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Archive for the 'Forex Forecasts' Category

U.S. Dollar Continues to Soften in Forex Trading

Greenback in currency trading The U.S.

Focus Shifts to U.S. Dollar as Jackson Hole Symposium Gets Underway

Forex trading forecast for the U.S.

U.S. Dollar Tanks in Forex Trading, Thanks to Economic Concerns

Greenback affected by worries about a double dip recession Economic concerns have sent the U.S.

U.S. Dollar Looks for Strength on Risk Aversion

Greenback in forex trading The U.S. dollar is strengthening in currency trading on the FX market, thanks to risk aversion related to the financial markets. The greenback is heading higher in forex trading right now

Aussie Looks to Regain 0.9000 in Currency Trading

Australian dollar forex trading forecast The Aussie is lower in currency trading on the FX market today, thanks in part to a knee jerk reaction to mixed labor market data from Down Under. However, there was a brief rally after the news, before the Aussie moved lower

U.K. Pound Tumbles in Currency Trading

Forex trading forecst for the sterling The U.K. pound has tumbled in currency trading against the U.S. dollar, thanks to the latest retail sales out of Britain

U.S. Dollar Could Find More Support in Currency Trading

Greenback in forex trading Earlier, the U.S. dollar dropped in currency trading on the FX market, but the forex trading forecast is looking a little better right now.

Weak Data Sends Kiwi Tumbling in Forex Trading

Down under currencies weaken on the FX market Weak data out of New Zealand is sending the kiwi tumbling in forex trading on the currency market. Labor data turned out to be much weaker than expected, and is undermining the strength of the New Zealand economy.

Sterling Could Head Lower in Currency Trading

Forex trading forecast: Is sterling overbought? For now, the sterling is higher in currency trading against the U.S.

Will Durable Goods Slow the Risk Rally in Forex Trading?

Currency trading on the FX market The risk rally got a good boost earlier today, with the sterling moving through the 1.56 level in currency trading. On top of that, the euro has gained in forex trading, reaching the 1.30 level. However, the forex trading forecast question right now is whether or not the risk rally will continue.