Euro Holds Support on Intraday Reversal and NZDUSD Breaks Out

The EURUSD is getting all the attention this morning and it probably should given the ECB rate decision and press conference but the NZDUSD breakout deserves as much, if not more, attention.

Guest Commentary: Gold & Silver Daily Outlook 05.03.2012

Gold and silver decreased for the third consecutive business day. Today’s ECB rate decision might play a role in the forex and commodities markets.Additional items on today’s agenda: U.S

Risk Assets Hold Up Surpisingly Well As Government Intervention Still Props

Investors have ignored fundamental weakness for so long that they may as well be trading from the moon, perhaps on a trip funded by all the governments that have artificially propped markets…

EURUSD: Continuing to Hold Short

See the article here:
EURUSD: Continuing to Hold Short

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Cable Extends Declines Following Weak UK Service Sector Expansion

UK PMI Services comes in weaker than expected in April, signaling a slowdown in economic growth. Gains in new business were outweighed by growing margins.

Lower Eurozone Producer Prices Fail to Stimulate Euro Volatility

Commodities Drop on China Growth Fears, ECB and US Data Key Ahead

Commodities fell as Chinese PMI data warned of slowing demand.

Euro, Stocks-Linked Currencies Vulnerable as All Eyes Turn to ECB

The Euro and currencies geared to global growth trends appear vulnerable as traders look for the ECB to help offset a deepening recession in the Eurozone.

April Consumer Confidence Hits 14-month High, USD Pares Loss

Confidence among U.S.

1Q US Advanced GDP with Michael Boutros

Join Currency Strategist Michael Boutros for live coverage of the US GDP print and its impact on the greenback and future monetary policy.