Fundamental analysis reports from selected analysts around the world on forex market. Available in ActionForex.com http://www.actionforex.com Sat, 20 Mar 2010 12:25:33 +0100 FeedCreator 1.7.2 http://www.actionforex.com/images/M_images/aflogo.jpg http://www.actionforex.com Fundamental analysis reports from selected analysts around the world on forex market. Available in ActionForex.com http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/key-reversal-or-just-%22profit-taking%22?-20100319109294/ It was more than a bit disappointing for the risk bulls to see the week close on a sour note, though optimists might try to write it off as profit-taking or odd behavior and/or profit taking from the triple witching phenomenon. Regardless, it created a number of interesting setups in... Fri, 19 Mar 2010 15:52:46 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/usd-higher,-greek-debt-worries,-india-hikes-rates-20100319109287/ The USD traded higher Friday with the EUR pressured by uncertainty about whether the EU will agree to aid Greece. Monitoring the news out of Europe in regard to potential for Greece aid rivals the back and forth reports of whether or not the US Congress has the votes to... Fri, 19 Mar 2010 11:56:13 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/greece-doubts-and-india-rate-hike-boost-risk-aversion-20100319109286/ The Dollar surged in today's trading as there were mounting concerns about Greece's debt problems and an interest rate hike by India caused a sell-off of commodities. US equities were lower as well pressuring higher-yielders and commodity-linked currencies. The drop in US stocks and commodities is a symptom on increased... Fri, 19 Mar 2010 11:51:38 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/afternoon-forex-overview-20100319109282/ The dollar extended its rally Friday morning as U.S. stocks fell into the red and mounting concerns about Greece's debt problems hurt demand for riskier assets. The euro was hit further, dipping as far as USD1.3512, the lowest since March 2, as the Dow Jones Industrial Average changed direction and... Fri, 19 Mar 2010 10:48:13 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/us-market-update-20100319109281/ The euro continues to be weighed down in the early New York morning on lingering concerns about whether Greece would secure financial assistance from the EU. The USD also benefited from risk aversion flows following the inter-meeting rate hike by India's central bank (RBI). India was expected to possibly raise... Fri, 19 Mar 2010 10:45:44 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/currency-currents%3a-hodgepodge-20100319109275/ No wonder everyone is hiding in German bonds. This rush to a European safe haven has pushed yields on the 10-year German bunds lower; it has resulted in a significant widening of the spread in favor of US 10-year Treasury notes. In the charts on the next page we compare... Fri, 19 Mar 2010 09:30:00 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/discount-rate-discussions-keeping-floor-under-bonds-20100319109274/ Once again bond markets are having a hard time maintaining a rally after the Fed's earlier stand on its policy of maintaining low interest rates. Dealers continue to mull the potential for a second nudge higher in the Fed's discount rate, which is overhanging market sentiment. As much as investors... Fri, 19 Mar 2010 09:21:05 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/super%11cad-keeps-up-head-of-steam-on-inflation-data-20100319109273/ The Euro continued to slide overnight and into the early US hours, as the major low for the cycle at 1.3435 is rapidly approaching. GBPUSD failed to hold the 1.5240 area support and dropped a figure as well in the overnight action. The resilient commodity currencies remain the market's high-flyers,... Fri, 19 Mar 2010 08:49:26 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/canadian-retail-sales-in-january-jumped-up-in-the-month-following-a-gain-in-december-20100319109271/ Canadian retail sales in January rose a robust 0.7%, which was slightly stronger than the 0.6% rise expected going into the report. This small upward surprise occurred despite new car sales being much weaker than expected by dropping 2.3%. The offset was an unexpectedly large surge of 1.8% in ex-auto... Fri, 19 Mar 2010 08:34:23 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/canada%27s-annual-core-inflation-rate-in-february-rises-unexpectedly-20100319109270/ The February consumer price report rose a greater than expected 0.4% (UA) in the month. Expectations going into the report were for an increase of 0.3%. This did not prevent the year-over-year rate from dropping to just 1.6% from 1.9% in January. Expectations had been for a drop to 1.4%.... Fri, 19 Mar 2010 08:33:13 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/canadian-dollar-in-purgatory-20100319109262/ A jump in the core inflation rate in Canada has dealers left wondering how much longer the Bank of Canada will be able to maintain its conditional commitment to a near-zero interest rate policy. February data rose above the 2% target and leaves the central bank floundering against a January... Fri, 19 Mar 2010 07:59:33 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/usd-higher,-eur-weakens-on-greek-uncertainty-20100319109261/ The USD is trading higher on Greek uncertainty and in reaction to rumors that the Fed may hike the discount rate before the next policy meeting in April, German officials suggest that the IMF option is best for Greece, EU officials suggest that the EU member states are ready to... Fri, 19 Mar 2010 07:57:38 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/forex-heats-up%11-swiss-and-cad-rate-questions-20100319109258/ After a range-bound Asian session, the U.S. dollar started again to strengthen across the board during the last European session of the week. However, continuing the pattern laid over the last few sessions, the major pairs had mixed responses to the current episode of U.S. dollar strength. This de-couple between... Fri, 19 Mar 2010 07:21:39 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/london-session-recap-20100319109257/ Time is running out for Greece. On April 20th and May 19th two Greek government bonds amounting to EUR8.2 bln and EUR8.5 bln respectively will mature. It is estimated that the Greek debt office still needs to raise EUR10 bln to roll-over this debt. While this month's 10 yr bond... Fri, 19 Mar 2010 06:13:31 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/the-british-pound-rises-after-public-sector-net-borrowing-data-comes-out-20100319109254/ The British pound rose versus the greenback on Wednesday on an unexpected fall in UK jobless claims and after Bank of England minutes showed some policymakers concerned about inflation. The currency was boosted by data showing the biggest fall in the number of Britons claiming unemployment benefits in February since... Fri, 19 Mar 2010 05:46:14 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/snb%27s-board-member-danthine-comments-sink-eurchf-20100319109253/ In the FX markets, events in Europe has stolen the spotlight. Greek PM Papandreou stated that he needs an answer regarding potential aid strategies at the 25-26th EU leader summit. And in a not so subtle shift, Germany is now openly supporting Greece turning to the IMF, as it would... Fri, 19 Mar 2010 05:34:37 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/european-market-update-20100319109250/ European currencies continue to act defensively throughout the morning as fiscal concerns continue to linger. The overall concerns continue to stem whether Greece would secure financial assistance from the EU. The EUR/USD was back below the 1.36 handle after its failure to reclaim 1.38area. The European peripherals widened in the... Fri, 19 Mar 2010 05:19:37 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/euro-to-fight-an-uphill-battle-as-poltical-bickering-on-greece-rescue-plan-continues-20100319109235/ EUR/USD continues to cede ground as Germany and Greece play hardball on the support plan for Greece. Swiss franc jumps higher as SNB suggests that interventions have become less likely. Fri, 19 Mar 2010 03:33:21 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/morning-forex-overview-20100319109229/ The euro rose against the yen and dollar in Asia Friday as Japanese short-term investors who have recently bet heavily against the common currency bought it back to hedge against the slight chance it may rise into next week. Fri, 19 Mar 2010 03:06:34 +0100 http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/greece-threatens-to-go-to-the-imf-for-a-rescue!-20100319109228/ Yesterday's trading saw a number of economic reports hit the wires. Inflation data such as CPI failed to meet expectations by coming in at 0.0% for the month. The previous days PPI also failed to meet expectations suggesting inflation is not an immediate threat for the Feds monetary policy. Also... Fri, 19 Mar 2010 02:56:56 +0100