FX Correlations (April): How Do Currencies Move In Relation To Each Other? See the article... Go to Full Article

New Zealand Dollar Technical Outlook Our preferred count has been that a 1st wave down from .8215 is a leading diagonal and a wave 2 bounce ended at .8033. Go to Full Article

Yen Technical Outlook This 15 minute chart shows a 5 wave decline from 104.88 and corrective setback. Go to Full Article

British Pound Technical Outlook We are treating the drop from 2.0396 as a leading diagonal (wave 1 of C within the A-B-C decline from 2.1160). Under this interpretation, the GBPUSD rally... Go to Full Article

Euro Technical Outlook The bearish break this morning confirms that wave 3 (or c) within the 5 (or 3) wave bear cycle from 1.6018 is underway. Go to Full Article

Swiss Franc Technical Outlook The USDCHF is testing 1.0473; which is where the rally from .9871 would equal the .9647-1.0249 rally. Go to Full Article

Canadian Dollar Technical Outlook We remain aggressive USDCAD bulls as advances since the .9055 low are in 5 waves and declines are in 3 waves. Go to Full Article

Australian Dollar Technical Outlook Unfortunately, the AUDUSD broke through .9403 but did not exceed .9541. Go to Full Article

Kathy Lien on Fox Business I was on Fox Business this morning with Alexis Glick talking about inflation in the rest of the world. Not really relevant to us trading G-10 currencies, but nonetheless fun and interesting. Hit the play button and the video will load. Go to Full Article

Strong Rise In US Consumer Spending Lifts Dollar The broad performer of the day in the currency markets is the US dollar, which got a lift in sentiment from mostly better-than-forecast economic data and the Fed’s hint of a rate cut pause. First of all, US consumer spending rose 0.4% ... ...

Could the Fed Be Exporting Stagflation to Europe? By Jennifer Yousfi And William Patalon III. The US Federal Reserve reduced the benchmark US lending rate by a quarter point - from 2.25% to 2% - yesterday (Wednesday), and then hinted that it will take a break from one of its ... Go to...

US Dollar Forex Trading Strategy Currency trading with the greenbackUS dollar forex trading strategy should consider that the Fed made a statement that could indicate a pause in interest rate cuts -- at least for a while. Bloomberg reports on the Fed's statement: ... Go to Full Article

Daily Market Analysis - ForexPros - 01/05/08 Today’s USD Trading. • USD quiet in Asia, firms in Europe • GBP and EURO rally after rate cut • Whipsaw in the majors. Today’s Economic Reports All times EASTERN (-5 GMT) • 8:15am ADP Private Payrolls, Actual+ 10000 ... Go to Full...

Jobs and Income Fall in United States May Day resulted in some unexpectedly bad fundamental data releases from the United States. Labor market, income, spendings, construction and manufacturing were covered in today’s reports and none of them showed something optimistic for ... Go to...

Forex News: Dollar Gains On FOMC Pause, U.K. Manufacturing Slips See the article... Go to Full Article