Initial reaction to the much stronger than expected Non-Farm Payroll report is like what’s discussed before, carry trade dominates. Even…
Category: Daily Forex Technical Reports
daily forex technical reports
Daily Report: Non-Farm Payroll to Trigger Market Volatility and Carry Trades
Markets’ attention are all turning to today’s Non-farm payroll report. After a solid number of 110k job growths shown in…
Mid-Day Report: Japanese Yen Rebounds Strongly as Stock Markets Tumble
Yen crosses stage a sharp reversal into US session following sharp fall in European and US stock markets. US stock…
Daily Report: EUR/USD Touches 1.45 as Dollar Weakness Continues
Dollar extended weakness further in spite of a couple of dollar bullish factors yesterday. Dollar fell to new record low…
Dollar Extends Weakness after Fed 25 bps Cut Despite Neutral Statement
Dollar extends weakness after FOMC announced 25 bps rate cut. Some volatility is triggered initially by the neutral nature of…
Mid-Day Report: Dollar Trying to Recover after Strong Data, ahead of FOMC
Dollar tries to recover from record lows in early US session after strong data from US. Q3 GDP grew strongly…
Daily Report: Huge Day for Dollar, Focus on FOMC and Q3 GDP
It’s a huge day for the greenback with FOMC rate decision and statement catching the highest attention of all markets….
Mid-Day Report: Dollar Falls again after Poor Data, Cable at 26 Year High
Dollar’s weakness returns after another round of poor data from US. S&P/Case-Schiller Composite-20, home prices in 20 U.S. metropolitan areas,…