Archive for ‘November, 2011’

Moment of Truth as Yen Crosses Reach Resistance

Moment of Truth as Yen Crosses Reach Resistance

Yen crosses have reached levels that served as support and resistance throughout the last 2 months. At least a near term reaction lower is expected

USD Posts Sharpest Decline of Month on Monster Dow Jones Rally

USD Posts Sharpest Decline of Month on Monster Dow Jones Rally

The Dow Jones FXCM Dollar Index was off by more than 1% in North American trade as global headlines and strong US data drove risk to new highs. Here are the levels to watch as the greenback looks to consolidate ahead of NFPs.

Forex: US Dollar consolidates losses after Beige Book

Forex: US Dollar consolidates losses after Beige Book

FXstreet.com (Córdoba) – The US Dollar is posting important losses across the board amid optimism in the markets after the announcement of liquidity measures by central banks. Markets

USD To Consolidate Ahead Of NFPs, Euro Continues To Find Resistance

USD To Consolidate Ahead Of NFPs, Euro Continues To Find Resistance

The greenback appears to be regaining its footing following the sharp selloff from earlier this morning, and we may see the reserve currency trade higher throughout the North American trade as it remains heavily oversold.

Dollar Slides as Risk Flies- AUD Posts Largest 3 Day Rally in 3 Years

Dollar Slides as Risk Flies- AUD Posts Largest 3 Day Rally in 3 Years

Increased efforts by global central banks to ensure free flowing liquidity sparked a massive global rally in risk with the dollar coming under substantial pressure as higher yielding assets surged. Here are the key levels to watch on the aussie and the yen.

Jamie’s Pick: 11/30/11

Jamie’s Pick: 11/30/11

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USDOLLAR Plunges into Former Resistance

USDOLLAR Plunges into Former Resistance

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Australian Dollar Soars into 52 Week Average

Australian Dollar Soars into 52 Week Average

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New Zealand Dollar Runs into Early November Lows at 7800

New Zealand Dollar Runs into Early November Lows at 7800

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Canadian Dollar Rate Nears Channel

Canadian Dollar Rate Nears Channel

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