THE DAILY FOREX MOMENTUM REPORT
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Boris Schlossberg
The rise in the euro may have been a case of too much too soon... (more)
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Yesterday’s left most FX traders to wonder if this is a true turn for EUR/USD or just a dead cat bounce... (more)
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The EUR/USD made a strong turnaround after Euro–Zone Industrial Production results... (more)
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The ZEW survey of economic sentiment rose to 39.4 from the prior period reading of 38.6 (more)
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The EUR/USD gave back most of Friday’s gains in early European trade as expectations of a possible rate hike from the ECB faded quickly. (more)
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European monetary authorities will be reluctant to make a policy change until they are convinced that EZ economy is strong enough to withstand it. (more)
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Inflation in Germany rose at the fastest pace in four years as surging oil prices have made their way through the supply chain. (more)
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Japanese Machinery Orders skyrocketed by 8.2% on a month over month basis versus expectations of only a 2.5% gain but USD/JPY barely budged... (more)
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Euro Firms as Schroeder-Merkel Reach a Pact... (more)
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The Sept. Employment Report shows Katrina wasn't nearly as destructive as feared... (more)
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Despite the dollar's impressive rally we believe that most of the down move in the EUR/USD is behind us... (more)
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The EUR/USD briefly touched the 1.1900 level but bounced back trading at 1.1930 by midday in Europe. (more)
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After multiple attempts last week, the EUR/USD finally broke the 1.2000 barrier (more)
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German unemployment data, disappointed the markets as German ILO Unemployment rate climbed to 9.3% (more)
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Switzerland has been the hidden growth story on the European continent... (more)
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Mr. Schroeder and Mrs. Merkel will convene coalition talks this Wednesday... (more)
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Rita wasn’t nearly as bad as feared and with oil markets staging a retreat, the greenback rally has begun (more)
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With Rita finally off the radar, market players will now stop playing amateur meteorologists and will likely refocus on the economic data. (more)
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The Bank of China announced that it was widening the yuan’s trading band against the euro, yen and the Hong Kong dollar. (more)
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It didn’t take long for the FX market to unwind the dollar long profits from yesterday’s FOMC rate hike... (more)
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