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Forex Trading: GBP data out in 2 minutes...
GBP data out in 2 minutes. M4 Money Supply & Manufacturing PMI.
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Forex Trading: USD/CAD ranging as well, with Oil relatively ...
USD/CAD ranging as well, with Oil relatively unchanged. It's down a little for the day thus far, about -.80 @ 126.54 indicatively.
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Forex Trading: USD/JPY leading USD a little lower as the JPY ...
USD/JPY leading USD a little lower as the JPY crosses take it down. GBP/JPY saw a nice follow through which got enough JPY paid it seems to take down USD/JPY.
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Forex Trading: USD/CHF rather range bound as it lags USD/JPY...
USD/CHF rather range bound as it lags USD/JPY. We are getting a little bounce from the support shown and techs at this point favour perhaps the top of the range.
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Forex Trading: GBP/JPY can't find a bid in the whole market as GBP ...
GBP/JPY can't find a bid in the whole market as GBP is offered & JPY paid across the board.
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Forex Trading: Sterling getting a nice bounce from the 80's but ...
Sterling getting a nice bounce from the 80's but strongly offered from the teens and was offered thereafter. Cable has just gotten crushed this evening, having been a gap open & rumours of some sort of mortgage related write...
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Forex Trading: JPY crosses looking offered early in London...
JPY crosses looking offered early in London. EUR/JPY & GBP/JPY seem to be getting a little offer here as London comes in.
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US Economy Caught In Purple Haze
With the economy caught somewhere in the purple haze between recession and anemic growth, many market prognosticators have been making the case that the worst is behind us. With respect to the credit crisis, I do think that with the ...
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Potential stock ideas to watch for this week from Gracecheng.com.
--Dave
***
Hot Stocks For Next Week
Chart courtesy of stockcharts ( click to enlarge ). (RFMD: 4.00 +0.21 +5.54%) - The stock broke consolidation resistance with heavy volume. The technical chart shows buyers are...
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A Decline in Net Oil Exports From the Top 15 Oil Producing Nations
Yesterday the front page of the WSJ had a very interesting article on oil exports, the article discusses how the total output from the top 15 oil producing countries has been decreasing for a variety of reasons. ...
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Buying on dips, or Why does this darn stock keep going down?
There are two stocks in my Income Portfolio for this site that have me completely baffled. Their stock prices continue to erode and I am at a loss to find a good reason. These two point out some of the challenges of investing in...
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02 June Probability Studies
The Greenback’s broad based rebound is still in play. The BoE and ECB will decide on rates this week and on Friday we have the US Unemployment Figure. Therefore, any data from either the US or Euroland will be significant this week ...
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US Economy Looks ‘OK’ Compared to Canada’s
The US dollar was initially stronger versus the Euro, Swiss franc, British pound and Japanese yen Friday, but its gains gradually faded into the US session. The Euro gave way a little during the European session upon the release of ...
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Sunday chart scanning summary
I did not have a chance to trade for the past week. My day job is getting ridiculously busy. Most of time, I miss out Asian, London session totally. Well, it happens sometime. Next Saturday, I will be flying to Malaysia for 2 weeks ...
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Big Week Ahead - Non-US Interest Rates and NFP
Interesting. Traders should be aware that scheduled news events for the first week of June are nothing to go on vacation about! The Interest rate announcements from the UK and Euro Zone will be crucial to watch. ...
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