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Dollar Posts Second 1.5% Weekly Rally in 17 Months, QE3 In Focus

The dollar’s performance these past two weeks has been extraordinary. And, unlike the risks that loom over the S&P 500 and yen crosses should sentiment sour; the greenback would only do better if the market’s fears are realized. Read More | View Original Article

EUR/USD Rebound Could Materialize as May PMIs Seek Lift

The Euro gained across the board this week, except against the strengthening US Dollar. Read More | View Original Article

Weekly Forex Trading Forecast: Will Risk Trends or QE3 Take the FX Reins?

Both the S&P 500 and US Dollar continue to soar to new heights - bucking traditional risk appetite currents. Will the yield chase maintain this unusual mix or will sentiment finally shock the markets back in line? Read More | View Original Article

Dollar Posts Biggest Surge in 18 Months on the Way to 3 Year Highs

The dollar has exploded higher. Since overtaking the 10,600-mark – the midpoint of the past decade’s range – the Dow Jones FXCM Dollar Index (ticker = USDollar) has posted its biggest two-week rally since November 2011. Read More | View Original Article

Japanese Yen Bounce Almost Guaranteed, but at ¥103 or ¥110?

A Japanese Yen bounce looks almost guaranteed on crystal-clear signs of a sentiment extreme. But timing is the only thing that matters in trading—does that happen at ¥103 or ¥110? Read More | View Original Article

Gold Plummets 6% Ahead of FOMC Minutes– Bearish Below $1405

Gold remained under substantial pressure this week with the precious metal down nearly 6.4% (its largest decline in four weeks) and further losses are expected as we head into next week. Read More | View Original Article

Sterling Outlook Hinges on BoE Minutes- Higher Low in the Making?

The British Pound failed to maintain the upward trend from earlier this year, with the GBPUSD slipping to a fresh monthly low of 1.5156, but the sterling may regain its footing in the week ahead should the Bank of England (BoE) Minutes further dampen speculation for more quantitative easing. Read More | View Original Article

The Dollar’s Surging, but Why Might it Rally Even Further?

The Dollar has surged to its highest since late 2010. There are some big “ifs”, but if things fall into place the USDOLLAR could rocket even higher. Read More | View Original Article

USD to Consolidate Ahead of FOMC Minutes- AUD Heavily Oversold

The Dow Jones-FXCM U.S. Dollar index advanced to a fresh yearly high of 10,816 as the developments coming out of the U.S. economy raised the outlook for growth. Read More | View Original Article

Euro Eyes Fresh 2013 Low on ECB Policy- Pound Rebound on Tap

The EURUSD remains under pressure on Friday as the European Central Bank (ECB) continued to strike a dovish tone for monetary policy. Read More | View Original Article

Euro Finds Strength Despite Significant Decline in Construction Output

EUROPEAN SESSION UPDATE: BoE’s Weale seems to maintain an anti-dovish view in comments about inflation and growth; USD rally continues… Read More | View Original Article

EUR/USD- Trading the U. of Michigan Confidence Survey

The U.S. dollar may track higher over the next 24-hours of trading as the U. of Michigan survey is expected to show a rebound in household sentiment. Read More | View Original Article

Forex: Dollar Avoids Tumble but Market More Critical of Fed’s QE3 Talk

There was a bevy of Fed speakers this past session, but growing support of ‘tapering’ the central bank’s stimulus program (QE3) didn’t seem to generate much additional strength for the greenback. Read More | View Original Article

U.S. Dollar Volatile But Higher After Weak Offshore Data, Fed Comments

The U.S. Dollar had a volatile but strong week, after weak offshore data saw the currency gain as well as comments by the San Francisco Regional President of the Federal Reserve. Read More | View Original Article

USDOLLAR to Search for Support- GBP Rebound to Accelerate

The Dow Jones-FXCM U.S. Dollar index is struggling to hold its ground as the developments coming out of the U.S. economy dampens the outlook for growth and inflation. Read More | View Original Article