Us Dollar (.DXY) Index Little Changed, US Treausries On Lows 10-Yr: -09/32..2.532%.. USD/JPY: 106.83.. EUR/USD: 1.2907 US  Dollar (.DXY) Index  little changed near 84.30. The Buck  spent the overnight session below the flatline before paring losses. US Treasuries fell for the 7th session in 8. EUR/USD is -35 pips at 1.2905 as action sees its lowest close in ...
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  • EURUSD Pair Trades Flat After Bouncing Back From 14-Month Lows

    EURUSD Pair Trades Flat After Bouncing Back From 14-Month Lows

    EURUSD Pair Trades Flat After Bouncing Back From 14-Month Lows The EURUSD pared losses in late trade on Tuesday and closed well above the 1.29 mark. It started trading on a flat note on Wednesday.  It comes as a breather for the EURUSD as it tumbled down to 14-month lows against the dollar in last trading ...
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  • GBPUSD Under Pressure Over The Fed’s Interest Rate Outlook

    GBPUSD Under Pressure Over The Fed’s Interest Rate Outlook

    GBPUSD Under Pressure Over The Fed’s Interest Rate Outlook GBPUSD takes a dip again as it continues to trade 0.14% down at 1.6083. There are two major factors driving the pound down, one being the concerns associated with the Scottish Independence and the new one added yesterday after a research report from the Federal Reserve of ...
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  • FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (V4) Intraday: under pressure. Pivot: 94Our preference: Short positions below 94 with targets @ 91.8 & 90.95 in extension.Alternative scenario: Above 94 look for further upside with 95 & 95.85 as targets.Comment: As long as 94 is resistance, likely decline to 91.8. ...
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  • USDJPY Economic Index® (LEI) for Japan Declines

    USDJPY Economic Index® (LEI) for Japan Declines

    USDJPY Economic Index® (LEI) for Japan Declines Economic Index® (LEI) for Japan Declines The Conference Board Leading Economic Index® (LEI) for Japan declined 0.8 percent in July to 97.4 (2004 = 100), following a 0.8 percent decline in June, and a 1.2 percent decline in May. At the same time, The Conference Board Coincident Economic Index® (CEI) ...
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  • Daily Forex Market Commentary: EUR, JPY, GBP

    Daily Forex Market Commentary: EUR, JPY, GBP

    Daily Forex Market Commentary: EUR, JPY, GBPEUR The EUR moved higher Tuesday topped at 1.2956. The bias is Neutral to Bullish near term but overall remain Bearish and any Northside pullback now should be seen as a normal corrective movement. Immediate resistance is seen around 1.2980. EUR closed higher Tuesday as it extends the rebounded ...
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  • US Dollar (.DXY) Posts Small Gainer

    US Dollar (.DXY) Posts Small Gainer

    US Dollar (.DXY) Posts Small Gainer 10-Yr: -07/32..2.498%.. USD/JPY: 106.41.. EUR/USD: 1.2915 The US Dollar (.DXY) Index posts small gainer, close at a 14-month high in choppy trade. EUR/USD is +15 pips at 1.2915 at its worst marks since July 2013. Euro pressed to its worst session levels  in response to the larger than expected French budget deficit. French industrial production ...
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  • FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (V4) Intraday: continuation of the rebound. Pivot: 92.7Our preference: Long positions above 92.7 with targets @ 94.15 & 95 in extension.Alternative scenario: Below 92.7 look for further downside with 91.8 & 90.95 as targets.Comment: The RSI is bullish and calls for further ...
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  • GBPUSD Trading Outlook

    GBPUSD Trading Outlook

    GBPUSD Trading Outlook GBP has recovered to an extent against the greenback on Tuesday but maintains its level near 10 month lows. The day was filled with a series of mixed data for the United Kingdom, while the gaining assert for the Scottish independence remains a strong factor to built pressure on the sterling. Scottish ...
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  • EURUSD Euro Back in Crisis Mode

    EURUSD Euro Back in Crisis Mode

    EURUSD Euro Back in Crisis Mode Euro continues to deteriorate against the USD as it trades at 1.2891, down by 0.02% against the U.S. dollar during the late Asian trade. The investor confidence index in the Euro-zone posted a decline to -9.8, which came in sharp contradiction to the market consensus of a drop level ...
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  • Daily Forex Commentary: EUR, JPY, GBP

    Daily Forex Commentary: EUR, JPY, GBP

    Daily Forex Commentary: EUR, JPY, GBP The European single  currency dropped to a 14-months low following the interes rate cuts announced by the ECB on 4 September. The cntral bank announced a cut in the 3 main rates (as to know the refinancing, marginal lending facility and deposit rate) and a liquidity package of at ...
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  • US Dollar Up, US Treasuries Mixed

    US Dollar Up, US Treasuries Mixed

    US Dollar Up, US Treasuries Mixed The US Dollar (.DXY) Index tracked for its 1st close above 84.00 in 14 months as trade holds the 84.20 mark.   10-Yr: -01/32..2.458%.. USD/JPY: 105.85.. EUR/USD: 1.2935 Afternoon Update 2Y Unch at 99 31/32 3Y Unch at 99 22/32 5Y Unch at  99 21/32 7Y -01/32 at 99 ...
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  • FX Webinar: CQG FX! Wednesday, September 10th at 5:00 CST

    FX Webinar: CQG FX! Wednesday, September 10th at 5:00 CST

    FX Webinar: CQG FX! Wednesday, September 10th at 5:00 CST CQG FX! CQG is going to hold a WebEx this Wednesday, September 10th at 5:00 CST to show basic functionality of our platform, CQG FX. We are looking to show you some basic order entry functionality, as well as some simple shortcuts that will help ...
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  • FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF FX Alerts and Technicals from HEFFX.com Crude Oil (NYMEX) (V4) Intraday: under pressure. Pivot: 93.6 Our preference: Short positions below 93.6 with targets @ 91.8 & 90.95 in extension. Alternative scenario: Above 93.6 look for further upside with 94.15 & 95 as targets. Comment: Technically ...
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  • Weak U.S. Labor Data Keeps EURUSD Steady

    Weak U.S. Labor Data Keeps EURUSD Steady

    Weak U.S. Labor Data Keeps EURUSD Steady The weak employment data in the U.S. has kept the Euro steady over the weekend. EUR/USD was trading marginally below by 0.01 per cent at 1.2951 on Monday. However, the pair holds near 14 month lows, which came in wake of the European Central Bank's recent monetary easing ...
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