Bank of England: To Cut or Not to Cut Interest Rates Of the 3 central banks holding monetary policy meetings next week, the Bank of England is the only one expected to alter interest rates. A 25bp rate cut... Go to Full Article

Forex Ahead: Next week the BOJ, BOE and ECB make interest rate ... After the weaker than expected US employment report on Friday, the market will open on Sunday night with lower growth expectations in the US and presumingly a lower dollar bias. However, the effects of the slower US growth...

AUD/USD: Asian Commodity Demand May Help Narrow Australia'??s Trade Deficit While most central banks are in the process of cutting rates - such as the Federal Reserve and the Bank of Canada - or are considering reducing rates,... Go to Full Article

EURO / Yen decline is far from over The EURJPY is 1,000 pips from its August low near 149. The strong rally has some proclaiming that the uptrend is intact and that the EURJPY is headed to... Go to Full Article

Forex News: Feds Kroszner on the Wire FED LIQUIDITY STEPS SEEM TO HAVE BEEN HELPFUL; LIQUIDITY SEEMS IMPROVED IN SOME MARKETS; RATE CUTS, LIQUIDITY STEPS WILL PROMOTE GROWTH; US BANKING SYSTEM IN SOUND OVERALL CONDITION. Go to Full Article

Forex News: ECB Noyer on the wires PURCHASING POWER GAINS MUST BE TIED TO PRODUCTIVITY; EXPECTS INFLATION TO SLOW NEAR YEAR END; SAYS ECB WILL DO EVERYTHING TO GET INFLATION TO TARGET; SAYS CURRENT INFLATION LEVEL IS A PROBLEM. Go to Full Article

Forex Trading: See position squaring as we head into the Friday ... We are seeing what seems to be position squaring in the pairs this afternoon. Shorts in USD JPY seem to want to buy back before the weekend on dips. The GBPJPY seems to also be content with buying dips. EURUSD has some...

Forex Trading: USDJPY approaching resistance at 102.11 The USDJPY is approaching resistance at 102.11. This was a key level on the way back down after the choatic trading after the Non Farm Payroll figures. Go to Full Article

Forex Trading: EURGBP testing resistance at 0.7890 The EURGBP reached a low at 0.7821 after the weaker than expected EURO Retail Sales yesterday. The pair is now testing the 100 hour moving average at 0.7890. Expect good resistance here. Go to Full Article

Forex Trading: GBPJPY starting to come under some pressure The pair is testing the 21 bar moving average on the 4 hour chart. However, if stocks come under pressure we could see the pair move toward the 38.2% retracement level of the last move higher, over the course of the next few days. ... ...

Forex Trading: USDJPY getting more in the groove technically The USDJPY found initial support for a time period against the 102.11 level, then broke through. The high print subsequent to the move lower has been 102.06. So support became resistance and the stock market going lower pushed it ......

Forex Trading: USD approaching intraday support The midpoint in the range post the NFP is 102.11. This should provide some support. If it gives way, the chances are lower levels. However, we still have the stock market open . We have just begun. Go to Full Article

Forex Trading: EURUSD Rallied strong, then back down to moving ... The EURUSD rallied strongly off the weaker number than found sellers which led to the longs getting caught and selling. These markets are dangerous when they run counter to the expected trend. Will be watching the levels and...

Forex Trading: Market finding its legs and the direction In hindsight the USDJPY went right to our favorite 100 hour moving average and bounced. Trying to figure out the direction now. The market will Watch 102.06 on the downside. Go to Full Article

Dollar Volatile after Employment Situation Worsens EUR/USD was growing through the day on Forex today, but after the employment data for March was released there were a sharp but very short-term spike, after which the currency pair started to fall. That’s not a usual and expected ... Go...