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Euro May Fail to Benefit from EU Meeting- Pound to Rally
The rebound in the EURUSD may be short-lived as European policy makers preserve a reactionary approach in addressing the risks surrounding the euro-area.
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US Dollar Unwinds a Bit of Last Week’s Gains
EUROPEAN SESSION UPDATE: Yen finds temporary weakness on an Economy Minister warning; few economic releases….
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Dollar Posts Second 1.5% Weekly Rally in 17 Months, QE3 In Focus
The dollar’s performance these past two weeks has been extraordinary. And, unlike the risks that loom over the S&P 500 and yen crosses should sentiment sour; the greenback would only do better if the market’s fears are realized.
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Euro Eyes Fresh 2013 Low on ECB Policy- Pound Rebound on Tap
The EURUSD remains under pressure on Friday as the European Central Bank (ECB) continued to strike a dovish tone for monetary policy.
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Euro Finds Strength Despite Significant Decline in Construction Output
EUROPEAN SESSION UPDATE: BoE’s Weale seems to maintain an anti-dovish view in comments about inflation and growth; USD rally continues…
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EUR/USD- Trading the U. of Michigan Confidence Survey
The U.S. dollar may track higher over the next 24-hours of trading as the U. of Michigan survey is expected to show a rebound in household sentiment.
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Forex: Dollar Avoids Tumble but Market More Critical of Fed’s QE3 Talk
There was a bevy of Fed speakers this past session, but growing support of ‘tapering’ the central bank’s stimulus program (QE3) didn’t seem to generate much additional strength for the greenback.
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Euro Continues to Search for Support- Pound Carving Higher Low
The EURUSD pared the decline from earlier this week, but the Euro remains poised to face additional headwinds over the near-term amid the ongoing turmoil in the region.
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US Dollar Rally Unfazed by a Japan GDP Beat
EUROPEAN SESSION UPDATE: Japan economy expands by 0.9% in Q1, better than expected; Aussie falls to a new 11-month low…
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Euro Falters as 1Q GDP Disappoints, Pound Rebounds on BoE
The EURUSD extended the decline from earlier this as the fundamental developments coming out of the region dampen the appeal of the single currency.
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