Forex Trading: USDCAD moves higher off the weaker housing. Ignores ... The USDCAD is testing the 100 hour moving average at 101.27. The pair has ignored higher oil and commodity prices which generally favors the CAD dollar. However, the Building Permits data this morning - 4 straight months...

G7 Most Probably Won’t Intervene In Forex Markets One of the most significant events concerning the forex markets this week will be the G7 meeting this weekend as G7 officials will inevitably discuss foreign exchange and economic issues. So far, it seems that European officials aren’t ... ...

Temporary Relief for the US Dollar? March was a very active month in the currency market. The EUR/USD hit an all time high less than 100 pips away from 1.60 while USD/JPY fell to an intraday low of 95.76. The daily ranges of these two currency pairs have expanded ... Go to Full Article

In the Financial Papers: Today’s Top Forex News 04.07.08 Here is the “In the Financial Papers Radio Broadcast” (Length: 06:07 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: G7 Meeting BoE ECB...

Forex Trading: Overview of the Morning Stocks are up but off the highs. Talk is of Washington Mutual gettng a cash injection of 5 billion from private-equity firm TPG and other investors. Oil is up $2,80 to $109 per barrel. No need to increase output from OPEC moves the ... Go to Full...

New Zealand Dollar Technical Outlook There is no change to the NZDUSD bearish count. "Our confidence in the bearish count that we proposed a few weeks ago has grown. We view the rally from... Go to Full Article

Yen Technical Outlook The A-B-C correction should come to an end this week or next. Wave C is viewed as underway from 98.56. Go to Full Article

British Pound Technical Outlook On Friday, Cable tested a resistance line drawn off of the 3/14 and 3/27 highs and failed. This level is also defended by the 61.8% of 2.0191-1.9728 at... Go to Full Article

Euro Technical Outlook Near term, both legs of the down-up sequence from 1.5904 are not clear impulses. This makes it likely that a larger correction is underway; either a triangle... Go to Full Article

Swiss Franc Technical Outlook We wrote Friday that, "if the bullish count is correct, then the USDCHF is tracing out an expanded flat and price must remain above .9871. Go to Full Article

Canadian Dollar Technical Outlook Near term, the latest bull leg (.9710-1.0324) is a wave 1 impulse within a 5 wave bull cycle (wave i of 1 is a diagonal). Therefore, wave 2 is underway... Go to Full Article

Australian Dollar Technical Outlook We are treating the decline from .9470 (which was a truncation) as a series of 1st and 2nd waves. This bearish count remains valid as long as price is... Go to Full Article

Merk Launches Asian Currency Fund – Mutual fund seeks to protect against a declining US dollar relative to Asian currencies –. PALO ALTO, Calif. - April 1, 2008 - Merk Investments today announced the launch of the Merk Asian Currency Fund™, a mutual fund that invests in ... Go to...

Commodity Prices Harm Global Economies Commodities seem to be on a bull run which is inversely related to the overall economy. Everything from oil to rice has skyrocketed over the past years, and companies and countries are falling victim to the inflationary effects of these ... Go to...

Slow morning & too exciting afternoon I was watching from gold to eur/chf to try understand what will happen next in euro. It's not market that I like. It was slow, slow uptrend. First I tried to go with the trend but there were no momentum and I had an exit in second ... Go to Full...