It will be bad day for CAD and better day for USD. Although US Q2 GDP was better than expected at -1.0%, the 2 major negatives were with Q2 GDP report were: 1) Q2 consumption headed back into the red ...

Sharp unwinding of JPY shorts drive down USDJPY towards our 94.80 target, CADJPY to 87.45s, but dollar weakness extending vs EUR, GBP, AUD and NZD due to sharp oil rebound. Oils sharp $3.00 bounce to ...

Technical oscillators supporting the bullish trend for the USD/JPY currency pairUSD/JPY-market strategy can be a buy from the level 93.63 Technical oscillators supporting the bullish trend for the...

Gold managed to hold above $940, prompting modest dollar selling but forex traders remain cautious ahead of fresh risk aversion and resulting dollar-strength (especially on rising short term yields ...

The Head & Shoulder formation in USDJPY developing since January remains intact with todays failure to break above 96.65 further validates the trend line resistance extending from the May 7th high...

S&P500 probes through its 200-day MA for the first time since May 2008, while the Dow yet to do so. EURUSD tests top of its rising channel (see latest article) at 1.4250 resistance and rising ...

With US equity indices showing smaller daily swings and consolidation becoming the name of the game, Forex markets seek less guidance from equities and more from the sell dollar theme, with major ...

Just noting that Mexico secured a $ 47 bln from the IMF in credit facility as as far back as April 1st as precaution in the event of further deterioration in global markets. This was the biggest ...