Forex News: US Initial Claims higher than expected. Continuing Claims Initial Claims: 406000 versus from revised 372000. Higher than expected (376000ish). 4 week moving average 382500 from 378000 prior week. Continuing Claims: 3107000 versus 3.104,000. Down on the week. The largest increase...

Bobby's Corner Market Open 7.24.2008 Good Morning:. The dollar rose overnight as German Business Confidence sank to the lowest level since 9-11. The dollar also got a boost as the US Senate considers legislation that would bail out Freddie Mac and Fannie Mae. ... Go to Full Article

Forex News Preview: US Existing Home Sales due at 10:00 AM EDT The largest measure of the state of the US housing market, the Existing Home Sales, will be announced at 10:00 AM EDT. read more. Go to Full Article

Forex News Preview: US Initial and Continuing Claims due at 8:30 ... read more. Go to Full Article

07/24/08 trade I expected meltdown through previous support but it didn't happen. +5. Go to Full Article

Thought process My thought process in first eur/usd trade was something like this: We have now run towards 720 which so far was support two times. Something got to happen it will break down and I will short it from 720 or we are just testing strength ... Go to Full Article

US Existing Home Sales Fall More Than Expected To Record Low See the article... Go to Full Article

Forex Trading - Cable Lower on Retail Sales The Cable chart featured below shows the GBP/USD pair trading in a downward channel since July 15th highs, last seen in late March. A weak Retail Sales report today was the culprit for this session's sell off, but the downward channel ... Go to...

Forex Trading News: EUROZONE PMI Data Released RELEASED EARLY:. The Manufacturing PMI came out worse than expected at 47.5 from the previous 49.2. This was forecast at 48.7. The Services PMI came out a bit below forecast at 48.3 from the previous 49.1. This was forecast at 48.8. ... Go...

Forex Trading News: German PPI Data Released The German Manufacturing PMI comes out at 50.9 from the previous 52.6. This was forecast for a drop to 52.0. The Services PMI comes out at 53.3 from the previous 52.1. A drop to 51.5 was forecast. Not much reaction from the EUR after ... Go to...

Forex Trading News: French PMI Data Released The French Manufacturing PMI comes out at 47.3 from the previous 49.2. A drop to 49.0 was forecast. The Services PMI comes out at 47.0 from the previous 50.1. A drop to 49.7 was forecast. The EUR got dragged down across the board after ... Go...

Forex Trading News: PMI Previews At 3:00 AM the French Manufacturing and Services PMI are released. At 3:30 AM the German Manufacturing and Services PMI are released. At 4:00 AM the EUROZONE's Manufacturing and Services PMI are released. ... Go to Full Article

Here's 3 Strategies You Can Use To Trade Forex Breakouts… One of the most popular methods traders use to trade the markets is breakout trading. (...) Go to Full Article

Dollar Giving Up Ground - fxstreet.com It was a quiet Monday - but the Dollar continued to drift lower against the Majors The Euro is in a Trend Channel - Wants to go Higher? Nice Sideways Symmetry - The CAD - USD has retested and broken parity again today Jerry Furst is an ... Go to...

Foreclosures Still Rising In California Over the last few months I have been writing articles on the improving housing market in the Sacramento region, with a little Las Vegas thrown in. I write on these areas because I am familiar with the markets and these were some of the ... Go to...