Euro Rises Against Dollar on Housing Decline in US Dollar dropped its position against the euro today after the yesterday’s interest rate decision failed to support the US currency for more than several hours. Poor housing reports showed another (unnecessary) sign of the ongoing ... Go...

Forex News: JPY Tertiary Industry activity Index m/m JPY Tertiary Activity Index Out at 1.2. Expected at 0.5%. Prior -0.8% Go to Full Article

Market News for Sept 17th 2008 Market News for Sept 17th 2008 Shawn Powell and Greg Michalowski discuss the AIG Govt bailout. read more. Go to Full Article

EURUSD breaks above resistance. GBPUSD continues its move higher. EURUSD is now trading above the 1.4367 level. This corresponds with the 100 bar moving average on the 4 hour chart.. A move above the September 15th high of 1.4481 will lead to a target of the 38.2% retracement of the move...

S&P's Chambers says the US rating is not negative but stable Alleviates some of the tension for the time being. Go to Full Article

Resistance level in the EURUSD The EURUSD has moved up to the 100 bar moving average on the 4 hour chart and run into some offers. The markets remain vulnerable, volatile and illiquid as stock worries and structural problems in the US financial system have begun to ... Go to Full Article

Gold up $86. Dollar getting hit hard. Gold biggest one day gain in history. DO not get in the way. Go to Full Article

Dollar getting hit on further flight to quality and US fears The EURUSD is testing the high for the day at 1.4270. A break higher will target higher levels. GBPUSD heading into the target area (see earlier post). A break above the 1.8129 will solicit additional buyers. Go to Full Article

GBPUSD continues to hold the moving average support The GBPUSD has held the 100 hour moving average and is currently testing the high for the day at 1.7979. The pair has tested the moving average 3 separate times. The level currently comes in at 1.7829. ... Go to Full Article

Euro Surges Despite Widening Trade Deficit, Swiss National Bank Expected to Leave Rates at 2.75% The euro rocketed against the US dollar on Wednesday due to a variety of factors, including a 6.4 percent jump in WTI crude oil futures (dollar bearish)... Go to Full Article

US Dollar Vulnerable To Weakness On Fed Cut Expectations, Financial Instability The US dollar fell sharply on Wednesday as the markets are now weighing the odds of a rate cut before the end of the year. Go to Full Article

US Government Pulls Out All the Stops, But Traders Still Believe ... The US government is pulling out all of the stops but the market is not convinced that the storm has passed. The price action in everything from stocks, bonds, the US dollar and gold indicates that every new rescue is...

How Does the Euro’s Trading Range Stack Up Historically? Since the beginning of the year, the EUR/USD has had a trading range of 21 big figures or 2100 pips. The high of 1.6038 was set back in July and while the low (so far) of 1.3882 was hit last Friday. With an average annual range of...

Cowabunga System Daily Update: Wednesday, 09/17/08 Unfortunately we took a small hit today but proper money management can keep that smile from turning upside down....gnarly! See how it all went down in today's Cowabunga Surf Report. (Including Video) Go to Full Article

Automated Trading Signals Sell Japanese Yen against Pound and Euro Our Forex Buy/Sell Automated Trading Signals placed buy orders on Euro-Yen and Pound-Yen within the last 60 minutes. Trailing-stops were also entered for... Go to Full Article