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Daily technical outlook

FX Street - 1 hour 5 min ago
Quote of the day:  Good judgment comes from experience and experience comes from bad judgment....

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We expect Hungarian inflation at 4.0% y/y in August

FX Street - 1 hour 10 min ago
Review At yesterday’s MPC meeting, the South African central bank (SARB) decided to cut its key...

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EUR/USD: (1.2668) Pair currently back below 1.2732

FX Street - 1 hour 19 min ago
Drop from 1.2920 puts the pair currently back below 1.2732 (see graph) and below the redrawn daily...

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Dollar Retrenches Itself Deep in its Month-Long Range

FX Street - 1 hour 28 min ago
Technically, the US dollar would put in for a positive close through Thursday’s active session....

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A strong export component in US July trade data

FX Street - 1 hour 28 min ago
Asian Market Update: Weak China exports and concerns over more tightening weigh on Shanghai and...

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Goolsbee to Lead Economic Council

WSJ Economy - 1 hour 30 min ago
Obama will name Austan Goolsbee, a long-time adviser and an architect of his campaign's economic message, to be chairman of the White House Council of Economic Advisers.

Forex - Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries

FX Street - 1 hour 45 min ago
Published at 02:38 (GMT) 10 Sep USD-NOK View little changed form last session with prices still...

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AUD/USD Likely to Rise to 0.94

FX Street - 1 hour 48 min ago
The dollar was higher against the European currencies on Thursday but lower versus the commodity...

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Forex: EUR/USD bounces from 1.2643 extends above 1.2680

FX Street - 1 hour 50 min ago
FXstreet.com (Córdoba) - EUR/USD dropped almost 50 pips today to reach a fresh low at 1.2643, last...

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Put spreader portends near-term erosion in Energy fund's shares

FX Street - 1 hour 57 min ago
XLE - Energy Select Sector SPDR ETF – A massive put spread purchased on the XLE, an exchange-traded...

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Choppy, Corrective Session

FX Street - 2 hours 1 min ago
Market Overview: The stock market indices had a very choppy session. They gapped up strongly at the...

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Yuan Heads for Biggest Weekly Gain Since June After U.S. Steps Up Pressure

Forex Factory - 2 hours 5 min ago
The yuan headed for its biggest weekly gain since June as the U.S. government stepped up pressure on China to allow its currency to strengthen. The People’s Bank of China set the reference rate at a record high before a government report showed the nation posted a third straight trade surplus of...

Forex Market Outlook on Majors

FX Street - 2 hours 21 min ago
INTRA-DAY GBP/USD : 1.5397 Last Update At 10 Sep 2010 02:17 GMT Cable has fallen in tandem with...

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US equities rose after consensus-beating US jobless claims

FX Fundamentals View - 2 hours 25 min ago
News and views US equities rose after consensus-beating US jobless claims and trade balance reports were released, but pared gains around midday NY, the S&P500 index currently up 0.5%. Commodities are moderately weaker, oil down 0.5% as US petroleum inventories were reported to have climbed to a post-1990 high (although oil stocks were lower), and copper 1.6% lower after China reportedly forced a liquidation by unauthorised local speculators. US 10yr treasury yields rose 10bp to 2.75%, and


US equities rose after consensus-beating US jobless claims

FX Street - 2 hours 25 min ago
News and views US equities rose after consensus-beating US jobless claims and trade balance reports...

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Risk Conditions Improving

CNBC - 2 hours 27 min ago
With moderating growth and inflationary pressures in China, Robert Minikin, senior FX strategist at Standard Chartered Bank, says this is reassuring and will support risk currencies like the Aussie dollar. He speaks to CNBC's Maithreyi Seetharaman & Chloe Cho.

Junk Bonds 'Best Bet' as Issuance Nears 2009 Record Level: Credit Markets

Forex Factory - 2 hours 28 min ago
Global high-yield bond sales are poised to exceed 2009’s record issuance as the riskiest companies take advantage of plunging borrowing costs and investor demand for greater returns to refinance debt. Ally Financial Inc., the lender previously known as GMAC Inc., and the lending arm of Ford Moto...

Corrective Period Ahead of Next Upleg for Walter Energy

FX Street - 2 hours 33 min ago
Crazy volatility aside, the overall pattern in Walter Energy (NYSE: WLT) argues that all of the...

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Daily Financial Market Outlook

Action Forex - 2 hours 35 min ago
Following yesterday's Bank of England policy announcement and ahead of the consumer prices report due out next week, the UK sees the publication of producer price data for the month of August. Oil and other commodity prices have slipped in recent months and we expect to see another monthly decline
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