Earnings Season Starts With Disappointment Three “A” companies - Advanced Micro Devices (AMD: 6.34 0.00 0.00%), Alcoa (ALU: 6.41 0.00 0.00%) and Aeon - have all reported declining sales or profit. This is a fitting way to start the earnings reporting season and it is very ... Go to...

Catching a brake I was trying to catch big brake through 750 on gbp/usd but it came later. I was trading half size. Check out how second trade was spiked out of the market. +1 pip. Go to Full Article

Forex Trading: EUR/GBP convincingly paid... EUR/GBP getting paid on a longer term chart, and with the negative data that came out of the UK today, we may see the pair continue to trend higher. A perfect scenario for the pair is confidence in the ECB's policy and a further offer ... Go to...

Forex Trading: USD/CAD looking bid on a daily... USD/CAD looking bid on a daily with stochastics positively converged though there is well established resistance above in the formation shown: Go to Full Article

Forex Trading News: EUR Approaches Record Highs Vs. Pound Today after the troubling UK Housing data, the EUR came within PIPS of a new record high vs. the GBP. This data should reaffirm any doubters about the Interest Rate Cuts for the Bank of England scheduled April 10. ... Go to Full...

Forex Trading: GBP/JPY destroyed... GBP/JPY destroyed once again after having tumbled ~200 pts as shown: Go to Full Article

Forex Trading: USD/JPY trying to get a bounce... USD/JPY trying to get a bounce out of the 80 level after having been given from 102.40. It seems at this point that it may try to retrace to the figure: Go to Full Article

European Mid Morning Update 8th April 2008 Forex talks the talk but no one is walking the walk… Releases from Japan: Prior Current March Eco Watchers Survey: Current 33.6 36.9 March Eco Watchers Survey: Outlook 39.5 38.2. The survey of “traders on the street” including taxi and ... ...

Forex Trading: EUR/USD looking very bid EUR/USD looking very bid, having found support on a short term trendline. It's still unclear though whether it will have enough steam to take out yesterday's highs. Go to Full Article

Forex Trading News: Halifax House Price Index Released Well Below ... The Halifax House Price Index come out at -2.5% from the previous -0.3%. The forecast was also for -0.3%. This low number dropped the GBPUSD about 25 PIPS instantly, while GBPJPY dropped over 40 PIPS. Go to Full Article

One Euro trade Monday, I had a couple of currency pairs in my box. Generally, I am bullish about Aussie dollar, EURO, and kinda bearish about GBP. I went in for long positions with EURUSD, AUDUSD, and do a intraday short of GBPUSD. ... Go to Full Article

Forex Trading News: Halifax House Price Index Preview At 3:00 AM the Halifax House Price Index is released. This number gauges the monthly change in the average sale price of homes based on the lending of the UK's largest mortgage lender. House prices fell -0.3% in February. ... Go to...

European Morning Update 8th April 2008 Dollar soft but off lows in Asian trading. Releases from Australia:. Prior Current March NAB Business Confidence - 2.0 - 4.0 March NAB Business Conditions 11.0 7.0. Following on from yesterday’s softer data from Australia the NAB ... Go to Full...

Forex Trading News: EURUSD Rises On Speculation Of No Cut The EURUSD hit week highs earlier in the night on speculation that Thursday's (April 10) Interest Rate Announcement will result in no change once again. This assumption comes with some surprise as there has been some talk that the ECB...

Forex Trading News: JPY Econ. Watchers Current Index Released The JPY Economy Watchers Current Index comes out at 36.9 from the previous 33.6. This number was forecast for a rise at 36.0. This number gauges the current mood of companies that directly service customers. A number above 50...