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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//technical/market-view/daily-market-outlook/index.xml"><channel><title>Daily Market Outlook</title><description /><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/</link><image><title>Technical Analysis</title><link>http://www.fxstreet.com/technical/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-11-06.v02.html</link><description>Market Review - 05/11/2009 21:57 All times in GMT &amp;nbsp;&amp;nbsp; Dollar ends little changed ahead of U.S. job data The dollar ended mixed against major currencies on Thursday as investors closed positions and stayed on the sidelines a day before release of the key U.S. jobs data. The Labour Department reported that U.S. weekly jobless claims fell to a 10-month low of 512,000, well below the economists' forecast of 523,000 and revised 532,000 for the previous week. The greenback rebounded</description><pubDate>Fri, 06 Nov 2009 00:26:51 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-11-06.v02.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-11-04.html</link><description>&amp;nbsp; Market Review - 03/11/2009 22:05 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar rises against euro on concerns over the health of the global banking sector The greenback strengthened against euro on Tuesday as the disappointing earning reports from UBS coupled with a reorganisation of U.K. banks Lloyds and Royal Bank of Scotland increased the dollar's safe-haven appeal. In late European afternoon, the ICE futures U.S. dollar index hit its highest since early October at 76.817</description><pubDate>Wed, 04 Nov 2009 04:42:08 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-11-04.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-11-02.html</link><description>&amp;nbsp; Market Review - 30/10/2009 20:59 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar and yen rise broadly on heavy selling in U.S. stocks The dollar and the Japanese yen rallied against most of their counterparts as a fall in U.S. personal spending raised concerns over the global economic recovery may stall, boosting strong demand for safe-haven assets. U.S. personal spending dropped by 0.5% in September, the biggest decline in nine months. Major U.S. indexes tumbled more than 2%,</description><pubDate>Mon, 02 Nov 2009 01:00:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-11-02.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-27.html</link><description>&amp;nbsp; Market Review - 26/10/2009 22:22 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar rises broadly as falling U.S. stocks boosts demand for safe-haven assets Dollar rallied against euro as a 104-point drop in the Dow Industrial index (following Friday's 109-point decline) and falling commodity prices decreased demand for higher-yielding assets. Oil prices also dropped $1.93 to $78.57 per barrel. Aud/usd tumbled from 0.9277 to 0.9125 and nzd/usd dropped from 0.7568 to 0.7452 in late</description><pubDate>Tue, 27 Oct 2009 03:01:24 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-27.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-23.html</link><description>&amp;nbsp; Market Review - 22/10/2009 22:08 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar hovers near 14-month low against euro on rally in U.S. stocks The dollar traded near a 14-month low on Thursday despite recovering earlier in the day on profit taking. Although U.S. jobless claims data came out worse than expected at 531,000 compared to 520,000 in the prior week, the rebound in U.S. financial stocks and upbeat earnings reports from a number of Dow components pushed the Dow back</description><pubDate>Fri, 23 Oct 2009 06:25:33 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-23.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-22.html</link><description>&amp;nbsp;&amp;nbsp; Market Review - 21/10/2009 22:09 All times in GMT &amp;nbsp;&amp;nbsp; Euro rallies above 1.5000 for the first time since August 2008 on low U.S. interest rate expectations The
dollar fell broadly except the Japanese yen on Wednesday on increasing
speculation that the Federal Reserve would hold U.S. interest rates
near zero level for some time. The ICE futures U.S. dollar index, which
tracks the greenback against a basket of six major currencies, hit a
fresh 14-month low of 74.94.</description><pubDate>Thu, 22 Oct 2009 02:45:09 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-22.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-20.html</link><description>&amp;nbsp; Market Review - 19/10/2009 22:18 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar falls as Fed signals interest rates will remain near zero in the near future The dollar declined on Monday as the Federal Reserve signaled that borrowing costs would remain at a record low in the near future. The Federal Reserve Bank of New York said in its statement that 'no inference should be drawn' as to policy tightening. In addition, optimism over earnings encouraged investors to buy riskier</description><pubDate>Tue, 20 Oct 2009 00:26:26 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-20.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-19.html</link><description>Market Review - 16/10/2009 20:38 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar rebounds against high-yielding currencies on weekend short-covering The greenback rebounded against high-yielding currencies like euro, aussie and kiwi from fresh year lows (1.4968, 0.9271 and 0.7496 respectively) due to short-covering and falling equities. The earnings report for Bank of America turned out to be weaker than expected (a loss of $1 billion was reported for Q3 compared to a net profit of</description><pubDate>Mon, 19 Oct 2009 00:29:51 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-19.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-14.html</link><description>&amp;nbsp; Market Review - 13/10/2009 21:00 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Euro rises to 14-month high on dollar's broad-based weakness Euro advanced to another fresh 2009 high of 1.4876, also the highest level since the bankruptcy of Lehman Brothers in 2008, undermining dollar's safe-haven appeal during financial crisis. The greenback fell broadly as hopes of recovery spurred buying in high-yielding currencies, aussie dollar and loonie reached fresh 2009 year high of 0.9127 and</description><pubDate>Wed, 14 Oct 2009 04:22:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-14.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-13.html</link><description>Market Review - 12/10/2009 20:58 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar falls on recovery hopes and diversification in central banks reserves The greenback declined on Monday due to President Obama's top economic adviser's comments on recovery and reports showing that global central banks are diversifying their reserve currencies by reducing the portion of U.S. dollar. Obama's top economic advisor Larry Summers said the U.S. is on the path toward recovery, conditions in</description><pubDate>Tue, 13 Oct 2009 08:10:22 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-13.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-12.html</link><description>&amp;nbsp;Market Review - 09/10/2009 22:20 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; The greenback rises broadly on Ben Bernanke's dollar-positive comments The greenback rebounded versus a basket of currencies on Friday as Federal Reserve Chairman Ben S. Bernanke said the Fed will need to tighten monetary policy to prevent the emergence of an inflation problem down the road as economic recovery takes hold. The U.S. currency rallied against the Japanese yen to 89.90 in late New York although</description><pubDate>Mon, 12 Oct 2009 01:28:43 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-12.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-09.html</link><description>&amp;nbsp; Market Review - 08/10/2009 20:53 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar declines as hopes on recovery spurred risk demand The greenback declined against high-yielding currencies on Thursday as signs of global economic recovery supported the demand on risky assets. U.S. jobless claims came out at 521,000 which is better than forecast figure of 545,000, Dow Jones Index rose 61 points to end at 9786 level. Aussie and kiwi made another fresh 2009 high of 0.9092 and 0.7457</description><pubDate>Fri, 09 Oct 2009 01:21:20 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-09.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-08.html</link><description>&amp;nbsp;Market Review - 07/10/2009 20:17 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar rebounds against euro on short covering and weak European GDP data The greenback rebounded against euro and Swiss franc on Wednesday due to short-covering amid thin trading volume and weaker-than-expected GDP data in Eurozone. Eurozone GDP in the second quarter came out at -0.2%, worse than the expected figure of -0.1% (while yearly figure came out as -4.8%, also worse than forecast of -4.7%).</description><pubDate>Thu, 08 Oct 2009 06:11:08 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-08.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-07.html</link><description>&amp;nbsp;Market Review - 06/10/2009 20:16 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar falls broadly as RBA's rate decision boosts recovery hopes The greenback declined against it's major counterparts (except sterling) on Tuesday as RBA became the first central bank among the Group of 20 nations to raise interest rates since the financial crisis began by raising the cash rate by 25 basis points to 3.25%. The RBA statement showed the global economy is resuming growth and unemployment has</description><pubDate>Wed, 07 Oct 2009 00:50:28 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-07.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-06.html</link><description>&amp;nbsp;&amp;nbsp; Market Review - 05/10/2009 21:03 All times in GMT &amp;nbsp;&amp;nbsp; Dollar falls against high-yielding currencies on rising stocks and strong data The greenback declined against high-yielding currencies on Monday as better-than-expected U.S. data encouraged investors to purchase riskier assets. Dow Jones Index gained 112 points to end at 9599 level. U.S. ISM non-manufacturing data rose to 50.9 in September, the first time to climb above the 50 level (threshold between contraction n</description><pubDate>Tue, 06 Oct 2009 00:10:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-06.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-05.html</link><description>&amp;nbsp; Market Review - 02/10/2009 22:13 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar declines versus euro as weak jobs report increases bet on low U.S. interest rates view The greenback fell against most of its counterparts on Friday as the weaker-than-expected U.S. jobs data reinforced expectation that the Fed will keep the interest rates near zero for some time. U.S. employers cut 263,000 jobs in September compared to the economists forecast of 180,000, while the unemployment rate</description><pubDate>Mon, 05 Oct 2009 01:17:25 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-05.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-02.html</link><description>&amp;nbsp; Market Review - 01/10/2009 20:47 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Euro declines on dovish comments and falling equities The single currency dropped against the greenback on Thursday due to weak equities and dovish comments from EU's Almunia and ECB's Trichet. Almunia, the commissioner for economic and financial affairs said that euro's appreciation will be discussed ahead of the G-7 meeting and he was not sure if 2011 was the time to withdraw fiscal stimulus. Euro fell</description><pubDate>Fri, 02 Oct 2009 01:15:53 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-10-02.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-30.html</link><description>&amp;nbsp; Market Review - 29/09/2009 20:22 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Yen retreats as Fujii rebuffs previous non-intervening stance The Japanese yen retreated for the second day against the greenback amid thin trading volume ahead of quarter-end. In early Asian trading, Japan Finance Minister Hirohisa Fujii rebuffed his previous non-intervening stance, saying that 'present currency moves are too sudden' and 'currency intervention is possible under extreme circumstances'.</description><pubDate>Wed, 30 Sep 2009 02:50:22 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-30.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-29.html</link><description>&amp;nbsp; Market Review - 28/09/2009 20:50 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Yen rises to 8-month high on Japan Finance Minister's comments The Japanese yen rose briefly to its 8-month high against the dollar on Monday morning due to Japan Finance Minister Hirohisa Fujii's comments and decline in regional equities (quarter-end repatriation from exporters also gave support to the yen). Before Tokyo opening, Fujii gave comments that 'the Japanese currency’s moves are not excessive'</description><pubDate>Tue, 29 Sep 2009 07:30:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-29.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-28.html</link><description>&amp;nbsp; Market Review - 25/09/2009 20:42 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Yen rallies broadly as Japan's Finance Minister restates his anti-intervention stance in G-20 summit The Japanese yen rallied against its major counterparts on Friday as the new Japan's Finance Minister Hirohisa Fujii was quoted in the G-20 meeting that 'he opposed deliberately weakening the yen and any other currency'. His statement was interpreted by traders as a 'green light' to sell the dollar-yen and</description><pubDate>Mon, 28 Sep 2009 01:00:34 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-28.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-25.html</link><description>&amp;nbsp; Market Review - 24/09/2009 20:45 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar rises broadly as weak home sales data and G20 meeting decreases risk appetite The greenback staged its second day of rebound on Thursday as the housing data from U.S. was unexpectedly weak. Existing home sales came out at 5.10M and a decrease of 2.7% month-on-month in August, worse than the forecast figures of 5.35M and an increase of 2.1% respectively. Investors were shocked by the weak housing</description><pubDate>Fri, 25 Sep 2009 01:38:02 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-25.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-24.html</link><description>&amp;nbsp; Market Review - 23/09/2009 21:03 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar rebounds as Fed extends asset purchases to early 2010 The greenback rebounded in late U.S. session on Wednesday after the FOMC announcement that rates are likely to stay low for sometime (target rates unchanged at 0-0.25% as widely expected) and stated that it would extend its mortgage debt purchasing program to the first quarter of 2010 as economic activity has picked up following a severe downturn.</description><pubDate>Thu, 24 Sep 2009 07:08:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-24.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-23.html</link><description>&amp;nbsp; Market Review - 22/09/2009 20:57 &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; All times in GMT &amp;nbsp; Dollar falls broadly as economic recovery hopes remain The greenback fell across the board on Tuesday as optimism on economic recovery spurred continued purchases in high-yielding assets. 3-month U.S. LIBOR slid below the rate for the Swiss franc for the first time since November 2008, making dollar the cheapest currency to fund buying in risky assets. USD/CHF penetrated last week's 1.0275 low and fell to a</description><pubDate>Wed, 23 Sep 2009 03:21:34 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-23.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-21.html</link><description>&amp;nbsp; Market Review - 18/09/2009 22:13 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; The British pound tumbles against the dollar due to worries on U.K. banking industry The British pound slumped on Friday for the second day in a row versus the greenback as investors’ concerns over the U.K. banking industry increased following the press report that Lloyds Banking Group was looking for alternatives to the Government’s asset protection scheme. Sterling started to decline from an intra-day</description><pubDate>Mon, 21 Sep 2009 00:31:14 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-21.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-18.html</link><description>&amp;nbsp; Market Review - 17/09/2009 20:33 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar falls to fresh 2009 lows against euro and Swiss franc as robust U.S. data boosts risk appetite The greenback declined again versus the euro and Swiss franc on Thursday as the latest batch of U.S. economic data improved investors’ appetite for riskier assets and reduced the safe-haven appeal of the U.S. currency. Weekly jobless claims dropped surprisingly to 545,000 from a revised 557,000 figure</description><pubDate>Fri, 18 Sep 2009 00:12:36 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-18.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-17.v02.html</link><description>Market Review - 16/09/2009 20:13 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Euro reaches another fresh 2009 high on rallies in equities and commodities The single currency rose to another fresh 2009 high on Wednesday as strong U.S. data boosted risk appetite, encouraged investors to buy risky assets. U.S. CPI came out at an increase of 0.4% monthly and a decrease of 1.5% year-on year (both better than forecast of 0.3% and –1.7% respectively). Dow Jones Industrial Average Index rallied</description><pubDate>Thu, 17 Sep 2009 01:24:06 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-17.v02.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-16.html</link><description>&amp;nbsp; Market Review - 15/09/2009 20:31 All times in GMT &amp;nbsp;&amp;nbsp; Euro rises to fresh 2009 high as strong U.S. retail data boosts recovery hopes The single currency rose to another fresh 2009 high on Tuesday as strong U.S. retail data boosted risk appetite and encouraged investors to buy risky assets. Federal Reserve Chairman Ben Bernanke said a U.S. 'shadow banking system' that let banks package loans into securities is likely to be smaller and simpler when the current crisis</description><pubDate>Wed, 16 Sep 2009 00:26:59 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-16.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-14.html</link><description>Market Review - 11/09/2009 20:33 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar extends weekly losses on strong U.S. data The greenback remained under pressure against its major counterparts on Friday and extended its weekly losses on strong U.S. economic data. University of Michigan consumer sentiment survey index unexpectedly rose to 70.2 fm 65.7 last month, beating the consensus forecast of 67.3, while wholesale inventories decreased for the eleventh month at a rate of 1.4%, more</description><pubDate>Mon, 14 Sep 2009 00:47:03 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-14.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-11.html</link><description>Market Review - 10/09/2009 21:55 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar falls to another fresh 2009 low versus major currencies on continued risk appetite The greenback remained under pressure against major currencies on Thursday and fell to another fresh 2009 lows versus euro n Swiss franc on continued purchase in risky assets as optimism on economic recovery remained. Jobless claims in U.S. came out at an increase of 550,000, less than previous week (revised to 576,000) and</description><pubDate>Fri, 11 Sep 2009 01:06:40 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-11.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-10.html</link><description>&amp;nbsp; Market Review - 09/09/2009 21:14 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar remains under pressure as risk appetite continues to increase The greenback remained under pressure on Wednesday as the rise in equities and commodities encouraged further risk appetite and investors continued to purchase high-yielding assets on hopes of global economic recovery. &amp;nbsp; &amp;nbsp; Cable dropped to 1.6455 in European opening on cross selling versus euro n then rose again in line with</description><pubDate>Thu, 10 Sep 2009 09:36:09 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-10.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-09.html</link><description>&amp;nbsp; Market Review - 08/09/2009 21:21 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar declines broadly as risk appetite boosts demand for high-yielding assets The greenback fell broadly against its major counterparts on Tuesday as investors’ remained hopeful on global economic recovery after weekend's G20 meeting in the U.K. and continued to purchase risky assets. High-yielding currencies like euro, aussie and kiwi reached fresh highs of 2009, while gold rallied above $1000 an ounce</description><pubDate>Wed, 09 Sep 2009 04:37:45 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-09.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-08.html</link><description>&amp;nbsp;Market Review - 07/09/2009 18:19 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT Euro and aussie rise on improved risk appetite; Sterling falls ahead of Thursday's Bank of England rate decision The euro rose on Monday along with commodity currencies such as the Australian, New Zealand and Canadian dollars following the weekend's G-20 meeting in which finance ministers agreed to maintain their expansionary monetary policy, however, trading volume was relatively thin due to the Labour Day holiday</description><pubDate>Tue, 08 Sep 2009 07:53:48 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-08.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-07.html</link><description>Market Review - 04/09/2009 20:34 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar and yen fall as risk appetite returns after U.S. payrolls data Despite initial dollar's broad-based weakness after release of U.S. jobs data as the unemployment rate climbed unexpectedly to 9.7% vs forecast of 9.5%, the highest level since 1983, investors shrugged off this bad number when U.S. stocks prices started to rise. The greenback and yen weakened against most of their major counterparts as investors</description><pubDate>Mon, 07 Sep 2009 01:42:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-07.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-04.html</link><description>&amp;nbsp; Market Review - 03/09/2009 20:44 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar moves independently against major currencies, euro falls on ECB’s dovish comments The greenback lacked direction and moved independently against its major counterparts on Thursday as economic figures were mixed (ISM non-manufacturing index beat the forecast while jobless claims were slightly worse than forecast). Euro weakened as comments from ECB’s Trichet were interpreted as mildly dovish and the</description><pubDate>Fri, 04 Sep 2009 00:22:25 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-04.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-03.html</link><description>Market Review - 02/09/2009 21:06 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar falls broadly due to weak employment data The greenback declined broadly on Wednesday as weaker-than-expected ADP employment data raised concerns on U.S. economic recovery. Companies eliminated 298,000 workers in August (worse than forecast of 250,000 cut) after a revised drop of 360,000 in the previous month. However, the meeting minutes of FOMC in August stated that the U.S. economy recession is coming</description><pubDate>Thu, 03 Sep 2009 00:19:00 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-03.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-02.v03.html</link><description>&amp;nbsp; Market Review - 01/09/2009 20:36 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar n yen rise on weak equities due to fears of bank failures The Japanese yen and dollar rose on Tuesday as fears of further U.S. bank failures overshadowed the unexpectedly strong U.S. ISM manufacturing data (52.9 in August, higher than forecast of 50.5), which gave a boost on the two currencies' safe-haven appeal. Global major stock markets tumbled on renewed risk aversion and terribly weak</description><pubDate>Wed, 02 Sep 2009 03:14:43 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-02.v03.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-01.html</link><description>&amp;nbsp; Market Review - 31/08/2009 19:42 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Japanese yen rallies due to decline in global stock markets The Japanese yen advanced versus all of its major counterparts on Monday as decline in global stock markets from China to the U.S. prompted investors to flock out of higher-yielding assets and took refuge in the Japanese currency. The landslide victory on Sunday by the Democratic Party of Japan (or DPJ) also gave an initial boost to the yen in</description><pubDate>Tue, 01 Sep 2009 02:35:24 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-09-01.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-08-31.html</link><description>&amp;nbsp; Market Review - 28/08/2009 22:10 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar and yen recover against other currencies as weak U.S. consumer confidence boosts demand for safe-haven asset The greenback and the Japanese yen recouped previous day's losses against other major currencies as U.S. consumer confidence fell to its lowest in four months on concerns over high unemployment and dismal personal finances, increasing demand for the dollar as safe-haven asset. The University</description><pubDate>Mon, 31 Aug 2009 03:52:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-08-31.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-08-28.html</link><description>&amp;nbsp; Market Review - 27/08/2009 22:14 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar declined broadly as recovery in Wall Street stocks eased concerns on global recovery Dollar fell against a basket of currencies on Thursday as Dow Jones index recovered after initial decline together with rebound in price of oil, encouraged investors to be more risk-aggressive. Earlier in New York morning, the dollar rose against euro although U.S. GDP came out slightly better-than-expected and</description><pubDate>Fri, 28 Aug 2009 03:39:03 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-08-28.html</guid></item><item><title>Daily Market Outlook</title><link>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-08-27.html</link><description>&amp;nbsp; Market Review - 26/08/2009 21:55 &amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;All times in GMT &amp;nbsp; Dollar rises broadly as Chinese curbs on redundant investments may slow down global recovery Dollar and yen rose against a basket of currencies on Wednesday as news that China would limit industrial overcapacity raised concerns over the sustainability of the current economic recovery and offset the positive impact of data showing a jump in new U.S. home sales. Although U.S. durable goods orders surged in</description><pubDate>Thu, 27 Aug 2009 09:05:44 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/market-view/">http://www.fxstreet.com/technical/market-view/</category><author>cs@acetrader.com (AceTrader)</author><guid>http://www.fxstreet.com/technical/market-view/daily-market-outlook/2009-08-27.html</guid></item></channel></rss>