Latest CFD Market Reports
US Dollar Bulls Await 9750 To Begin the Next Stampede
The dollar continued its descent towards Key Fibonacci support in North American trade with the Dow Jones FXCM Dollar Index off by nearly 1.3% on the week. Here’s what to watch as we head into the close of the month.
U.S. Consumer Sentiment Rises, as U. of Michigan Survey Jumps to 75.0
U.S. consumer sentiment in January climbed to its highest level since May, with the University of Michigan Confidence survey advancing to 75.0 in January, reflecting a boost in household sentiment.
Euro Struggles to Continue Rally; Yen Top Performer
In what appears to be shaping up as a day of consolidation, the Japanese Yen has outpaced the rest of the majors. This is the first move towards a new all-time low in USD/JPY.
Dollar Strengthens as U.S. Gross Domestic Product Grew 2.8% in 4th Quarter
U.S. economy accelerated at the fastest pace in more than a year and a half in the final three months of 2011, sending the U.S. dollar higher than other currencies.
Euro Propped Up On Hopes For Greek PSI Deal, USD Strength Ahead
Positive developments coming out of the euro-area encouraged risk-taking behavior on Friday, but the rise in market sentiment may be short-lived as the outlook for global growth deteriorates.
6 Month USDJPY Bearish Triangle Possibly Complete
The USDJPY has come to life and the patter over the last 6 months suggests that the next big move is lower (to record lows).
