EURUSD Falls Sharply After ECB Cuts Funding to Some Greek Banks

With the Greek situation starting to unravel quickly, the market has become susceptible to quick moves in reaction to headlines. Shortly after 15:00 one of those moments occurred, with Reuters reporting that the European Central Bank has cut funding to Greek banks; the EURUSD slid back under 1.2700 briefly

U.S. Industrial Production Rises In April By Most Since December 2010

Industrial production in the U.S. rose more than expected in April and by the most since December 2010, boosted by gains in auto manufacturing and utility use.

Commodities Sold on Greece Woes, May Extend Losses on Fed Minutes

Commodity prices fell in Europe as Greece-linked risk aversion gripped markets. Minutes from the Fed’s April meeting may compound losses as QE3 bets fade.

EURUSD: Hold Short as Second Target Nears

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EURUSD: Hold Short as Second Target Nears

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Dollar down US1c as Greek poll looms

DOLLAR extends its fall below below parity with the US dollar as renewed worries about Greece weighs on the currency.

Dollar Sets Yearly High, S&P 500 Chart Setup Hints at Possible Bounce

Dollar Sets Yearly High, S&P 500 Chart Setup Hints at Possible Bounce

Dollar Wins its Highest Close Since January 2011, Buckle Up

Considering benchmark pairs like EURUSD and AUDUSD were already forging serious headway in their dollar-bullish trends, it was only a matter of time before the Dow Jones FXCM Dollar Index finally made the mark of real progress.

Trading the Euro – EURUSD

Most traders in the FX Market focus on only a few of the pairings available to them. In this series, we’re taking a closer look at these pairs, and how traders might be able to best approach them.

Australian Market Outlook – 05.16.2012

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Australian Market Outlook – 05.16.2012

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Dollar Sees Critical Break Alongside S&P 500, Now About Follow Through

Everything is lining up for a critical shift in the FX and capital markets. Following in the footsteps of AUDUSD and then EURUSD, we find the safe haven Dow Jones FXCM Dollar Index has marked its highest close since January 2011.