Action Insight | Written by ActionForex.com | Jul 24 07 09:37 GMT |
Forex Daily Technical Report Yen Continues to Rebound on Risk Aversion
The Japanese yen continues to extends its recent rebound on carry trade unwinding. Market’s are still focusing of subprime problem spillover which pushes investors away from riskier assets. Sterling also continues […]
Action Insight | Written by ActionForex.com | Jul 23 07 15:03 GMT |
Forex Mid-Day Technical Report Markets Stay in Tight Range
With an empty economic calendar in Europe and US, markets continue to stay in tight range. Though dollar remains weak as subprime mortgage still weighs. The more noticeable movements is indeed Swiss Franc’s […]
The story behind the Dollars decline contains two threads: narrowing interest rate differentials and growing concerns surrounding the US economy.With most of the industrialized worlds Central banks not scheduled to meet again for a few weeks, the interest rate story can temporarily be placed on hold in favor of the economic story, which is becoming […]
Action Insight | Written by ActionForex.com | Jul 23 07 06:17 GMT |
Forex Daily Technical Report Yen Mildly Firmer after Roller-Coaster Start
The Japanese yen is mildly firmer into European session after an extremely volatile start to the week. Yen was sold off in early Asian session, partly due to newspaper polls published on […]
Action Insight | Written by ActionForex.com | Jul 21 07 21:38 GMT |
Forex Weekly Review and Outlook Could Q2 GDP Save the Dollar?
Dollar weakened across the board after a busy week. Bernanke’s semi-annual testimony and FOMC minutes came and went without much impact. Indeed, the major dollar mover was still the concern of […]