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Gold Prices Regain Correlation with US Dollar Following Fed Actions
Gold prices have regained their correlation to the US Dollar, as recent Fed actions limit flight-to-quality demand for the Greenback. The US Federal Reserve…
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Forex News
Gold prices have regained their correlation to the US Dollar, as recent Fed actions limit flight-to-quality demand for the Greenback. ...
After the surge in volatility across the currency market over the past 36 hours, there are very few viable range ...
- Euro, British Pound Surge Against US Dollar, but Former Remains Stronger on UK?s Quantitative Easing - Canadian Dollar Could ...
<!--TITOL: AUD/USD: Aussie declined in Asian sessionFITITOL-->FXstreet.com (Jakarta) - The AUD/USD fell for a third day despite reports showing Australian ...
Traders and other market participants were looking for relief - or at least a sense of clarity - from the ...
Forex Analysis
USDJPY remains in uptrendUSDJPY remains in uptrend from 93.53. Further rally could be seen to 105.00 zone in a couple of weeks. Near term support is at 98.50, as long as this level holds, the uptrend from 93.53 will continue. Medium term support is at the rising trend line from 87.12 to 93.53 now at 96.15, below the [...]
Trading Ideas
U.S. Dollar: Consumer Confidence on Tap - Can the Greenback Hold Its Gains? The Conference Board’s consumer confidence index is anticipated to weaken significantly as fears of a global recession intensify. Economists expect the index to fall to 52.0 from 59.8 in September, indicating that consumers are becoming increasingly downbeat towards the economy as employment opportunities dissipate.
Trading the News: US Consumer Confidence
What’s Expected
Time of release: [...]
Forex News
Gold Prices Regain Correlation with US Dollar Following Fed ActionsGold prices have regained their correlation to the US Dollar, as recent Fed actions limit flight-to-quality demand for the Greenback. The US Federal Reserve…
Forex Education
Japanese Yen Rises to Highest Since 1995 Against US Dollar, More Volatility Ahead (Euro Open)The Japanese Yen roared higher in overnight trading as the US Senate failed pass a vote that would have led to a decision on a bailout plan for America’s top three automakers. Risk appetite rapidly evaporated, sending stock index futures lower and pushing USDJPY to levels unseen in 13 years. Continued volatility lies ahead as [...]
