Sterling fell to its lowest in nine months against the dollar on Monday, weighed down by a newspaper poll showing the possibility of an inconclusive election result, and by speculation Britain s asset buying scheme could be revived. Read More →

The Euro surged against the British Pound in early trading, sending the UK unit sharply lower against most major currencies as the markets digested emerging details of a German-led bailout of the debt-ridden Greek economy. Read More →

Europe s single currency project is facing its toughest period since its launch over a decade ago and it is essential that Greece tackle the roots of its troubles to restore confidence, German Chancellor Angela Merkel said. Read More →

After its rally against the dollar on Friday, the euro should manage more gains in coming sessions, although its medium-term trend is still bearish. Read More →

Currency jitters hit the British pound; new home sales fell 11.2% in January; Obama unveiled his health overhaul plan Monday; and more. Read More →

Swiss Franc Torn Between Major Trends in Other Currencies Fundamental Forecast for Swiss Franc: Neutral - Speculative Sentiment Points to Swiss Franc Losses Against US Dollar - Options Outlook Hints Franc May Correct Higher Before Downtrend Resumes The Swiss Franc outlook looks conflicted as the currency resolves conflicting cues from developments in the key trends driving the other majors, with gains... Read the rest of this entry

British Pound Selling to Continue on Interest Rate Outlook Fundamental Forecast for British Pound: Bearish - UK Q4 GDP Revised Higher but Capital Investment Tumbles - Bank of England’s King Sinks Pound with Dovish Testimony - British Pound Short Position Meets Target, 1.50 Next Objective The British Pound is likely to continue lagging against the spectrum of major currencies as the Bank of England... Read the rest of this entry

US Dollar at a Crossroads: Further Gains or Finally a Pullback? Euro: ECB Decision a Write Off, Financial Troubles the Real Threat Japanese Yen Could Remain Directionless Despite Week Of Event Risk British Pound Selling to Continue on Interest Rate Outlook Swiss Franc Torn Between Major Trends in Other Currencies Canadian Dollar to Face 4Q GDP, Bank of Canada Rate Decision Australian Dollar Could Snap... Read the rest of this entry

Euro: ECB Decision a Write Off, Financial Troubles the Real Threat Fundamental Forecast for Euro: Bearish - Rating agencies Moody’s and Standard & Poor’s warn a Greek downgrade may be on the way - German business confidence contracts for the first time in 11 months through February - EURUSD maintains its steady bear trend despite recent congestion There is a lot going on in the Euro Zone; and yet... Read the rest of this entry

Australian Dollar Could Snap Back to Trend with an RBA Surprise Fundamental Forecast for Australian Dollar: Neutral - Australian business investment jumps 5.5 percent in the 4Q - A modest increase in private sector credit does little to bolster the probability of an RBA hike - A tentative reversal could point to the next AUDUSD bear wave There is a lot of scheduled event risk next week across the board;... Read the rest of this entry