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The USD is trading higher Tuesday supported by a dip in risk appetite as the global equity market rally stalls in reaction to a statement from the IMF that the global economic recovery may be sluggish ,ECB President Trichet calls on US to confirm strong USD policy, GBP supported by…

The USD is trading higher Tuesday supported by a dip in risk appetite as the global equity market rally stalls in reaction to a statement from the IMF that the global economic recovery may be sluggish ,ECB President Trichet calls on US to confirm strong USD policy, GBP supported by…

This isn’t an entirely new idea – we’ve made the connection in Currency Currents before and have since seen it presented elsewhere. Yesterday the near-term VIX (volatility index) stormed higher and failed to make a legitimate test of support. As you may or may not be aware, the VIX generally…

This isn’t an entirely new idea – we’ve made the connection in Currency Currents before and have since seen it presented elsewhere. Yesterday the near-term VIX (volatility index) stormed higher and failed to make a legitimate test of support. As you may or may not be aware, the VIX generally…

The Federal Reserve Bank’s Chairman Ben S. Bernanke spoke yesterday in New York over the economic outlook for the world’s largest economy, whereas Bernanke signaled that the economy is still facing challenges ahead amid rising unemployment and tightened credit conditions, while Bernanke also signaled that inflation will probably remain subdued…

The Federal Reserve Bank’s Chairman Ben S. Bernanke spoke yesterday in New York over the economic outlook for the world’s largest economy, whereas Bernanke signaled that the economy is still facing challenges ahead amid rising unemployment and tightened credit conditions, while Bernanke also signaled that inflation will probably remain subdued…

Cable has fallen after rising towards 1.6873 during the day. Some more correction is likely to be contained near 1.6750. Else, 1.6650 Support may once again be tested. If seen, this would be a good level to go Long. If however, the Cable rises without falling below 1.6750, chances of…

Cable has fallen after rising towards 1.6873 during the day. Some more correction is likely to be contained near 1.6750. Else, 1.6650 Support may once again be tested. If seen, this would be a good level to go Long. If however, the Cable rises without falling below 1.6750, chances of…

The price action on the Eur/Usd chart below looks weak for the near-term trade, especially after Mr. Bernanke’s speech from on Monday that created volatility in the pair. After his speech the euro failed at the long test of the 1.5000 physiological level, which seems to be a bearish signal…

The price action on the Eur/Usd chart below looks weak for the near-term trade, especially after Mr. Bernanke’s speech from on Monday that created volatility in the pair. After his speech the euro failed at the long test of the 1.5000 physiological level, which seems to be a bearish signal…