ForexSQ , Currency Trading , Online Forex Trading , Foreign Exchange , Day Trading , Forex News , Forex Trader , Forex Tutorial , Learn Free Forex

Yen Falls Before U.S. Homes Data, After Bullard Comments

Posted by Forexsq 59 days ago (http://www.bloomberg.com)
img The yen fell against most of its major peers before data forecast to show U.S. sales of new homes rose last month, damping demand for haven assets.

The dollar gained for the first time in three days versus the yen after Federal Reserve Bank of St. Louis President James Bullard said monetary policy may be at a “turning point” as the world’s largest economy rebounds. China’s central bank set the

Euro Shock: Currencies Trading on Data

Posted by Forexsq 60 days ago (http://blogs.wsj.com)
img No, your eyes don’t deceive you. Something very strange is indeed happening in the currency markets Thursday: exchange rates are moving around based on economic fundamentals.

Shocking, we know.

A few weeks ago, the only things traders cared about was what European Union Economic Commissioner Olli Rehn was about to say, what percentage of creditors had signed up (voluntarily, you understand)

Risk Correlated Assets Showing Signs of Additional Weakness Ahead

Posted by Forexsq 59 days ago (http://www.dailyfx.com)
img We are in the final sessions of the week and currencies seem content to close out in consolidative fashion, deferring to a busier economic calendar on Monday. However, there is a hint of risk off sentiment in the air, and we could very well see an accelerated liquidation of risk correlated assets over the coming days. Softer PMI data out of China and Europe has certainly contributed to this risk

Dollar jumps against Aussie, but falls versus euro

Posted by Forexsq 60 days ago (http://www.marketwatch.com)
img Forexsq.com - The U.S. dollar rose sharply against the Australian and New Zealand dollars Thursday after surprisingly weak activity at Chinese factories in March, but fell versus the euro ahead of Europe’s own reports on manufacturing later in the day.

The ICE dollar index DXY -0.13% , which measures the greenback’s performance against a basket of six other currencies — the euro, Japanese yen,

Dollar Pares Decline Against Euro After China PMI Report

Posted by Forexsq 60 days ago (http://www.bloomberg.com)
img Forexsq.com - The euro rose as Asian stocks gained for the first time in three days before reports forecast to show German services and factory output expanded this month.

Australia’s currency slid to its weakest in two months after a private report signaled manufacturing may shrink in China for a fifth-straight month. New Zealand’s dollar sank to a one-week low after its economy grew less tha

Euro Gains After Greece Bailout Vote, Before German PMI

Posted by Forexsq 61 days ago (http://www.bloomberg.com)
img The euro rose to the highest in almost two weeks against the dollar after Greece won parliamentary approval for a new international bailout, boosting demand for the region’s assets.

The 17-nation currency advanced versus 12 of its 16 major counterparts before reports tomorrow that economists said will show German services and factory output expanded this month. The dollar weakened before Feder

Turning point in the currency war

Posted by Forexsq 61 days ago (http://www.reuters.com)
img A counteroffensive of sorts may be underway this year in what has seemed like a one-sided "global currency war" as developing economies slow, western money-printing pauses and the heat comes out of pumped-up emerging market currencies.

The three-year-old "war", as Brazil dubs the devaluationist policies of developed nations seeking relief from home-grown credit crunches, may well just come ful

FOREX-Dollar makes broad gains as growth currencies slip

Posted by Forexsq 62 days ago (http://www.reuters.com)
img The dollar gained against major currencies o n T uesday while growth-linked currencies slumped as concerns about China's growth sent investors scurrying to the safety of the greenback.

Global miner BHP Billiton said it saw signs growth in iron ore demand was flattening in China, Australia's single biggest export market, pushing the Australian dollar down more than 1 percent.

"Investors are

Dollar Rises on China Slowdown Concern, Asian Stock Loss

Posted by Forexsq 62 days ago (http://www.bloomberg.com)
img The dollar rose against most major peers after BHP Billiton Ltd. (BHP), the world’s largest mining company, said China’s steel production is slowing, damping demand for currencies linked to Asian growth.

Australia’s dollar weakened as Rio Tinto Group also signaled that China’s near-term growth is waning, raising concern that commodity prices will fall. New Zealand’s currency slid for the first

Dollar rebounds against major rivals in Asia trade

Posted by Forexsq 62 days ago (http://www.marketwatch.com)
img Forexsq.com - The dollar appreciated on Tuesday, clawing back some of its recent losses against major currencies, as a broad decline in Asian equities and U.S. stock futures prompted buying in safe-haven assets.

The ICE U.S. dollar index DXY +0.16% , a measure of the greenback’s performance against six major global rivals, climbed to 79.518 from 79.451 in North American trade late Monday.

Don’t Fall Into This Trap When Using Your Charts

Posted by Forexsq 62 days ago (http://www.dailyfx.com)
img Forexsq.com - Since no one has that magical crystal ball that is going to tell us how a currency pair is going to move going forward, all traders use charts to make their trading analyses. The value of charts is that they show us the history of how a pair has moved over time. This history, for example, can show us price levels that the pair had trouble moving up through (resistance) or down throu

Dollar flat, yen rebounds as risk appetite fades

Posted by Forexsq 63 days ago (http://www.marketwatch.com)
img The U.S. dollar slipped versus most rivals but lost ground to the Japanese yen as overall risk appetite faded amid a lack of major economic data.

The ICE dollar index DXY +0.05% , which measures the U.S. unit against a basket of major rivals, changed hands at 79.747, little changed from 79.776 in North American trade late Friday.

The dollar USDJPY +0.1020% bought 83.20 yen, down from ¥83.

Yen Reverses Losses on Speculation Declines Overdone

Posted by Forexsq 63 days ago (http://www.bloomberg.com)
img Forexsq.com - The yen reversed daily losses against the euro and dollar on speculation its recent declines were excessive and as Asian stocks pared gains.
The euro touched a 4 1/2-month high against the yen after German Chancellor Angela Merkel said European officials have discussed combining the euro-area’s bailout funds to reinforce the region’s financial firewall. Demand for the 17-nation eur

Yen Poised for Weekly Loss Against Most Major Peers

Posted by Forexsq 66 days ago (http://www.bloomberg.com)
img Forexsq.com - The yen headed for a weekly drop against most major peers as signs of growth in the U.S. and prospects for further stimulus by the Bank of Japan (8301) prompted investors to seek higher-yielding assets.

The greenback was poised for a five-day advance against the euro before U.S. data today forecast to show industrial production increased and consumer sentiment improved. The won r

Best Forex News

Posted by Forexsq 67 days ago (http://www.bestforexnews.net)
img The Best Forex News from Top Forex Trading News websites and blogs at http://www.bestforexnews.net/ , visit Latest and live Currency News from best foreign exchange resources here