Monthly Archives: August 2010

A Day Packed for US Trade Session, Will USD Still Strengthen with More Weak Data?

GBP-EUR 1.2141 GBP-USD 1.5408 GBP-AED 5.659 GBP-JPY 130.51 GBP-CAD 1.6355 GBP-CHF 1.5731 GBP-HUF 349.15 GBP-TRY 2.353 GBP-AUD 1.7328 GBP-ZAR 11.399 GBP-NZD 2.2017 GBP-PLN 4.865 GBP-HKD 11.982 GBP-THB 48.2 EUR-GBP 0.8232 EUR-USD 1.2684 EUR-AED 4.6591 EUR-TRY 1.9372 EUR-AUD 1.4267 USD-CAD 1.0614 … Continue reading

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US Economic Calendar is Busy this Week, Room For More Dollar Strength or Start of a Weakness Trend

Fundamental Outlook for US Dollar is Bullish. US Dollar starts the week strong as Dow Jones tumbles push it to highs vs Euro. Subsequent rebound in US S&P 500 weighs on the US Dollar. FX Options and Futures data support … Continue reading

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The Fate of Euro Lies with the US Dollar and Risk Appetite

Fundamental Forecast for Euro is Bearish. Timely manufacturing and service sector data undermines growth outlook. Ireland’s long-term sovereign rating is cut and yet yields still fall at its next debt auction. EURUSD attempts to retrace some of its losses; but … Continue reading

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