Currencies

  • GBPUSD Goes Up Marginally On Back Of Weakness In The Greenback

    GBPUSD Goes Up Marginally On Back Of Weakness In The Greenback

    The British Pound is inching upwards against the green Dollar, maintaining its level close to 2-week high. The rise is amid the concerns on the global economic outlook. Moreover, the China's data today reporting its weak third quarter has further sparked the fears among the market players. The cable touched a session high of 1.6183 ...
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  • EURUSD Edges Higher But China’s Data Worries

    EURUSD Edges Higher But China’s Data Worries

    EURUSD Edges Higher But China’s Data Worries Today Euro is edging higher against the greenback, increasing by more than 0.07% to 1.2809. However, any steep rise is ruled out as the global economic outlook remains dull. The main point of concern comes from China where third quarter growth has fuelled concerns. China Annual Growth Declines ...
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  • Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP Euro Vs. USD EUR closed higher Monday. The high range close set the stage for a steady to higher opening when Tuesday's US session opens for trading. Stochastics and the RSI are Neutral to Bullish indicating that sideways to higher prices are possible near term. Closes above the ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF

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

    Crude Oil (NYMEX) (X4) Intraday: under pressure. Pivot: 84.45Our preference: Short positions below 84.45 with targets @ 81.2 & 79.78 in extension.Alternative scenario: Above 84.45 look for further upside with 86.3 & 87.98 as targets.Comment: As long as 84.45 is resistance, look for choppy price action with a bearish bias. Opinion published is an intraday ...
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  • US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down 10-Yr: +04/32..2.182%.. USD/JPY: 106.80.. EUR/USD:1.2795 Afternoon Update US Treasury Complex 2Y +01/32 at 100 09/32 3Y +03/32 at 100 10/32 5Y +03/32 at 101 21/32 7Y +02/32 at 101 25/32 10Y +04/32 at  101 21/32 30Y +06/32 at 103 06/32   US Dollar (.DXY) Index EUR/USD +35 pips at ...
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  • Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP Euro Vs. USD EUR closed lower Friday. The lowrange close sets the stage for a steady to lower opening when Monday's US session opens for trade. Stochastics and the RSI are Neutral to Bullish signalling that sideways to higher prices are possible near term. Closes above the 20-Day MA ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF

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

    Crude Oil (NYMEX) (X4) Intraday: bullish bias above 82.3. Pivot: 82.3Our preference: Long positions above 82.3 with targets @ 84.45 & 86.3 in extension.Alternative scenario: Below 82.3 look for further downside with 81.2 & 79.78 as targets.Comment: The RSI is around its neutrality area at 50% Opinion published is an intraday view. Green Lines Represent ...
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  • USDJPY Time to Buy the Japanese Yen

    USDJPY Time to Buy the Japanese Yen

    USDJPY Time to Buy the Japanese Yen Shayne Heffernan has a 12 month 102 target on the USDJPY The survey, conducted from Sept. 30 to Oct. 14, found 45 percent of companies want the government to start talking up the yen or defend it with market intervention at around 110 to the dollar. That suggests ...
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  • US Treasuries Up, US Dollar Up

    US Treasuries Up, US Dollar Up

    US Treasuries Up, US Dollar Up 10-Yr: -10/32..2.193%.. USD/JPY: 106.62.. EUR/USD: 1.2772 Afternoon Update US Treasury Complex 2Y -01/32 at 100 07/32 3Y -02/32 at 100 07/32 5Y -05/32 at 101 18/32 7Y -08/32 at 101 21/32 10Y -10/32 at 101 17/32 30Y -17/32 at 103 03/32   US Dollar (.DXY) Index EUR/USD -30 pips ...
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  • Euro Crisis: Spain May Need a Bailout

    Euro Crisis: Spain May Need a Bailout

    Spanish public debt stood at 1.01 trillion euros (1.29 trillion U.S. dollars) in August, according to data unveiled Friday by the Bank of Spain. Debt increased 3.685 billion euros from July to August, representing 96.1 percent of the country's gross domestic product (GDP). Spain's public debt increased 0.36 percent on a month-on-month basis, while experiencing ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF

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

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF FX News U.S. stock futures jumped following a batch of solid corporate earnings reports and on hopes the Federal Reserve might slow the winding down of its stimulus in light of recent weakness in the global economy. Yields on U.S. government debt, however, extended ...
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  • EUR/USD Unchanged

    EUR/USD Unchanged

    Some boost in sentiment is seen as EUR/USD sustains a level near three-week high early today. The robust series of data published on Thursday has shored up the confidence about the global economic growth, which was estimated to remain weak in coming years. EUR/USD is trading 0.13% down at 1.2792. The currency pair hit a ...
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  • GBP/USD Moving Lower

    GBP/USD Moving Lower

    GBP/USD Moving Lower A rosy picture drawn by the U.S. yesterday has helped it to gain strength against the major global currencies today. The British Pound Sterling is no exception as it fell 0.28% to 1.6043 against the U.S. Dollar today. It hit a session low of 1.6030 during European trade hours before consolidating to ...
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  • Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP Euro Vs. USD The EUR closed lower Thursday. The high range close set the stage for a steady to higher opening when Friday's US session begins to trade. Stochastics and the RSI are Neutral to Bullish indicating that sideways to higher prices are possible near term. Closes above the ...
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  • US Treasuries Down, US Dollar Down

    US Treasuries Down, US Dollar Down

    US Treasuries Down, US Dollar Down 10-Yr: -04/32..2.163%.. USD/JPY: 106.05.. EUR/USD: 1.2820 Afternoon Update US Treasury Complex 2Y -02/32 at 100 09/32 3Y -03/32 at 100 10/32 5Y -04/32 at 101 24/32 7Y -05/32 at 101 30/32 10Y -04/32 at 101 28/32 30Y -09/32 at 103 23/32   US Dollar (.DXY) Index EUR/USD +5 pips ...
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  • The Fed, The Sell Off and The Future

    The Fed, The Sell Off and The Future

    The Fed, The Sell Off and The Future The Fed's policy setting committee meets Oct. 28-29 and plans to end its bond-buying program then. Its language will be watched particularly closely for evidence of how deeply recent world events have affected its thinking. "We have seen a lot of sizable ups and downs in recent ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF

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

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF FX Headlines $DJIA Thursday’s Technical Analysis: DJIA (.DJI) http://www.livetradingnews.com/?p=76614 A second Texas nurse who has contracted Ebola told a U.S. health official she had a slight fever and was allowed to board a plane from Ohio to Texas, a federal source said on Wednesday, ...
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  • GBP/USD Looks Weak

    GBP/USD Looks Weak

    GBP/USD Looks Weak The U.S. dollar weakened against the major currencies on Wednesday following a lower-than-expected retail and wholesale pricing data. However, today the greenback is on revival as it improves against all, including the British Pound. As of this writing, GBP trades 0.16% down at 1.5992 against the U.S. dollar. The Pound is largely ...
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  • EUR/USD Slips From Three Week Highs

    EUR/USD Slips From Three Week Highs

    EUR/USD Slips From Three Week Highs Yesterday's weak data in the U.S. had led to sharp decline in the greenback against the major currencies, including Euro. However, the fears appeared subsided today as the Euro fell again from its three-week high and the U.S. Dollar stands recovered. The Euro trades at a session low of ...
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  • Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP Euro Vs USD EUR closed higher Wednesday. The high range close set the stage for a steady to higher opening when Thursday's US session opens for trade. Stochastics and the RSI are nNeutral to Bullish indicating that sideways to higher prices are possible near term. Closes above the 20-Day ...
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  • China's RMB Yuan To Become World's 3rd Largest

    China’s RMB Yuan To Become World’s 3rd Largest

    China's RMB Yuan To Become World's 3rd Largest China's currency renminbi, or the RMB Yuan,is expected to become the world's 3rd  largest currency under an optimistic scenario, the International Monetary Institute (IMI) under Renmin University of China (RUC) said Tuesday. In the next 3-5 yrs rs, the RMB is expected to be 2nd only to USD ...
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  • US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down 10-Yr: +1 22/32..2.006%.. USD/JPY: 105.85.. EUR/USD:1.2790 Afternoon Update The US Treasury Complex 2Y +06/32 at 100 13/32 3Y +16/32 at 100 23/32 5Y +1 03/32 at 102 17/32 7Y +1 15/32 at 103 01/32 10Y +1 22/32 at 103 08/32 30Y +3 08/32 at 106 19/32   The US ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF

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

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF U.S. retail sales declined in September and prices paid by businesses also fell, worrisome signs that consumer demand may be faltering while inflation is failing to gain traction. The two reports on Wednesday could deepen concerns at the U.S. Federal Reserve over the readiness ...
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  • GBP/USD Target 1.54

    GBP/USD Target 1.54

    GBP/USD Target 1.54 GBP is positive against the U.S. Dollar today but maintains its level around 11-month high. GBP is trading at 1.5929, up by 0.16%, after hitting the session low of 1.5878. The level is the currency's lowest since November 2013. The currency pair is likely to get support at level of 1.5802 and ...
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  • EUR/USD Remains Under Pressure

    EUR/USD Remains Under Pressure

    EUR/USD continues another negative day as it slipped ny 0.10% at 1.2645 against the greenback today. The U.S. Dollar is holding a strong position against the Euro as well as other major global currencies. The previous day's weak industrial output data from the single bloc currency weighs down on its outlook, while market players rush ...
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  • Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP Euro Vs USD The EUR closed lower Tuesday. The low range close sets the stage for a steady to lower opening when Wednesday's US session begins to trade. Stochastics and the RSI are Neutral to Bullish indicating that sideways to higher prices are possible near term. Closes above ...
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  • US Treasuries Up, US Dollar Up

    US Treasuries Up, US Dollar Up

    US Treasuries Up, US Dollar Up 10-Yr: +15/32..2.255%.. USD/JPY: 107.05.. EUR/USD:1.2660 Afternoon Update US Treasury Complex 2Y +02/32 at 100 07/32 3Y +06/32 at 100 05/32 5Y +11/32 at 101 11/32 7Y +14/32 at 101 13/32 10Y +15/32 at 101 08/32 30Y +18/32 at 102 23/32   US Dollar (.DXY) Index EUR/USD -80 pips at ...
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  • Do you trade, Gold, S&P, Crude, Bonds, Currency Futures or the Spot Forex Market?

    Do you trade, Gold, S&P, Crude, Bonds, Currency Futures or the Spot Forex Market?

    Do you trade, Gold, S&P, Crude, Bonds, Currency Futures or the Spot Forex Market? Webinar: Learn Institutional Key Trading Levels Free Trading Levels and Market Briefing Join us for a LIVE meeting Tuesday with a Institutional Bank Trader for an inside look at these volitile markets and preparation for Wednesday's trade sessions. You will receive ...
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  • EURUSD Continues Slide as EU in Crisis

    EURUSD Continues Slide as EU in Crisis

    EURUSD Continues Slide as EU in Crisis The day turned bad again for EUR/USD as it tests session lows today following the worst-than-expected economic sentiment prevalent in Germany. A report showed that the economy's sentiment in October deteriorated the most since December 2012. Moreover, the weak industrial output in the euro zone continues to weigh ...
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  • GBPUSD Edges Lower

    GBPUSD Edges Lower

    GBPUSD Edges Lower Following a day of weakness, the U.S. dollar is back into green against the major currencies. The British Pound is no exception, which is trading down by 0.85% to 1.5947. The currency pair has support and resistance levels at 1.5941 and 1.6128 as per its last high and low peaks. U.K. CPI ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF

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

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF The dollar index, which measures the U.S. currency against a basket of others .DXY, rebounded after falling as much as 1 percent on Monday, its largest one-day drop in a year. The dollar was up 0.8 percent against the euro, which lost further ground ...
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  • Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP EuroEUR closed higher Monday Vs the USD.The midrange close sets the stage for a steady opening when Tuesday's US session begins to trade. Stochastics and the RSI are Neutral to Bearish signalling that sideways to lower prices are possible near term. If EUR it extends this Summer's decline, ...
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  • US Dollar (.DXY) Index Pressing Session Lows

    US Dollar (.DXY) Index Pressing Session Lows

    US Dollar (.DXY) Index Pressing Session Lows The US Dollar (.DXY) Index presses session lows near 85.45 as sellers look to regain control following 2 days of gainers. The early weakness saw trade testing Key support in the area with a breakdown setting up a move toward the 84.00 area. The US session will likely be subject ...
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  • Trading with CQG Latest Updates

    Trading with CQG Latest Updates

    Tips and Tricks for Building CQG-Powered Excel Dashboards Access our extensive collection of articles to help you design and manage custom dashboards using CQG with Microsoft Excel®. Read >> Join Us at the FIA Expo Visit us at the 30th Annual Futures & Options Expo in Chicago on November 4 - 6 to see our ...
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  • GBPUSD Trading Columbus Day

    GBPUSD Trading Columbus Day

    As the U.S. markets remain closed on account of Columbus day, the greenback is showing little positive movement against the major global currencies. The British Pound to edged higher against the U.S. dollar today. The currency pair is currently trading 0.45% higher at 1.2683 against the greenback. The currency pair's likely support is 1.6006, while ...
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  • EURUSD Gains Should Remain Capped

    EURUSD Gains Should Remain Capped

    The Euro opened weak on a higher note against the greenback, but the duration of the rally is not likely to extend much as the outlook of the Euro region remains weak. The EUR gained 0.50% against the U.S. Dollar at $1.2687 today. But, the trading volumes are expected to remain not too heavy since ...
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  • Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP

    Forex Technical Analysis: USD, EUR, JPY, GBP EUR/USD Euro EUR Current mark - 1.2670 Last week's slide from 1.2791 has been reversed at 1.2603 and current intra-day bias is positive, for a rise towards 1.2820 major resistance. Initial minor resistance is seen at 1.2715 and key support on the Southside lies at 1.2648. Resistance Support intraday ...
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  • Lew Warns Against Devaluation As USD Gains

    Lew Warns Against Devaluation As USD Gains

    Lew Warns Against Devaluation As USD Gains BCS, C US Treasury Secretary Jacob J. Lew warned global policy makers against devaluing exchange rates for competitive advantage amid mounting concern over the strength of the USD and slowing world growth. With counterparts in Asia and Europe embracing declining currencies as they seek to boost their economies, ...
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  • EURUSD Europe Races to Recession

    EURUSD Europe Races to Recession

    EURUSD Europe Races to Recession The IMF has flagged Europe as the top concern, a sentiment echoed by many policymakers, economists and investors gathered in Washington for the Fund's fall meetings. European officials sought to dispel the gloom. European Central Bank President Mario Draghi said the drag from fiscal tightening in the euro zone was ...
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  • US Treasuries Flat, US Dollar Up

    US Treasuries Flat, US Dollar Up

    US Treasuries Flat, US Dollar Up 10-Yr: unch..2.314%.. USD/JPY: 107.85.. EUR/USD: 1.2640 Afternoon Update US Treasury Complex 2Y -01/32 at 100 02/32 3Y Unch at 99 28/32 5Y Unch at 100 27/32 7Y Unch at 100 24/32 10Y Unch at 100 16/32 30Y Unch at 101 13/32   US Dollar (.DXY) Index EUR/USD -50 pips ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF

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

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF Crude Oil (NYMEX) (X4) Intraday: the downside prevails. Pivot: 86.8Our preference: Short positions below 86.8 with targets @ 82 & 81 in extension.Alternative scenario: Above 86.8 look for further upside with 87.98 & 90.35 as targets.Comment: As long as 86.8 is resistance, likely decline ...
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  • GBPUSD Trading Update

    GBPUSD Trading Update

    GBPUSD Trading Update The Thursday's weakness in the greenback evaporated following the positive jobless claims data in the region. This has obviously helped the U.S. dollar to improve against the major global currencies, including the British Pound. So, as of today, the cable is trading 0.37% down against the dollar at 1.6056, losing its 0ne ...
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  • EURUSD Tumbles

    EURUSD Tumbles

    EURUSD Tumbles EURUSD rally on Thursday was short lived as the U.S. jobless claims data later in the day forced the EURUSD to shed its session gains. As of today. EUR/USD is trading at a level near 1.2659, 0.24% down. Also, uninspiring comments by the European Central Bank's Mario Draghi further weighed on the currency. ...
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  • Forex Technical Analysis: EUR, JPY, GPB

    Forex Technical Analysis: EUR, JPY, GPB

      Forex Technical Analysis: EUR, JPY, GPBEuro EUR closed lower Thursday. The low range close sets the stage for a steady to lower opening when Friday's US session opens. Stochastics and the RSI are Neutral to Bearish indicaling that sideways to lower prices are possible near term. If the single currency extends this Summer's decline, ...
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  • US Dollar Seeing 1st Gainer In 4 Days

    US Dollar Seeing 1st Gainer In 4 Days

    US Dollar Seeing 1st Gainer In 4 Days 10-Yr: -01/32..2.330%.. USD/JPY: 107.74.. EUR/USD: 1.2687  .DXY 85.00, on track for 1st gain in 4 sessions. the US Dollar (.DXY) Index holds near session highs as trade tested the 85.60 mark.  The Buck has seen a steady climb over the course of the US session after early ...
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  • GBP/USD Strong Following The Fed’s Remarks, Eyes On BoE

    GBP/USD Strong Following The Fed’s Remarks, Eyes On BoE

    The dovish comment by the Federal Reserve on Wednesday has helped the British pound rally to a one-week high against the greenback today. The minutes of the Fed subsided the raised expectations about the interest rate hike in the near term, while the market players are curious to see the next move by the Bank ...
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  • US Dollar Slips Against Euro: Dovish Remarks Dampens It Further

    US Dollar Slips Against Euro: Dovish Remarks Dampens It Further

    The US Dollar was already quite low for last few days. It was as low as 2 weeks against Euro while 3.5 weeks low against the Yen currency. However, the meeting minutes of the Federal Reserve has a dovish remark which has further affected the price of US Dollar, diminishing the demand for the greenback ...
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  • Forex Technical Analysis: EUR, JPY, GPB

    Forex Technical Analysis: EUR, JPY, GPB

    Forex Technical Analysis: EUR, JPY, GPB Euro EUR closed higher Wednesday. The high range close sets the stage for a steady to higher opening when Thursday's US session opens. Stochastics and the RSI are Neutral to Bearish signalling that sideways to lower prices are possible near term. If EUR extends this Summer's decline, monthly support ...
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  • US Dollar Falls, US Treasuries Fall

    US Dollar Falls, US Treasuries Fall

    US Dollar Falls, US Treasuries Fall 'Dovish' FOMC minutes dampen Buck The US Dollar (.DXY)Index fell to session lows near 85.40 after the latest FOMC minutes hinted at risks to the global economy and suggested the ‘considerable time' language is misunderstood. EUR/USD is +45 pips at 1.2710 as trade rose to its best level in ...
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  • HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF

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

    HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY,$AUDUSD, $USDCHF Crude Oil (NYMEX) (X4) Intraday: capped by a negative trend line. Pivot: 90.35Our preference: Short positions below 90.35 with targets @ 87 & 85.5 in extension.Alternative scenario: Above 90.35 look for further upside with 91.85 & 93 as targets.Comment: The RSI advocates for further ...
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  • U.K. Home Price Rise Did Not Support GBP/USD

    U.K. Home Price Rise Did Not Support GBP/USD

    The British Pound edged lower against the greenback on Wednesday on the backdrop of concerns surrounding the global economic outlook. Also, the market players are closely looking forward to the Federal Reserve's policy meeting scheduled to take place later today. IMF’s Downgrade          GBP consolidated to 1.6082, representing a 0.10% decline after hitting session low of ...
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  • IMF Downgrade Weighs On The Euro

    IMF Downgrade Weighs On The Euro

    As the International Monetary Fund (IMF) downgraded the world economic growth outlook for the current as well as next year, it further forced the euro to slip against the greenback. Today, EUR/USD touched trading session lows of 1.2623 before consolidating to the level of 1.2659, resembling a 0.8% fall. IMF Dampens The Global Outlook Since ...
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  • Forex Technical Analysis:  USD/JPY

    Forex Technical Analysis: USD/JPY

    Forex Technical Analysis: USD/JPYUSD/JPY Slips To 108The USD losing a Japanese Yen a day feels too fast. That said, the Bucks rise from September onwards was overdone. When considering the tightening of 2-yr yield spread between US and Japanese debt, we should not be surprised to see the Buck weaken further Vs the Yen. USD/JPY ...
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  • US Dollar Saw Selling, US Treasuries Close On Highs

    US Dollar Saw Selling, US Treasuries Close On Highs

    US Dollar SawSelling, US Treasuries Close On Highs The US Dollar (.DXY) Index holds small losses near 85.80, sellers took the helm for a 2nd day running. Minor support at  85.70 remains the focus as a breakdown suggests a potential move into the 84.70 area. EUR/USD is -10 pips at 1.2640 after recovering most of its ...
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  • Manufacturing Data In U.K. Did Not Help GBP/USD

    Manufacturing Data In U.K. Did Not Help GBP/USD

    The positive U.K. manufacturing data failed to lend support to the British pound against the U.S. dollar as GBP/USD trades 0.07% down at 1.6072. The U.S. dollar is strongly supported amid expectations that the Federal Reserve will hike rates at the earliest. Manufacturing Data In U.K. Following the manufacturing data released, GBP/USD touched a high ...
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  • EUR Slides sharply Against The Greenback

    EUR Slides sharply Against The Greenback

    The EUR is trading sharply lower against the greenback as the German Industrial data further disappoints the outlook for the region. Meanwhile, the U.S. dollar has regained ground against the major global currencies following Monday's slide. Session Lows Today, the pair hit the session low of 1.2587, down by nearly 0.53% after the report indicated ...
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  • Tuesday's Technical Analysis: USD/JPY

    Tuesday’s Technical Analysis: USD/JPY

    Tuesday's Technical Analysis: USD/JPY USD/JPY (109.21) corrected till 108 after rallying within close distance of target at 110.30. It may consolidate in the range of 108-110.50 for a few sessions in here. The EUR/Yen Cross (137.71) structure has weakened considerably, but a small bounce to 138.50-139.00 cannot be ruled out. Major support comes at 136.30-135.70. ...
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  • US Stays Out Of Global Currency War

    US Stays Out Of Global Currency War

    US Stays Out Of Global Currency War Savvy financial experts note that a global currency war has broken out, as nations seek to devalue their currencies to drive  exports that boosts sluggish economies. But this currency war lacks a major participant, the United States. The US Federal Reserve and Treasury Department are content to let ...
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  • US Treasuries Flat, US Dollar Down

    US Treasuries Flat, US Dollar Down

    US Treasuries Flat, US Dollar Down 10-Yr: +05/32..2.409%.. USD/JPY: 108.90.. EUR/USD:1.2590 Afternoon Update US Treasury Complex 2Y +02/32 at 99 29/32 3Y +04/32 at 100 00/32 5Y +05/32 at 100 09/32 7Y +06/32 at 100 00/32 10Y +05/32 at 99 20/32 30Y +06/32 at 100 08/32 US Dollar (.DXY) Index EUR/USD +80 pips at 1.2590 ...
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  • Bill Gross will Outperform Pimco

    Bill Gross will Outperform Pimco

    Bill Gross will Outperform Pimco Bill Gross is intent on getting back to the top of his game. In fact, he refers to his desire to beat his rivals as a “constructive obsession.” Gross said he expected to manage about $100 million in assets in the Janus Global Unconstrained Bond Fund, and to have an ...
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  • GBPUSD Remains Flat Against The Dollar

    GBPUSD Remains Flat Against The Dollar

    GBPUSD Remains Flat Against The Dollar The British Pound is showing little movement against the greenback today, keeping its levels near 11-month lows against the dollar. The U.S. dollar largely remains supported on back of the latest data of higher employment growth in the month of September leading to enhanced expectations of an early Federal ...
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  • $EURUSD Improves But Gains Capped

    $EURUSD Improves But Gains Capped

    $EURUSD Improves But Gains Capped The EUR is showing some strength against the U.S. dollar during today's trade session as the currency pair is at 1.2532, above 0.14%. Despite the weakness, the dollar is still supported on account of robust payrolls data released on Friday, helping it sustain level near four year highs against a ...
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  • Forex Technical Analysis: EUR, JPY, GBP

    Forex Technical Analysis: EUR, JPY, GBP

      Forex Technical Analysis: EUR, JPY, GBP EUR/USD Current mark- 1.2537 The downtrend has been renewed and the outlook is Bearish below 1.2570 resistance, for a move towards 1.2440, next to 1.2260. Crucial on the Northside is the 1.2700 high. Resistance Support intraday intraweek intraday intraweek 1.2570 1.2820 1.2500 1.2260 1.2700 1.2995 1.2440 1.2040 USD/JPY ...
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  • Bitcoin Price Almost 20% At The Weekend

    Bitcoin Price Almost 20% At The Weekend

    Bitcoin Price Almost 20% At The Weekend The price of Bitcoin's fell almost 20% this weekend to its lowest level of the year, causing worries that a crash is ahead. Sunday afternoon, Bitcoin was trading at about $300, up from a low of $286, according to CoinDesk, a virtual currency website. Some say that Bitcoin's ...
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  • EURUSD ECB a Failure Target $1.15

    EURUSD ECB a Failure Target $1.15

    EURUSD ECB a Failure Target $1.15 Shayne Heffernan outlook Technical Outlook Short Term:                 Neutral Intermediate Term:   Bearish Long Term:                 Bearish Shayne Heffernan Target 1.15 USD. Persistent and dangerously low eurozone inflation will keep the heat on the European Central Bank headed by Mario Draghi. But despite noise the ECB is ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down 10-Yr: -08/32..2.455%.. USD/JPY: 109.80.. EUR/USD: 1.2510 Afternoon Update US Treasury Complex 2Y -03/32 at 99 26/32 3Y -06/32 at 99 27/32 5Y -09/32 at 100 00/32 7Y -08/32 at 99 22/32 10Y -08/32 at 99 08/32 30Y -01/32 at 99 17/32   US Dollar (.DXY) Index EUR/USD -160 pips ...
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  • SegretoTrader FX, Futures, CFD’s, ETF’s and Stocks

    SegretoTrader FX, Futures, CFD’s, ETF’s and Stocks

    SegretoTrader FX, Futures, CFD’s, ETF’s and Stocks What is segretotrader ? segretotrader is a combination of two products in one for self-directed and semi self-directed trading. It is still the only total web based trade room package for trading FX, Futures, CFD’s, ETF’s and Stocks. It comes with its proprietary trading strategies that produce detailed ...
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  • EUR/USD Trades Near 2-year lows

    EUR/USD Trades Near 2-year lows

    EUR/USD pair is trading near 2-year lows as demand for the greenback gets a boost ahead of a much-awaited U.S. employment data to be released later in the day.EUR/USD is trading down 0.30% at 1.2630 currently. It made a high of 1.2675 in the early morning trade. EUR/USD will find support at 1.2570 and resistance ...
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  • GBP/USD Touches 3-1/2 Week Lows After Release Of U.K. PMI

    GBP/USD Touches 3-1/2 Week Lows After Release Of U.K. PMI

    GBP/USD pair declined to touch three-and-a-half week lows on Friday. The pair was trading in red after the release of subdued service sector data from the U.K.. The demand for the greenback remains strong and any disappointment coming from the subdued payrolls data can induce a buying opportunity in the U.S. dollar. GBP/USD is trading ...
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  • Daily HEFFX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

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

    Daily HEFFX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF The Commerce Department said on Friday the trade gap narrowed 0.5 percent to $40.1 billion. July's trade deficit was revised to $40.3 billion. Economists polled by Reuters had expected the deficit to widen to $40.9 billion in August from a previously reported $40.6 billion ...
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  • Forex Traders Greatful To Fed For Higher Rate Hints

    Forex Traders Greatful To Fed For Higher Rate Hints

    Forex Traders Greatful To Fed For Higher Rate Hints Foreign exchange (Forex) traders are proving to be among the biggest beneficiaries from the fall in markets ranging from stocks to bonds and commodities brought on by prospects for higher interest rates in the US Rising volatility is boosting the Parker Global Currency Manager Index, which jumped ...
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  • US Dollar Off 4 Yr Highs, US Treasuries Erase Losses

    US Dollar Off 4 Yr Highs, US Treasuries Erase Losses

    US Dollar Off 4 Yr Highs, US Treasuries Erase Losses The US Dollar (.DXY) Index presses session lows near 85.50, US Treasuries erased their early losses as buying emerged. Thursday's action has spent the entire day below the flat line as trade tests near-term support. Treasuries closed on the lows on volatile trading. EUR/USD is +65 pips at 1.2680 ...
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  • 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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