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GFT Daily Market Commentary Forex Market Commentary for April 14, 2008 by Cornelius Luca. GFT Daily Market Commentary. The dollar fell across the board on Friday, except against the pound. The dollar should see some weakness today, but choppy trading should ... Go to Full Article
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Forex Technical Analysis for 04/14—04/18 Week EUR/USD trend: buy. GBP/USD trend: sell. USD/JPY trend: sell. EUR/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.5368 1.5498 1.5652 1.5782 1.5936 1.6066 1.6220 GBP/USD 1.9274 ... Go to Full...
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G7 Statement: Sharper Stance on Currencies The G7 Statement from the meeting of Finance Ministers and Central Bankers were released on Friday and judging from the language, the attendees are worried... Go to Full Article
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G7 Statement: Sharper Stance on Currencies The G7 Statement from the meeting of Finance Ministers and Central Bankers were released on Friday and judging from the language, the attendees are worried about growth, the problems in the financial markets AND the fluctuations in ... Go to Full Article
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Forex Video - US Dollar Remains Weak as Consumption Prospects Fade, What Will the G7 Say? See the article... Go to Full Article
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US Dollar Rebound Cut Short by Dismal Consumer Confidence US dollar pessimism heightened as consumer confidence in the US plunged to a 26-year low, and led to increased bets of additional rate cuts as the economy... Go to Full Article
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Big Week Ahead for the US Dollar - British Pound Falls to a Record Low - Breakout Expected in the Euro Go to Full Article
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British Pound Falls to a Record Low The British pound dropped to a record low against the Euro as problems continue to plague the UK mortgage sector. Last month, I indicated that the British... Go to Full Article
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Australian, New Zealand and Canadian Dollars Drop in Rising Risk Aversion Rising risk aversion and the 250 point drop in the Dow has driven the Australian, New Zealand and Canadian dollars lower against the greenback. Go to Full Article
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Yen Crosses Rally Ahead of G7 After a week of relatively consistent losses, the Japanese Yen had an unexpected gain today on the unwinding of carry trades. Go to Full Article
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US Dollar: Bearish Potential Looms as US Advance Retail Sales Could Disappoint US economic data is expected to show that Advance Retail Sales rose 0.1 percent in March after plunging 0.6 percent during the month prior, but given the... Go to Full Article
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Daily Market Commentary - GCI Financial EURO. The euro strengthened vis-Ã*-vis the US dollar today as the single currency tested offers around the US$ 1.5855 level and was supported around the $1.5740 level. The common currency reclaimed some of yesterday’s lost ground ahead ... Go to Full...
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MetaTrader Indicators Update Two new MetaTrader indicators are now available for download from my site. Both indicators come from forex-tsd.com forums. They are very different, but they both looked quite interesting and useful to me. Murrey Math Line X — indicates ... Go to Full Article
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Forex Trading - G7 more pre- meeting statements G-7 Meets as Trichet, King, Paulson Warn of Greater Credit-Crisis; World Bank, IMF Warn Accelerating Inflation Poses Increased Poverty Threat; Darling to Call For Bigger IMF Role in Supervising World Financial Markets (Darling UK ... Go to Full...
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Forex Trading - This week closing - with G7 looming - Into 3rd q ... As we close the week. Dow closing very heavy down 240; GE earnings set it lower; next week most US regional banks will report earnings all week; many major corp will report next week JP Morgan for one. Central bank watch ... Go...
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