About the Author
Michael Boutros
Michael Boutros, Currency Analyst for DailyFX.com is a Technical/Fundamental Analyst specializing in the FX markets. E-mail: mboutros@fxcm.com.
Twitter: @MBForex
WEB: www.DailyFX.com
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By Michael Boutros |
August 27, 2012
The Canadian dollar is the top performer against the greenback ahead of the European close with an advance of 0.27% despite broader strength in the dollar across the commodity bloc.
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By Michael Boutros |
August 24, 2012
The Australian dollar is the weakest performer for a second consecutive session with a decline of 0.53% after moving 85% of its daily average true range.
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By Michael Boutros |
August 13, 2012
The euro is the strongest performing currency against the US dollar at the close of European trade with an advance of 0.47% on the session.
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By Michael Boutros |
August 10, 2012
The yen is stronger against all its major counterparts today as real positive interest rates in Japan continue to increase the appeal of the low yielder as a store of wealth.
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By Michael Boutros |
July 24, 2012
The euro is the weakest performer at the close of European trade with a decline of 0.39% on the session. The single currency has now triggered our initial objective at the 50% Fibonacci extension.
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By Michael Boutros |
July 23, 2012
Equity markets kicked off the week substantially weaker across the board with ongoing concerns over rising yields on Spanish debt and a possible Greek exit prompting risk-aversion flows to the benefit of the Japanese yen and the dollar.
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By Michael Boutros |
July 10, 2012
Risk appetite is on the rebound in European trade with equity markets in the black across the board after EU leaders announced they would give Spain an extra year to achieve its 3% budget deficit target.
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By Michael Boutros |
July 9, 2012
The British pound is the top performer at the close of European trade with an advance of 0.14% on the session.
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By Michael Boutros |
July 3, 2012
The Canadian dollar is the top performer at the close of European trade with an advance of 0.46% on the session.
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By Michael Boutros |
July 2, 2012
The Japanese yen is the top performer against the dollar at the close of European trade with an advance of 0.54% on the session
