Market Overview by Forex Yard Economic News * USD Weakest day for the USD in five days Yesterday, the greenback saw bearish trends against its rival currencies, retreating from this week's eight-month highs versus a basket of currencies. The greenback was greatly affected by an...

Varengoldbank FX - Daily FX Report This morning’s Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar. Click for the full report. Go to Full Article

Forex & Economic Commentary by Lloyds TSB The preliminary estimate of UK Q2 GDP showed growth slowing to 0.2% on the previous quarter and to 1.6% on the year. We expect this to be confirmed in the second estimate this morning, but there is a risk of a downward revision because manufacturing...

Betonmarkets.com Morning Report Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com The FTSE is currently indicating a flat opening as traders await for the release of the UK GDP numbers. While analysts are expecting a gain of 0.1%, there is more of...

FX Comment - CMC Markets Please find below today's forex comment from James Hughes, market analyst at CMC Markets. August 22nd - Yesterday's disappointing leading economic indicator data out of the US served up the latest blow to the dollar, once again helping erode the greenback's...

Foreign Currency CDs And More, A Good Idea? Marc Faber recently stated that his personal holdings included foreign currency. I haven’t really explored this investing island for a long time. If you are tired and stock-heavy in an internationally volatile market, perhaps foreign ... Go...

Forex Trading News: EURUSD Finds New Resistance (CLICK FOR EURUSD ... The EURUSD finally broke the 38.2% Fibonacci level overnight yesterday as the pair during USD consolidation was stuck in between 38.2% and 0% for several days. Today during the NY session, we saw the 50% level get broken...

GBP/JPY Short-Term Technical Outlook Currency Pair: GBP/JPY Chart: 15 Min Charts Short-Term Bias: Short The GBP/JPY has come under heavy selling pressure after peaking to 216.0 in late July,... Go to Full Article

Wednesday: US Stock Market Summary Yahoo (YHOO) is reporting on their front page of the financial section that investors were focusing on the bullish call today by Dick Bove when he upgraded Lehman (LEH) to a ‘buy’. Well first of all Mr. Bove has been a frequent target ... Go to...

Platinum ETFs In For A Challenge In Market Recovery Platinum exchange traded funds (ETFs) could be in for some tough times ahead. Platinum Today reports that the metal, along with other precious metals, could face challenges as the market begins to recover and the dollar exhibits ... Go...

Wednesday: Daily Forex Market Summary EURO. The euro moved sharply higher vis-Ã*-vis the US dollar today as the single currency tested offers around the US$ 1.4890 level and was supported around the $1.4730 level. The common currency rallied on growing speculation the US ... Go to Full...

Does Inflation From The Old VS New CPI Matter? NO Some of the recent CD discussion has focused on the possible difficulties of comparing today’s inflation rates to the inflationary 1970s period because of the changes that have been made to the way the BLS calculates the CPI. ... Go to...

Geothermal Energy In Australia And The US The Aussies have a head, and a continent, full of steam. This week, geothermal energy enthusiasts in the Australian government are throwing out some astounding projections of how much potential underground steam-based power the ... Go to Full...

Stock Picks And Trade Ideas For Friday - QCOM, BIDU, LEH, RMBS Chart courtesy of stockcharts ( click to enlarge ). Rambus (RMBS) was the strongest stock on Thursday. It has crossed its medium term resistance at $15.78 ( 20 EMA ) with strong volume. The technical daily chart shows the stock...

Forex Trading News: Economic Calendar (8/22/2008) Friday, August 22, 2008. Go to Full Article