Forex Factory Forum News
- FOREX: Euro Losses on Portugal Downgrade Limited by Market Acclimation, ECB Tuesday, July 5, 2011 @ 11:03PMLiquidity would fill out with the US market’s return from the extended holiday weekend; but you wouldn’t know it in volume figures. Nonetheless, it seems that a slump in activity is actually a boon for the recently deflated dollar – or is that just a side effect of the FX market’s prevailing trend?
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/07/06/dailyfundamentals_07062011.html
- Forex: British Pound Rally At Risk, Euro Reversal On Tap Tuesday, July 5, 2011 @ 8:03AMStronger data out of the U.K. helped to prop up the British Pound on Tuesday, but the sterling is likely to face headwinds over the near-term as the Bank of England maintains a dovish outlook for monetary policy.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2011/07/05/Forex_British_Pound_Rally_At_Risk_Euro_Reversal_On_Tap.html
- EUR/USD: Trading the German Unemployment Report Wednesday, June 29, 2011 @ 4:18PMUnemployment in Germany is expected to fall another 17K in June after contracting 8K in the previous month, and the ongoing improvement in the labor
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/06/29/EURUSD_Trading_the_German_Unemployment_Report_.html
- FOREX-Dollar weighed by China comments; euro hits 1-mo high Tuesday, June 7, 2011 @ 1:55PM* Dollar pressured after China FX official comments * Dollar rebounds from record low vs Swiss franc * Euro hits one-month high vs dollar; ECB in focus (Updates prices, adds quotes) NEW YORK, June 7 (Reuters) ...
http://uk.finance.yahoo.com/news/FOREX-Dollar-weighed-China-targetukfocus-183658592.html?x=0
- FOREX-Dollar pressured by China comments; euro thrives Tuesday, June 7, 2011 @ 11:25AM* Dollar pressured after China FX official comments * Dollar rebounds from record low vs Swiss franc * Euro hits one-month high vs dollar; ECB in focus (Updates prices, adds quotes) NEW YORK, June 7 (Reuters) ...
http://uk.finance.yahoo.com/news/FOREX-Dollar-pressured-China-targetukfocus-1396707020.html?x=0
- FOREX-China warning, uncertain US outlook hit dollar Tuesday, June 7, 2011 @ 8:19AM* Dollar under pressure after China FX official comments * Dollar sinks to record low vs Swiss franc * Euro at one-month high vs dollar (Updates prices, adds comment, detail, changes byline) NEW YORK, ...
http://uk.finance.yahoo.com/news/FOREX-China-warning-uncertain-targetukfocus-2299047465.html?x=0
- Forex: Euro Rebound To Be Threatened By ECB, British Pound To Hold Range Ahead Of BoE Tuesday, June 7, 2011 @ 8:09AMThe Euro advanced to a fresh monthly high of 1.4680 on Tuesday, but the single-currency may struggle to maintain the rebound carried over from the previous month as the European Central Bank looks to carry its wait-and-see approach into the second-half of the year.
http://www.businessinsider.com/forex-euro-rebound-to-be-threatened-by-ecb-british-pound-to-hold-range-ahead-of-boe-2011-6
- Forex: Euro Correction To Gather Pace As ECB Delays Exit Strategy, All Eyes On U.S. Non-Farm Payrolls Thursday, May 5, 2011 @ 8:30AMThe Euro sold off during the press conference with European Central Bank President Jean-Claude Trichet, and the near-term correction in the single-currency may gather pace going into the end of the week as the central bank softens its hawkish outlook for monetary policy.
http://biz.yahoo.com/fxcm/110505/2048411093.html?.v=1
- FOREX: Dollar Maintains Congestion Between Positive Risk Trends and Disappointing Data Thursday, May 5, 2011 @ 12:46AMThrough the past week, the dollar has essentially gone nowhere – yet that is better than suffering the continued pain of a selloff that has already driven the pair the currency down for months.
http://biz.yahoo.com/fxcm/110505/1249093745.html?.v=1
- FOREX: Dollar Making Slow Progress on a Recovery as Capital Markets Slip through Data Low Tuesday, May 3, 2011 @ 11:11PMWhere the dollar was struggling to curb its consistent losses and post that desperately needed bullish close Monday, the currency would post a more comfortable gain through this past trading session.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/05/04/dailyfundamentals_05042011.html
- Forex: British Pound At Risk For Further Losses, Euro Struggles To Hold Ground Despite Faster Inflation Tuesday, May 3, 2011 @ 7:41AMThe British Pound broke out of the narrow range carried over from the previous week as manufacturing in the U.K. slowed more than expected in April, and currency traders may show a bearish reaction to the Bank of England interest rate decision later this week as the central bank maintains a cautious outlook for the region.
http://biz.yahoo.com/fxcm/110503/1646750895.html?.v=1
- German Two-Year Yield Reaches Two-Week High After Inflation Data Tuesday, May 3, 2011 @ 7:18AMGerman two-year government note yields reached the highest in more than two weeks after a report showed European producer-price inflation unexpectedly accelerated to the fastest pace in 2 1/2 years in March.
http://www.businessweek.com/news/2011-05-03/german-two-year-yield-reaches-two-week-high-after-inflation-data.html
- FOREX: Dollar Finds a Lack of Support for the Early Shift in Rate Speculation from the FOMC Tuesday, April 5, 2011 @ 10:36PMThe Dollar finds a lack of support from early FOMC rate increase expectations; pound rallies, powered by usually overlooked data, and yen extends weakness on further BoJ stimulus expectations.
http://biz.yahoo.com/fxcm/110405/1537162340.html?.v=1
- FOREX: Dollar Forfeits a Recovery Opportunity on NFPs and the Fed’s Steady Policy Shift Friday, April 1, 2011 @ 10:12PMThrough the European trading session and into the early New York hours, it seemed as if the dollar was on pace to finally produce the meaningful bullish breakout that would feed into an overdue reversal. All the pieces were falling into place for the greenback itself.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/04/02/FOREX_Dollar_Forfeits_a_Recovery_Opportunity_on_NFPs_and_the_Feds_Steady_Policy_Shift.html
- FOREX: US Dollar Falls Despite Supportive Data – What is needed for USD Bounce? Wednesday, March 30, 2011 @ 7:18PMThe US Dollar fell against all major currencies except the similarly downtrodden Japanese Yen, sinking on impressive gains in the Dow Jones Industrial Average and broader ‘risk’.
http://biz.yahoo.com/fxcm/110330/1866230637.html?.v=1
- FOREX: Dollar Sees a Very Early Bounce on Stalled Risk Recovery, European Schadenfreude Wednesday, March 23, 2011 @ 12:12AMRisk appetite interest is still the most prominent fundamental driver for the US dollar. That said, the greenback’s performance mirrored that of the benchmark equity indexes through Tuesday’s trading sessions.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/03/23/FOREX_Dollar_Sees_a_Very_Early_Bounce_on_Stalled_Risk_Recovery_European_Schadenfreude.html
- FOREX: Dollar Won’t Rally Unless the S&P 500 Finally Collapses…With Conviction Saturday, March 12, 2011 @ 12:12AMIt seemed as if the dollar was finally on track to put in a long-awaited recovery heading into the final trading day of this past week. And yet, the remarkable bullish drive the currency was able to secure in the Asian session was completely retraced by the time the New York markets closed.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/03/12/FOREX_Dollar_Wont_Rally_Unless_the_SP_500_Finally_CollapsesWith_Conviction.html
- Forex: Dollar Puts in an Unconvincing Bullish Close as Risk Trends Once again Waver Monday, March 7, 2011 @ 10:43PMThe US dollar – on a trade-weighted basis – put in for its first bullish close Monday in four active trading days. Yet, this was far from a convincing advance for the reserve currency as it dipped to a four-month low before clawing its way back for a positive close; and at the end of the day, the pained trend of the past three weeks is still firmly in place.
http://biz.yahoo.com/fxcm/110307/1855541715.html?.v=1
- US Dollar: More Potential in Risk Trends and Rates than You May Expect Friday, March 4, 2011 @ 10:27PMNothing seems to be going the dollar’s way. The deficit continues to balloon, evidence of a robust economic recovery is taking too long to materialize, the global interest rate outlook is quickly outpacing the Fed and risk appetite trends remain stubbornly buoyant.
http://www.dailyfx.com/forex/fundamental/forecast/weekly/usd/2011/03/05/US_Dollar_More_Potential_in_Risk_Trends_and_Rates_than_You_May_Expect.html
- Forex: Dollar - Will we See the Same Level of Market Reaction to the NFPs as we Did the ECB Decision? Friday, March 4, 2011 @ 12:33AMThe economic docket for the final trading session of the week is fitting. There is really only one significant round of scheduled event risk and that is the US labor data. Even if there were other indicators to fill the calendar out a little; the market would almost certainly have ignored the extraneous fodder to focus exclusively on the media-favorite non-farm payrolls.
http://biz.yahoo.com/fxcm/110304/2140119191.html?.v=1
- Forex: Dollar Levels Off but has Yet to Recover as S&P 500 Volatility Threatens a Larger Reversal Wednesday, March 2, 2011 @ 1:12AMThe dollar climbed through Tuesday’s session; but momentum was restrained to the point where doubt still clouds the currency’s outlook going forward. At the very edge of its range against the euro and British pound, a staunch fundamental wind was needed to push bearish convictions to the next level.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/03/02/Forex_Dollar_Levels_Off_but_has_Yet_to_Recover_as_SP_500_Volatility_Threatens_a_Larger_Reversal.html
- Forex: Dollar Drops to start the Week as Spending Data, Fed Commentary Disappoint Tuesday, March 1, 2011 @ 1:03AMThough the data that crossed the wires Monday played to the lesser of the three underlying fundamental trends, the disappointment was nonetheless evident.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/03/01/Forex_Dollar_Drops_to_start_the_Week_as_Spending_Data_Fed_Commentary_Disappoint.html
- Forex: Dollar Drops to start the Week as Spending Data, Fed Commentary Disappoint Tuesday, March 1, 2011 @ 12:47AMThough the data that crossed the wires Monday played to the lesser of the three underlying fundamental trends, the disappointment was nonetheless evident. There are periods when disappointing data is overlooked and improvements are leveraged for impact; but we seem to be looking at the exact opposite scenario to start this week.
http://biz.yahoo.com/fxcm/110301/745547387.html?.v=1
- Forex: Dollar - The Chance of a Change in Tone from the FOMC Minutes is Low but Risk High Tuesday, February 15, 2011 @ 11:38PMOnce again, the dollar’s path and pace were determined by outside fundamental forces.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/02/16/Dollar_the_Chance_of_a_Change_in_Tone_from_the_FOMC.html
- Forex: Dollar - The Chance of a Change in Tone from the FOMC Minutes is Low but Risk High Tuesday, February 15, 2011 @ 11:29PMOnce again, the dollar’s path and pace were determined by outside fundamental forces. It is easier to distinguish the benchmark currency’s attachment to underlying fundamental drivers when we reflect on the lack of price action following what was undeniably an important round of scheduled US economic event risk Tuesday.
http://biz.yahoo.com/fxcm/110216/702087081.html?.v=1
- Forex: Dollar Sees mixed performance as Bernanke Fails to Keep the Hawkish Momentum Going Thursday, February 10, 2011 @ 12:09AMThe dollar’s performance through Wednesday’s session probably seemed straightforward to the uninitiated trader. The Dollar Index dropped for a second day to further pull the currency back from two-week highs. Yet, we need to remember composition of this particular gauge.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/02/10/Forex_Dollar_Sees_mixed_performance_as_Bernanke.html
- Forex: Dollar Sees mixed performance as Bernanke Fails to Keep the Hawkish Momentum Going Wednesday, February 9, 2011 @ 11:54PMThe dollar’s performance through Wednesday’s session probably seemed straightforward to the uninitiated trader. The Dollar Index dropped for a second day to further pull the currency back from two-week highs.
http://biz.yahoo.com/fxcm/110210/1782925466.html?.v=1
- Forex: Euro Searches For Support, British Pound To Consolidate Ahead of BoE Rate Decision Monday, February 7, 2011 @ 7:38AMThe Euro slipped to a low of 1.3533 on Monday as the economic docket reinforced a weakened outlook for future growth, but a rebound in risk appetite could generate a small reversal in the exchange rate as equity futures foreshadow a higher open for the U.S. market.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2011/02/07/02-07-11.html
- Broad Based USD Reversal Prospects Improving; Aussie Slowing Down Monday, February 7, 2011 @ 12:21AMFriday’s very solid unemployment numbers out of the US have helped to fuel broad based USD bids and technical studies are showing a potential USD bottom...
http://biz.yahoo.com/fxcm/110207/1895936229.html?.v=1
- Forex: Euro Extends Decline As ECB Holds Cautious Tone, British Pound Pares Advance Thursday, February 3, 2011 @ 7:30AMThe Euro extended the overnight decline as the European Central Bank maintained a cautious outlook for the region, and the single-currency may continue to pare the advance from earlier this week as investors scale back speculation for a rate hike later this year.
http://biz.yahoo.com/fxcm/110203/957218007.html?.v=1
- Forex: Dollar Tumbles Across the Board as Risk Appetite Climbs on Strong Global Manufacturing Tuesday, February 1, 2011 @ 11:54PMWhat chance there was for a meaningful risk aversion move to offer relief from the market’s overleveraged position these past months was dashed Tuesday with a strong follow-up rally in sentiment.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/02/02/Forex_Dollar_Tumbles_Across_the_Board_as_Risk_Appetite_Climbs_on_Strong_Global_Manufacturing.html
- FOREX: Dollar Losing Its Footing without Follow Through on Friday’s S&P 500 Selloff Monday, January 31, 2011 @ 10:53PMThe dollar was presented with a tremendous opportunity through the end of last week. EURUSD signaled its readiness to reverse the pair’s substantial advance over the preceding three weeks with a sharp correction through Friday’s close.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/02/01/FOREX_Dollar_Losing_Its_Footing_without_Follow_Through_on_Fridays_SPX_500_Selloff.html
- FOREX: Dollar Victim to the Restraint of Risk Trends as Dow Bounce Offsets Response to Negative Data Thursday, January 27, 2011 @ 8:36PMNo matter how hard the dollar tries, its fundamental path is currently bound to underlying investor sentiment. This isn’t a unique relationship by any means. In fact, cross market correlation is near its highest level in over a year – a product of structural developments that include increased globalization and access to capital markets.
http://biz.yahoo.com/fxcm/110127/1884444594.html?.v=1
- Dollar Selling Easing as Heavy Event Risk Approaches, Euro’s Run Cools Monday, January 24, 2011 @ 10:23PMThere wasn’t much working in the dollar’s favor to start the week; and the selling momentum from last week would keep the benchmark currency under pressure. Yet, looking ahead, there is a round of heavy event risk on the docket.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/01/25/Dollar_Selling_Easing_as_Heavy_Event_Risk_Approaches.html
- FOREX: Dollar Slides against Fundamental, Speculative Benchmarks as Traders Await Resolution Tuesday, January 18, 2011 @ 10:23PMThough its losses through Tuesday were moderate when measured against most of its counterparts, a lull in activity for the benchmark dollar only amplified its poor performance in its key pairings.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/01/19/FOREX_Dollar_Slides_against_Fundamental_Speculative_Benchmarks_as_Traders_Await_Resolution.html
- Forex: Euro Pares Decline Ahead of EU Meeting, U.S. Dollar To Remain On Defense Monday, January 17, 2011 @ 7:43AMThe Euro pared the overnight decline ahead of the EU meeting in Brussels at 16:00 GMT, and the single-currency is likely to face increased volatility later today as European policy makers discuss expanding the scope of the EUR 750B bailout fund.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2011/01/17/01-17-11.html
- FOREX: What Should We Expect from NFPs and Is It Tradable? Thursday, January 6, 2011 @ 11:13PMDollar: What Should We Expect from NFPs and Is It Tradable? Even under normal circumstances, the US nonfarm payrolls (NFP) report is the most consistent market-moving economic indicator. Yet, we seem to be diverting sharply from ordinary with the upcoming release of the December statistics.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/01/07/FOREX_What_Should_We_Expect_from_NFPs_and_Is_It_Tradable.html
- EUR/USD Presents Scalping Target Ahead of Non-Farm Payrolls Thursday, January 6, 2011 @ 9:13AMThe Euro extended its losses against the dollar as market fears over the sovereign debt crisis have returned as signs of slower growth have increased the chances that governments will struggle to pay down their debt.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/scalping_report/2011/01/06/EURUSD_Presents_Scalping_Target_Ahead_of_Non-Farm_Payrolls.html
- Greenback Finding Solid Bids on Stronger US Data As Correlations Break Thursday, January 6, 2011 @ 12:28AMMarket participants are growing increasingly confident with the prospects for a legitimate recovery in the US economy, as economic data continues to show signs of impressive improvement.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/opening_comment/2011/01/06/Greenback_Finding_Solid_Bids.html
- Greenback Finding Solid Bids on Stronger US Data As Correlations Break Thursday, January 6, 2011 @ 12:19AMFor a good period of time the US Dollar was sold on stronger US data as market participants fled into overseas higher yielding assets. But this is changing...
http://biz.yahoo.com/fxcm/110106/236240514.html?.v=1
- FOREX: Dollar Extends its Biggest Rally in a Month with the Help of Strong Data and Confused Risk Trends Wednesday, January 5, 2011 @ 9:32PMWe can’t deny the dollar’s recent strength. Taking score, the greenback posted its biggest rally in three weeks against the euro, three-and-a-half months against the Japanese yen and 21 months against the Swiss franc.
http://biz.yahoo.com/fxcm/110105/2135784906.html?.v=1
- Euro Holding True to Form; Latest Topside Failure Anticipated Wednesday, January 5, 2011 @ 5:44AMWe were not at all surprised to see the sell-off in the Euro on Tuesday, following an early surge above 1.3400. Technically, we have been talking of the expected formation of a medium-term lower top by 1.3500, with any rallies above 1.3400 to be very well capped.
http://www.dailyfx.com/forex/technical/article/morning_slices/2011/01/05/Euro_Holding_True_to_Form_Latest_Topside_Failure_Anticipated.html
- Euro Holding True to Form; Latest Topside Failure Anticipated Wednesday, January 5, 2011 @ 5:30AMThe market has once again rejected the notion of taking the Euro beyond 1.3500, with the key level continuing to cap gains and reinforce bearish bias...
http://biz.yahoo.com/fxcm/110105/174834526.html?.v=1
- USD Graphic Rewind: Dollar Index Climbs on Hopes for US Economy Wednesday, January 5, 2011 @ 12:28AMThe dollar index succumbed to some early selling pressure in European trade and threatened to reverse Monday’s gains and resume its recent downtrend.
http://www.dailyfx.com/forex/fundamental/article/usd_graphic_rewind/2011/01/05/USD_Graphic_Rewind.html
- USD Graphic Rewind: Dollar Index Climbs on Hopes for US Economy Wednesday, January 5, 2011 @ 12:22AMThe dollar index managed to shake off early losses to close solidly higher on the day….
http://biz.yahoo.com/fxcm/110105/1256604896.html?.v=1
- USD/JPY’s Quiets Ahead of FOMC Minutes Providing Scalping Opportunity Tuesday, January 4, 2011 @ 9:58AMThe USD/JPY has been tracking higher on an improved outlook for the U.S. economy which was further supported by an unexpected 0.7% increase in November factory orders. However, we have seen conviction wane with the FOMC minutes ahead and Non-farm payroll numbers due out at the end of the week.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/scalping_report/2011/01/04/USDJPYs_Quiets_Ahead_of_FOMC_Minutes_Providing_Scalping_Opportunity.html
- USD/JPY’s Quiets Ahead of FOMC Minutes Providing Scalping Opportunity Tuesday, January 4, 2011 @ 9:51AMThe USD/JPY has been tracking higher on an improved outlook for the U.S. economy which was further supported by an unexpected 0.7% increase in November factory orders.
http://biz.yahoo.com/fxcm/110104/243896752.html?.v=1
- Forex: Dollar Recovery Hits a Road Block as Data Prints Strong and Risk Appetite Rallies Monday, January 3, 2011 @ 11:28PMThough it was not a dramatic change from the circumstances we were experiencing through the end of last week, the US dollar showed an exceptional level of volatility through the opening 24 hours of the trading week.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/01/04/Forex_Dollar_Recovery_Hits_a_Road_Block_as_Data_Prints_Strong_and_Risk_Appetite_Rallies.html
- British Pound May Find Bid on Rising Yield Expectations Monday, December 20, 2010 @ 1:43PMThe GBP/USD is lower on the day following a flight to safety as downgrades of Irish lenders by Moody’s reignited concerns that the region’s troubles could impact broader markets.
http://www.dailyfx.com/forex/fundamental/article/drivers_of_price_action/2010/12/20/British_Pound_May_Find_Bid_on_Rising_Yield_Expectations_.html
- FOREX: Dollar Wavers on Tax Cut Extension, In Need of a Clear Risk or Euro Trend Wednesday, December 8, 2010 @ 11:28PMMomentum would carry the dollar only so far through Wednesday’s session. The unusually robust buying interest though the early Asian session hours yesterday were good enough to keep the currency on the rise through the early European hours.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2010/12/09/FOREX_Dollar_Wavers_on_Tax_Cut_Extension_In_Need_of_a_Clear_Risk_or_Euro_Trend.html