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Forex News Archive06-Mar-2010
By Martin de Sa'Pinto 'Forex: EUR/USD falls close to 1.3800, 1-week low (The Forex Market) Fxstreet.com (Barcelona) - The EUR/USD is continuing with its fast decline in the European session from 1.4000 in the Asian session to break 1.3930, falls below 1.3850 and reach 1.3800 as 1-week low. The pair is trading 1.10% below today's opening price, falling towards levels close to 1.3800. 'Forex Strategy Outlook: Systems Latch on to US Dollar Reversal (Daily FX via Yahoo! Finance) A strong reversal in the US Dollar has led several of our strategies to go long the US currency, and a continued dollar rally could allow for further gains in many of our favored forex trading signals. 'Dollar Seeing Strength Outside the Pull of Risk Appetite (Forex Video) (Daily FX) The markets continue to work off two months of built up risk appetite; but is that the dollar's only boon? - Are you a fundamental or technical trader? Get the outlook from both sides on DailyFX.. 'FOREX-Dollar takes breather from post-jobs data rally (Reuters via Yahoo! Philippines News) * Euro and sterling pull away from lows hit on Monday 'Short-Term Forex Technical Outlook: EUR/GBP (Daily FX) Political tensions in the U.K. weighed on the British pound during the previous week, and pushed the EUR/GBP higher to retrace the sell-off from the end of May, and the pair may continue to advance over the near-term as investors weigh the outlook for future policy. 'Forex Strategy Outlook: Systems Latch on to US Dollar Reversal (Daily FX) A strong reversal in the US Dollar has led several of our strategies to go long the US currency, and a continued dollar rally could allow for further gains in many of our favored forex trading signals . The nimble Momentum2 trading strategy latched on to clear shifts in forex sentiment and went short the British Pound and Euro against the US Dollar?clearly benefiting from Friday?s impressive ... 'CME Forex, Financial Est Futures Volumes - Jun 8 (The Forex Market) For today, in contracts.
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