Preparing for the FOMC Decision As I was working on this post I found that I have to do a bit of rewrite with the New York Fed surprisingly cutting the discount rate 25bps at the open of Asian markets. This comes just ahead of the FOMC meeting Tuesday where market ... Go to Full Article

Forex News: US Industrial Production/Capacity Utilization to be ... Industrial Production measures the total value of output produced by factories, mines, and utilities. This month the expectation are for a decline of 0.1% as the US manufacturing base slows domestically. read more. Go to...

Forex News: Net Long Term TIC Flows due at 9:00 AM The Net Long Term TIC Flows will be released at 9;00 AM. The Treasury International Capital (TIC) Net Long-Term Transactions measures the monthly difference in cross-border foreign and domestic purchases of long-term securities (ie, ... ...

Forex News: Empire Manufacturing index to be released at 8:30 AM read more. Go to Full Article

Forex News: US Current Account Balance due at 8:30AM The US Current Account Balance will be released at 8;30. Last month the deficit came in at 178.5 billion. This month the expectations are for the balance to deteriorate to 183.8B. read more. Go to Full Article

Forex Trading: USD/JPY All Over With Asian markets getting hammered and USD being sloshy, this was one day where staying to the side was perhaps the prudent action if systematic entry was wrong once or more. This is because few know with certainty what market ... Go to Full Article

Forex Trading: EUR/CHF Offer EUR/CHF looking offered on an hourly and stochastics show that it may continue to be such if retracement levels hold as resistance: Go to Full Article

Forex Trading: USD/CHF Looking Ill USD/CHF, many times a direct indication of USD strength/weakness (moving nearly in technical sync with USD Index), is looking rather pale on an hourly, not even able to bounce higher than its EMAs thus far: Go to Full Article

Forex Trading: USD/CAD USD/CAD seeing a strong offer here after USD/JPY came off its highs when JPY seemed more attractive to the market. Let's see what NY's daylight does to USD. Will it gain some foot hold? Go to Full Article

Forex Trading: EUR/GBP Spiking EUR/GBP spiking on an hourly as we see EUR more bid than GBP which is quite evident when you take a look at their crosses on the same time period (EUR/JPY and GBP/JPY), referencing the proportionality of their moves against JPY: Go to Full Article

Forex Trading: GBP/USD Sidewinding Sterling sidewinding here on an hourly as its cross holds the key to its destiny in this JPY driven market: Go to Full Article

To Save The Dollar - Fed Should Keep Rates Steady! Shock and Awe - Bear Sterns Sold Out - at $2 Share Sunday Night! The Fed is using Depression era measures! The Dollar is breaking down into free fall. All bets are off - current market conditions are in flux as the Asian Session opens. ... ...

Where Does It End? Yen To Rally? Duck and Cover- Dollars Falling. Why do I get the feeling Imelda Markus's shoe collection is about to drop... So the Fed tried to prop up the dollar with $200 Billion - Nice try - it lasted for a few Hours... Gold hit $1000 an ounce and ... Go to Full...

The strength of Yen We have stronger Yen across the board last week. (That’s also the mistake I made by neglecting it last week.) Anyway, what I have in the box now is, not to go against Yen at the moment. I have a look at YEN futures. ... Go to Full Article

When you are trading a BIG R These are news from mainland China. One of the hottest equity market under the sun. The recent breaking down of Shanghai stock index, below 4000 level gives china traders/investors/punters whatever you wanna call a wake up call. ... Go to Full Article