http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-11-16.htmlCommitment of traders data released Friday November 13th showed an increase in positions betting against the US Dollar last week. Significant changes include increases in long positions in Canadian dollar and Japanese Yen and a decrease in net short positions betting against the British Pound for the first time in the last 4 weeks. JAPANESE YEN (Contracts of 12,500,000 yen) 11/09/09 week 11/03/09 week Long 42,044 39,028 Short 20,166 19,196 Net 21,878 19,832 EURO (Contracts of 125,000 euros)Mon, 16 Nov 2009 08:00:55 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-11-16.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-11-09.htmlCommitment of traders data released Friday October 30th showed an decrease in positions betting against the US Dollar last week to the lowest level since August 2009. Significant changes include a large decrease in short positions betting on the Sterling for the third week in a row and a decrease in net long positions in Canadian dollar. JAPANESE YEN (Contracts of 12,500,000 yen) 11/03/09 week 10/27/09 week Long 39,028 36,076 Short 19,196 18,546 Net 19,832 17,530 EURO (Contracts of 125,000Mon, 09 Nov 2009 07:50:18 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-11-09.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-11-02.htmlCommitment of traders data released Friday October 30th showed an decrease in positions betting against the US Dollar last week. Significant changes include a large decrease in short positions betting on the Sterling for the second week and decreases in net long positions in Australian and Canadian dollars. JAPANESE YEN (Contracts of 12,500,000 yen) 10/27/09 week 10/20/09 week Long 36,076 49,401 Short 18,546 18,216 Net 17,530 31,185 EURO (Contracts of 125,000 euros) 10/27/09 week 10/20/09 weekMon, 02 Nov 2009 08:49:45 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-11-02.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-10-26.htmlCommitment of traders data released Friday October 23rd showed an increase in positions betting against the US Dollar last week. Significant changes include a large decrease in short positions betting on the Sterling to decline in value and increases in net long positions in Australian and Canadian dollars. JAPANESE YEN (Contracts of 12,500,000 yen) 10/20/09 week 10/13/09 week Long 49,401 49,817 Short 18,216 16,478 Net 31,185 33,339 EURO (Contracts of 125,000 euros) 10/20/09 week 10/13/09 weekMon, 26 Oct 2009 07:54:02 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-10-26.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-10-19.htmlCommitment of traders data released Friday October 16th showed a decrease in positions betting against the US Dollar last week. Significant changes include an increase in short positions betting on the Sterling to decrease in value, and an reduction in net long euro and Yen positions. JAPANESE YEN (Contracts of 12,500,000 yen) 10/13/09 week 10/06/09 week Long 49,817 62,127 Short 16,478 17,484 Net 33,339 44,643 EURO (Contracts of 125,000 euros) 10/13/09 week 10/06/09 week Long 79,762 86,229Mon, 19 Oct 2009 07:30:51 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-10-19.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-10-12.htmlCommitment of traders data released Friday October 9th showed an increase in positions betting against the US Dollar last week. Significant changes include an increase in short positions betting on the Sterling to decrease in value, and an increase in long positions in the Euro and Canadian Dollar. JAPANESE YEN (Contracts of 12,500,000 yen) 10/06/09 week 9/29/09 week Long 62,127 63,449 Short 17,484 18,593 Net 44,643 44,856 EURO (Contracts of 125,000 euros) 10/06/09 week 9/29/09 week LongMon, 12 Oct 2009 08:34:49 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-10-12.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-09-11.htmlCurrency Trends This report will focus on a review of the recent trends in the currency markets from a technical perspective in order to determine potential trading opportunities for the week ahead. New Recommedations Open Positions Short September Dollar Index filled 9/08 at 7734. Lower stop from 7809 to 7729 to lock in $50 gain. Hold with an initial objective of 7510. US Dollar The September US Dollar broke below key 7750 support this week, the lowest level since September 2008. A weeklyFri, 11 Sep 2009 08:16:09 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-09-11.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-08-12.htmlDollar Index (DXU9): The DX opened lower at 79.21 and rose to a morning Hi of 79.475 as equity markets retraced and traders sought the safe-haven of Dollars and Treasuries. Prices retraced to a mid-day Lo of 79.16 as equity prices rebounded and ended the day-session at 79.28, down 10 tics. The s/t trend remains 'positive' w/ firm momentum indicators. Traders will look for movement in foreign equity markets as a key to direction of the Dollar, however, with results of the FOMC coming out, longsWed, 12 Aug 2009 08:18:19 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-08-12.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-08-04.htmlBritish Pound (BPU9): Cable opened higher at 1.6850 after a better than expected Purchasing Managers Index rose to a 16 month High of 50.8 vs previous month of 47.4. With equity markets higher, traders rotated out of the DX, sending Cable to a mid-day Hi of 1.6986, before trailing lower into the close of 1.6919, up 232 tics. Optimisim could continue to weigh on the DX, but with a BOE rate meeting on Thursday, cautious longs should tighten 'stops' or buy 'puts' to reduce exposure. The s/t trendTue, 04 Aug 2009 05:42:09 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-08-04.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-31.htmlBritish Pound (BPU9): Sterling opened higher at 1.6485 after a report from Nationwide Building Society showed U.K. housing prices increased for a third month in July 1.3%. A strong equity market and weaker DX sent prices to a morning Hi of 1.6527, before drifting lower towards the close, to end the session at 1.6489, up 133 tics. The close above the 10-day MA changes the s/t trend to 'positive' w/ neutral momentum indicators. A close above the 7/23 Hi of 1.6585 could challenge the Target Hi ofFri, 31 Jul 2009 06:24:31 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-31.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-30.htmlDollar Index (DXU9): The DX opened higher at 79.39 after two of China's largest banks may have reduced lending for the rest of the year, sparking a round of profit-taking in the Shanghai equity markets that carried over to U.S. markets. Despite a weaker than expected Durable Goods report, due primarily to a decline in aircraft orders, ex-transportation orders rose +1.1% in June. Prices rose to a mid-day Hi of 79.81 and drifted to a close of 79.765, up 76.5 tics. The close above the 10-day MAThu, 30 Jul 2009 06:24:16 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-30.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-28.htmlCanadian Dollar (CDU9): The CD opened higher at .9247, after selling off at our initial Resistance level of .9279 and trading lower after posting a new Hi for 2009. As equity prices retraced from morning levels, the DX moved higher and weighed on CD prices. A late afternoon bounce in equity markets sent the DX lower and boosted the CD to a close of .9258, up 29 tics.The s/t trend remains 'positive' w/ over-bot momentum indicators. Higher global equity markets and weaker DX attribute to higherTue, 28 Jul 2009 05:54:06 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-28.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-24.htmlDollar Index (DXU9): The Dollar opened higher at 78.94 and rose to a morning HI of 79.15 as an increase in Weekly Jobless Claims of 30K sent equities lower as traders awaited the Existing Home Sales. The greater than expected report, along with better news from AT&T increased 'risk-appetite' as traders rotated away from safe-haven assets and into equities, sending the Dollar to a mid-day Lo of 78.585, before bouncing into the afternoon session and ending the day-session at 78.97, up 11Fri, 24 Jul 2009 05:48:58 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-24.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-21.htmlDollar Index (DXU9): The DX opened lower at 78.99 and slid to a morning Lo of 78.925 as equity markets rallied on the likelihood of a $3.0B 'loan' to CIT Group, helping to stave off a bankruptcy filling. Equity traders left the 'safe-haven' of Treasuries and took on more 'risk' for higher potential reward. A better than expected report from the Conference Board, showed economic indicators rose +0.7% fueled the flames, before equities slid, sending the DX to a moring Hi of 79.22. As the equityTue, 21 Jul 2009 06:59:39 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-21.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-16.htmlDollar Index (DXU9): The DX opened lower at 79.60 as equity markets moved higher after Intel Corp. posted better than expected earnings, increasing the risk-appetite of traders as they rotate out of safe-haven assets. Prices slid to a daily Lo of 79.42, before ending the day-session at 79.46, down 91 tics. The s/t trend remains 'negative' w/weak momentum indicators. Traders will key on the equity markets to see if the buying continues over-seas, which should weigh on the DX and possibly testThu, 16 Jul 2009 05:38:18 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-16.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-14.htmlCanadian Dollar (CDU9): The CD opened higher at .8604 and slid to a morning Lo of .8579, before following equity markets higher, after a bullish survey from the BoC showing the nation's businesses were the most optimistic in almost a decade on projected sales. Prices rose to a daily Hi of .8685, as the DX retraced on an increase in risk-appetite, before drifting lower to a close of .8677, up 75 tics. The close above the 10-day MA changes the s/t trend to 'positive' w/neutral momentumTue, 14 Jul 2009 05:36:59 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-14.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-09.htmlJapanese Yen (JYU9): The Yen opened higher at our secondary Resistance level of 1.0618 as risk-averse carry traders covered short Yen positions as the Nikkei 225 slid 227 points. A weaker than expected report showing Machine Orders fell 3% as Q2 earnings reports begin, was enough for carry-traders to reduce exposure in global equity markets and send prices higher. A number of buy-stops were hit, at the previous Target Hi of 1.0664 level, driving prices to a daily Hi of 1.0904, before driftingThu, 09 Jul 2009 06:03:51 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-09.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-07.htmlDollar Index (DXU9): The Dollar opened higher at 81.05 as an increase in risk-aversion sent traders to the safe-haven of Treasuries and the Dollar Index. Concerns that the global recovery will falter as unemployment increases and consumer spending tightens sent global markets tumbling over-night. A smaller than expected bounce in the ISM non-mfg.index turned equities higher and sending the DX lower through to the close of 80.69, up 2 tics. The s/t trend remains 'positive' w/ neutal momentumTue, 07 Jul 2009 10:29:52 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-07.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-01.htmlDollar Index (DXU9): The Dollar opened lower at 79.81, but rose sharply after a weaker than expected Consumer Confidence report sent equity markets tumbling and traders seeking the safe-haven of Treasuries and Dollars. Prices rose to a mid-day Hi of 80.64, before trailing lower into the close of 80.42, up 31 tics. The s/t trend remains 'negative' w/improving momentum indicators. Traders will key on equity markets ahead of Thursday's Non-Farm Payroll Report and the shortened trading week.Wed, 01 Jul 2009 05:53:24 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-07-01.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-30.htmlDollar Index (DXU9): The DX opened higher at 80.145 after China ruled out any 'sudden-changes' in its foreign reserves policy, reducing pressure to divest itself away from its large holding of U.S. Treasuries. Prices rose to a morning Hi of 80.295, on belief that the U.S. economy will lead most G-7 countries out of the global slow-down. As equity prices rose, traders moved out of the safe-haven of Dollars, taking on more risk for higher returns, sending DX lower into the day-session close ofTue, 30 Jun 2009 05:46:20 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-30.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-26.htmlEuro-Currency (ECU9): The EC opened higher at 1.3935 and slid to a morning Lo of 1.8860, before following equity prices higher. An increase in risk-appetite saw traders leaving the safe-haven of Dollars, sending the EC to a daily Hi of 1.4012, before drifting lower towards the close to end the session at 1.3985, up 66 tics. The close above the 10-day MA changes the s/t trend to 'positive' w/neutral momentum indicators. Traders will key on overseas equity markets as a barometer for 'risk',Fri, 26 Jun 2009 06:33:01 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-26.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-24.htmlWho’s afraid of the big bad Fed, the big bad Fed, and the big bad Fed? Who is afraid? Futures traders, that's who. The dollar huffed and puffed and blew the bull’s house down as commodities across the board got blown away. Is the oil market finally facing what many feel is weak demand reality or is the reality just changing. The World Bank's outlook for the global economy was partly to blame for yesterday’s commodity massacre as they called for a contraction in the global economy by a sharpWed, 24 Jun 2009 06:17:22 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-24.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-23.htmlDollar Index (DXU9): The Dollar opened higher at 81.16 after the World Bank revised its forecast for the global economic recovery 'lower', sending equity markets tumbling and traders running for 'safe-haven' Treasuries and Dollars. Prices rose to a morning Hi of 81.30, before drifting lower to a day-session close of 81.14, up 51 tics. The s/t trend remains 'positive' w/neutral momentum indicators. Traders will key on equity markets 'overseas' for further indication of 'risk-aversion', ahead ofTue, 23 Jun 2009 08:21:36 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-23.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-19.htmlDollar Index (DXU9): The DX opened higher at 80.935 as weak equity markets overseas entice traders to seek the safe-haven benefits of the Dollar. Weaker Retail Sales and tighter credit in the U.K. sent Sterling tumbling to a morning Lo of 1.6185 as traders await U.S. economic data. Equity traders may adjust positions ahead of Friday's 'quadrouple' witching and take more profit/risk off the table, support more flight to quality. The s/t trend remains 'negative' w/ neutral momentum indicators. AFri, 19 Jun 2009 06:17:24 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-19.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-16.htmlDollar Index (DXU9): The DX opened higher at 81.38 and slid to a morning Lo at our initial Resistance level of 81.10, before rising to a mid-day Hi of 81.78 as flight to quality supported the move. Increased confidence from Russian FM Alexi Kudrin followed last weeks vote of confidence from Japan's FM Aso. Weaker employment data from the EZ and possibly further losses from European Banks weighed on the EC throughout the day. The DX drifted lower into the day-session close of 81.55, up 96 tics.Tue, 16 Jun 2009 06:56:19 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-16.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-05.htmlCanadian Dollar (CDM9): The CD opened lower at .8976, before following oil prices higher after a bullish forcast from a Goldman Sachs analyst of $85.00/bbl by the end of 2009. Prices rose to a daily Hi of .9151, before drifting lower to a close of .9117, up 91 tics. An increase in risk-appetite weighed on the DX and helped raise most commodity prices, supporting the advance. The s/t trend remains 'positive' w/ firm momentum indicators. Traders will key on over-seas equity markets and theFri, 05 Jun 2009 07:45:21 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-05.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-04.htmlDollar Index (DXM9): The DX opened higher at 78.945 as equity traders took profit/risk off the table in European markets after a three month run off the recent low. Lower risk appetite saw traders reducing exposure by increasing positions in Treasuries, pushing the DX to a day-session Hi of 79.695, before ending the day-session at 79.535, up 106.5 tics. The short-covering move could not change the s/t trend from its 'negative' bias, with weak momentum indicators. Lower than expected economicThu, 04 Jun 2009 09:49:05 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-06-04.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-29.htmlEuro Currency (ECM9): The Euro opened lower at 1.3867 against the Dollar, before following equity markets higher as traders rotated out of the safe-haven securities and increasing their risk appetite for higher returns. A better than expected EZ economic confidence report rose +2.1 to a six month Hi of 69.3, pushing the EC to a mid-day Hi of 1.3981, before drifting lower into the close of 1.3960, up 44 tics. The s/t trend remains 'positive' w/firm momentum indicators. The s/t trend remainsFri, 29 May 2009 05:50:16 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-29.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-28.htmlBritish Pound (BPM9): Sterling opened higher at 1.5966 and rose to a Daily Hi at our secondary level of Resistance of 1.6084 as traders continued to add to what were considered 'undervalued' levels. While the Euro saw some proftit-taking after the ECB said further rate cuts were possible, traders rotated into Sterling as fund-managers look for higher prices. Traders took a little off the top today after stalling at the Resistance level, sending prices lower into the close of 1.6045, up 120Thu, 28 May 2009 06:23:23 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-28.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-21.htmlBritish Pound (BPM9): Sterling opened higher at 1.5514 and slid to a morning Lo of 1.5471 against a weak DX, before following equity and commodity prices higher as an increase in risk-appetite sent the DX lower. A break above the 200-day MA of 1.5539 sent prices to a daily Hi of 1.5792, before trailing lower into the close of 1.5776, up 265 tics. Better technical data and buy recommendations on Sterling were contributing factors. The s/t trend remains 'positive'w/expensive momentum indicators.Thu, 21 May 2009 07:07:54 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-21.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-19.htmlBritish Pound (BPM9): Sterling opened higher at 1.5281 after a report showing Retail Sales and Existing Home Prices were better than expected. Prices rose to a morning Hi of 1.5314 against a weaker DX as higher equity prices weighed on the safe-haven benefit as risk appetite increased. Traders continued to bid prices higher early in the afternoon, hitting a mid-day level of 1.5336, before drifting lower towards the day-session close of 1.5316, up 157 tics. The s/t trend remains 'positive'Tue, 19 May 2009 04:56:26 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-19.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-18.htmlEuro Currency (ECM9): The EC opened lower at 1.3529 after a weaker than expected drop in the EZ Q1 GDP of -2.5% vs Q4 GDP of -1.6%. Weaker equity prices overseas pushed the DX higher, adding pressure to the EC as prices retraced to an early morning level of 1.3509. A bounce in globex equity prices helped the EC rise to our initial Support level of 1.3560 ahead of the opening bell in the equity markets. Look for prices to challenge the Support level or fade towards secondary Support of 1.3470.Mon, 18 May 2009 07:25:01 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-18.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-14.htmlDollar Index (DXM9): The DX opened higher at 82.60 and rose to a morning Hi of 82.85, as weaker equity markets retraced further after a lower Retail Sales report. Prices slid to a mid-day level of 82.39 and bounced into the afternoon session, ending the day-session at 82.63, up 21 tics. The s/t trend remains 'negative' w/ weak momentum indicators.Traders concerned with increasing their 'risk-avoidance' will key on the global equity market activity, which could support a higher Dollar. ShortsThu, 14 May 2009 06:30:42 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-14.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-12.htmlDollar Index (DXM9): The DX opened higher at 82.85 and rose to a morning Hi of 82.965 as equity traders took profit/risk off the table after price increases outpaced expectations. Traders supported higher Treasuries, which supported the DX as other major currency markets retraced. Prices slid to a morning Lo of 82.615, before bouncing into the afternoon session and ending the day-session at 82.795, up 15.5 tics. The s/t trend remains 'negative' w/ weak momentum indicators. Traders will key onTue, 12 May 2009 05:56:36 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-12.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-08.htmlEuro Currency (ECM9): The EC opened higher at 1.3363 and slid to a morning Lo of 1.3256, before rising to a morning Hi of 1.3469 on better than expected increase in German Factory Orders and DX weakness. The ECB lowered interest rates by 25bp to 1.00% and will use only 60B euros applied to some form of quantitative easing, according to ECB President Trichet's comments. As equity markets retraced, the DX added strength, sending the EC lower into the start of afternoon trading. Prices rose intoFri, 08 May 2009 06:10:23 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-08.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-05.htmlDollar Index (DXM9): The DX opened higher at 84.89 and rose to a morning Hi of 85.03, before better than expected economic data from Pending Existing Home Sales and Construction Spending sent a positive message to equity buyers that the worse may be behind us. An increase in China's PMI helped boost risk appetite that sent equities higher and the DX to a morning Lo of 83.81 at mid-day, before bouncing higher into the close of 84.11, down 59 tics. The s/t trend remains 'negative' w/ weakTue, 05 May 2009 05:56:48 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-05-05.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-04-30.htmlDollar Index (DXM9): The DX opened lower at 84.73 and rose to a morning Hi of 84.89 as equity markets retraced on the weaker than expected drop in Q1 GDP to -6.1%. Traders looked to the drop in stockpiles and the increase in consumer spending as the silver lining in the dark cloud to go along with an upgrade of the banking sector and better than expected earnings in Samsung and Siemans AG to propel equity markets higher. The DX retraced to a mid-day level of 84.24, before bouncing into theThu, 30 Apr 2009 05:50:04 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-04-30.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-04-28.htmlDollar Index (DXM9): The DX opened higher at 85.46 as concerns that the 'swine flu' virus will pressure the global economic recovery efforts. Travel bans to the U.S. and Mexico hit the airline, energy and travel industry, sending equity markets lower and the safe-haven of Treasuries and Dollar Index higher. Prices slid to a day-session Lo of 85.84, before climbing to a daily Hi of 86.075 as equities retraced and ended the session at 85.91, up 99 tics. The s/t trend remains 'negative' w/Tue, 28 Apr 2009 06:28:26 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-04-28.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-04-24.htmlEuro Currency (ECM9): The EC opened higher at 1.3051 on the better than expected increase in the EZ services and manufacturing industries index showed a jump to 40.5 in April, up from 38.3 in March. Hawkish comments from ECB council member Alex Weber stating that s/t rates are not likely to drop below 1.0% and that 'quantitative easing' is not in the immediate future helped support the EC. Prices slid to a morning Lo of 1.2996 as the equity markets retraced, supporting a jump in the DX. AsFri, 24 Apr 2009 06:13:48 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-04-24.htmlhttp://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-04-21.htmlBritish Pound (BPM9): The BP opened lower at 1.4555 after the Confederation of British Industry increased the contraction in the U.K. economy in 2009 to 3.9% from 3.3%. Prices slid to a morning Lo of 1.4496 as pressure from a stronger DX weighed on prices. As the DX relaxed, the BP rose towards the close to end the session at 1.4543, down 248 tics. The s/t trend remains 'negative' w/neutral momentum indicators. Pressure on the ECB to lower rates on May 7th could lend support to Sterling.Tue, 21 Apr 2009 06:33:08 GMThttp://www.fxstreet.com/fundamental/market-view/info@alaron.com (Alaron)http://www.fxstreet.com/fundamental/market-view/the-currency-futures-report/2009-04-21.html