Forex Trading: EURUSD rebounds off the lows The up and down EURUSD found support against the low set on June 5th. Needless to say the volatility in the EURUSD has increased dramatically with a nearly 5 point up and down move in the last 7 days. It certainly indicates a unsure ... Go to...

Forex News: Retail Sales Strong, Employment weak, Import Inflation ... The Retail sales came in at 1.0% and 1.2 for the Less Autos figure. Stronger than 0.5% and 0.7% respectively. Prior month was revised higher as well with the headline going up 0.4% from -0.2% and ex Auto up 1.0% from...

Forex New Preview: US Initial and Continuing Claims due at 8:30 AM EDT At 8:30 AM EDT, the weekly US Initial and Continuing Claims data will be released. Last week the Initial Claims surprised the market when they declined unexpectedly to 357000. This was the lowest level since 345000 in the...

Forex Trading - Irish vote on the Lisbon Treaty Thursday Today (June 12) the people of the Republic of Ireland vote on the Lisbon Treaty This treaty is a replacement for the EU Constitution which failed to gain approval due to no votes from France and Holland . ... Go to Full Article

Forex Trading - Irish CPI CPI in Ireland came in higher than expected at 4.7% year over year versus the 4.5% survey and the 4.3% reading in April. The news has had little effect on the Euro or the Sterling ahead of the results from the Irish Referendum on the ... Go to Full Article

Forex Trading - USD/CAD - Can the rebound continue? Two days ago BOC shocked the markets by holidng the Bank rate steady - sending USD/CAD much lower. Now we are seeing a rebound off the lows range will develop 1.0210 - 1.0240 - which way the break? Go to Full Article

Forex Trading News: EUR Industrial Production Released The EUROZONE Indsutrial Production comes out at 0.9% from the previously revised -0.5%. This was forecast for a slight rise to 0.0%. The EUR firmed up across the board after this data was released better than expected. Go to Full...

Forex Trading News: UK BOE CPI Expectations Released At 9 Year Highs The Bank of England Inflation Attitudes, or the 12-month CPI expectation comes out at at its highest levels since 1999 at 4.3% from the previous 3.3%. There was no forecast for this number. 48% of the survey members expect...

Wednesday’s Trading: Currency Markets Take Cue From Sliding US Stocks The currency market is taking its cue today from the performance of US stock markets in the absence of major US economic releases. The US dollar initially rose against the Euro, Swiss franc, British pound and Japanese...

The Big Problem With Underestimating Liquidity You can never say never in this business. Although it’s not a terribly noble thing to admit, many market participants, Macro Man among them, have felt a bit of schadenfreude at the travails of serial turd-buyers, equity quants, ... Go to...

Six Ways to Capitalize on Korea’s Growing Global Muscle By Martin Hutchinson. With key countries in the world economy spiraling toward recession, and even India and China panicking about domestic inflation levels, there’s one country in particular that still seems to offer good value in...

High Oil Prices Start To Work. But Is It Enough? The transition from using hydrocarbons to using electrons to power our transportation systems is such a huge change that it truly is like turning around a speeding aircraft carrier on a dime. The Hirsch Report estimated the transition ... ...

US Dollar Advances On Low Volume Today’s US Dollar Trading • USD continues to advance but volumes slow • Traders report thin order books • US data today benign. Overnight Preview • Look for two-way trade • USD to consolidate. Looking Ahead All times EASTERN (-5 GMT) ... Go to...

Stock Picks And Trade Ideas For Wednesday Chart courtesy of stockcharts ( click to enlarge ). (BIDU: 329.0901 +2.7501 +0.84%) - The stock found support around $315 and bounced up with good volume. Fresh shorts should be initiated only if the stock falls below this level. ... Go to Full...

Currency Funds Attempt To Lure Investors With Magnification Currency exchange traded funds (ETFs) have helped investors to cash in on the weakness of the US dollar, while giving exposure to foreign currency in the process. So far this year, the US dollar has been down 7% against the euro and...