| FOREX: Euro May Rise as Higher German IFO Print Trims Rate Cut Bets |
| The Euro has scope to recover as German IFO data shows business confidence hit a 7-month high in February, trimming near-term ECB rate cut bets.
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| Yen Price Action Confounds As Currency Remains Under Intense Pressure |
| While other markets defer to inter-day consolidation, the Yen is running its own course and we take a close look at the price action…
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| Dollar Climbs as Risk Eases, Slump in Correlations More Interesting |
| Although anti-Euro and anti-risk sentiment themes have not yet developed into heavy trends, they have afforded the US Dollar a meaningful advance.
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| EURUSD: Trading the German IFO Business Confidence Survey |
| Business confidence in Europe’s largest economy is expected to tick higher in February, and the development may spur a bullish reaction in the EURUSD as it raises the outlook for future growth. |
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| USD/CAD: Trading Canadas Retail Sales Report |
| Retail spending in Canada is expected to contract 0.1% in December and a drop in private consumption may spark a bearish reaction in the Canadian dollar as the data casts a weakened outlook for the region. |
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| Euro Setting Up For Major Decline, Sterling Poised For Correction |
| Renewed fears surrounding sovereign debt crisis dragged on risk-taking behavior and the flight to safety may gather pace during the North American trade as European policy makers struggle to restore investor confidence.
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| Gold at Risk as Dollar Recovers, Crude Oil Supported by Iran Tensions |
| Gold and silver prices may weaken as the US Dollar recovers. Iran-linked jitters continue to support crude oil. Copper is vulnerable amid risk aversion.
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| Yen Selling Continues, Euro May Rise on PMI, Pound Eyes BOE Minutes |
| The Japanese Yen continued to fall in Asia on rising US bond yields. The Euro may rebound on improving PMI data. The Pound is focused on BOE meeting minutes.
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| Greek Saga and Uncertianty Continue; Yen Emerges as Major Story |
| With all of the focus on the Eurozone in recent months, traders might be forgetting to look elsewhere where the Yen has begun to sell off aggressively…
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| GBPUSD_Trading_the_Bank_of_England_Minutes |
| The Bank of England Minutes presents the biggest event risk for the British Pound and the policy statement may prop up the sterling should the central bank talk down speculation for additional monetary support. |
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