My Posts
US Dollar, Japanese Yen Still Under Pressure
• US Dollar, Japanese Yen Still Under Pressure – Bernanke’s Jackson Hole Speech May Trigger Breakouts on Friday • British Pound Falls as Widening Budget Deficit Raises Risks for UK Credit Downgrade • Euro, Swiss Franc Still Testing Key Resistance vs. US Dollar US Dollar, Japanese Yen Still Under Pressure – Bernanke’s Jackson Hole Speech May Trigger Breakouts... [Read more]
US Dollar Plummets as US Assets Lose ‘Safe Haven’ Luster, Japanese Yen Mixed Ahead of BOJ Announcement
- Euro, British Pound Rally Continues Despite UK Outlook Downgrade by S&P - Canadian Dollar Could Break Recent Highs vs. US Dollar on Canadian Retail Sales Report US Dollar Plummets as US Assets Lose “Safe Haven” Luster, Japanese Yen Mixed Ahead of BOJ Announcement The combination of the plunge in the US dollar and Treasuries, vast drops in FX carry trades, the equity markets, and oil, along... [Read more]
US Dollar Plummets as FOMC Meeting Minutes Show Potential for Expanded QE, Downgraded Growth Forecasts
- Japanese Yen Gains as 15.2% Contraction in Q1 GDP Proves To Be Better Than Expected - Euro, British Pound Rocket Through Key Resistance Levels, BOE Minutes Reveal Few Surprises - Canadian Dollar Breaks to 7-Month Highs vs. the US Dollar Despite Drop in Canadian CPI to 14-Year Low US Dollar Plummets as FOMC Meeting Minutes Show Potential for Expanded QE, Downgraded Growth Forecasts The US dollar took... [Read more]
US Dollar Down as US Housing Starts, Building Permits Plunge to Record Lows
- Japanese Yen Down as FX Carry Trades Gain – Watch for Japanese GDP Overnight - Euro, British Pound Pause Below Key Resistance – GBP/USD Faces BOE Meeting Minutes on Wednesday - Canadian Dollar Gains Ahead of Upcoming Canadian CPI Report US Dollar Down as US Housing Starts, Building Permits Plunge to Record Lows The US dollar was the biggest loser on Tuesday as US housing data proved to be... [Read more]
US Dollar Slips Despite Increased Homebuilder Confidence, Mixed Comments by Treasury’s Geithner
- Euro Bounces Against Dollar, Yen, But Euro Crosses Remain Confined to Tight Ranges - British Pound Trading Below 1.5350 Ahead of Key UK CPI Report on Tuesday - Japanese Yen Down as FX Carry Trades Surge – Watch for Japanese GDP on Tuesday Night US Dollar Slips Despite Increased Homebuilder Confidence, Mixed Comments by Treasury’s Geithner The US dollar lost ground on Monday as increased risk... [Read more]
US Dollar, Japanese Yen Slip as US Continuing Jobless Claims Reach New Highs, Ahead of US CPI
- Swiss Franc Down After SNB Verbal Intervention – EUR/CHF Shows Potential for Break - Euro, British Pound Consolidate Below Weekly Highs – Outlook May Hinge Upon Euro-zone Q1 GDP Release US Dollar, Japanese Yen Slip as US Continuing Jobless Claims Reach New Highs, Ahead of US CPI The US dollar and Japanese yen lagged behind the rest of the majors as increased risk appetite led US equities... [Read more]
