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Forex Trading: USDJPY and Yen crossed get hammered
The USDJPY and yen crosses have reversed dramatically after the gap opening. The stock market reversal, trapped the longs from this mornings trade and is forcing liquidation. Markets remain very treacherous as market liquidity is ...
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Forex Trading: EURUSD trading at the lows for the day. Fills the ...
The EURUSD closed Friday at the 1.2767 level on Friday. It has moved below that level now and is approaching the triangle support at the 1.2700 area. This level is the next target level on the downside as short term traders...
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Forex News: US Treasury Kashkari on the wires
VERY IMPORTANT PRIVATE BANKS PARTICIPATE IN TARP; MORTGAGE INDUSTRY NEEDS TO DO MORE FOR HOMEOWNERS; HELPING HOMEOWNERS IS ABSOLUTELY NECESSARY; SAYS AIG ACTION WAS A ONE-OFF EVENT; WILL TAKE A FEW MONTHS TO FINISH TARP INVESTMENTS ...
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Forex News: ECB Trichet on the wires
CONCLUDING DOHA TRADE ROUND WOULD BE USEFUL; WE CERTAINLY' SEE A GLOBAL ECONOMIC SLOWDOWN; CENTRAL BANKS HAVE TO REMAIN VERY ALERT; SLOWER INFLATION MAY PERMIT LOWER RATES GLOBALLY; G-10 DISCUSSED DISINFLATION, NOT DEFLATION ...
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Forex Trading: EURUSD back down. Choppy markets prevail
The EURUSD moved back below key support. Finding the fundamental story that sticks and produces a trend is just not happening. The news over the weekend was encouraging for a while for the EURUSD, but faded when NY entered. ...
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Forex News: Fitch changes outlook for 12 Russian banks
The EURUSD is moving lower. The move corresponded with a report on the news wire that Fitch downgraded 12 Russian banks. The thought is the EZ is more exposed. This may have caused the sharp sell off. ...
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Forex Trading: GBPUSD not as supported by China news. Sold against ...
The UK has not been as supported by the China news over the weekend. The pair is still up versus the USD, having closed at 1.5670 and currently at 1.5751, but against the EURGBP the pound is down sharply. ...
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Bobby's Corner- Open Market 11.10.2008
Good Morning:. The yen fell overnight as speculation that the Chinese rescue plan will stimulate risk appetite, funded with a cheap Yen. Global Equity markets rose as China announced a $586 Bil stimulus program to stimulate their ...
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Forex Trading: EURUSD supported by China news
The China stimulus has benefitted the EURUSD today. Eurozone export of machinery and equipment will benefit by the "fast and heavy handed investment" in both housing and infrastructure in the country. The package announced over the ...
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Forex News: China Rescue Package buoys stock markets
China announced a $586 billion stimulus package over the weekend. The stimulus was in housing and infrastructure through 2010. They also vowed to maintain a relatively loose monetary policy. The Olympic stimulus by the Chinese was ...
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Latitude FX — Forex Broker from New Zealand
Latitude FX is a new Forex broker in my brokers’ list. It’s based in New Zealand (the first New Zealand Forex broker that I’ve met) and started to offer on-line trading services in 2007. It’s regulated by the quite strict financial laws ......
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EUR/USD - Euro Dollar, American Session - 10/11/08
1,2897.
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GBP/JPY - British Pound Yen, American Session - 10/11/08
156,72.
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GBP/USD - British Pound Dollar, American Session - 10/11/08
1,5796.
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USD/CAD - US Dollar Canadian Dollar, American Session - 10/11/08
1,1722.
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