Tag Archives: usdjpy

Euro Shorts Decrease, Canadian Dollar Longs Increase by 53% – COT Report

According to the latest Commitments of Traders report, last week the Net Euro short position declined from -102,306 contracts to -93,658 contracts. This reduction in the euro shorts coincides with the rally the Euro had versus the dollar in the previous week. From the date of the last COT report on September 4 to this week's last day for which data is collected, Tuesday September 11, the Euro...

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September 15, 2012 @ 12:42 pm

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EUR/USD Closes Down 24 Pips, Bernanke Speech Expected at Jackson Hole

The EUR/USD closed the day 24 pips lower then its open. The pair was trading higher for much of the day, but fell victim to a general risk off rally at noon New York time. In that 1 hour alone, the Euro lost 53 pips, reversing the small daily gain into a small loss. See the chart below. Other forex risk on pairs also fell, the AUD/USD lost 50 pips in a few hours and the Dow Jones lost 39...

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August 31, 2012 @ 4:39 am

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EUR/USD Closes Down 24 Pips, Bernanke Speech Expected at Jackson Hole

The EUR/USD closed the day 24 pips lower then its open. The pair was trading higher for much of the day, but fell victim to a general risk off rally at noon New York time. In that 1 hour alone, the Euro lost 53 pips, reversing the small daily gain into a small loss. See the chart below. Other forex risk on pairs also fell, the AUD/USD lost 50 pips in a few hours and the Dow Jones lost 39...

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August 31, 2012 @ 4:39 am

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Additional Monetary Accommodation Would Likely Be Warranted: Says FOMC

The FOMC minutes from its meeting on July 31/August 1 2012 were released few hours ago. Like we mentioned earlier this was the expected major market moving event today, many of the major pairs ranged in the anticipation of this news release. We'll get to the market reaction to the minutes later, lets go over some of the key points first. The most important line of the minutes is this one: "Many...

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August 22, 2012 @ 9:26 pm

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