G7 Meets - Interest Rates - UN-Interesting G7. This Weekend the Group of 7 – Finance ministers meet in Washington and the US Dollar and FX rates appears to be high on the list of topics. European Central Bank President Trichet has indicated that rates will stay stable as the ECB ... ...

Interesting Week Unfolds Dollar Stinks and Sinks Down Under Read my post of January 8 – As at that time two months ago we were awaiting Interest rate announcements from across the pond. Since then the UK has lowered rates a .25% to 5.25% and Trichet and the ECB has held rates steady at...

Asian Morning Update 5th May 2008 Dollar on the brink of additional gains – but can it make the leap? European releases from Friday. April Forecast Actual Italian Manufacturing PMI 48.8 48.2 French Manufacturing PMI 51.5 51.1 German Manufacturing PMI 53.6 53.6 ... Go to Full Article

Daily Market Analysis - ForexPros - 05/05/08 Overnight Asia/Europe. • USD very quiet • Holidays in Asia and UK. Today’s Economic Reports All times EASTERN (-5 GMT) • 10:00am USD ISM Non-Manufacturing Composite forecast 49.6. Looking Ahead All times EASTERN (-5 GMT) ... ...

ECB’s Trichet Warns About Global Inflation Risks The currency market has been rather quiet on Monday due to the lack of major economic releases from the US or Eurozone. The US dollar mainly erased some of last Friday’s gains post-payrolls report which wasn’t as bad as many had...

Has the Dollar’s Bottom Been Formed? Last week’s outstanding award should go to the US dollar, which not only had to brace itself for heavy-weight economic releases such as GDP, FOMC rate decision and US non-farm payrolls, the currency had triumphed versus other major ... Go to...

Daily Market Commentary - GCI Financial EURO. The euro depreciated vis-ÃÂ*-vis the US dollar today as the single currency tested bids around the US$ 1.5360 level and was capped around the $1.5495 level. The common currency extended its recent losses and reached its lowest level ... Go...

Will Better Than Forecast Payrolls Propel Dollar Into The Light? This is the big mover of the day: Today’s US non-farm payrolls were unexpectedly much better than expected. US payrolls data for April showed a decline of 20000 jobs after a revised 81000 decline in March. Although this...

What’s going on? uhm…Dollar bee…Dollar boo..Dollar ah ah… So you know we had a surprised Non Farm payroll numbers last Friday. The Green Back is showing some strength. I see some Long setups in dollar pairs, before I start my trade selection, I would like to have a look...

Be careful…… This is a non-trading post. I just lost my favorite cup. It has been accompanying me for the past 3 years. And my silly mistake this evening, I broke it. OK, that’s it. Go back to watch the market. Be careful of this chaotic week. ... Go to Full Article

Is it time now?…uhm.. Yup, it is time now for me to have a break from currency trading. OK, it is just an excuse. Basically, I do not find anything interesting or tradeable, well, in my definition. We are heading into a big week/chaotic week? ... Go to Full Article

Show you a trend, ok, my trend Here is another trading secret, again!?! I thought you guys like secrets,don’t you? The purpose of writing this post is to get my mind organized. I have been working in developing my trading model for the past few days, and my brain is ... Go to Full...

Could the European Central Bank Actually Raise Interest Rates? It has been a very eventful week in Euroland, with a number of ECB speeches and news that the current strong headwinds are increasingly being felt in the... Go to Full Article

Forex Trading. GBPJPY has 100 and 200 moving averages at 206.33 The GBPJPY at 206.95 is a bit away, but watch the 206.33 level. The 100 and 200 hour moving average are both located here. The low for the day has been 206.62 so far. Go to Full Article

Forex Trading: EURUSD moves higher as oil makes new records The pair approaches the 100 hour moving average at 1.5517. Have support at the 1.5477 level. Go to Full Article