Forex Strategy Outlook: US Dollar Likely to Move Sharply Against Euro (Daily FX via Yahoo! Finance)
Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming weeks’ trade. In fact, implied volatility levels on 3-month Euro/US Dollar options now trade near their highest levels since July, 2009 and underline market fears of continued volatility.

Your Source for Daily FOREX Market News and Analysis (Daily FX)
Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming weeks’ trade.

Forex market continues to attract local investors (Zawya)
The UAE investors continued actively trading in foreign exchange (forex) currency markets in 2009 even as worldwide volumes took a hit, said a senior executive of a Swiss-based online foreign currency broker.

FOREX-Euro gains as market speculate on Greek rescue (Reuters via Yahoo! Singapore News)
* Trichet to return to Europe to attend EU council meeting

Your Source for Daily FOREX Market News and Analysis (Daily FX)
USD/CHF : The latest break back above 1.0500 suggests that the market has now carved out a major base that exposes some fresh medium-term upside towards 1.1000 over the coming days.

Your Source for Daily FOREX Market News and Analysis (Daily FX)
USD/JPY: Last Thursday’s violent pullback certainly dents our shift in outlook in which we had been projecting significant upside over the medium-term. However, the market has still not managed to close below 89.00 and it will be interesting to see how things play out from here.

Forex daily technical analysis - February 8 (MENAFN)
Forex daily technical analysis - February 8

Your Source for Daily FOREX Market News and Analysis (Daily FX)
GBP/JPY : Thursday’s violent pullback has brought the cross back to some familiar range lows in the 140.00 area and it will be interesting to see how the market responds from here.

Your Source for Daily FOREX Market News and Analysis (Daily FX)
GBP/USD : The market has finally taken out the key October lows just over 1.5700 to likely open the door for some medium-term setbacks over the coming weeks.

Your Source for Daily FOREX Market News and Analysis (Daily FX)
NZD/USD : Although it is less prominent than in Aud/Usd, the market here has also arguably carved out a major double top that ultimately projects a fresh wave of declines down towards 0.6500 over the coming weeks.

Foreign exchange market - Wikipedia, the free encyclopedia
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies.

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