Further BoE Cuts And Pound Losses May Hinge On UK Consumer Spending The British pound has come to a cross roads. Technically, the currency has sold off sharply over the past few months, leading the unit to touch a 10-month... Go to Full Article

Australian, New Zealand and Canadian Dollars Extend Losses The Australian labor market remains strong, but that has not helped to shield the Australian dollar from a sharp rise in risk aversion. Go to Full Article

Is the Euro the Dollar and Yens Puppet? The Euro ended the day unchanged against the US dollar as EUR/JPY selling grappled the markets. Go to Full Article

British Pound Bounces, But Still Struggling to Sustain Gains The British pound strengthened against every major currency with the exception of the Japanese Yen. Go to Full Article

Stocks Fall 300 Points, Triggering Sharp Losses in Carry Trades Stocks fell 300 points today, taking carry trades down with it. Go to Full Article

Dollar sent lower on housing number miss It seems to be the theme lately for the US Dollar?another bad piece of data sending the already weakened dollar lower. However, today?s test of the 78.939 low will be telling as buyers have been consistently support the 78.00 level and ... Go to Full...

Federal Reserve 75bp Rate Cut Expectations Exceed Expectations for ... Could it really be possible? Believe it or not the futures market is now pricing in a 58 percent chance of 75bp of easing at the end of the month up from 40 percent yesterday. In his Congressional Testimony, Bernanke repeated...

GBPJPY: How Significant Is the Low at 207? See the article... Go to Full Article

Great Britain Pound vs US Dollar Elliott Wave Signal #16 Copyright © 2008 admin. Visit the original article at http://www.elliottwavesignal.com/2008/01/17/great-britain-pound-vs-us-dollar-elliott-wave-signal-16/. If You are reading this message on the beginning of blog entry you might be ... Go...

Scrappy setup = good setup! Hello everyone! ?Oh, the irony!? could have been a suitable title for this post. Two days ago I traded what it seemed to me an iron-solid setup and I had to exit out licking my wounds for -28 pips. Today, in the other hand, ... Go to Full Article

Dow Jones Tumble Softens Dollar Selloff, but Further Fed Rate Cuts Could Stall a Dollar Rebound The US dollar fell on fears that the economy would enter a recession, with relatively pessimistic commentary from Fed Chairman Ben Bernanke and a dismal... Go to Full Article

NZDJPY I finally entered a new trade this week. I had not traded nor updated this blog in quite a while for the a few simple reasons. To be honest, I felt a bit discouraged by the last loosing trade i had entered. I really felt like it would ... Go to Full Article

Cowabunga System Daily Update: Thursday, 01/17/08 Well finally we were able to catch some waves as the Cowabunga System grabbed us a nice +66 pips today. See how it all went down in today's Cowabunga Surf Report. Go to Full Article

DailyFX Forex Radio - EUR/USD May Face Additional Declines, ECB ... · US Dollar regains strength as Euro loses momentum on disappointing consumer confidence. (See the Daily Market Brief for more on this.) · While US event risk will be light today, commentary from Fed?s Lockhart could support...

Ugly US Housing Data US housing starts in December tumbled to its lowest point in 16 years, decreasing 14.2% (-5% expected) after falling 7.9% in November. Buliding permits, a sign of future groundbreakings, also declined sharply. The housing market looks ... Go to Full Article