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Forex Trading: GBP data out in 2 minutes... GBP data out in 2 minutes. M4 Money Supply & Manufacturing PMI. Go to Full Article
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Forex Trading: USD/CAD ranging as well, with Oil relatively ... USD/CAD ranging as well, with Oil relatively unchanged. It's down a little for the day thus far, about -.80 @ 126.54 indicatively. Go to Full Article
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Forex Trading: USD/JPY leading USD a little lower as the JPY ... USD/JPY leading USD a little lower as the JPY crosses take it down. GBP/JPY saw a nice follow through which got enough JPY paid it seems to take down USD/JPY. Go to Full Article
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Dell Turnaround Stoked By Emerging Market Sales Dell Inc. (DELL: 23.06 +1.25 +5.73%) reported a solid first quarter with earnings of $.38 per share on $16.08 billion in revenue. The results beat Wall Street estimates of $.34 EPS and $15.68 billion in sales. This is positive news for ... ...
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Euro Moving Up Against Dollar EURO. The euro appreciated vis-Ã*-vis the US dollar today as the single currency tested offers around the US$ 1.5550 level and was supported around the $1.5460 level. Technically, today’s intraday low was just above the 23.6% retracement ... Go to Full...
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US Economy Looks ‘OK’ Compared to Canada’s The US dollar was initially stronger versus the Euro, Swiss franc, British pound and Japanese yen Friday, but its gains gradually faded into the US session. The Euro gave way a little during the European session upon the release of ... Go...
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Sunday chart scanning summary I did not have a chance to trade for the past week. My day job is getting ridiculously busy. Most of time, I miss out Asian, London session totally. Well, it happens sometime. Next Saturday, I will be flying to Malaysia for 2 weeks ... Go to Full Article
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Big Week Ahead - Non-US Interest Rates and NFP Interesting. Traders should be aware that scheduled news events for the first week of June are nothing to go on vacation about! The Interest rate announcements from the UK and Euro Zone will be crucial to watch. ... Go to Full Article
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Carnival of Forex Trading — June 1, 2008 Landy Trapper presents Low Cost Options Are Available For The Forex Beginner posted at Forex Trading System Secrets. Jed Norwood presents Forex Market Basic Truths posted at Forex Strategy, saying, “In this post I have listed some basic ... Go...
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US GDP and Unemployment Figures:Good? -- Oil: Bad? Volatility was muted as GDP and Unemployment numbers came in with no surprises and barely fazed the currencies. GBP-USD 1 Minute Chart 11am EDT. 2008-May-29-2008-GBP-USD-1 Min-Triangle. Triangle Patterns Can Work on Any Time Frame ... Go...
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Large Speculators Flipped To Short the Euro In Futures Market In the past week we saw some weak economic data from the US, but ‘weak’ isn’ta bad thing, putting it in the context of a country (which is the US) that is facing a big crisis in many decades. The more important thing is that...
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Two Ways to Profit From the World’s Newest Markets Many people are in sticker shock thanks to high gas prices and oil that punched through the $135-a-barrel level recently, before sliding back. And many investors are feeling left out because they haven’t been part of the incredible bull...
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Diamonds & Silicon Keep Selling Despite Downturn Yesterday we saw that mid-end retailer Sears (SHLD: 84.59 -1.55 -1.80%) is struggling, but today we see a completely different picture from high-end jeweller Tiffany (TIF: 49.05 +1.31 +2.74%). The low dollar is doing wonders for them as ... ...
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Major Reset Needed in Housing Expectations Speaking of housing here is a link to a NY Times article on the recent housing report that I think does a better job of covering the situation than the articles Marek was deriding. Furthermore if you want to understand the future ... Go to Full...
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Forex Trading: USDCHF approaches key support After 3 days of trading higher, the USDCHF has sold off today as the dollar softened. The pair is approaching support at the 1.0403-1.0408 level. This area corresponds to the 38.2% retracement level (1.0408) and the 100 hour MA (1.0403) ... Go...
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