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Forex Trading: The plan announcement leads to a rise in the dollar ...
The announcement of an agreement on a rescue plan is reported to be done with details still to be ironed out and final votes on Friday or Saturday. The dollar rallied off the news but have found sellers/profit takers. ... ...
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Forex News: Canadian PM Harper on the wires
The Canadian economy has slowed in the face of the world economic slowdown, but Canada fundamentals of the economy are good. He adds, borrowing is very constrained.
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Forex News: Senator Dodd says Rep and Dems have reached an agreement
A Reuters report has said that Sen. Dodd has said the Republicans and Democrats have reached a "fundmental agreement" on the principals of the bailout bill.
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Forex Trading: USDJPY moves above yesterdays highs
The USDJPY has moved above yesterdays highs. We have now seen higher highs for the second straight day. Overnight the Merchandise Trade Balance showed a deficit of 324.0 billion yen which was the first deficit since January 2008 and the ... ...
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Forex Trading:EURUSD still range bound as fluid news keeping ...
The EURUSD continues to trade defensibly within a range. The economic numbers were weak today in the US showing signs of effects of the credit crisis. However, there were some concerning comments from ECB officials and Ireland...
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Urgent Appeal: Recapitalize Financial Institutions Rather than Bail Out Debt
In the coming days, Congress may authorize $700 billion to buy bad debt from financial institutions. Even if all challenges of the plan were to be overcome, the plan does not address one of the fundamental reasons...
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Market Update from Trade The News
US Market Update
Dow +220 S&P +24.5 NASDAQ +39
- Investors are looking through the
same storm clouds that have hovered over markets for more than a year, and
focus is squarely on Washington and the hopeful expeditious passage of a
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Forex Trading Signals Forecast USDCAD Declines, but We Predict Short-Term Bounce
Our Forex trading signals continue selling the US dollar against the Canadian dollar, but there are signs that the USDCAD may bounce off of nearby support....
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EURUSD Possible Head and Shoulders Bottom
There is a potential inverse head and shoulders that has formed in the EURUSD. The pattern would be confirmed on a break above today's high (1.4768). Above...
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Down Under Currencies Rally on Bailout Plan
Risk appetite improves as bailout plan moves closer to passageDown under currencies are rallying today in FX trading as a proposed bailout plan moves a little bit closer to acceptance by U.S.
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Daily Market Update by K. Klombies, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by R. W. Colby, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by J. Wyckoff, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by D. Jobman, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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New Home Sales Fell Sharply in August
Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups
Click for the full report.
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