September 27th, 2013

RPT-GRAPHIC-Euro zone stocks the top gainer in Q3, dollar flags

LONDON, Sept 27 (Reuters) – Euro zone stocks were the top investment in the third quarter, clocking up their best three-month gains since 2009 as investors bet on a cyclical upturn in the region. Reuters: US Dollar Report forex news

September 27th, 2013

Quick AUD/USD Sell Targeting .9300

The AUD/USD has reversed on a dime during today’s early European session, dropping from a high around .9400 to trade in the mid- to low-.9300s as of writing. While we were initially bullish on the pair in today’s Candlestick Daily report, the situation has clearly changed, and we now favor more weakness toward the .93000 […]

September 26th, 2013

FOREX-Dollar limited by investors fears on U.S. budget impasse

* Dollar slips as US govt shutdown concerns leave traders wary Reuters: US Dollar Report forex news

September 24th, 2013

CANADA FX DEBT-C$ weakens as Fed uncertainty keeps investors at bay

* C$ at C$ 1.0302 against U.S. dollar * Canadian retail sales rose 0.6 percent in July * Bond prices rise across the curve By Leah Schnurr TORONTO, Sept 24 (Reuters) – The Canadian dollar weakened on… Reuters: US Dollar Report forex news

September 24th, 2013

EUR/JPY: Has the Bull Trap Triggered?

The (so far) failed breakout to obvious new highs in EUR/JPY has left many traders on the wrong side of the market, anxiously looking for an exit from their losing buy trades from late last week. If the pair continues to trade below 1.3380, these traders are likely to bail on their trades, adding further […]

September 23rd, 2013

FOREX-Euro edges up on Merkel victory, PMIs

LONDON, Sept 23 (Reuters) – The euro rose on Monday after German Chancellor Angela Merkel won a third term in office and German, French and euro zone private sector surveys came in better than… Reuters: US Dollar Report forex news

September 22nd, 2013

GLOBAL ECONOMY-Grappling with the Fed and other uncertainties

LONDON, Sept 22 (Reuters) – A clutch of surveys this week is likely to show the global economy slowly picking up even as new and old uncertainties combine to test the optimism of businesses and… Reuters: US Dollar Report forex news

September 22nd, 2013

EMERGING MARKETS-Mexico peso, Brazil real slump after Fed rally

MEXICO CITY, Sept 20 (Reuters) – Mexico’s peso tumbled the most in nearly a month on Friday and Brazil’s real weakened after comments from a Federal Reserve official cut into optimism that U.S…. Reuters: US Dollar Report forex news

September 21st, 2013

Candlestick Daily: AUD/USD Nearing Buy Trade Entry

CURRENCY CURRENT BIAS POTENTIAL STRATEGY EUR/USD (Short Term) Still consolidating just below Monthly R2 Pivot resistance (1.3556) – near-term support down near 1.3500 GBP/USD (Short Term) Pulling back to key psychological support at 1.6000 – see full report for more details USD/JPY (Short Term) Showing signs of reversing after yesterday’s big rally, see full report […]

September 21st, 2013

Venezuela orders temporary takeover of toilet paper factory

CARACAS, Sept 20 (Reuters) – A Venezuelan state agency on Friday ordered the temporary takeover of a factory that produces toilet paper in what it called an effort to ensure consistent supplies after… Reuters: US Dollar Report forex news

September 20th, 2013

GLOBAL MARKETS-Shares edge lower after strong week

* World share indexes steady at five-year high, dollar inches off lows * Wall Street little changed but still on track for strong week * Euro near 7-1/2-month high vs dlr but traders cautious ahead… Reuters: US Dollar Report forex news

September 20th, 2013

Indian banks eye dollars to cover capital shortfall

* Local investors still resist debt with write-down option Reuters: US Dollar Report forex news

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