USD/MXN probes daily cloud top/61.8% Fib support by 15.28 on dovish Fed
Jun 17, 2015 19:17 pm UTC| Technicals
USD/MXN edges lower after Fed holds rates, drops growth/rate forecast Probes daily cloud top/61.8% Fib support by 15.28, back above 15.30 15 GDP forecast cut to 1.8-2% from 2.3-2.7%, 16/17 FF target dropped by 25...
USD/JPY briefly up to 124.46, later sold on lower SEPs, Treasury yields
Jun 17, 2015 18:29 pm UTC| Technicals
USD/JPY briefly spike to 124.46 before plunge into 123.00s on weaker Fed SEPs Market still heavy with recent surge in short yen specs at IMM; downside risk Feds 15 GDP forecast 1.8%-2.0% v 2.3-2.7 last; Jobless rate...
EUR/USD spikes up after Fed lowered econ forecasts
Jun 17, 2015 18:21 pm UTC| Technicals
EUR/USD surges after Fed lowers 2015 GDP forecast up uneployment rate forecast Pair then sets new daily high at 1.1300, reversing earlier dips Choppy action may hold until Yellen speaks, market focus to be on her dot...
USD/COP edges higher, Peso mostly hanging in with region
Jun 17, 2015 16:58 pm UTC| Technicals
USD/COP higher but peso only slightly worse than rest of region Familiar 2524/2525 stopped recent USD/COP slide, old and new Fibs there Signs RM removed some selling pressure recently Bigger picture: dollar,...
AUD/USD slide deepens, hits session low on broad USD bid
Jun 17, 2015 16:28 pm UTC| Technicals
AUD/USD earlier bounce to 0.77 negated, pair sets new session low on broad USD bid Next support at June 10 low (0.7636), might see shorts t/p there pre-Fed Commodity slump and UST yield lift aid dive down to 0.7661 RSIs...
EUR/GBP met headwind pre-0.7175, Grexit risk weighs
Jun 17, 2015 16:20 pm UTC| Technicals
EUR/GBP met headwind pre-0.7175 after rallying off 0.7147 Grexit risk helping weigh on cross in addition to pipeline BoE hike hopes 0.7147 = 16-day low after big UK earnings beat 0.7146 = June 1 low. 0.7175 was Tuesdays...
USD surging broadly pre FOMC & London close, lifts USD/JPY
Jun 17, 2015 15:15 pm UTC| Technicals
USD/JPY 124.20+ stops (Jun 12 high) run, USD surging broadly pre FOMC London close EIA Crude Gasoline stocks not as bullish as forecast: oil drops aids USD lift 61.8% of 125.86-122.46 drop is at 124.56 Jun 10 high...