FX Correlations (February): How Do Currencies Move In Relation To Each Other? The following is our monthly correlations update for February. As we have stated time and again, correlations between different currency pairs will inevitably... Go to Full Article

COT: Euro and Pound Still Bullish Relative to Other Currencies See the article... Go to Full Article

Forex trading: USDJPY testing 103.30 support See earlier post. The movement and activity is quiet, however as we head into the NY close. Go to Full Article

Yen Crosses Sink: Corrective Rally Underway There is little doubt that the Yen crosses are headed lower in the coming weeks and months. The best strategy then is to sell rallies, which are underway... Go to Full Article

Forex News: GM Sales down 16% with Truck sales down 22% Ford and Toyota also reported losses in February sales. For Ford, sales dropped 6.9%. They announced they would cut second quarter production in North America by 105. Toyota's sales fell 2.8%. Honda showed at 4.9% gain and Nissan ... ...

Euro Strength Hampers US Dollar 'Smile' A slowing US economy always affects the rest of the world (RoW) with a delay. For Euroland, historically, the delay has been 1-2 quarters. Possibly due... Go to Full Article

Euro Retreats On Trichet and Juncker's Comments The US ISM index of manufacturing activity in February decreased to 48.3, from 50.7 in January and 48.4 in December. Although February's result is better than the 48.0 forecast, it is the lowest reading since the index hit 46.1 in April ... ...

Forex Trading: USDJPY...There is a gap from Friday's close The USDJPY has a gap that has yet to be filled at 103.79. The market tends to cover the gap, but so far the high has been 103.70. The pair would need some additional short covering probably from a higher stock market. ... Go to...

Forex trading: GBPUSD approaches trendline support Watch the 1.9808 level for support. Go to Full Article

Forex Trading: EURUSD makes it through the 1.5201 level The level should provide resistance. The EURGBP and EURJPY are also coming off. . EURGBP testing 21 hour Moving average at .7657. A break below the EURGBP MA should target the trendline support at 0.7635 area. Go to Full Article

Forex News: Trichet on Wires. Says it is important that US wants a Strong Dollar. ANALYSIS: It seems Trichet, wants to deflect the EUR strength onto the weak USD policy. It seems that the ECB is starting to get concerned about the growth risks to the EU as a result ... Go to Full Article

Forex trading: Watch 1.5201 in EURUSD Testing Support at 1.5201. Go to Full Article

Cowabunga System Week End Review: 02/25/08 - 02/29/08 Even with only 1 week of trading for me, I was still able to pull in a small profit for the month of February. Recap this week's action in this edition of the Cowabunga System Week End Review. Go to Full Article

Forex News: ISM for March comes in at 48.3 As expected, but not worse than expected which was probably how the market was pricing the release. New orders decreased to 49.1 from 49.5. Production dropped to 50.7 from 55.2. Supplier deliveries fell to 50.1 from 52.8 in the prior ... Go to...

Forex News: ISM to be released at 10:00 AM Expectations are for the headline figure to decline to 48, the lowest level since April 2003. Go to Full Article