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Dukascopy Morning Forex Overview On Thursday, the euro fell to a fresh one-year low against the dollar and more than a two-year low against the yen after currency traders began to more aggressively price in euro zone rate cuts and a recession. This is a shift in the eye of the current...
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Forex and Economic Outlook by Lloyds TSB On the day that the US House of Representatives gets a second chance to vote on the TARP - Troubled Asset Recovery Programme - economic indicators will have to take a back seat. For what it’s worth, our view is that indications after the 74 to...
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EUR/USD Breaks Long-Term Uptrend The dollar rose against most key currencies Thursday as Libor soared to new highs, the commercial paper market slumped and the credit crunch deepened. Increased risk aversion supported the dollar as investors sold risky assets and repatriated the funds to US...
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Market Overview by Forex Yard Economic News * USD U.S. Bailout Package on Tap All eyes look to the U.S. House of Representatives as the $700 billion bailout plan, passed in the Senate yesterday, is put forward for a second round of voting. This bill was killed the first time it reached...
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Varengoldbank FX - Daily FX Report This morning’s Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar. Click for the full report. Go to Full Article
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Forex Daily Forecast by iFOREX.bg EUR/USD Trading range: 1.3910 - 1.3820 Trend: Downward Sell at 1.3899 SL 1.3931 TP 1.3832 Go to Full Article
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Forex, Gold, Dollar Index Technical Comments by RCPL Forex Euro: The pair lost around 250 pips in yesterday’s trading session from the highs of 1.4026 to test 1.3746. Although, the ECB kept interest rates unchanged yesterday; the approval of the bailout package in US helped the USD...
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EUR (Euro) Fx Technical Analysis by Forex Ltd The pre-planned breakout variant for sells was realized with attainment of basic assumed targets. OsMA trend indicator, having marked the formation of bullish reverse signal with further relative bullish activity rise gives reasons for assumptions...
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JPY (Yen) Fx Technical Analysis by Forex Ltd The pre-planned breakout variant for sells was realized but with damage to several points of minimal assumed target attainment. Go to Full Article
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GBP (Pound) Fx Technical Analysis by Forex Ltd The pre-planned breakout variant for sells was realized but with several points damage in the attainment of minimal assumed target. OsMA trend indicator, having marked the relative bullish activity rise nevertheless does not provide definiteness...
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Euro-Zone Retail Spending Falls 1.8% from Last Year, Economic Downturn to Linger Retail spending in the Euro-Zone improved, climbing to 0.3% from a revised reading of 0.1% in July. Meanwhile, on an annual basis, retail sales declined... Go to Full Article
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Market Update from Trade The News Asian Market Update: Asia takes profits ahead of US jobs data and the House's rescue bill vote - US Rescue Plan Update: The House Majority Leader Hoyer said that the rescue bill will be sent to the House floor for a vote on Friday and this...
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FX Comment - CMC Markets Please find below today's forex comment from Gary Thomson, head of sales trading at CMC Markets. October 3rd - The dovish notes from Trichet yesterday have certainly given currency traders something to work on with the Euro coming under some significant pressure...
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A Defensive Stock in Troubled Times General Mills has been a standout performer in this bear market, and although we have it rated as Fairly Valued, we still think that there it may make a good addition to your portfolio. The company is positioned to take advantage of market weakness and...
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New Age Investment Advice Just a funny email that came to us at the office today. I'd like to meet the analyst that called this! Go to Full Article
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