Search results for strategist@dailyfx.com (Terri Belkas

On Wednesday we said that due to the inverse correlation between the Japanese yen and the DJIA, the low-yielding Japanese yen could surge even higher if... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
US dollar, Japanese yen plunge as volatility surges, but forex markets are likely to remain choppy on Friday's Euro-zone Q3 GDP and US Retail Sales... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
While the Japanese yen is the weakest major of them all today, the US dollar has tumbled quite a bit as the currency is down over 2 percent versus the... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Japanese yen outperformed, as usual, as risk aversion remained the dominant trend in the markets. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
After plunging at the start of the European trading session, EUR/USD did little but consolidate above support at 1.2682/90. While the pair may eventually... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The euro climbed to a fresh record high versus the British pound on Wednesday, helping to bring the EUR/USD pair up for a test of the November 5 and November... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Emerging market currencies like the South African rand, Turkish lira, and Mexican peso have started 2009 off on a weak note, following a year of massive... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar has pulled back slightly amidst increased risk appetite on news that the University of Michigan's consumer confidence index unexpectedly... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The source of economic news will be scattered around the globe this week as Japanese GDP, UK CPI, German investor sentiment, Canadian CPI, and US housing... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar continued its rally on Tuesday, but had trouble sustaining those gains as the ISM survey for the manufacturing sector unexpectedly slipped... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar plunged nearly 1 percent against the euro and also fell versus most of the majors on Friday – especially the commodity dollars – as prospects... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Following a European session rally, the euro fell throughout US trading amidst broad safe-haven flows to the greenback. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- Euro Pulls Back as Evidence Continues to Point Towards Further ECB Rate Cuts - Watch CPI on Friday - British Pound Surges 2% vs. Euro Amidst Mixed Comments... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Swiss franc was another one of the weakest majors, leading EUR/CHF to make a bullish break out of its recent falling channel formation. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Trading in the British pound had more to do with US dollar price action, but the moves were notable nonetheless. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar held up well on Wednesday amidst signs of recession in other parts of the world, and ahead of an expected approval by the Senate of the Treasury's... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Commodity prices have fallen sharply over the past few months, but some are unhappy with the decline in crude oil and OPEC may attempt to stem the drop... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar fell sharply across the majors as US data was broadly disappointing, adding to the pile of evidence suggesting that the nation is in the... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
A holiday-free calendar and high event risk could lead volatility in the forex markets to pick up next week. The US dollar is likely to encounter disappointing... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- Euro Rally Loses Steam as Risk Appetite Dissipates During US Trading Session - British Pound Ends Day Slightly Higher as UK’s Darling Orders Northern... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
• British Pound Down as UK Unemployment Levels Climb to Highest Since 1995 • Euro, Swiss Franc Reach New Yearly Highs vs. the US Dollar Ahead of SNB Policy... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
After a wild week of Euro price action that included a 500+ pip decline to one-year lows near 1.3900, and a subsequent 300+ pip rally on Friday, shell-shocked... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar was mixed versus the majors on Wednesday amidst global central bank rate cuts early in the morning, including a 50 basis point reduction... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar has pulled back sharply versus most of the majors this morning, especially against the high-yielding Australian and New Zealand dollars,... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Risk aversion leads US dollar, Japanese yen higher. Why was the British pound so strong? How will the euro respond to the ECB's rate decision on Thursday... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar consolidated its recent losses on Tuesday, but announcements from the Federal Reserve, Bank of Japan, and Bank of England over the next 24... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
-US Dollar Down Sharply Ahead of FOMC Decision -British Pound Strong vs. US Dollar, May Target Resistance at 1.6500/25 -Euro Rockets Higher as ECB’s Weber... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
• Euro Ends Week Just Above 1.4700 as German Trade Surplus Narrows • British Pound Down Despite Improvement in UK Trade Deficit, Rise in Producer Prices •... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
We know that risk sentiment remains the primary driver of the Japanese yen because political turmoil has recently emerged and Japanese economic data has... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
After a wild week of trading, the US dollar ended the week lower as prospects of further intervention by the US government in the financial markets provided... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Despite aggressive intervention efforts by the US government on Monday, volatility remained relatively high as the CBOE’s VIX Index crept toward last Friday’s... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- Australian Dollar Under Pressure Ahead of RBA Rate Decision - Euro Bounces from Technical Support Versus US Dollar, British Pound - British Pound Pummeled... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The release of the minutes from the Federal Reserve's June meeting have left the markets on edge, as rallies in FX carry trades and equities have paused... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The sharp moves experienced in the Euro versus the US dollar have been the result of expectations that, in the near-term, the Federal Reserve will hike... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar has surged across the majors over the past week on hopes that the Treasury’s bailout bill will finally pass the House vote, and on signs... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
After seeing its biggest intraday decline in at least 37 years amidst recessionary UK GDP figures on October 24, the British pound has potential to rebound... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- Euro Outlook Hinges Upon Key European Central Bank Rate Decision on December 4 - British Pound Under Pressure as Markets Forecast 100bp Cut by the Bank... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
British Pound Outlook Hinges Upon the Bank of England’s Rate Decision The British pound has spent most of the past month or so falling toward support at... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The forex markets could be in for yet another day of high volatility, as Federal Reserve Chairman Ben Bernanke started his testimony at 10:00 ET before... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Indicators of growth and central bank decisions tend to have the biggest impact on FX trade, and next week shouldn’t be any different, especially when... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Forex traders will find significant event risk this week, as the Federal Reserve will announce their rate decision on Tuesday. Not to be ignored, inflation... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar ended the day on a stronger note as an end-of-day selloff in the US stock markets triggered yet another round of flight-to-safety. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
US non-farm payrolls (NFPs) are anticipated to fall negative for the tenth consecutive month on October, and the odds are looking in favor of a very disappointing... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
In a press release issued this morning, White House Press Secretary Dana Perino expressed disappointment that Congress did not pass final legislation on... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The euro and British pound have been big beneficiaries of the US dollar’s weakness, but for what it’s worth, the euro is ultimately stronger than the British... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The British pound was one of the weakest major currencies on Monday, losing 1.7 percent against the Japanese yen and 1.2 percent versus the greenback. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
From a technical perspective, it appears that commodity currencies like the Canadian dollar, Australian dollar, and New Zealand dollar may all be due to... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Dollar Weakness May Persist on Global Demand For Yield Euro: Back To The Fundamentals Japanese Yen Forecast Uncertain on Financial Market Indecision Empty... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar ended last week almost completely unchanged, as lingering risk aversion in the markets leaves safe-haven flows supportive of the greenback.... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar initially spiked higher amidst the 8:30 ET release of US retail sales and import prices, as we continue to see that risk trends are dominating... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- British Pound: Bank of England Rate Decision May Be Market-Mover of the Day - Euro: European Central Bank Unlikely to Cut Rates, but Watch Trichet’s... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Canadian dollar pulled back sharply on Ivey PMI figures, but the Australian dollar could see even more action overnight as the RBA will announce their... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The British pound was close to being the weakest of the majors on Thursday, second only to the US dollar, but this was only because of sudden spike lower... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Australian dollar and New Zealand dollar both tumbled on Tuesday amidst a return to risk aversion, as carry trades throughout the financial markets... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar started the day on a strong note amidst hopes that financial market stability was on its way. However, the greenback started to pull back... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The euro fell roughly 300 points during the European trading session to an intraday low of 1.2494 on Friday as data from the region was broadly disappointing. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
US Dollar Bound to See Weak ISM, NFP Results - What Impact Will They Have? Euro Balancing The Influence Of Bailouts And An Expected ECB Rate Cut Japanese... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
At the start of this past week, many were wondering if the Japanese yen had lost its safe-haven status, as the currency pulled back sharply despite broad... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The British pound was easily the weakest of the majors last week as the currency fell more than 3 percent against the euro, Swiss franc, and Canadian dollar.... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Japanese yen rocketed higher on Monday as traders unwound positions in risky assets, as the yen is one of the key components of the forex “carry trade.” forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
US dollar, Japanese yen gain on surge in volatility. On Friday, G7 meets in Washington, Canadian dollar faces event risk from proven market-mover: employment... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
US dollar, Japanese yen up on lingering risk aversion. Euro, British pound face heavy event risk from ECB, BOE rate decisions - expected to cut by 50bps... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- British Pound Hits Fresh Record Low Versus Euro, BOE Meeting Minutes May Make or Break Cable Next Week - Japanese Yen Reaches 13 Year High Versus Dollar,... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Swiss National Bank (SNB) Governing Council Member Thomas Jordan said during a speech this afternoon that the central bank has not ruled out further rate... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Check out our fundamental and technical outlook on emerging market currencies, including the Mexican peso (MXN), Turkish lira (TRY), South African rand... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
• US Dollar Gains on Fed-Induced Flight-to-Safety – Watch for Q1 GDP Revisions on Thursday • Euro Surges Against the Swiss Franc on SNB Intervention, But... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Japanese yen was the strongest of the majors on Monday, gaining 2 percent against the Australian dollar and New Zealand dollar, as risk aversion gripped... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The British pound ended the day slightly lower versus the US dollar, and is down almost 2.5 percent from last week’s close. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
While US stock market futures are still down ahead of the 9:30 EDT open, they pared some of their losses this morning on news that Mitsubishi UFJ - Japan's... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar’s moves on Friday constituted little more than a broad consolidation across the majors, and with the US economy at risk of recession, and... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
As if we needed further indication that risk trends remain the primary driver of the forex market, the release of US retail sales highlighted this point... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
US Dollar Consolidation Could Yield Breakouts as Liquidity Returns Euro Could Gain This Week, But Long-Term Outlook Remains Bearish Japanese Yen May Strengthen... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- Euro Ends Monday Mixed as Yield Differentials Drive Price Action - British Pound Nears Resistance at 1.50, Key Event Risk Looms on Wednesday - Canadian... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- Australian Dollar Consolidates Ahead of RBA Rate Decision - Potential for ‘Surprise’ Cut - Euro, British Pound Tumble Versus US Dollar, EUR/GBP Holding... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Monday’s surge in carry trades and the Japanese yen crosses subsequently saw a sharp reversal on Tuesday, as the increase in investor confidence following... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Swiss franc plunged against the US dollar and Japanese yen over the past week, but showed surprising resilience against other currencies like the Australian... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar faces major event risk in coming days, especially as the Federal Reserve is expected to cut rates interest rates. While most of the news... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The euro ended Monday consolidating above support at 1.26, but 1.25 - where there is intraday rising trendline support – provides a more significant level... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The euro tumbled as Euro-zone CPI estimates show that inflation has fallen below the ECB's 2.0% target, adding to speculation that the bank will cut rates... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Australian dollar is trading at a critical point, as AUD/USD is aggressively testing a trendline that has served as support since October 2008. With... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Forex traders found that most of the major currencies were restricted to ranges last week, but with a flurry of US growth indicators due to be released... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar has come under pressure recently as increasing risk appetite drove up demand for higher-yielding currencies and equities. However, the July... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Since the start of trading on Sunday, the US dollar has had a wild ride following the news that Bank of America would buy Merrill Lynch, Lehman Brothers... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Japanese yen eased back in the morning amidst quiet trading, but subsequently surged amidst a burst of volatility that sent the DJIA and S&P 500 plummeting... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The euro and British pound both edged lower on Wednesday, and while all the European economic data in the world argues in favor of weakness for the two... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The British pound climbed against the US dollar throughout last week, but the currency’s status versus the euro is a bit more indicative of the fundamental... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
New Zealand Consumer Price Index (4Q) - January 19 New Zealand's consumer price index is forecasted to have fallen 0.4 percent during the fourth quarter,... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The British pound and New Zealand dollar have both gained versus the US dollar and Japanese yen in recent days amidst a pickup in risk appetite, but with... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Canadian dollar gained against the US dollar and Japanese yen, but upcoming event risk could shake the commodity dollar up. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
We know that risk sentiment remains the primary driver of the Japanese yen because political turmoil has recently emerged and Japanese economic data has... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Canadian retail sales rose for the fifth consecutive month in July, led by furniture, building supply, and pharmacy sales. However, the gains were not... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Dollar Forecast Dependent on Testimony from Fed’s Bernanke Euro Traders Growing Critical Of Growth And Interest Rates Japanese Yen Locked to Global Risk... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Turkish lira, South African rand, and Mexican peso have taken a serious beating versus the US dollar over the past three months, as the lira has tumbled... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
Euro - US Dollar: Watch Resistance at 1.4125 British Pound Likely to Remain a Laggard Versus Euro, US Dollar on Bleak UK Economic, Interest Rate Outlook Japanese... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- British Pound Tumbles Ahead of Bank of England’s Quarterly Inflation Report - Euro Slides But Holds Within Defined Trading Ranges as EU Signals Coordinated... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The New Zealand dollar has been consolidating above support at 0.6600, and with the Reserve Bank of New Zealand rate decision on hand later today, the... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The USD/CAD rally has been relentless this morning as plunging commodity prices have weighed on currencies like the Canadian dollar, Australian dollar,... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The US dollar, which initially gained on safe-haven flows following the Fed's rate decision, has since pulled back sharply versus most of the majors, including... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Japanese yen was the strongest of the major currencies we follow on Monday, as concerns about the future of the global economy and financial markets... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The British pound managed to shrug off the Bank of England's rate cut this morning, while US data suggests that Friday's non-farm payrolls (NFPs) figures... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
- British Pound Ends Day Lower as BOE Cuts Rates to 0.50%, Pursues Quantitative Easing - Euro Down as ECB Cuts Rates to 1.5%, Leaves Door Open to Further... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury