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U.K. Pound Forex Trading Strategy
News continues to be bad for sterling in currency tradingThe U.K. pound continues to falter in forex trading, and it seems the only strategy right now is to short.
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Wachovia Daily FX Report
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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Market Update from Trade The News
European Market
Update: European Equities continue to rally post GSE bailout; UK data
highlights slowing economy
.***Data***
- (GE) July Current Account ?11.8B v ?15.0Be;
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British Pound Tops Analyst Picks As Momentum Comes Into Question
British Pound Tops Analyst Picks As Momentum Comes Into Question The sharp increase in volatility through Monday's open is a stain on the historical charts...
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AUD/USD - Australian Dollar US Dollar, European Session - 09/09/08
0,8127.
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EUR/AUD - Euro Australian Dollar, American Session - 09/09/08
1,7408.
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EUR/CAD - Euro Canadian Dollar, American Session - 09/09/08
1,5040.
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EUR/CHF - Euro Swiss Franc, American Session - 09/09/08
1,5995.
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Canadian Housing Starts rebounded to 211.0K units
Canadian Housing Starts rose to 211000 annualized units up from 186.5 last month, A multilple unit project bumped up the figures this month.
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Bobby's Corner Market Open 9.9.2008
Good Morning:. The dollar lost some steam overnight-as speculation mounts that consumer spending will slow down-as the housing market continues to weaken. The Euro got a boost on rumors that Pfizer Inc. may takeover Bayer AG- Germany’s ...
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EURUSD moves higher in the face of weaker German Trade balance ...
The EURUSD traded moved higher in the early London session (after moving lower in the Asian session) this morning in the face of the German Trade report that showed Imports down/Exports up on oil. Imports were down as major...
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FOMC Bernanke to speak at 9:00 AM EDT.
9:00 AM EDT. Fed Chairman Bernanke will speak about education at a White House conference. He is not expected to speak on the economy but you never do know.
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Forex News Preview: IBD/TIPP Economic Optimism Index due at 10:00 AM
10:00 AM EDT, IBD/TIPP Economic Optimism Index for the month of September Estimate: 44.0 versus 42.8. Last month the index rose to 42.8 from an all time low of 37.4 in June and July. Given the sharp fall in commodity and...
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Forex News Preview: Canada Housing Starts due out at 8:15 AM EDT
The expectation is for a rise to 194000 annualized units up from 187000 units last month. Last months figures were the lowest level this year. The drop was attributed to higher rates and high prices which are leading to a...
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Forex News Preview: US Wholesale Sales due at 10:00 AM EDT
read more.
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