ARA FOREX LTD
Strong Durable Goods Fail to Boost Dollar, Yen Taking the Driving Seat

Strong Durable Goods Fail to Boost Dollar, Yen Taking the Driving Seat

Yen takes the driving seat from Dollar today as markets could be turning into risk averse mode. The greenback is...
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Dollar Surges on Flight to Quality Flows, EUR/USD Breaks Key Support

Dollar Surges on Flight to Quality Flows, EUR/USD Breaks Key Support

It appears that the global economy is now running at two different speed. US is maintaining firm momentum despite all...
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BOC Erases Rate Hike Possibility in Near- to Medium- Term

BOC Erases Rate Hike Possibility in Near- to Medium- Term

BOC sent a mixed message in its April meeting. As shown in the accompanying statement, it has turned more dovish...
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US Crude Oil Inventory Increased Four Times More than Expected

US Crude Oil Inventory Increased Four Times More than Expected

The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks...
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Euro Weakens as German 10-Year Yield Threatens to Turn Negative, Swiss Franc Rebound

Euro Weakens as German 10-Year Yield Threatens to Turn Negative, Swiss Franc Rebound

Swiss Franc regains much ground today in mixed financial markets. Optimism over US corporate earnings had virtually no impact in...
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Australian Dollar in Free Fall after Big CPI Miss, BoC Watched Today

Australian Dollar in Free Fall after Big CPI Miss, BoC Watched Today

Australian Dollar is overwhelmingly the worst performing one today. It suffers heavy selling after much weaker than expected CPI raises...
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Dollar Surges Broadly on Earning Optimism, Gold Extends Decline

Dollar Surges Broadly on Earning Optimism, Gold Extends Decline

Dollar rises broadly in early US session as traders seem preparing for solid Q1 earnings reports in US. Stocks indices...
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Forex Markets Tread Water as Impact of Oil Rally Fades

Forex Markets Tread Water as Impact of Oil Rally Fades

The forex markets remain relatively quiet in Asian session today. Canadian Dollar surged briefly yesterday as lifted by rally in...
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Canadian Dollar Pulled Higher by Oil, But Cautious ahead of BoC

Canadian Dollar Pulled Higher by Oil, But Cautious ahead of BoC

Canadian Dollar open the week generally higher, as helped by strong rally in oil price, on supply concern. Though, the...
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CFTC Commitments of Traders – Net Length for Precious Metals Trimmed Markedly as Yields Soared

CFTC Commitments of Traders – Net Length for Precious Metals Trimmed Markedly as Yields Soared

According to the CFTC Commitments of Traders report for the week ended April 16,  NET LENGTH for crude oil futures...
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