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

• EUR: Prepare For Major Headline Risk
  Written by Kathy Lien
  Last updated 1/20/2012 5:09:36 PM ET
  As of the New York close, there was no word on the Greek PSI deal. Late night talks are apparently underway but given how long the negotiations have gone on for, we can only assume that Greece and her creditors are squabbling once again.
  0 comments
• FX: Waiting for Greece, US Home Sales Miss but Moving in Right Direction
  Written by Kathy Lien
  Last updated 1/20/2012 10:05:20 AM ET
  After a week of optimism, investors are finally starting to become nervous about the euro. In the minds of the market, today is the do or die day for the Greek PSI talks. Greek officials and European sources have promised
  1 comment
• Euro Runs Into Profit Taking Ahead of 1.3000
  Written by Boris Schlossberg
  Last updated 1/20/2012 5:14:57 AM ET
  The shorts got the upper hand in early European trade today after EUR/USD failed to take out the key 1.3000 barrier in Asian session dealing. The pair had rallied to a high of 1.2986 on the close of Asia but lackluster PMI data out of China and continuing uncertainty over the PSI talks in Athens prompted a spate of profit taking in morning European trade that took the pair back below the 1.2900 figure.
  2 comments
• Euro Inches Towards 1.300 in Asia as Squeeze Continues
  Written by Boris Schlossberg
  Last updated 1/20/2012 1:49:21 AM ET
  Trading was very subdued in Asian session trade as many traders took an early holiday ahead of the Chinese New Year next week with equities trading higher as Nikkei closed up 1.47% while the Hang Seng rose 0.51%. The HSBC Chinese Manufacturing PMI printed at 48.8 barely rising from last month’s reading of 48.7.
  0 comments
• GBP/CHF to Resume Uptrend at 1.4311?
  Written by Bradley Gareiss
  Last updated 1/19/2012 8:13:16 PM ET
  A bullish Gartley pattern is forming on the GBP/CHF.
  0 comments
• EUR: Closing In On 1.30
  Written by Kathy Lien
  Last updated 1/19/2012 4:54:32 PM ET
  The euro is closing in on 1.30. As much as experts around the world may pound the table about the significant economic risk that lies ahead, the euro continues to strengthen, shrugging off all the region’s sovereign debt worries. The EUR/USD has become completely immune to any negative comments including those from German Bundesbank President Weidmann who warned that the uncertainty in the economic outlook was unusually big.
  0 comments
• FX: Very Strong Claims, Solid Spanish Auction - All Good for Risk
  Written by Kathy Lien
  Last updated 1/19/2012 9:02:25 AM ET
  According to this morning's U.S. economic reports, conditions in the labor market continue to improve. Weekly jobless claims fell to its lowest levels since April 2008 and as a survey period for the January non-farm payrolls
  0 comments
• Euro Extends Rally on Strong Spanish Auction
  Written by Boris Schlossberg
  Last updated 1/19/2012 5:18:22 AM ET
  Strong results from the Spanish 10 year bond auction and positive risk sentiment during European trade helped push the EUR/USD through the 1.2900 level as the short squeeze in the currency pair continued for the third day in row. Spain sold a total 6.6 billion euros of bonds nearly twice the 3.5 billion target as demand for its paper proved strong.
  0 comments
• Weak Australian Labor Report Weighs on Aussie
  Written by Boris Schlossberg
  Last updated 1/19/2012 2:58:16 AM ET
  Australian employment missed its mark printing at -29.3K versus forecast of 10.2K sending Aussie lower in Asian session trade. The unemployment rate decreased to 5.2% from 5.3% expected as the participation rate declined to 65.2%.
  0 comments
• CAD/JPY to Resume Downtrend at 76.20?
  Written by Bradley Gareiss
  Last updated 1/18/2012 8:01:07 PM ET
  A bearish Gartley pattern is emerging on the CAD/JPY.
  0 comments
• EUR: The Teflon Currency
  Written by Kathy Lien
  Last updated 1/18/2012 5:04:08 PM ET
  The euro’s Teflon coating has protected the currency extremely well this week, keeping it immune from the intensification of the region’s sovereign debt crisis. As much as we believe that the EUR/USD should be trading much lower, we have to respect the recent moves in the currency. Positioning
  0 comments
• US Data: Strong Demand for Dollars, Lackluster PPI and IP
  Written by Kathy Lien
  Last updated 1/18/2012 9:17:34 AM ET
  It has been a very busy morning in the foreign exchange markets with the EUR/USD being taken for a rollercoaster
  0 comments
• Euro Rides a Roller coaster of News
  Written by Boris Schlossberg
  Last updated 1/18/2012 5:47:30 AM ET
  The euro went on a roller coaster ride today rising in late Asian trade on optimism over a possible deal on the restructuring of Greek debt only to tumble when Fitch threatened a two notch downgrade of Italy only to return to the session highs by midmorning European trade on news that IMF may boost its lending facility by $1 Trillion.
  0 comments
• Euro Reverses Rally on Threat of Downgrade of Italy
  Written by Boris Schlossberg
  Last updated 1/18/2012 3:58:29 AM ET
  Fitch rating agency has threatened to downgrade Italian sovereign debt by two notches from current A+ rating sending EUR/USD plunging in early European trade. According to Reuters a senior director from Fitch indicated that the ratings agency was preparing to lower the ratings on Europe’s third largest economy.
  0 comments
• Euro Rises Above 1.2800 on Hopes of Greek Deal
  Written by Boris Schlossberg
  Last updated 1/18/2012 2:47:43 AM ET
  The EUR/USD was mildly bid at the start of European trade today as markets focused on the negotiations regarding Greek debt with discussion between the government and private bedt holders set to resume today. The Institute of International Finance, which represents banks involved in the proposed Greek debt swap, said Tuesday that negotiations should resume on Wednesday with “a sense of urgency.”
  0 comments