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JPY (Yen) Forex Technical Analysis
The past trading day did not have events that could influence the realization of the earlier drawn up trading planes.
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Pound Struggles at 1.50 as Traders Assess UK Risk
A very uneventful night in FX so far with equities keeping mild downside pressure on risk currencies, but with tepid flows and tame price action characterizing trade there was little directional bias in Asia and early Europe.
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Forex Pre-New York Open
Risk-aversion has been back on the table Tuesday, as key global equities continue to probe for a floor. Traders are now facing the danger of an “L-shaped” recovery rather than a “V” or a “U”. The lackluster outcome of the G20...
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Sterling still under pressure
Recession profiles in all the major economies will provide some degree of protection for Sterling, but rallies will quickly attract selling pressure given that confidence has been badly damaged
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Forex - Risk aversion remains high in currencies after weak data and lower stock markets.
BuyOnTheDip said: @WeeklyTA ... Your ch"art" work is money. Congrats! $$
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Citi cuts 52'000 jobs, markets jitter and stumble amidst continued fear of a globalized recession extend U.S session losses into Asian trading.
The Yen has risen 14% against the dollar in the past three months, the world’s best performer – the above mentioned carry trade is a...
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EUR/USD - Euro Dollar, European Session - 18/11/08
1,2601.
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EUR/USD: Trading the U.S. Consumer Price Index (CPI)
The U.S. dollar could face increased volatility on Wednesday as economists predict the consumer price index to slip to 4.0% from 4.9% in September. In...
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Bank of England to Ease Policy Further to Meet 2% Target For Inflation
Airelon: I'll update the daily blog with a video on my thoughts before at when I made the Ford trade - probably won't be up for another hour or so
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Pound Trades Heavy As Inflation Drops the Most in 11 Years
The Pound traded to as low as 1.4960 after reaching a high of 1.5092, as U.K. consumer prices unexpectedly declined 0.2% in October. The drop in inflation...
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EUR/AUD - Euro Australian Dollar, European Session - 18/11/08
1,9532.
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EUR/CAD - Euro Canadian Dollar, European Session - 18/11/08
1,5499.
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EUR/CHF - Euro Swiss Franc, European Session - 18/11/08
1,5130.
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EUR/JPY - Euro Yen, European Session - 18/11/08
121,86.
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Market Overview by Forex Yard
Economic News
* USD
Choppy Trading Day Yesterday for the Dollar
Following a day of trading that was uninspired by the weekend's G20 meeting, the Dollar was relatively unmoved against the EUR, though traded in a wide range throughout the day. The Dollar...
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