Bobby's Corner Market Open 8.20.2008 Good Morning:. The dollar continued it’s across the board climb overnight after Tuesday’s hic up. The Euro faltered as concerns that the Euro Zone’s economy is showing signs of weakening. read more. Go to Full Article

Forex Trading News: UK CBI Industrial Trends Orders Released The CBI Industrial Trends Orders comes out worse than expected at -13 from the previous -8. This was forecast for a drop to -12. The GBP, which was already softening up pre-data, fell to session lows behind this weak news release. ...

Forex Trading News: UK Data Released The MPC Meeting Minutes came out at 7 hold 1 increase and 1 decrease from the previous 7 votes to 2 hold. This was expected for no change:. BOE MINUTES: BOE VOTED 7-1-1 TO HOLD RATES AT 5.00% AT AUGUST 7TH MPC ... Go to Full Article

Forex Trading News: GBPUSD Reversing Asian Session Gains The GBPUSD, coming off gains during the Asian session, has been dragged down before the MPC Meeting Minutes at 4:30 AM as speculation grows on a dovish tone from the Bank of England. We will post the MPC Minutes upon the release... ...

Forex Trading News: Bank of Japan Monthly Report Released BOJ MONTHLY REPORT: LOWERS ASSESSMENT OF ECONOMY AS EXPECTED. - Lower assessment of exports, cuts view of private consumption, cuts CAPEX assessment and cuts assessment of output. - The BoJ notes that growth is sluggish due to high ... ...

Forex Trading News: A Look at the EURUSD The EURUSD gained some momentum but failed to break through the 1.4800 level during the Asian session today. 1.4800 will provide some strong resistance for the pair as it is a key Fibonacci level as well at 38.2%. Go to Full Article

Forex Trading News: Forex and Economic Preview (8/20/2008) Attached are the Forex and Economic releases and previews for today. Go to Full Article

Forex Trading News: Economic Calendar (8/20/2008) Wednesday, August 20, 2008. Go to Full Article

Forex Trading - GBP/JPY Trying to Retrace Losses Utilizing the July 23rd highs and the August 13th lows we developed the retracement analysis below, showing a number of barriers the pair needs to break in order to gain any momentum to the topside (highlighted below). ... Go to Full Article

Poor PPI and Dismal Housing Start Data Provides Dollar Retracement US inflation data is being quoted as the worst since 1981. The US Housing market continues to show severe contraction. This may actually be a good sign that we are approaching the "bottom of the cycle. It is refreshing when...

Driver losing control.. RBA bashes the banks. THE Reserve Bank has partly blamed Australia’s private banks for creating conditions that risk pushing the nation into a “deeper and more persistent slowdown”. The central bank’s board also seriously considered ... Go to Full Article

Wednesday: Daily Forex Analysis Today’s US Dollar Trading • USD finally weakens • Volumes a bit lower • US news no help. Overnight Preview • Look for consolidation • USD likely to have a weaker bias mid-week. Looking Ahead to Wednesday All times EASTERN (-5 GMT) ... Go to...

CBI Declines, Fueling Growth Concerns See the article... Go to Full Article

Dukascopy Daily Forex Overview Yesterday equities remained under pressure on ongoing concerns about the health of the financial sector and the outlook for the global economy. In Europe, the equity indices lost more than 2% and also in the US equities closed once again lower. The S&P 500...

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. Go to Full Article