Latest News for Forex Outlook
Short-Term Forex Technical Outlook: NZD/USD (Daily FX via Yahoo! Finance)
The New Zealand dollar fell to a six-year low against the U.S. dollar over the last 24 hours of trading, and may continue to move lower over the remainder of the trading session as risk aversion continues to drive price action in the forex market.
Short-Term Forex Technical Outlook: USD/CAD (Daily FX via Yahoo! Finance)
Falling oil prices paired with increased demands for the U.S. dollar continues to favor a bullish outlook for the USDCAD, and we may see the pair work its way back to the October highs over the near-term.
Forex Trading Signals Update: Volatility Has Dropped, Look to Range Trading Strategies (Daily FX via Yahoo! Finance)
Our forex trading signals saw mixed performance through the past seven days of trading, as our Momentum-based strategies continued to outperform while Breakout and Range signals were comparatively disappointing.
Short-Term Forex Technical Outlook: GBP/USD (Daily FX via Yahoo! Finance)
The U.S. dollar remains the currency of choice as investors continue curb their appetite for risk, and a weakening interest rate outlook for the British pound favors a bearish outlook for the GBPUSD.
Short-Term Forex Technical Outlook: CAD/JPY (Daily FX via Yahoo! Finance)
After peaking to a high of 103.50 in September, the CADJPY plunged to a low of 70.98 on 10/27, and may retest last month?s low over the week as risk sentiment continues to drive price action in the currency market.
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