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USD Graphic Rewind 09.08
While focus may have been (and still is) on the yen and the Swiss franc and their respective fresh lows the dollar did notch up some decent gains yesterday too. Flight to safety was the name of the game yesterday as fears surrounding the European banking system were resurgent weighing heavily on sentiment and ending the bright start to September. Gold also was on the move yesterday, reaffirming ... forex system 08 Sep 2010
Your Source for Daily FOREX Market News and Analysis
The Euro pared the advance from the previous week, with the exchange rate slipping to a low of 1.2736, and the major currencies could face increased volatility going into the North American trade as U.S. traders come back on-line following the holiday weekend. forex system 08 Sep 2010
World equities hammered overnight
Equities got hammered once again amid reports that the European banking system might not be as strong as investors had been led to believe in the wake of stress tests earlier this year.In late trading, the Dow Jones Industrial... forex system 08 Sep 2010
Your Source for Daily FOREX Market News and Analysis
We have seen yet another fresh multi-year low for USD/JPY below 83.50, and despite ongoing concerns from Japanese officials over the strength in the local currency, market participants are content on buying the Yen until proven otherwise. forex system 08 Sep 2010
AUD/USD Channel Provides Scalping Opportunity
The AUD/USD is finding support as risk appetite has returned as concerns over the European banking system has started to fade. An RBA rate hold has left price action at the mercy of broader trends but that could change tonight with the employment report scheduled for release at 01:30 GMT. forex system 08 Sep 2010
EUR/USD Performance Chart as at 7:30 p.m. Singapore time, 7/09/10
Forex Focus is brought to you by IG Market - Forex Trading Read more... forex system 08 Sep 2010
Forex Strategy Outlook: Breakout Strategies Favored on Indecisive Currency Price Action
A drop in forex market volatility expectations suggests that currency moves may slow in the week ahead, limiting optimism on volatility-friendly Breakout and Momentum strategies. Yet a continued slide in the safe-haven US Dollar shows few signs of slowing amidst a major improvement in financial market risk sentiment. forex system 08 Sep 2010