What’s Up with Asian Currencies? With the US dollar reaching new lows versus hard currencies, many are waiting for Asian currencies to catch up. Why hasn’t this happened, and will it happen? The short answer is: it might, but be patient and don’t bet your farm on it. ... Go to...

Daily Market Commentary - GCI Financial EURO. The euro appreciated vis-Ã*-vis the US dollar today as the single currency tested offers around US$ 1.5770 level and was supported around the $1.5635 level. Technically, today’s intraday high was right around the 23.6% retracement ... Go to...

Bank of England: To Cut or Not to Cut Interest Rates Of the 3 central banks holding monetary policy meetings next week, the Bank of England is the only one expected to alter interest rates. A 25bp rate cut... Go to Full Article

US Dollar Remains Soft as US Labor Markets Deteriorate Downward pressures for the US dollar flared as fresh employment data amplified recessionary concerns, and spurred many investors to dump their holding... Go to Full Article

More Caution Expected from the Bank of Japan The Bank of Japan will also be holding a monetary policy meeting, but with interest rates already at 0.5 percent, there is not much room for the central... Go to Full Article

British Pound: Unfazed By Weaker Economic Data Activity in the UK service sector slowed to the weakest level in 4 months, which led to some temporary weakness in the British pound. Go to Full Article

Forex Video - US Dollar Dips As NFPs Post Worst Reading in 5 Years, BOE Could Weigh on GBP/USD Next Week See the article... Go to Full Article

Euro Volatility to Remain Depressed Leading to European Central Bank Rate Decision Implied volatility is one of the most tried and true methods for objectively measuring expected volatility in the spot market. Derived from currency options... Go to Full Article

US Dollar: Calmer Times Ahead? - Will the ECB Acknowledge the Slowdown in Growth? - Bank of England: To Cut or Not to Cut Interest Rates? Go to Full Article

Forex Ahead: Next week the BOJ, BOE and ECB make interest rate ... After the weaker than expected US employment report on Friday, the market will open on Sunday night with lower growth expectations in the US and presumingly a lower dollar bias. However, the effects of the slower US growth...

AUD/USD: Asian Commodity Demand May Help Narrow Australia'??s Trade Deficit While most central banks are in the process of cutting rates - such as the Federal Reserve and the Bank of Canada - or are considering reducing rates,... Go to Full Article

EURO / Yen decline is far from over The EURJPY is 1,000 pips from its August low near 149. The strong rally has some proclaiming that the uptrend is intact and that the EURJPY is headed to... Go to Full Article

Forex News: Feds Kroszner on the Wire FED LIQUIDITY STEPS SEEM TO HAVE BEEN HELPFUL; LIQUIDITY SEEMS IMPROVED IN SOME MARKETS; RATE CUTS, LIQUIDITY STEPS WILL PROMOTE GROWTH; US BANKING SYSTEM IN SOUND OVERALL CONDITION. Go to Full Article

Forex Trading: See position squaring as we head into the Friday ... We are seeing what seems to be position squaring in the pairs this afternoon. Shorts in USD JPY seem to want to buy back before the weekend on dips. The GBPJPY seems to also be content with buying dips. EURUSD has some...

Forex Trading: USDJPY approaching resistance at 102.11 The USDJPY is approaching resistance at 102.11. This was a key level on the way back down after the choatic trading after the Non Farm Payroll figures. Go to Full Article