Category: Daily Forex Reports

Overnight Asia/Europe •    Equities firmer overnight; underpin EURO•    China announces stimulus plan, USD falls•    Commodities higher also helping the Majors

Today’s US Dollar Trading •    US data shows more contraction, equities rally•    USD hit hard but drop may be temporary•    All eyes turn to election results

With the U.S. Presidential Election underway, the value of the USD has regained a modicum of strength. Also surprising the market was a larger than forecasted cut to Australian interest rates, sending the value of the AUD...

Become part of the Forexpros webinar club as they launch their first ever webinar on Monday 10th November at 3pm GMT. Hosted by Dr. Sivaraman from i-know indices, it will focus on current Forex market conditions. For...

Today’s US Dollar Trading   •    USD ends lower after starting weaker in Asia overnight •    Fed cuts rates as expected but only 50 BP •    Equities firm but two-way lending pressure to the majors.

The U.S. Federal Reserve is expected to cut Interest Rates by 0.50% later today, which may bring an end to the USD’s recent upward mobility. As the gap between American and European Interest Rates widens, the EUR...

Today’s US Dollar Trading •    USD falls back for the most part•    Volumes a bit better late•    Traders note a correction is likely

The JPY today is seeing extreme volatility in today’s trading. Potential Japanese government intervention in the Forex market may be influencing the sharp price movements. Traders are advised to can take advantage today of the vast market...

The USD may in fact lose its direction this week from the opposing forces affecting it. The EUR may see a reversal emerge from world data worse than its own, and the Japanese economic slowdown is cutting...

Today’s US Dollar Trading •    Traders note volumes and conditions at almost zero•    Stops drive a lot of the majors lower•    USD/JPY into the 97.00 area Overnight Preview •    Look for consolidation and a quiet night •    USD...