All Trade Ideas and trading scenarios found on FX360.com are hypothetical. FX360.com has not placed these Ideas in a live trading environment. Forex Trading involves high risks, with the potential for substantial losses that exceed your initial deposit and is not suitable for all persons. Past performance is not necessarily indicative of futures results.

COMMENTARY

• Italy New Hot Spot For Euro
  Written by Boris Schlossberg
  Last updated 11/7/2011 3:57:14 AM ET
  Italy is quickly becoming the new sore spot for the European credit crisis as the spread between Italian and German bonds blows out to euro era highs. The yield on 10 year Italian BTP bonds has increased above the key 6.50% level, last trading at 6.54% as markets now focus on the political turmoil in Italy.
  0 comments
• EUR/GBP Sell Opportunity at 0.8683
  Written by Bradley Gareiss
  Last updated 11/5/2011 2:43:20 PM ET
  A bearish Gartley pattern is forming on the EUR/GBP.
  5 comments
• Top 3 Risks for EUR Next Week
  Written by Kathy Lien
  Last updated 11/4/2011 4:34:20 PM ET
  It has been a very busy big week for the euro and unfortunately few of the region’s problems have been resolved. For this reason we could see additional volatility in the currency this week as continuing developments help investors get their hands around the risks in the Eurozone.
  0 comments
• USD: Boosted by Revisions to Payrolls, Still Waiting on G20 and Greek Vote
  Written by Kathy Lien
  Last updated 11/4/2011 9:03:55 AM ET
  When it comes to assessing the impact of the non-farm payrolls report on the U.S. dollar and risk appetite, the most important question to ask is how the number plays into the central bank's monetary policy decision. Earlier this week, the Fe
  0 comments
• EUR/USD Firms a Bit On G-20 Draft
  Written by Boris Schlossberg
  Last updated 11/4/2011 6:20:08 AM ET
  After a week of very volatile trade, the EUR/USD was exceedingly quiet in Asian and early European dealing today trading either side of the 1.3800 figure as markets awaited the US NFP results due at 12:30 GMT as well as the latest developments on the Greek no confidence vote scheduled for later in the day. The pair did rally towards the 1.3850 area when a draft of the G20 draft surfaced suggesting that the summit is now focusing on using the IMF as key funding source for troubled member nations.
  0 comments
• Greek Drama Calms But Italy May Be Next
  Written by Boris Schlossberg
  Last updated 11/4/2011 4:37:23 AM ET
  The latest developments in Greece indicate that Prime Minister Papandreou will step down from his post irrespective of the results of today’s no confidence vote. However, the two main parties in Greek Parliament are expected to ratify the EU bailout agreement struck in Brussels last week paving the way for EU and IMF to provide the sixth tranche of funds to Greece before it runs out of funds by the start of next month.
  0 comments
• EUR/CAD Short Opportunity at 1.4087
  Written by Bradley Gareiss
  Last updated 11/3/2011 6:43:26 PM ET
  A bearish Gartley pattern is forming on the EUR/CAD.
  0 comments
• FX: What To Expect For G20 And NFP
  Written by Kathy Lien
  Last updated 11/3/2011 4:00:45 PM ET
  News that Greece scrapped its plans for a referendum sent currencies and equities soaring. As a result, the U.S. dollar lost value as investors moved their money out of safe lower yielding currencies into higher yielding ones. The rally in the financial markets comes ahead of the monthly U.S. labor market report and the G20 statement, both of which could lend additional support to risk appetite.
  1 comment
• Draghi Put His Own Imprint on the ECB
  Written by Boris Schlossberg
  Last updated 11/3/2011 10:51:40 AM ET
  Mario Draghi took the helm of the ECB with his own distinct style today sending a clear message to the market that he is more concerned with growth rather than price stability in the region and will assume a more accomodative stance than his predecessor Jean Claude Trichet. The ECB surprised the markets by cutting its interest rate by 25bp to 1.25% as Mr. Draghi did not bother to stand on ceremony and wait until next month to make policy changes.
  0 comments
• US ISM Points to More Jobs, EUR Killed by Draghi’s Pessimism
  Written by Kathy Lien
  Last updated 11/3/2011 10:24:22 AM ET
  For the first time in more than 18 months, the European Central Bank cut interest rates by 25bp to 1.50 percent.
  0 comments
• CUT! ECB Suprises the Market. Draghi Next Up
  Written by Boris Schlossberg
  Last updated 11/3/2011 9:03:38 AM ET
  In a move that caught the capital markets by surprise, the ECB cut its benchmark rate by 25 bp to 1.25% from 1.5% the period prior. This was an auspicious debut for new ECB President Mario Draghi who refused to stand on ceremony by preparing the market for any possible policy move as he signaled that he will be a proactive rather than a reactive leader at the world’s second most important central bank.
  0 comments
• Chaos in Greece Causes Turnaround in EUR/USD
  Written by Boris Schlossberg
  Last updated 11/3/2011 5:49:44 AM ET
  Risk FX seesawed though Asian and early European session as Greece continued to dominate trade flow with news from Athens changing by the minute. Earlier in Asian session EUR/USD dropped towards the 1.3650 level on very harsh rebuke from EU leaders who told Mr. Papandreou that the country will not receive “one cent” of additional aid until the referendum issue was resolved. Mr. Papandreou’s insistence on the referendum vote pushed risk currencies lower on fears that uncertainty regarding the bailout deal could tip Greece into bankruptcy.
  0 comments
• Euro Slumps Further As EU Leaders Press Papandreou
  Written by Boris Schlossberg
  Last updated 11/3/2011 3:51:48 AM ET
  The EUR/USD slumped further in Asian trade today after European leaders expressed their displeasure at referendum vote proposed by Greek Prime Minister George Papandreou on the issue of the bailout deal. “The referendum will revolve around nothing less than the question: does Greece want to stay in the euro, yes or no?” German Chancellor Angela Merkel told reporters just before a Group of 20 summit set to begin today in Cannes, France. French President Nicolas Sarkozy was even more blunt stating that Prime Minister George Papandreou’s government won’t get a “single cent” of assistance if voters reject the plan. IMF head Christine Lagarde also weighed in on the matter stating "I welcome the Prime Minister's indication that the referendum which has been announced will take place as soon as possible so that the Euro Summit agreement can be implemented expeditiously."
  0 comments
• AUD/CAD Short Opportunity at 1.0613
  Written by Bradley Gareiss
  Last updated 11/2/2011 7:08:44 PM ET
  A bearish Gartley pattern is emerging on the AUD/CAD.
  2 comments
• USD: Main Fed Takeaway is Not Giving Up on QE
  Written by Kathy Lien
  Last updated 11/2/2011 4:07:42 PM ET
  Rather than increasing transparency, the Federal Reserve left investors more confused than ever following this afternoon’s monetary policy announcement.
  0 comments