http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-07.v02.htmlU.S. equity markets traded sideway-to-better after the government released a weaker than expected jobs report.  The unemployment rate hit also hit a 26-year high at 10.2%. The bears see this report as a sign the economy is worsening.  The bulls read it as a chance to continue to demand higher risk because it reduces the likelihood of a Fed rate hike until mid-2010.  This means that liquidity will be readily available for at least the next six months.  While this may beSat, 07 Nov 2009 08:34:00 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-07.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-07.htmlThe U.S. Dollar closed trading mixed after trading in a range most of the day following the release of a poor October jobs data report.  The loss of 190,000 jobs was somewhat of a surprise. Traders were positioned for a loss of 175,000 jobs. The unemployment rate climbed to a 26-year high to 10.2% and the world didn’t fall apart.  Traders either believe this is the bottom in unemployment or they have become complacent which could mean huge volatility is looming.   The Dollar wasSat, 07 Nov 2009 08:31:15 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-06.v02.htmlThe U.S. Dollar is trading lower ahead of this morning’s U.S. jobs data report.  Today’s Non-Farm Payrolls Report is expected to loss in October of about 175,000 jobs.  The key will be how investors react if the unemployment rate reaches or exceeds 10%.  Some say this figure is built into the market.    The U.S. jobs report will set the tone for the day as it represents a way to gauge the health of the economy - namely consumer spending.  This year’s reportFri, 06 Nov 2009 13:29:43 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-06.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-06.htmlThe U.S. Dollar is trading lower ahead of this morning’s U.S. jobs data report.  Today’s Non-Farm Payrolls Report is expected to loss in October of about 175,000 jobs.  The key will be how investors react if the unemployment rate reaches or exceeds 10%.  Some say this figure is built into the market.    Yesterday the Bank of England announced that interest rates would remain at the historically low 0.50% level.  The BoE did increase its quantitative easing programFri, 06 Nov 2009 13:19:27 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-05.v04.htmlYesterday the Federal Reserve laid out the groundwork for another 30 days of increased demand for higher yielding assets by remaining committed to low interest rates for an “extended period” of time.  Traders reacted on Wednesday as if this news was already in the market.  This makes today important because the inability to follow-through to the upside in the currencies, crude oil and equities could trigger a massive liquidation break.   The Bank of England is the wildcardThu, 05 Nov 2009 13:13:20 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-05.v04.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-05.v03.htmlThe U.S. Dollar is trading higher this morning after yesterday’s volatile day and today’s Bank of England and European Central Bank Policy meetings.  The lack of follow-through to the upside following yesterday’s sell-off has to be of some concern to the short Dollar traders.    On Wednesday, the Fed basically handed aggressive Dollar bears a thirty day pass when it decided to remain committed to its low interest rate policy for an “extended period” of time.  This shouldThu, 05 Nov 2009 13:12:23 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-05.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-05.v02.htmlThe Fed FOMC committee decided to leave interest rates at historically low levels and issued a statement that said nothing to deter demand for higher risk assets.  It is now up to aggressive traders to take advantage of the thirty day free pass issued to them by the Fed’s inaction.  At this time the Fed is no closer to raising interest rates than it was last month.  This is potentially bullish news.  The currency traders recognized it, but equity traders seemed hesitant.Thu, 05 Nov 2009 06:06:43 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-05.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-05.htmlThe U.S. Dollar finished sharply lower today against most major currencies except the Japanese Yen.  Speculators bet early and often this morning that the Fed would do nothing with interest rates nor hint at an end to its stimulus plans.  These bets paid off as the Dollar weakened further after the FOMC announcement in the afternoon.   Demand for higher yielding assets was strong today and based on what the Fed said, bullish traders should have a free pass for the next thirtyThu, 05 Nov 2009 06:05:32 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-04.v04.htmlRenewed interest in higher risk assets is helping to drive up stocks and commodities while pressuring the U.S. Dollar and interest rate futures. Aggressive traders seem to be betting big that the Fed FOMC policy statement this afternoon will contain language stating that an interest rate hike is not likely until at least the middle of 2010. Stock indices are trading sharply higher although they have backed off there highs. The December E-min S&P came close to a 50% price objective atWed, 04 Nov 2009 18:39:04 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-04.v04.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-04.v03.htmlThe U.S. Dollar is trading sharply lower at the mid-session against most currencies with the exception of the Japanese Yen. Speculators are betting big that the Fed FOMC statement will indicate there still is time to buy higher risk assets before the Fed begins tightening. The EUR USD is trading higher after breaking out over downtrending resistance at 1.4783 and a 50% price at 1.4776. Both of these prices are now support. The charts indicate 1.4873 to 1.4918 are the next upside targets.Wed, 04 Nov 2009 18:15:16 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-04.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-04.v02.htmlTraders are confident the Fed will leave interest rates at historically low levels, but are undecided about the language the Fed will use to describe an exit strategy or an interest rate hike.  Investors want to know what the strategy will look like.  The main concern among investors is the Fed will act too soon to remove stimulus.  This is why the focus will be on what the Fed does with last month’s statement which said interest rates will remain low for an “extendedWed, 04 Nov 2009 13:29:19 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-04.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-04.htmlThe U.S. Dollar is trading lower against most currencies with the exception of the Japanese Yen as stronger equity markets in Europe and Asia helped drove up demand for higher yielding assets.  Trading was thin overnight and is expected to remain that way until the Fed FOMC announcement later in the day.  The first order of business today that traders will react to are the ADP Employment Report and the ISM Services Report.   The EUR USD is trading higher but inside ofWed, 04 Nov 2009 13:12:10 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-04.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v07.htmlDecember Gold surged to a new all-time high after the Reserve Bank of India purchased 200 metric tons of gold from the International Monetary Fund. The purchase was worth about $6.7 billion. Traders at first were hesitant to drive this market higher until it became clear that this transaction could be the start of additional buying by other central banks.   The U.S. Dollar managed to hold on to its gains despite the strong rally in the gold market.  While the weaker Dollar has beenTue, 03 Nov 2009 23:45:41 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v07.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v06.htmlThe U.S. Dollar managed to hold on to its gains despite the strong rally in the gold market.  While the weaker Dollar has been blamed for the August to October rally in gold, stronger gold is not expected to drive the Dollar to new lows.  The fundamentals have shifted.  The Dollar is getting stronger because of investor aversion to risk while gold is up because of central bank demand.   The EUR USD traded sharply lower after trading inside of a tight range for the past fourTue, 03 Nov 2009 23:44:40 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v06.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v05.htmlNews that the Reserve Bank of India purchased 200 metric tons of gold from the International Monetary Fund is sending prices soaring today. The transaction which was worth about $6.7 billion is encouraging speculation that other central banks may be looking to buy gold. December Gold broke through its October high at $1072 early in the morning and is now pushing toward the $1085 area. New support is at the old top. There is no resistance at this time which means $1100 is the most likely target.Tue, 03 Nov 2009 19:23:43 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v05.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v04.htmlThe U.S. Dollar is trading firm at the mid-session. Trading has been thin and rangebound ahead of tomorrow’s Fed meeting and Thursday’s Bank of England and European Central Bank meetings. The Dollar opened up higher this morning based on a strong overnight trade. The Dollar gained strength after the Reserve Bank of Australia hiked its benchmark interest rate by 25 basis points. This was expected by traders, but the guidance offered by the RBA suggested that additional rate hikes were not in theTue, 03 Nov 2009 18:05:20 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v04.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v03.htmlThe U.S. Dollar is trading sharply higher overnight as investors are once again becoming more risk averse.  This week, investors are facing three major central bank meetings and the U.S. employment report.  Investors are worried about the central banks removing government stimulus, and its possible negative impact on the economy, particularly the financial sector.   Yesterday, U.S. manufacturing and home sales fueled a rally in the equity markets early in the session, but fearTue, 03 Nov 2009 13:47:02 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v02.html  Weakness in the AUD USD is dragging higher yielding currencies lower overnight.  This is leading to the call for a stronger U.S. Dollar on the opening.  Investors are becoming more risk averse ahead of three major central bank meetings this week.  On November 4th the U.S. Federal Reserve holds its FOMC meeting.  This will be followed by the European Central Bank and the Bank of England on November 5th.   The Reserve Bank of Australia raised its benchmarkTue, 03 Nov 2009 13:05:15 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-03.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v06.htmlU.S. stock index futures finished higher today following a choppy, two-sided trading session.  This morning’s better than expected U.S. ISM Factory Report helped launch a strong rally, but buyers could not push the market higher.  After trading rangebound for a few hours, buyers finally gave in and the market dropped sharply as bids were pulled.  The market actually traded lower for the day at one point but quickly turned around before the close.   Thin market conditionsMon, 02 Nov 2009 23:22:01 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v06.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v05.htmlThe U.S. Dollar was generally weaker during the New York session following the release of a better than expected ISM Factory Report.  The report showed that manufacturing was increasing faster than expected.  The factory index rose to 55.7% in October.  This was up from 52.6% in September and above the pre-report estimate of 53%. The only dark spot in the report was the decline in new orders to 58.5%.  It was still above 50 which indicates expansion, but it was down for theMon, 02 Nov 2009 23:20:03 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v05.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v04.htmlA stronger than expected U.S. PMI Report, helped boost U.S. Stock Indices this morning. The report indicated the U.S. economy was expanding and helped relieve some of the bearish pressure that had been building on the markets. Today’s action is most likely short-covering as no major tops were threatened as the markets rallied. The charts indicate that the December E-mini S&P 500 is likely to retrace to 1064.00 to 1072.00 before attracting new selling pressure. The December E-mini Dow held aMon, 02 Nov 2009 18:59:55 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v04.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v03.htmlThe U.S. Dollar opened the overnight trade better but turned lower following a strong PMI number out of China. The New York opening was weak but the Dollar accelerated to the downside after the release of a better than expected U.S. PMI Report. This report showed that the U.S. economy was expanding. Although the Dollar weakened on the news, the selling action was not enough to change the trend to down, but merely indicates a technical retracement of last week’s sharp rally. While the Dollar isMon, 02 Nov 2009 18:40:37 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v02.htmlThe U.S. Dollar is losing ground against most major currencies this morning as traders adjust positions following last week’s shift in sentiment out of higher yielding assets and this week’s slew of key economic reports and central bank meetings. This morning the December Euro is holding above a technical retracement level.  Regaining 1.4771 will be a sign of strength.  The current chart formation suggests a possible rally to 1.4872 to 1.4916.  Key support is at 1.4689.  Mon, 02 Nov 2009 13:28:41 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.htmlThe U.S. Dollar is losing ground against most major currencies this morning as traders adjust positions following last week’s shift in sentiment out of higher yielding assets and this week’s slew of key economic reports and central bank meetings. The most important economic report this week is the U.S. Non-Farm Payrolls and Unemployment Rate Report.  This report will reveal the pulse of the economy.  Last week’s GDP Report came out better than expected but investors want to see ifMon, 02 Nov 2009 13:11:05 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-11-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-31.v02.htmlDecember S&P and NASDAQ stock index futures finished lower for the month while the December Dow eked out a small gain. The closing price reversal tops in the S&P and NASDAQ indicate that the selling is greater than the buying at current levels and set up the possibility for a 2 to 3 month decline.  Today’s sell-off was broad-based, which is another sign that the 10% to 20% correction that analysts have been anticipating may actually be taking place.   December TreasurySat, 31 Oct 2009 01:24:40 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-31.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-31.htmlThe U.S. Dollar posted a strong gain after bearish economic reports this morning triggered a massive sell-off in U.S. equity markets. Investors were encouraged to dump higher yielding assets for the safe haven Greenback. Two different reports indicated a drop in consumer spending and sentiment.  U.S. Personal Income was flat but Personal Spending indicated that consumers are still paying off debt and saving their money.  The drop in the Michigan Sentiment showed that consumers areSat, 31 Oct 2009 01:23:10 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-31.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-30.v06.htmlInvestors are dumping higher yielding assets as the lack of follow-through to the upside in equities encouraged traders to turn into sellers from the start today. A bearish Michigan Sentiment Report is being blamed for igniting today’s break, but the groundwork was laid earlier in the week when the Dollar began to strengthen. Yesterday’s gains in equities have been wiped out and downside momentum indicates that more losses are possible by the close. The better than expected GDP number releasedFri, 30 Oct 2009 18:17:11 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-30.v06.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-30.v05.htmlThe U.S. Dollar is renewing the strength it showed earlier in the week as the market failed to follow-through to the downside following yesterday’s hard sell-off. The lack of follow-through to the upside in many of the higher risk assets like equities and crude oil is also contributing to the weakness. Today’s strength in the Dollar came about when the bears failed to show up this morning. This little hesitation was enough to scare shorts out of the market in a big way. Early this morning itFri, 30 Oct 2009 17:45:14 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-30.v05.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-30.v03.htmlThe Dollar is showing signs of strength this morning.  This could be an indication that traders have out yesterday’s friendly GDP Report behind them and are looking at the future of the economy.  The Dollar traded weaker yesterday after the U.S. Third Quarter GDP came out better than expected.  Looking at the chart formations, however, it doesn’t look like any markets made any significant changes in trend.  It looks as if traders were adjusting positions after the DollarFri, 30 Oct 2009 12:41:00 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-30.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-30.htmlThe U.S. Dollar is rallying after trading mixed most of the night.  Traders are trying to decide if yesterday’ strong rally in the Forex markets was a knee-jerk reaction to the better than expected U.S. GDP Report or if it represents a resumption of the uptrend.    This morning there are several reports starting with Personal Income and Personal Spending.  Most analysts feel these two reports will be negative as the weak economy and high unemployment weight on consumerFri, 30 Oct 2009 12:28:40 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-30.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v06.htmlToday’s surge in the equity futures markets helped stocks recover close to 50% of their recent decline.  This move represents optimism about corporate earnings.  Traders should watch equity markets carefully after the huge run-up today.  The lack of follow-through to the upside could be a sign of weakness, giving traders an excuse to get short again.   December Treasury futures finished the trading day lower.  Today’s bullish GDP report has brought the Fed closer toThu, 29 Oct 2009 22:38:39 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v06.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v05.htmlU.S. GDP improved to 3.5%.  This figure marked the first gain in over a year and was better than pre-report guesses of 3.2%.  Trader appetite for risk soared after the report was released.    The EUR USD is in an uptrend and rallying strong today.  Expectations are for a test of 1.4873 to 1.4918 before new sellers surface.  This currency pair is also in a position to post a bearish closing reversal.    The GBP USD showed the most strength for the secondThu, 29 Oct 2009 22:37:22 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v05.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v04.htmlA bullish U.S. Third Quarter GDP Report this morning has helped launch a strong rally in the December stock index futures. Traders have renewed their demand for higher risk assets after a four-day decline. Technically, the markets are only retracing the recent down move. A close on the high and a follow-through rally tomorrow will be a better indication that the correction is over. Although the report was bullish, it is stale data. Traders want may want to see if the economy continues toThu, 29 Oct 2009 21:05:31 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v04.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v03.htmlA better than expected U.S. Third Quarter GDP Report is sending the Dollar sharply lower at the mid-session. The Dollar was trading weaker prior to the release of the report as many traders thought this week’s rally was too much, too soon. The Dollar plunged to the downside after the report showed a robust increase of 3.5% compared to pre-report guesses of 3.2%. Traders are expressing their satisfaction with the report by renewing their interest in higher yielding assets. This is puttingThu, 29 Oct 2009 20:54:47 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v02.htmlStock index futures are edging slightly higher ahead of this morning’s U.S. Third Quarter GDP Report.  The report is expected to show that increased consumer and government spending helped expand the economy for the first time in over a year.  Pre-report estimates are for this report to show an increase of 3.2%.  A Bloomberg survey shows the possible range of guesses at 2.0% to 4.8%.  The market will move on how much above or below 3.2% the actual number is reported. Thu, 29 Oct 2009 12:04:50 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.htmlTraders are selling the U.S. Dollar overnight ahead of today’s U.S. Third Quarter GDP Report.  Pre-report estimates are for the report to show that the U.S. economy grew at a pace of 3.2%.  This would mark the first increase in over a year.   Although this report is expected to show the economy has recovered from the recession, it will give no indication as to how robust the impending recovery may be.  Growing unemployment is still a major concern for investors.   TheThu, 29 Oct 2009 11:50:44 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-29.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-28.v09.htmlThe U.S. Dollar rallied for the fifth straight day and equities fell for the fourth straight day as investors blew out of higher risk, higher yielding assets.    Equity markets fell sharply as traders are cashing in on the six-month rally on the perception that central banks may begin to pull out of their stimulus programs.  A weaker than expected new home sales report also encouraged selling pressure as traders are now beginning to fear the possibility of a double-dipWed, 28 Oct 2009 23:03:06 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-28.v09.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-28.v08.htmlFor the fourth straight day, investors dumped higher risk assets for the safety of the U.S. Dollar.  Today’s weakness reflects a change in sentiment toward lower yielding assets.  Many investors are beginning to realize that central banks are gearing up to end their stimulus programs and begin considering other ways to remove excess liquidity from their financial systems.  As a result, investors are taking money off the table in the asset classes that benefitted the most fromWed, 28 Oct 2009 23:02:00 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-28.v08.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-28.v07.htmlA weak U.S. housing number is helping to drive down stock prices at the mid-session as economists are now warning of a possible double-dip recession in the economy. Losses in the equity markets are leading to gains in the U.S. Dollar. Today’s durable goods report came out in line with expectations. Today’s action puts further importance on tomorrow’s U.S. Gross Domestic Product report. The December E-mini S&P 500 took out the 50% retracement support at 1056.75 and is now headed to the nextWed, 28 Oct 2009 18:07:59 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-28.v07.htmlhttp://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-28.v06.htmlThe U.S. Dollar is trading higher at the mid-session as weak U.S. housing data is encouraging investors to dump higher yielding assets and seek safety in the Greenback. This morning, stock market losses are clearly triggering the rapid return to the Dollar as a safe-haven investment. Losses in commodity markets especially crude oil are also contributing to the Dollar’s strength. The EUR USD is weakening on liquidation of higher yielding currencies. Based on the main range of 1.4480 to 1.5063,Wed, 28 Oct 2009 17:19:59 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexhound.com (ForexHound.com)http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/2009-10-28.v06.html