EUR/USD Renews Its Maximum Today EUR/USD renewed its historical maximum value on Forex. It touched 1.5275 shortly after the news releases from US concerning the construction spendings and ISM index for manufacturing business came out. The currency pair dropped ... Go to Full Article

New Zealand Dollar Technical Outlook The drop from .8214 has yet to complete 5 waves. Until that occurs, we will refrain from taking a bearish stance. Go to Full Article

Yen Technical Outlook Near term, the USDJPY is plunging. A drop below 102.62 could complete 5 waves down from 108.22. Go to Full Article

British Pound Technical Outlook Cable still has a few hundred pips of upside potential. A triangle has formed since the 1.9970 high and is viewed as wave 4 within the 5 wave advance from... Go to Full Article

Euro Technical Outlook We wrote Friday that "even if wave 4 is still forming, higher prices are a high probability next week as wave 5 is required to complete the entire bull... Go to Full Article

Swiss Franc Technical Outlook A drop below 1.0307 would complete 5 waves down from 1.1033. This completes wave 3 within the 5 wave bear cycle from 1.1105. A shallow 4th wave correction... Go to Full Article

Canadian Dollar Technical Outlook The rally from .9710 could be counted as an impulse. As such, a bullish bias is warranted against .9710. Potential support begins at .9826. Go to Full Article

USD/CAD: Will the BoC Surprise With a 50 Point Cut? See the article... Go to Full Article

Currency Market Technical and Fundamental Outlook for Week of 03.03.08 Want to know what is going on in the Forex Market this week? In the following webcast I go through the economic calendar and charts of all the major currency pairs to give you my Fundamental and Technical Preview for the...

Forex Trading: EURUSD making new highs again The EURUSD reached another new high at 1.5264. Picking a top is not been a profitable endeavor as the fundamental news still favors the EUR (or does not favor the USD). Connection tops on the hourly chart has some resistance at 1.5276. ... Go...

Forex News:NY Attorney General Cuomo to make major announcement ... This has the market worried again. Seeing the USD get hit. Go to Full Article

Forex News: Fed's Plosser on wires Philadelphia Fed's Charles Plosser said the benchmark interest rate is now below the level recommended by ``many'' monetary-policy theories and should be raised when financial markets stabilize. Says that growth picking up toward trend ... Go to Full...

Forex news: SNB's Hildebrand on the wires Says UBS `Has Done Quite Well' in Showing Risk; UBS DID `QUITE WELL' SHOWING ITS RISK POSITION; Markets Are `Not Yet Out of the Woods'; UNPLEASANT THOUGHT IS 3RD WAVE ON MONEY MKT TURMOIL; SEES FURTHER DETERIORATION UNTIL US STABILIZES ... Go...

Forex News: CAD GDP m/m released The CAD GDP m/m comes out at -0.7% from the previous 0.1%. This number was forecast to be at -0.2%. On a quarterly basis the 4 quarter growth was 0.8% down from 2.9% the 3rd quarter. This was the slowest since 2003. ... Go to Full Article

Euro Remains Relatively Steady in Currency Trading on Interest ... US dollar firms slightly against euro in forex tradingThe euro is holding its own in currency trading on the FX market this morning. Even though the dollar is firming slightly in forex trading, the gains by the greenback are...