Australia Central Bank Intervenes in Currency: Is it Worth the Effort? For the third time, the Reserve Bank of Australia has intervened to support its currency which has dropped to a 5 year low against the US dollar. Over the past month, the AUD/USD has fallen 25 percent against the...

Another Failed Attempt at Stabilization After the sharp volatility in the currency and equity markets during the Asian and European trading sessions, the US session was relatively quiet up until the last 10 minutes of trading. For most of the US session, stocks oscillated ... Go to Full...

Forex Trading News: The WSJ Comments on the CHF US Dollar vs Swiss Franc WSJ looks at the impact of the rising Franc on Swiss exporters. - The article notes that the Franc has been rising due to risk aversion and the unwinding of carry trades. - The rising Franc is starting to impact ... ...

Forex Trading News: Economic Calendar (10/28/2008) Tuesday, October 28, 2008. Go to Full Article

Forex Trading: Yen Crosses Holding Below the 23.6% Retracement for ... Reviewing yesterday's Yen retracement analysis , we see the 23.6% retracement levels have continued to hold as resistance on CAD/JPY pair, the CHF/JPY pair and the EUR/JPY pair. A technical move either through the lows or...

Forex Trading: EUR/USD Makes New Yearly Lows In a relatively quiet Asian session, at least quiet by recent standards, the Euro has made new yearly lows against the USD, trading at the 1.2329 level. Reviewing a weekly retracement analysis from the November 2000 lows to the July ... Go to...

Forex Trading: Asian News Update The following are significant news reports received from the Asia to begin the 10/28 trading day:. RBA confirms that is has intervened Tuesday to buy AUD. The Australian government could purchase on a short-term basis some of the ... Go to Full Article

The Brief Daily Forecaster 28th October 2008 DAILY ANALYSIS FOR AUDUSD Bias: It looks like we'll reach 0.5959 but only breach extends to 0.5831-50 Losses were steady over yesterday although quite erratic and this cautions against an overly bearish stance although I still feel...

GFT Daily Market Commentary Forex Market Commentary for October 28, 2008 by Cornelius LucaGFT Daily Market Commentary Ongoing rumors/fears of a possible default by large institutional investors/hedge funds ensured another rally of the dollar the European currencies and a sharp slide against...

Intervention Warning Stokes Volatility, Fundamentals Usher In Recession (Forex Video) A volatile open to the new week carries the risk aversion theme with a new warning from Japanese officials that intervention may be the next step in global... Go to Full Article

Forex Briefing and Wrap Up by A Jankovsky, of MyForexBriefings.com Find enclosed the comments of the respected Morning FOREX Briefing and The Afternoon US Dollar Wrap-Up your state-of-the-art access to cutting-edge strategies for exploiting profit potential in the world currency markets. In...

USDCHF Offers A Short-Term Range Opportunity If Played Correctly As we have warned for the past few weeks, it is extremely dangerous to look for range trades in current market conditions. However, if we were to look... Go to Full Article

Forex Chart of the Day by FX Solutions The latest Forex chart of the day by James Chen, of FX Solutions, covering a major currency pair within the Forex market. Find Mr. Chen’s daily FX technical analysis within the Forex Hound technical analysis section, or subscribe to the ForexHound...

Why The Australian Dollar Is Likely To Have Seen A Short-Term Base The extraordinary performance of the Australian dollar over 2006 through early 2008 was created by a number of factors, not least of which was the commodity... Go to Full Article

US Dollar, Japanese Yen Pare Gains As US Stock Markets Gain The US dollar and Japanese yen have pared their losses this afternoon after surging throughout the European trading session, as the Dow Jones Industrial... Go to Full Article