Forex Snapshot
Last week proved to be yet another difficult period for traders as we saw continued high volatility in the markets, often going directly against the fundamental analysis; making trading from trends a difficult task. Get the full recap here.
The U.S. Dollar closed last week lower by 0.63% after Philadelphia Fed survey which plummeted to -30.7 vs the expected 4.0. End of week Jackson Hole Symposium will determine Greenback's fate for 2011.
We remain bearish on the US Dollar and bullish on the Euro, and we've taken a look at all the major currencies for the week ahead. Take a quick look at USD, EUR, GBP, JPY and more here.
We remain bearish on the US Dollar and bullish on the Euro, and we've taken a look at all the major currencies for the week ahead. Take a quick look at USD, EUR, GBP, JPY and more here.
The USD finished sharply lower on Friday against its key counterparts on Bernanke congressional testimony & U.S. government credit rating fears. The Fed is weighing its next step, but the US debt problem is already affecting the global Forex market.
This week, we have a bearish bias on USD, a neutral stance on EUR, and views on all the major currencies. Check them out in this weekly snapshot.
Too busy to read a long-winded market summary? Try this Weekly Snapshot which is quick and directly to the point.
A look at the major currency pairs - where they were this past week and where they may be headed in the coming week.
A look at each of the major currencies and a glimpse of what can be expected in the Forex markets in the coming week.
This Forex weekly snapshot gives our take on the majors. Get insights on USD, EUR, AUD, GBP and more from our expert traders before making your next trade.
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