Archive for June 21st, 2009

Forex Trading Weekly Forecast - 06.22.09

Sunday, June 21st, 2009

US Dollar Consolidation Continues - Watch for Breakouts This Week Euro: Are European Officials Over Zealous In Projecting a Recovery? Japanese Yen to Rise…

Euro: Are European Officials Over Zealous In Projecting a Recovery?

Sunday, June 21st, 2009

Are the signs of growth in the Euro Zone already so bright that the government can’t start removing is financial stimulus and the ECB start discussing…

Japanese Yen to Rise as Risky Assets Extend Losses

Sunday, June 21st, 2009

The Japanese Yen may continue to outperform in the week ahead as risky assets reverse lower, boosting demand for the safety-linked currency. Indeed, last…

Canadian Dollar Doesn’t Act Like an Economy Ahead of Recovery Curve

Sunday, June 21st, 2009

Fundamentally, it was a heavy period for the Canadian dollar last week. However, the data flow that was coming off the docket would ultimately be drowned…

Australian Dollar Vulnerable As Risk Appetite Abates

Sunday, June 21st, 2009

The Australian Dollar is set to face selling pressure as an uneventful economic calendar yields to a reversal in risk appetite across financial markets….

New Zealand Dollar Appreciation To Weigh on Economic Outlook

Sunday, June 21st, 2009

The New Zealand dollar lost ground against the greenback this week, but the 2009 rally continues to be well supported by the 20-Day moving average, and…

FX Technical Weekly

Sunday, June 21st, 2009

After strengthening early in the week, the US dollar sold off and left weekly candles sporting long wicks. Taken alone, the long wicks do not bode well…

Swiss Franc Weakness Likely on Credible SNB Intervention Threat

Sunday, June 21st, 2009

The Swiss Franc finished the week almost-squarely unchanged against the Euro and US Dollar, but key intra-week volatility arguably shifted market forecasts…

US Dollar Consolidation Continues - Watch for Breakouts This Week

Sunday, June 21st, 2009

The US dollar ended week up against most of the majors, with the exception of the British pound and Japanese yen, but for what it’s worth, the currency…

Japanese Yen Still Correlated to Risk Trends - Bearish Potential Remains for the JPY Crosses

Sunday, June 21st, 2009


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