Will Non-Farm Payrolls Recover and How Will it Impact the US Dollar The Federal Reserve cut interest rates by 25bp yesterday and hinted that they will pause when they meet again in June. In response to this shift, the market... Go to Full Article

Steady Advance Tests USDCAD Range And Positioning USD/CAD Ratio: 1.77 Signal: Bearish Go to Full Article

Euro Downside Builds As Retail Traders Add To Longs EUR/USD Ratio: 1.31 Signal: Bearish Go to Full Article

Euro Downside Builds As Retail Traders Add To Longs The flip in EURUSD speculative positioning has held its ground over the past week, suggesting there may be more momentum for a genuine reversal rather... Go to Full Article

Australian Dollar Crosses: Corrective Decline Expected See the article... Go to Full Article

Forex News: BOC Carney testifies to Parliamentary Committee CANADIAN BANKS CLOSER THAN OTHERS ON G-7 PROPOSALS; CAN MAINTAIN INFLATION AT 2 PERCENT; INFLATION ELSEWHERE WON'T DERAIL PRICES IN CANADA; POLICY MAKERS SHOULDN'T DISCUSS VALUE OF CURRENCY; 50 BASIS POINT MOVES ARE NOT STANDARD ... ...

Forex Trading: NZDUSD heading toward the lows from earlier this week The 0.7725 level was the low on the 29 and 30th of April. A break will target lower levels. On a longer term basis. On a longer term chart, the Kiwi is below the 100 day moving average but remains above the 200 day moving...

Forex News Recap: ISM 48.6 versus 48 exp. Prices Paid 84.5 vs 83.5 ... The ISM manufacturing index was unchanged at 48.6 versus last month. read more. Go to Full Article

Forex Trading: GBPUSD Support holds at 50% of the move higher 1.9764 is the midpont of the last move up. The market respected that level on the downside on the first attempt. The market is now more balanced. Go to Full Article

Forex Trading: GBPUSD breaking lower. Resistance today at 1.9820. The GBPUSD is breaking lower after moving below the 100 and 200 hour moving average after the 8;30 numbers. The level for those averages come in at 1.9820. A move above that level will be needed to negate the intraday bearish...

Forex News Review; Initial and Continuing Claims weaker. PCE as ... Initial Claims 380000. The 4 week moving average moved lower to 363750. This series has been up and down with the last 5 weeks coming in at 406, 355375, 345 and 380. This is more volatile than normal. Continuing Claims break...

Forex Trading: AUDUSD in between support and resistance In Australia last night, Building Approvals were down sharply (-5.7% MoM and -0.7% YoY). The higher interest rates are beginning to cool the economy and with that hopefully bring inflation back to the 2-3 percent target level. ... Go...

Bobby's Corner-Market Open 5.1.2008 Thursday May 1, 2008. Good Morning:. The greenback advanced after the Fed lowered the benchmark interest rate to 2%. Speculation the Fed will pause lowering interest rates helped the dollar to rise. Today’s market activity overseas was ... Go to...

Forex News Preview: NY Recap of the Economic Events and Statistics Personal income and spending, ISM, Vehicle sale are all on tap for release today. For a PDF version of todays releases click on the ATTACHMENT button at the end of the commentary. To watch the daily video, click on the...

Who Is Benefiting From High Commodity Prices? Consumer spending increased 0.4% today, giving the markets cheer, although after taking into account inflation, it is only a 0.1% increase. Credit card companies like Visa (V: 86.70 +3.25 +3.89%) and Mastercard (MA: 290.86 +12.70 ... Go to...