ATF Trading Room

Pressure Mounts on the USD as the Fed Decides to Keep Benchmark Rates Unchanged

Fed3

Pressure mounted on the USD today after the Fed decided to keep the benchmark rate in its current 1.50% to 1.75% target range and hinted that it might hold rates steady through 2020, provided that economic conditions do not deteriorate...

 

JPY Down as Trade talks with China Resume and Risk Appetite Makes a Comeback

Yen_Natsume_Soseki

Easing global political worries see safe haven sell off, including the US Dollar. Market sentiment has improved as US-China trade talks look set to resume next month. In addition, easing global political worries from Hong Kong, Italy and the UK helped boost risk appetite...

 

Forex News

USD Gets a Small Boost from a Blockbuster U.S. Non-Farm Payrolls Data

Jobs

A blockbuster U.S. Non-Farm Payrolls report gave a short-lived boost to the greenback, but most dollar bulls seem to be sitting on the sidelines in expectation of the upcoming FOMC monetary policy meeting on Wed., Dec. 11...

 

EUR Rally Stalls Following Disappointing Retail Sales and GDP Reports

EU flag

The EUR bulls have been in charge for the last few trading sessions, however, today's disappointing retail sales data, combined with a weak GDP report from the Euro-area, did little to offer further impetus to the recent euro rally...

 
 

Forex Outlook

GBP cools off its recent bull run as traders take profits

800px-London_stock_exchange_reclad_3

Sterling slipped from two-month highs as sobering news on the U.K consumer spurred many to take some chips off the table. Sterling pared some of its gains as the rocky week of U.K. politics suggested a fading likelihood of Britain exiting the EU without a deal...

 

GS FX Research: EUR and CAD Trade Ideas

709px-Euro_Construction.svg

Looking at the trading session ahead, Goldman Sachs strategists prefer not to chase EURUSD lower as it has already approached 1.1720 support, but would sell on rallies to 1.1810 or on a break below 1.1700, with EUR to be well supported near 1.1665...

 

Forex Research

Is Elliott waving goodbye to the U.S. dollar?

Currency Rates

Being a long-time observer of market dynamics one can`t help getting a sense of déjà vu when looking at the chart of US dollar index as it bears a very familiar Elliott Wave price structure to one seen not so long ago, which may surprise USD bulls...

 

The ‘Grand Old Party’ and the U.S. dollar

738px-Victor_Dubreuil_-_Barrels_on_Money,_c._1897_oil_on_canvas

A close examination of past administrations, major events on the world stage which have occurred since the end of the 1960s, and the US dollar trends, can provide a great insight of what the future might have in store for the greenback...

 

Bloomberg TV