Forex Trading: GBPUSD moves higher but running into sellers The GBPUSD did in fact move higher off the lows on short covering/bottom pickers (SEE EARLIER POST FOR THE SETUP). The pair ran into initial resistance at the 1.7869 level, reaching a high of 1.7870 then 1.7872 before moving down to...

Hurricane Premium Off the Table, What is the Impact on Growth With Hurricane Gustav being downgraded to a tropical depression, the Hurricane Premium is off the table. Oil prices have plunged more than $10 a barrel since Friday with $100 a barrel now within striking distance. ... Go to...

Forex News: US ISM Manufacturing comes out as expected. Prices weaker The ISM Manufacturing comes in at 49.9 versus 50.0 Expected. Prices Paid comes in at 77.0 versus 82.0 Expectation. Employment falls to 49.7 from 51.9. Go to Full Article

Oil Trades Limit-Down After Hurricane Gustav Failed To Decimate ... And so it begins. With staffing levels returning to normal, today marks a fresh beginning on a whole host of levels. Consider that today marks: ….the beginning of the late year performance drive for funds and banks, though...

India’s Appetite For Gold Is Voracious In light Labour Day trading yesterday, gold fell as Hurricane Gustav did not impact the Gulf of Mexico as severely as had been expected. Gold has continued to fall in trading in London as oil prices have continued their recent slide and ... Go to...

An Uncertain Future For Active Bond ETFs In the world of active exchange traded funds (ETFs), the interesting area of portfolios consisting of bonds has emerged. The first actively managed ETF, the Bear Stearns Current Yield (YYY), was actually a bond fund and launched on ... Go to Full...

Forex Trading: GBPUSD liquidates. Down for 18 of 23 days The GBPUSD is down again today as the further liquidation takes place in the pair. The pair has been down for 19 of 23 days now and 7 of the last 8 days. Like the EURUSD it is hard to pick a bottom. However, the pair is oversold and ... ...

Forex Trading: EURUSD moves below 1.4500 overnight. Gets closer to ... The EURUSD continues to move lower as the feeling remains that the US economy will benefit more from the lower oil prices and the Eurozone is getting behind the curve as they focus on inflation and not growth. ... Go...

Forex News Preview: ISM Manufacturing Index due out at 10:00 AM EDT read more. Go to Full Article

New hardware setup I have not been upgrading my trading hardware for a long time. I used to trade with my laptop and a old 15″ LCD monitor for the past few years. OK, I am a stingy asian man. LOL. Anyway, I just got my Samsung SyncMaster 2253LW 22″ LCD ... Go to Full Article

EUR/CAD - Euro Canadian Dollar, European Session - 02/09/08 1,5578. Go to Full Article

EUR/CHF - Euro Swiss Franc, European Session - 02/09/08 1,6077. Go to Full Article

EUR/JPY - Euro Yen, European Session - 02/09/08 157,39. Go to Full Article

EUR/USD - Euro Dollar, European Session - 02/09/08 1,4573. Go to Full Article

GBP/JPY - British Pound Yen, European Session - 02/09/08 193,31. Go to Full Article