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Forex News; US Retail Sales +0.2%. Previous Month revised to -0.4 ...
Ex autos +0.1% and previous month revised to -0.1% from -0.2%. All are better than expectations. Stocks doing a little better.
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Pro Commentary Lite ... 14th April 2008 ... EURJPY
Daily Bullish: Friday saw gains stall between the 161.15 and 161.70 resistance points to generate a stronger decline. I suspect the first part of the decline is complete at 158.42-58 and this should generate a correction higher above ...
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European Morning Update 14th April 2008
Following the spike higher the Dollar has consolidated in Asia. Releases from Australia: Forecast Actual February Home Loans (MoM) +0.5% - 5.9% February Investment Lending (MoM) - 9.5%. Global fears have certainly reached the Australian ...
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European Mid Morning Update 14th April 2008
Action and reaction requires the removal of inertia. News from Europe:. The Bank of France has retained its estimate of Q1 GDP at +0.4% based on a survey of business leaders. On Friday the central bank released its business sentiment ...
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UK Pound Makes Gains in Currency Trading
Forex trading with the sterlingThe UK pound is making gains in currency trading on the FX market this morning. Economic data shows theat inflation and UK factory prices are on the rise. In forex trading, this is likely to support the ...
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US Dollar Rates in Forex Trading
Greenback mostly down in currency tradingUS dollar rates are mostly lower in forex trading this morning. Even though the US dollar got a bit of a bump against the euro from the G7 meeting, that is largely capped by now. ...
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Forex Trading Strategy: Asian Currencies
G7 meeting takes focus to US dollarForex trading strategy should keep in mind that Asian currencies are dropping this morning after the G7 meeting focused so much on US dollar weakness in currency trading on the FX market. ...
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Forex Trading Forecast: Euro/US Dollar
Currency trading on the FX marketThe forex trading forecast for the euro/US dollar is for the US dollar should begin dropping again. Even though the greenabck got a bit of a boost in currency trading on the FX market following the G7 ...
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Advantages Currency Trading
Benefits of forex tradingThere are many advantages to currency trading on the FX market. Here are some of the benefits of forex trading:. Largest and most liquid market in the world. Possible to short. Open 24 hours from Sunday evening ...
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Forex Trading: GBP/JPY getting paid thoroughly...
GBP/JPY getting paid thoroughly but there is technical & psychological resistance nearby. Uncertain at this point as to whether it will continue higher.
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Forex Trading: EUR/JPY wow...
EUR/JPY doesn't want to stop, as it gets firmly paid on the back of a higher component (EUR/USD) which was bid through harsh resistance. Surprisingly, not enough JPY bid in EUR/JPY to help GBP/JPY out at all, as it goes 47 offer.
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Forex Trading News: Dollar Loses All Advances Gained From G7
The USD has officially lost all ground it took back when the G7 recognizied the alarming situation with the USD. While the G7's results caused a great gap upon Sunday's open in many of the pairs (ultimately strengthening the USD),...
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Forex News: US Retail Sales due out at 8:30 PM
At 8:30 AM on Monday the US Retail Sales data for March will be released. Last month retail sales fell 0.6%. Ex Auto the figure came in at -0.2%. The last three months of retail sales have had a decline of 0.7% a gain of 0.4% and a ...
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Forex Video News: Economic Releases for Week of April 14th 2008 by ...
Now that the G7 meeting is over, the key economic events and releases will be take over. For a review of the key events click on the link below.
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US Dollar Shrugs Off Unexpected Rise In Retail Sales
US retail sales came out better than forecast on Monday, increasing by 0.2% in March. Sales declined a revised 0.4% in February, instead of an initially estimated 0.6% decline. The majority of the market has expected sales to fall by ...
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