Forex News

U.S. Futures Climb on Jobless Claims U.S. stock futures rose after weekly jobless claims fell by more than expected, in a rare bright spot for the labor market. More: Real Time Economics | MarketBeat Data: Overview | Treasurys | Forex | Crude

Stocks Drop as Economic Worries Grow U.S. stocks dropped as disappointing jobs data fueled worries that the economic recovery s trajectory may be stalling. Treasurys Rally, Dollar, Stocks Fall Heard: Europe s Eye-Catching Dividends MarketBeat: Amid Payrolls, Don t Forget Europe Data: Overview | Treasurys | Forex | Crude

Stock Futures Weaken U.S. stock futures fell on flat consumer spending during June, as incomes stopped growing and prices remained subdued, pointing to a weaker economy. Data: Overview | Treasurys | Forex | Crude

Stocks Open Higher on Housing Data, Earnings Stocks climbed Tuesday morning following a rise in U.S. home prices for May along with another round of strong earnings. Dow Back in Black for Year More from MarketBeat blog Data: Overview | Treasurys | Forex | Crude

Alcoa, CSX Buoy Stock Futures U.S. stock futures gained on the heels of strong second-quarter earnings from Alcoa and railroad operator CSX. More from MarketBeat Data: Overview | Treasurys | Forex | Crude

Stocks Gain on Economic Optimism U.S. stocks climbed, boosted by a larger-than-expected decline in jobless claims and strong same-store sales from a handful of retailers. Data: Overview | Treasurys | Forex | Crude

Boeing, Caterpillar Lead Stock Selloff U.S. stocks tumbled as investors braced for a broad slowdown in global growth. Fears Hit Markets; Dollar, Treasurys Rise Markets Hub: Growth Fears Slam Markets Data: Overview | Treasurys | Forex | Crude

Futures Bobble After Data U.S. stock futures bounced between small gains and losses after consumer spending edged up in May and incomes rose modestly, as expected. Data: Overview | Treasurys | Forex | Crude

Stocks Mixed After Home Sales U.S. stocks moved to around break-even on an unexpected drop in existing home sales. MarketBeat: Earnings Reset Market Expectations Data: Overview | Treasurys | Forex | Crude

Stocks Gain on Economic Optimism U.S. stocks gained, as ebbing fears over a contraction in global growth brought back appetite for riskier assets. Oil Nears $76 | Treasurys Fall Markets Hub: Recovery Mode Dominates Rapid Declines Rattle Even Optimists Data: Overview | Treasurys | Forex | Crude

U.S. Futures In Red U.S. stock futures fell into the red after data showed retail sales unexpectedly fell in May, the biggest and first drop since September. Data: Overview | Treasurys | Forex | Crude

Stocks Climb on Economic Optimism U.S. stocks surged after U.S. jobs data brightened modestly, adding to optimism over the prospects for economic growth in Europe and China. Markets Hub: Euro Sees Some Stability Deflation Is Worrisome but Not a Certainty Data: Overview | Treasurys | Forex | Crude

Dow Industrials Flirt With 10000 A weak jobs report and fresh worries about the euro-zone s economy sparked selling in stocks and solid gains in Treasurys and the dollar. Euro Falls Below $1.20 Markets Hub: Jobs Data Disappoint MarketBeat: Guided Tour of Market Reactions Data: Overview | Treasurys | Forex | Crude

Stocks Poised to Rebound U.S. stock futures rose Wednesday after the previous session s selloff, as investors looked ahead to key government employment data. Data: Overview | Treasurys | Forex | Crude

Stocks, Oil Fall; Euro Turns Up Stocks were lower but off the worst levels of the day. Worries about the EU s debt crunch eased somewhat, reducing pressure on the euro. Heard: Sovereign Restructuring No Easy Option Data: Overview | Treasurys | Forex | Crude

U.S. Stocks Climb U.S. stocks gained after manufacturing activity hit its highest level since July 2004 and construction spending unexpectedly increased. Greek Bailout Isn t a Bond Cure-All Data: Overview|Treasurys|Forex|Crude

Goldman Charges Roil Markets Fraud charges against Goldman Sachs roiled financial markets, sending stocks and commodities tumbling and investors fleeing to the safety of Treasurys. Data: Overview|Treasurys|Forex|Crude Vote: Will charges lead to more regulation?

Forex options market volatility expectations have leveled off near their lowest points in nearly two years, suggesting that major currencies will continue to see slow moves through the foreseeable future.

    The overlapping nature of the USDCHF advance from 9916 is a warning that the rally may be a completed 3 wave correction.  This is at odds with the larger degree structure however .  The bullish count treats the stair-stepping advance from 9916 is a series of 1st and 2nd waves.  If this is correct, then a 3rd of a 3rd wave advance is underway to much higher levels.  Price needs to stay above 10433 in order for me to remain confident in this extremely bullish count.       Jamie Saettele publishes  Daily Technicals  every weekday morning,  COT analysis  , technical analysis of  currency crosses  on Monday, Wednesday, and Friday , and intraday trading strategy as market action dictates at the  DailyFX Forum .  He is the author of  Sentiment in the Forex Market .  Follow his intraday market commentary and trades at  DailyFX Forex Stream .   Send requests to receive his reports via email to  jsaettele@dailyfx.com .

    No change: “The NZDUSD is marching to its own beat as a top may already be in place at 7185.  The decline from there is impulsive , which reinforces the bearish bias.  I favor the downside against 7185.  A move through there would expose 7240.”   Jamie Saettele publishes  Daily Technicals  every weekday morning,  COT analysis  , technical analysis of  currency crosses  on Monday, Wednesday, and Friday , and intraday trading strategy as market action dictates at the  DailyFX Forum .  He is the author of  Sentiment in the Forex Market .  Follow his intraday market commentary and trades at  DailyFX Forex Stream .   Send requests to receive his reports via email to  jsaettele@dailyfx.com .