GFT Daily Market Commentary Forex Market Commentary for April 30, 2008 by Cornelius Luca. GFT Daily Market Commentary. The dollar rallied versus the European and the antipodean currencies on Tuesday, while closing flat against the yen. Obviously, the weak US data ... Go to Full Article

Bobby's Corner-Market Open 4.29.2008 Tuesday April 29, 2008. Good Morning:. The dollar advanced today as the FOMC begins a 2 day meeting, culminating in an interest rate announcement on Wed April 30. Speculation that the Fed may signal they are close to pausing their ... Go to Full Article

Forex Trading: EUR/JPY failed at our point of fibonacci retracement... EUR/JPY failed at our point of fibonacci retracement and sitting on previous lows near the figure. If we see EUR/JPY 97 offer, it may be a quick set of prices to 161.75 then from there, it's anyone's guess... Go to...

Asian Morning Update 30th April 2008 Perception shifts begin to appear. European releases overnight. March Forecast Actual Swiss UBS Consumption Indicator 2.317 (prior) 2.289 Italian PPI (MoM) +0.5% +0.8% Italian PPI (YoY) +5.8% +6.3% ... Go to Full Article

How Will the Fed Rate Decision Impact EUR/USD, Treasuries, and the DJIA? The ongoing housing recession has led many to believe that the US economy is in the midst of a real economic recession, and the upcoming GDP report will... Go to Full Article

Daily Market Commentary - GCI Financial EURO. The euro lost ground vis-Ã*-vis the US dollar today as the single currency tested bids around the US$ 1.5540 level and was capped around the $1.5660 level. The common currency fell to its weakest level since 3 April as traders ... Go to Full...

US Dollar Gains Ahead of Heavy Event Risk The US dollar gained against most of the major currencies ahead of the market moving data scheduled for tomorrow, and pushed investors to lower their risk... Go to Full Article

Forex Video - Dismal UK Retail Sales Weighs on GBP/USD, US Dollar Awaits GDP, FOMC See the article... Go to Full Article

British Pound Declines as CBI Index Hits Lowest Level in 16 Years Like the Euro, the British pound has been hit by weaker consumer spending. Go to Full Article

Weakness Seen in All Japanese Yen Crosses All of the Japanese Yen Crosses have sold off today with the biggest drop seen in GBP/JPY and NZD/JPY. Go to Full Article

New Zealand and Australian Dollars Sell-Off, Canadian Dollar Holds Steady Yesterday we said that the rallies in the New Zealand and Australian dollars were unconvincing. Unsurprisingly the moves have reversed themselves. Go to Full Article

Why the Federal Reserve Needs to Pause - Euro Drops as Consumer Spending Contracts - British Pound Declines as CBI Index Hits Lowest Level in 16 Years Go to Full Article

Yen Crosses: Beware of the Bear See the article... Go to Full Article

FOMC Preview: Will A Rate Cut Stem Further EUR/USD Declines? Federal Reserve interest rate announcements have traditionally been big market movers for the US dollar, but with the markets weighing the odds for a pause... Go to Full Article

UK Pound Continues to Struggle in Forex Trading Sterling down in currency tradingThe UK pound continues to struggle in forex trading on the currency market. With economic data continuing to hound the sterling in currency trading, there are worries that the Bank of England will have ... Go...