DJ Forex Focus

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Start Looking For Dollar Support To Return. By Nicholas Hastings
Start Looking For Dollar Support To Return. By Nicholas Hastings
Dollar bulls should be able to relax soon. That post-summer holiday rise in risk appetite appears to be over before it has really started.
10 September | 1 comment
 

Sterling's September Roll Coming To An End. By Nicholas Hastings
Sterling's September Roll Coming To An End. By Nicholas Hastings
Sterling may have spent most of September on a roll. However, the currency's gains aren't convincing and the pound is more likely to head down again.
9 September | 0 comments
 

Any Late Summer Euro Rally Is Likely To Fail. By Nicholas Hastings
Any Late Summer Euro Rally Is Likely To Fail. By Nicholas Hastings
The euro is ending the summer on a high note that could push it out of the top of the narrow trading range against the dollar that has prevailed since June. However, any gains are unlikely to last long.
8 September | 0 comments
 

Gold Rally Won't Help Commodity Currencies Now. By Nicholas Hastings
Gold Rally Won't Help Commodity Currencies Now. By Nicholas Hastings
Gold's rally towards $1000 an ounce doesn't bode well for commodity currencies as it once might have. In fact, the rally may well be a signal to sell the Australian, New Zealand and Canadian dollars as they hover around highs for the year against their U.S. counterpart.
7 September | 0 comments
 

Further Yen Gains Won't Be Easy. By Nicholas Hastings
Further Yen Gains Won't Be Easy. By Nicholas Hastings
The yen has made it back up to levels last seen nearly two months ago but further gains could prove a struggle. It's not only that investors may be a little nervous about just what the new Democratic Party of Japan administration will get up to but that yield spreads may soon start working more in favor of the dollar -helping to push the Japanese currency back down.
4 September | 0 comments
 

Crisis For Dollar Bulls Won't Last Long. By Nicholas Hastings
Crisis For Dollar Bulls Won't Last Long. By Nicholas Hastings
As U.S. Labor Day looms and post-summer trading gets underway in earnest, dollar bulls will face a crisis of confidence - but not for long. Assumptions that have kept the dollar supported for much of the summer are likely to end - casting doubt on where the U.S. currency will head from here.
3 September | 0 comments
 

Forex Focus: Strong Swiss Recovery Won't Help The Franc
Forex Focus: Strong Swiss Recovery Won't Help The Franc
The Swiss economy may be recovering faster than expected but the Swiss currency won't. In fact, the Swiss franc is more likely to fall than rise from here.
2 September | 0 comments
 

China Will End Aussie Rally. By Nicholas Hastings
China Will End Aussie Rally. By Nicholas Hastings
The Aussie will suffer from a China block. On the face of it, the Australian currency should be soaring.
1 September | 0 comments
 

China Slowdown Bodes Well For Safe Havens. By Nicholas Hastings
China Slowdown Bodes Well For Safe Havens. By Nicholas Hastings
China has slipped into the driving seat and the omens aren't good. For most of the summer, China has been more of a back seat driver, with financial markets driven largely by hopes of a global economic recovery.
31 August | 0 comments
 

Falling Yield Fears Hit The Pound. By Nicholas Hastings
Falling Yield Fears Hit The Pound. By Nicholas Hastings
Sterling is losing its friends fast. For most of this summer, the pound has remained well above $1.60 on the assumption that as the global economic recovery comes through, the Bank of England will be one of the first to hike rates. However, that assumption is changing fast.
27 August | 0 comments
 

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