Tag Archives: Gold
The dollar is a post-NFP “punching bag” – can it fight back?
EUR/USD: The post-NFP reaction may be somewhat strange with riskon/dollar off so notably on a lesser number. Be that as it may,the pair trades at levels not seen since late 2011 and bullishlyso.
Technician
EUR/CZK Momentum changed to neutral, it still is not pro-growth. This increases likelihood of consolidation below 25.80 level.
FX Daily
Market movers today * The main release is US existing home sales, which could give further evidence of the effect on housing from the rise in mortgage rates.
€uro remains firm & EUR/SEK seen breaking higher.
EUR/USD: So far the market is following the common path after a risingbenchmark candle such as the one printed Thursday withthe following day often moving up to
FX Daily
Market movers today * With no major data releases, focus will be on the flood of speeches from members of the major central banks.
FX Daily
Market movers today * We have a nervous day ahead of us with the ‘soft’ deadline for raising the debt ceiling set to be midnight in the US.
FX Daily
Market movers today * It now looks as if there will be a bi-partisan deal later today in the US Senate,
FX Daily
* The main market driver continues to be the US debt ceiling talks, which are likely to continue to create market volatility until a deal is struck.
Another congestion day. Weaker JPY.
EUR/USD: Last week became the second week in a row that the marketspiked above 1.3569 hence repeating the weekly up-thrusttop pattern.