FX Technical Analysis by iForex.bg The British Pound also descended significantly yesterday against the US Dollar from Thursday's top 1.7854 to the bottom 1.7539, which are the the first resistance and support levels respectively for the currency couple today. Go to Full Article

Forex Market Update: Yen Rises as Risk Appetites Fades The Japanese yen continues to shrug off USD strength as traders unwind carry trade and structured positions in JPY crosses, fueling JPY cross stop-loss... Go to Full Article

ETFs Stunted While Europe Battles The Inflation Beast Two key banks in Europe left their interest rates untouched as they wait to see if slower growth will ultimately give life to the economy and exchange traded funds (ETFs). Borrowing costs were left at 4.25% by the European Central Bank, ......

Forex Trading News: ECB President Trichet on the Wires Highlights from Trichet:. ECB TRICHET: ECONOMIC UNCERTAINTY HAS DECLINED IN PAST 25 YEARS AND RISK AVERSION MAY RESURFACE - Correction of prior market excesses are welcomed, even though they may be painful ... Go to Full Article

Forex Trading News: French Government Budget Balance Released ... The French Government Budget Balance came out at -51.4B from the previous -32.8B proving that less revenue was received than spent. This was forecast for a small drop to -33.5B. The EUR did not move much after this data. Go...

Forex Trading News: EURJPY Falls to 13 Month Lows Earlier in the session, behind the US stock market dropping significantly in the NY sessoin, traders quickly fled their carry trades bringing the EURJPY down to 13 month lows. The JPY was able to make large gains across the board making ... ...

Forex Trading News: AUDUSD Still Under Pressure With the USD firming up pretty much across the board (except vs. the JPY), the AUD remained under pressure. The pair did find strong support however at the 61.8% Fibonacci level or .8100. Go to Full Article

Israeli Hi-tech Startups Are Hanging In There With global capital markets in the middle of a meltdown, it would be expected that the Israeli hi-tech startup industry would be in shambles. With most investors hunkered down waiting for the storm to pass, they wouldn’t seem to be in ... Go...

A Fresh Look At The Payroll Employment Report Each month the market reacts and over-reacts to the payroll employment report. The problem is that the BLS has been asked to measure the monthly change in employment. Why? Because that is what we want to know. The problem? ... Go to Full...

Large Scale Ascending Triangle In Copper Futures A reader asked me yesterday to look at a potential ascending triangle on the 3-year chart of copper and indeed that is the dominant structure of Copper prices and it’s definitely worth a second look. Let’s take a look at the compressed ... ...

Pimco’s Bill Gross Stares Down “Financial Tsunami” Ugly. That’s how I would describe the markets today. In fact, it is one of the ugliest days I have seen in some time. Everything is down. And I do mean everything. Gold, oil, natural gas. Down, down and down. The same is true for...

Pimco Goes Active With Filing For Bond Funds Pimco’s eagerly anticipated entree into the exchange traded fund (ETF) world will feature actively managed bond funds, among others. Their announcement in July that they had filed for ETFs with the Securities and Exchange Commission ... Go...

Japanese Yen Gains Over 2.5% Against High-Yielders on Fears of a 'Financial Tsunami' We know that risk sentiment remains the primary driver of the Japanese yen because political turmoil has recently emerged and Japanese economic data has... Go to Full Article

Forex Preview: US Non Farm Payroll and Unemployment for August Find attached a preview of the all important US Employment Report for August. The expectation is for a decline of 75000. What are the risks? What are the trends in employment? For a full analysis click on the link below ... Go...

Neurocrine Bio A Buy Under $5 We have long stated that Neurocrine Biosciences Inc’’s (NBIX) stock is stuck in a tight trading range until investors get an update on both elagolix and indiplon. We got the first update in early September when the management released ... Go to Full...