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BetonMarkets.com Afternoon Report
Please find below the Afternoon Report from David Evans, market analyst
at BetOnMarkets.com
Global markets opened the day around and two percent have made little
headway throughout the day. Some have attributed today's sell off to the
market's...
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Barack Obama, Buy on the Rumor, Sell on the News
Barack Obama was elected the 44th president of the United States of America. However, in a classical case of “buy on the rumor, sell on the news”, both...
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US Service Sector Offers No Reprieve From Oncoming Recession
There are few areas of the US economy that are offering any hope of a rebound from the confirmed slump that has befallen activity over the second half...
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US Non-Farm Payrolls Likely to Disappoint on Friday Given Weak Challenger, ADP Figures
US non-farm payrolls (NFPs) are anticipated to fall negative for the tenth consecutive month on October, and the odds are looking in favor of a very disappointing...
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Forex Trading: USDCHF tests moving average support at 1.1558
The USDCHF is testing the 200 hour moving average at 1.1558. Watch the level.
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Forex Trading: EURUSD shoots higher as economic reality sets in
So much for staying in the range (see earlier post). The EURUSD shot higher on the back of the weaker ISM index , breaking through the close from yesterday (1.2980) and the 1.3100 level. The focus is back on the weak economy, ... ...
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Forex News: ISM Non-Manufacturing comes in weaker than expected
The ISM Non Manufacturing came in weaker than expected. This is leading to a weakening of the US dollar. read more.
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Forex Trade: Dollar mixed as stocks open down. EURUSD hold support ...
The dollar is mixed this morning in the aftermath of the Obama victory. The EURUSD is down, the GBPUSD is up , the USDJPY is down, the USDCHF is up. Perhaps the overall reaction is congruent with a market that is in a...
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Pattern Recognition Master for Japanese Candlesticks
The Japanese candlesticks is a nice tool of trading for any chart-trader. Some Forex traders prefer to trade on the bare charts without adding any indicators. The candlestick patterns are used as the entry and exit symbols in many cases ... ...
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Jobless Claims Report and the Investment Markets
Jobless Claims Report and the Investment Markets. The Forex market, like most investment markets, is heavily influenced by some of the key economic news of the day. Not only do investors closely follow these reports or indexes, ...
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US President Elections Dollar Rally Over
EUR/USD declined today after the US elections were over and the next president’s name became known fast and without any troubles. Barack Obama may create all necessary conditions for the dollar to grow further, but it will take him a ...
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The Financial Markets’ Reaction to ObamaNation
Barack Hussein Obama is the 44th President of the United States, the first African American and the second youngest President. The US dollar is marginally higher while the stock market has turned lower. Regardless of the overwhelming ...
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Aussie and Kiwi: Forex Trading Forecast
Down under currencies and FX tradingFor the Aussie and the kiwi, things have been looking pretty bleak lately.
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Wachovia Daily FX Report
Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups
Click for the full report.
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Currency Currents by Black Swan Capital
Black Swan"s morning currency market commentary and analysis. Key news, events, and issues of the day impacting*the major currencies.
Click for the full report.
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