Bernanke: Please Tell Us There are More Tricks in Your Bag The Federal Reserve has cut interest rates, bailed out a US bank for the first time since the Depression and announced that they are willing to swap US Treasuries for mortgage backed securities that no one wants. ... Go to Full Article

Can the US Dollar Overcome Downward Momentum Hoping for continued declines in interest rates is not an investment strategy? particularly as economic fundamentals begin to support the case against... Go to Full Article

Forex Trading: EURUSD making its way to new all time highs? The EURUSD took a run at the all time high at 1.5902 but fell just short at 1.5896. The pair has moved back down to the 1.5850s. I would expect that the 1.5835 level hold the retracement (high from Friday and today). ... Go to Full...

Euro: Can It Break 1.60? The EURUSD continues to hold the 1.5800 level with 1.5720 remaining the near term support that has been stretching for more than two days. Typically the... Go to Full Article

Forex Trading: USDJPY trying to find its way The USDJPY is waffling back and forth. Moving averages have all converged and the triangle top and bottom trendlines have been defined. The question now is which way it will break? read more. Go to Full Article

Forex News: Chicago PMI 48.2 Better than expectations March Feb. 2008 2008 ======================= Business barometer 48.2 44.5 ------------------------------------- Prices paid 83.9 79.4 Production 50.4 46.5 New orders 53.9 48.8 Order backlogs 36.8 38.3 Inventories 42.0 46.0 ... Go to Full...

In the Financial Papers: Today’s Top Forex News 03.31.08 Here is the “In the Financial Papers Radio Broadcast” (Length: 08:01 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: Paulson Calls for Oversight...

I'm looking for an opinion from my readers As you can all see an witness I'm doing bad lately. Let's put aside that all problems come from averaging and moving stops. The thing is that I'm mixing trading styles. If I look at my trading diary on this blog the best trades are ... Go to Full Article

Positive day I over traded and I wasn't especially picky about the trades as usual in the morning. Very good thing is that I was totally committed to cut losses and I'm satisfied with that. Second gbp/usd trade is trade that usually gives me the ... Go to Full Article

Forex Trading: NZDUSD key support being tested Key support in the NZDUSD s being tested at 0.7865. A break should trigger some stops. On a daily chart below, the trendline (up from January 21st low) was broken and will provide upside support at the 0.7946 area). ... Go to Full Article

Forex News: Canada GDP comes in at 0.6% MoM 0.6% is better than expected (0.5% expected). Car manufacturing and wholesale trade give a boost. Nearly reverses the 0.7% decline from December. USDCAD ignores the stronger economic data and moves to new highs at 1.0268. Go to Full Article

Bobby's Corner-Market Open 3.31.2008 Monday 3/31/08. Good Morning: The dollar may be heading for its largest quarterly loss versus the Euro since 2004. The GBP fell to a record low versus the common currency (Euro), as UK house prices dropped again. ... Go to Full Article

Move in ranging market, EURUSD needs a break out Mon, 31th of March, 2008. By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook On the daily chart, EURUSD is moving in ranging market condition, trapped between 1.5904 and 1.5560 (Fibonacci retracement from 1.4450 to 1.5904) area. ... Go to...

The week ahead We can expect some volatility during this week as everyone gets ready for the most important Non-Farm Payrolls figure in the US which will be released on Friday. With the German unemployment figure released on Tuesday, we might expect ... Go to Full Article

Forex News: European Inflation Surges Higher, as Confidence Wanes. The Eurozone CPI-estimate rose to 3.5%, its highest level in 16 years. Record food and energy costs are driving inflation as companies are having to pass... Go to Full Article