Posts Tagged ‘ Tomorrow ’

USD: How To Trade FOMC

The currency market has been extremely quiet ahead of tomorrow’s Federal Reserve monetary policy announcement with the greenback trading higher against all of the major currencies. Given the lack of participation in the markets today, the rebound in the dollar can be mostly attributed to the reduction of short dollar positions ahead of this [ READ MORE ]

Why USD/JPY Could Break 2009 Lows

The lack of U.S. economic data has made it an exceedingly quiet morning in the foreign exchange market. In fact, it should be a very quiet trading day in general as the markets tread water ahead of tomorrow’s Federal Reserve Monetary policy announcement. [ READ MORE ]

Euro Rebounds But All Eyes on ECB Tender Offer

Risk FX rallied off its lows in early European trade boosted by a slight rebound in equity prices, but currency markets remained cautious ahead of the 3 month ECB tender offer due later today. The ECB 1 year tender of 442 Billion euros is due to expire tomorrow and in its stead the central bank [ READ MORE ]

Will You Register for Automated Trading Championship 2010?

MetaQuotes, the company that develops the MetaTrader series of the trading platforms, announced that the registration for their Automated Trading Championship 2010 will start tomorrow, June 1, 2010. That’s one month earlier than usually and it will last until September 22nd and the contest will probably start on October… [ READ MORE ]

PBOC Begins to Tighten

In a first clear move to tighten monetary policy and a possible precursor to a rate hike, the PBOC has decided to sell three year bills tomorrow for the first time since June 2008, according to a report on Bloomberg. Bloomberg news noted that, “The People’s Bank of China asked the lenders to give indications [ READ MORE ]

Dollar: A Little History While Waiting On China

It has been a relatively quiet day in the foreign exchange market with no major U.S. economic data released outside of the weekly jobless claims report. Equities recovered earlier losses to end the day in positive territory while the U.S. dollar traded higher against the Japanese Yen and lower against most other major currencies. [ READ MORE ]

U.S. Dollar: How to Trade Fed Meeting

The U.S. dollar traded higher against every major currency ahead of the Federal Reserve’s monetary policy meeting. There are a few reasons why forex traders should be nervous today, but we believe that the rally in the U.S. dollar is a reflection of the market’s hope that the Fed will come through tomorrow by [ READ MORE ]

Will the FOMC be Hawkish Enough to Satisfy Dollar Bulls?

The U.S. labor market is improving, consumers are spending and the manufacturing sector is chugging along. With this backdrop, the Federal Reserve will decide tomorrow whether to recognize the improvements in the U.S. economy and signal additional plans to unwind emergency measures or to remain at status quo by keeping the FOMC statement virtually unchanged. [ READ MORE ]

Dollar: Retail Sales Could Trigger Breakouts

It has been an extremely quiet day in the foreign exchange market with currency pairs such as the EUR/USD and USD/JPY confined within a 50 pip trading range. This contraction in volatility has been occurring in the EUR/USD for the past few weeks and signals that a breakout is imminent – tomorrow’s U.S. retail [ READ MORE ]

What Could Threaten Stability In The Forex Market?

With no U.S. economic data on the calendar, it has been an extremely quiet day in the forex markets. Despite the lackluster move in U.S. equities and the fact that many of the major currency pairs ended the day unchanged, traders remain optimistic. We know that the mood in the financial markets is [ READ MORE ]

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