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Archive for December 12th, 2009

EUR/USD Weekly Review 07 Dec 09 – 11 Dec 09

Simultaneous Release at www.thegeekknows.com Follow me on twitter Good day to all. Hope your weekend is fine so far. This week was an interesting week

USDJPY pulled back from 90.76 level

Being contained by resistance of the upper border of falling price channel on daily chart, USDJPY pulled back from 90.76 level.

Forex Weekly Trading Forecast – 12.14.09 (Daily FX)

US Dollar Making Progress on a True, Bullish Reversal Euro Struggles Against Dollar’s Strength, Looks to Heavy Data Japanese Yen Forecast Dims Ahead of Critical Event Risk British Pound Looks Forward to Week of Considerable Volatility Swiss Franc Outlook Remains Bearish as Exchange Rates Break Range Canadian Dollar to Underperform as Focus Turns to Yields Australian Dollar Holds Range Ahead of RBA Minutes, 3Q GDP Report New Zealand Dollar to Fall Against USD on Carry Trade Realignment

Forex Weekl Trading Forecast – 12.14.09 (Daily FX)

US Dollar Making Progress on a True, Bullish Reversal Euro Struggles Against Dollar’s Strength, Looks to Heavy Data Japanese Yen Forecast Dims Ahead of Critical Event Risk British Pound Looks Forward to Week of Considerable Volatility Swiss Franc Outlook Remains Bearish as Exchange Rates Break Range Canadian Dollar to Underperform as Focus Turns to Yields Australian Dollar Holds Range Ahead of RBA Minutes, 3Q GDP Report New Zealand Dollar to Fall Against USD on Carry Trade Realignment

New Zealand Dollar to Fall Against USD on Carry Trade Realignment (Daily FX)

New Zealand Dollar to Fall Against USD on Carry Trade Realignment Fundamental Forecast for New Zealand Dollar: Neutral – RBNZ Hints Rates May Rise Sooner Than Previously Forecast – New Zealand House Prices Rose Most in 18 Months in November, Says QV The New Zealand Dollar stands at the front lines as currency markets transition away from risk-dependent to fundamentally driven trading, with the high yielder likely to gain against most major currencies with the notable exception of the US Dollar.

Canadian Dollar to Underperform as Focus Turns to Yields (Daily FX)

Canadian Dollar to Underperform as Focus Turns to Yields Fundamental Forecast for Canadian Dollar: Bearish – Canadian Dollar Strengthens as Building Permits Surge – Currency Markets Unmoved by Bank of Canada’s Warnings – Trade Date, BoC Review Send Mixed Messages to Traders The Canadian Dollar is positioned to decline in the week ahead, lagging behind the rest of the commodity bloc as better-than-expected US economic data pushes traders to reconsider the global outlook for monetary policy.