Forex News Preview: June 10th Time Currency Event Impact Forecast Previous. 7:50 pm JPY Final GDP q/q Medium .9% .8%. 7:50 pm JPY Current Account Low 1.8T 2.1T. 7:50 pm JPY Final GDP Price Index Low -1.4% -1.4%. 8:30 pm AUD WMI consumer Sentiment m/m Medium 2.7% Go to Full Article

USDJPY breakout USDJPY has broken trendline resistance on the daily at 106.42 and has made a move up towards the 200 day moving average at 107.97 and possibly on to 61.8% retracement at 109.32. Incidentally 106.42 was also the 50% retracement from the ... Go to Full Article

Forex Trading ECB Weber speaking ECB's Webber: Monetary policy should act pre-emptively, Trichet was speaking on behalf of the entire council. Go to Full Article

Forex Analysis: BOC, Fisher, Bernanke, Trichet, Geithner even Bank ... It seems that the central bankers around the globe are lining up to combat the inflationary effects of the oil rise. The Bank of Canada is the latest to join the fray when they abstained from lowering rates at their...

Forex Trading: USDCAD trendline support tested 1.0209 is trendline support going back to May 29th. A break will target lower levels. Go to Full Article

Forex News: BOC leaves rate unchanged This is a surprise. Comments from BOC:. SAYS CREDIT CONDITIONS EVOLVING AS EXPECTED; SAYS CANADA'S ECONOMY HAS MOVED INTO EXCESS SUPPLY; CANADA SEES CORE INFLATION UNDER 2% THROUGH `09; SAYS TOTAL, CORE CPI TO RETURN TO 2% IN `10 ... Go to Full Article

Great piece from Kathy Lien over at Dailyfx.com looking at the possibility of intervention in the US Dollar. The recent action in the dollar fits right into our three video series on the US Dollar. --Dave *** Could Intervention Happen in the US Dollar? There has been a lot of...

British Pound Still Bullish Above 1.9461 The GBPUSD's decline today is most likely a wave 2 correction. Expectations are for a wave 3 advance to begin soon. The minimum objective is 1.9850 but... Go to Full Article

Australian Dollar Technical Outlook The AUDUSD is slipping below the trendline that has held since late January but there is no sign of a reversal as the decline is more of a consolidation. Go to Full Article

Canadian Dollar Technical Outlook The minimum objective that we have cited for some time is above 1.0324. Go to Full Article

Swiss Franc Technical Outlook "There is little doubt that the advance from .9647 is corrective because a triangle separates the two legs. Go to Full Article

British Pound Technical Outlook With 5 waves up from 1.9461 and a deep correction complete or very nearly so, an aggressive bullish bias is warranted against 1.9461. Go to Full Article

Yen Technical Outlook There is no change to the USDJPY analysis. Go to Full Article

Euro Technical Outlook We advocated yesterday to take some profits off given the potential for a large decline in the EURUSD. Go to Full Article

Bank of Canada Unexpectedly Holds Rates, Delivers Hawkish Commentary Surprising both economists and market participants, the Bank of Canada announced a quick end to its recently aggressive pace of policy easing. Against... Go to Full Article