Gold Soars 5% Since Last Thursday Gold and silver continued their recent move up yesterday prior to a slight sell off. They have traded sideways to slightly up in Asia and early trade in Europe. Since last Thursday gold had soared by more than 5% and thus profit taking ... Go to Full...

Forex Trading: USDJPY gets bought up. GBPJPY and EURJPY move higher The USDJPY shot up from the low after taking out the 103.51 low from last Friday but not being able to make any further downside movement after printing 103.46. The pair shot up as short covers entered. The sharp move also...

Forex Trading: EURUSD back above 1.5651 key level for the day The EURUSD moved back above the 1.5651 level which is the key level for today. The price is the 50% retracement level of the last move lower. It is also the 100 bar moving average on the 4 hour chart. See the earler post by...

China Seeking Superpower Status With Jumbo Jet Deal By William Patalon III. As a journalist who has followed both the aerospace sector and China’s global emergence for many years, I can honestly say that I wasn’t surprised when China recently announced its intent to get into the ... ...

USD sharply lower - Morning Session Overnight Asia/Europe. •USD sharply lower •German data surprises, EURO higher •Cable breaks resistance, also higher Today’s Economic Reports All times EASTERN (-5 GMT) •8:30am USD PPI m/m 0.4% •8:30am USD Core PPI m/m 0.2% ... Go to Full...

In the Financial Papers: Today’s Top Forex News 04.20.08 Here is the “In the Financial Papers Radio Broadcast” (Length: 6:14 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: Fed Vice Chairman...

Forex Trading: EURUSD testing 50% retracement level The 1.5651 level is the 50% retracement level of the move from the high on April 22nd and the low on May 8th. The market moved above the level earlier off the PPI number but has backed below the level after Kohns positive comments gave ... ...

Forex News: Feds Kohn on the Wires RATES WELL CALIBRATED TO EASE INFLATION, SPUR EMPLOYMENT; FED SHOULD WATCH FOR SIGNS STABLE PRICES ARE THREATENED; ECONOMY TO FIRM IN 2ND HALF OF 2008, STRENGTHEN IN 2009; KOHN SAYS ECONOMY, MARKETS SHOULD GRADUALLY IMPROVE ... Go to Full Article

Forex News; Canada Wholesale Sales +0.6%. Better than expected Expectation was 0.3%. Gain was mostly as a result of a 3.4% gain in buiilding supplies. Go to Full Article

Forex News: PPI +0.2% and +0.4% Ex Food and Energy. The headline was better. The ex food and energy was worse. YoY cam in at 6.5% and 3.0% for headline and Ex. Again headline better, core inflation a touch worse than expected. Automobile and Furniture prices advances. ... Go to Full...

Dollar / Yen Short Term Lower Highs is Bearish The USD has weakned as expected. Short term targets for the GBPUSD and EURUSD are at 1.97 and 1.57. Watch the USDJPY for a break as the pair makes its... Go to Full Article

German Investor Confidence Falls, BoJ Leaves Rates Unchanged See the article... Go to Full Article

Forex News Preview: FOMC Vice Chairman Kohn speaks on the economy ... Another key event will be FOMC Vice Chairman Kohn’s speech at 9:00 AM in New Orleans . He is expected to speak on the US economy. The market will be looking for clues on his feeling on inflation, growth and Fed policy. ......

Forex News Preview:Canada Wholesale Sales due to be released at 8 ... read more. Go to Full Article

Bobby's Corner-Market Open 5.20.2008 Tuesday May 20, 2008. Good Morning:. The IMF commented this morning that the US housing decline will continue to weigh down on financial markets. Traders saw this as dollar negative thus taking any steam out of the greenbacks short ... Go to Full...