Dollar gains on haven flows

On October 31, 2009 By

The dollar and yen advanced strongly with stronger haven demand stoked by concerns over the sustainability of the rally in global assets

Continue Reading →

US Session: USD Rallies Back on Weaker Equities

On October 31, 2009 By

G10 Advancers and Decliners vs USD JPY 0.92 GBP -0.39 EUR -0.68 CHF -0.83 The lack of follow through in risk correlated trades has definitely raised some concerns over the sustainability of this risk rally. In particular, the better than expected Chicago PMI and U. of Michigan Confidence failed to translate USD weakness as the [...]

Continue Reading →

FX Closing Note: The risk trade whimpers here at the the close of the week and month – what next?

On October 31, 2009 By

Another day brings another radical direction change as the week and the month draw to a close ahead of next week’s event-risk packed calendar. Should the bulls be running scared?

Go to www.tradingfloor.com for Forex, equity and commodity markets.

Continue Reading →

FX Note: AUDUSD – a breakdown to 0.8500 in store?

On October 31, 2009 By

AUDUSD techs getting very interesting ahead of a very interesting week for US and Australia data and central bank meetings.

Go to www.tradingfloor.com for Forex, equity and commodity markets.

Continue Reading →