http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-07-01.htmlOverview The USD gave back most of Monday's gains against the EUR, and slipped further against the Yen as traders opted for more risk averse trades. While crude edged higher, the precious metals led the way with solid gains in both gold and silver overnight, helped by the weaker USD, and the need to play catch-up with crude oil. The focus is now on Super Thursday. The ECB meeting will be followed by June's Payrolls data as Friday is 4th July, Independance Day. I'm thinkingWed, 02 Jul 2008 00:55:43 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Top Trader Thinking)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-07-01.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-29.htmlOverview The USD managed to regain some lost ground overnight, helped by the fact that the EUR was up near the top of its recent 1.5300-1.5800 range. Any further downside will be limited i think to the mid 1.5600 level, ahead of the ECB meeting on Thursday. Precious metals came off on the back of the firmer USD, and look like trading lower over coming days. Gold looks like it could retest 910, and Silver back toward $17. The Reserve Bank of Australia meets today on interest rates, but it's aMon, 30 Jun 2008 00:39:06 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Top Trader Thinking)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-29.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-26.htmlOverview The USD slumped overnight, losing over 1% against the Yen and Swiss Franc, and trading at 3 weeks lows against the Euro. The market continued to digest the post FOMC statement, viewing the Fed as not hawkish enough, while seeing the ECB as keenly hawkish ahead of next week's ECB meeting. The AUD/USD was unable to take advantage of the USD weakness, being sold off from 0.9600 down 0.9560 by an unnamed Asian central bank. Crude Oil rallied more than $5, and the Dow slumped to 21Thu, 26 Jun 2008 23:58:22 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Top Trader Thinking)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-26.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-20.htmlThe USD steadied late after falling immediately after the FOMC meeting. The Fed announced no change rates, as expected, and in the statement appeared ever so slightly hawkish. The Fed warned of inflationary risks, and suggested that the risks of a downturn in growth had diminished. The market has no scaled back their expectations of a US rate hike this year, although i dont know anyone in their right mind who could have expected a rate hike this year. The market was also spooked by furtherFri, 20 Jun 2008 10:13:38 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Top Trader Thinking)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-20.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-18.htmlStrong UK retail sales, and US wholesale inflation were the highlights in the FX market overnight. The stronger than expected UK retail sales, coupled with comments from the BOE Governor has the market pricing in a UK rate hike, to bring inflation back under the 2% target. The headline Philly Fed Index showed manufacturing contracting, but the prices paid component suggests some underlying inflation could be coming thru. This data helped to give the USD a lift across the board. The weakerThu, 19 Jun 2008 00:37:38 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Top Trader Thinking)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-18.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-12.htmlThe dollar declined Tuesday after switching course several times during the North American session and failing to get any help from remarks by Treasury Secretary Henry Paulson. The greenback had initially strengthened in New York on the back of supportive U.S. data, but retraced those gains as Paulson delivered his first policy speech since taking office last month. Paulson also gave several television interviews and made other public appearances during a visit to New York. Yet the dollar'sThu, 12 Jun 2008 15:04:13 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Top Trader Thinking)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2008-06-12.html