Testing

Daily Forex Market Preview, 31/08/2016 The US dollar saw renewed buying momentum yesterday as the y

Testing
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Usman
Forex News

FXCM, Leucadia Amend Terms of Rescue Package

FXCM Inc. has won an extra year to pay back its rescue package from Leucadia National Corp., giving the foreign-exchange broker more time to pursue asset sales. Leucadia, the parent of Jefferies Group LLC, agreed in January 2015 to invest $300 million in FXCM following its troubles when the...
FXCM, Leucadia Amend Terms of Rescue Package
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Usman
Forex News

US dollar likely to take a breather ahead of further gains

Daily Forex Market Preview, 31/08/2016
The US dollar saw renewed buying momentum yesterday as the yen fell sharply, sending USDJPY higher on the day while EURUSD posted strong declines. Ahead of Friday’s payrolls report and tomorrow’s ISM manufacturing data, the US dollar index could remain tra...
US dollar likely to take a breather ahead of further gains
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Usman
Forex News

Intraday technicals point to a short-term correction

Orbex Daily Forex Market Preview, 30/08/2016
July’s PCE and consumer spending data came out mostly in line with estimates which managed to keep the dollar supported from Friday’s Jackson Hole rally. However, the technicals on the intraday charts point to a near term correction in prices, which co...
Intraday technicals point to a short-term correction
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Usman
Forex News

US dollar likely to ease back from Friday’s gains

Daily Forex Market Preview, 29/08/2016
The US dollar posted strong gains on Friday in what was mostly a volatile and a mixed reaction. By Friday’s close, the US dollar managed to close bullish, but that strong momentum is likely to fade in the near term. Today’s main event risk is the monthly PCE...
US dollar likely to ease back from Friday’s gains
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Usman
Forex News

US dollar looks bullish. Gold prices could test 1300 on Yellen’s speech

Daily Forex Market Preview, 26/08/2016
The technical outlook for the US dollar, hints to a near-term bullish strength, validated by the bearish outlook in gold, GBPUSD, and EURUSD. While USDJPY has been trading flat, we could expect the price to test 102 and 104 in the near term. Today’s...
US dollar looks bullish. Gold prices could test 1300 on Yellen’s speech
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Usman
Forex News

USDJPY's flat price action warns of a strong breakout in the making

Daily Forex Market Preview, 25/08/2016
USDJPY has been caught within the inside bar range for nearly 6 straight days and is indicative of a strong breakout in the making. With traders preparing for Friday’s speech by Janet Yellen, it could very well be the catalyst needed for USDJPY....
USDJPY's flat price action warns of a strong breakout in the making
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Usman
Forex News