UK Pound Struggles in Currency Trading Sterling volatile in forex tradingThe UK pound is struggling in currency trading on the FX market today, even though CPI data is coming in strong. The sterling remains volatile in forex trading against the US dollar, and as a result is ... Go to...

Forex Trading News: Sterling Takes A Drop on the BOE Inflation Report Highlights from the Bank of England Inflation Report:. Sees CPI overshoot if rate reaches 4.5%; Energy and import prices will push CPI up sharply; Economic uncertainty may lead banks to curb lending; Growth risks on the...

Forex Trading: EUR/JPY sees its JPY counter get offered as well as ... EUR/JPY sees its JPY counter get offered as well as its GBP/JPY relative. Though at this point, it seems like it will see some profit taking, leading it lower. Go to Full Article

Forex Trading: USD/JPY seeing some offer pressure after inching ... USD/JPY seeing some offer pressure in the 40's, after inching higher all nite. It has been quite bid ever since the Retail Sales #s yesterday in NY where it was finally bid above the 104.00 figure level where it has slowly...

Forex Trading: EUR/USD working its way back into the downtrend ... EUR/USD working its way back into the downtrend channel it was in earlier, using the 1.5400 figure bounce as impetus towards higher ground. Go to Full Article

Forex Trading News: GBP Claimant Count Change Released The Claimant Count Change comes out at 7.2K from the previous -1.2K. 0.1K was forecast. The UK Average Earnings Index comes out at 4.0% from the previous 3.7%. 3.7% was forecast for this release too. The Unemployment Rate comes out at ... ...

Is The EUR/USD Due A Fall? The EUR/USD has been creeping upwards for many months now but with the Supertrend turning red earlier this month on the daily chart it looks like we could see the EUR/USD fall back, at least in the short-term, and possibly retrace to ... Go to Full Article

European Mid Morning Update 14th May 2008 Will retaining unchanged interest rates cause further damage to the global economy? Releases from Europe: April Forecast Actual French CPI (MoM) +0.4% +0.3% French CPI (YoY) +3.0% +3.0%. The first CPI number is out the way with this ... Go to...

Forex Trading News: GBP Claimant Count Change Preview At 4:30 AM, the Claimant Count Change is released. This number gauges the change in number of people claiming unemployment benifits during the prior month. As this number rises, it typically hurts the currency and economy. ... Go to...

14 May Probability Studies - BoE Report & US CPI closely watched In the US yesterday, headline Retail Sales fell but ax-auto sales suprized the market by gaining 0.5% versus 0.2%. The CPI was released in the UK and followed in the footsteps of the UK PPI figure which posted a surprize gain....

Forex Trading News: French CP Released as Forecast The French CPI comes out at 0.4% from the previous 0.8%. The EUR didn't make any big moves as this number did come out as expected. Go to Full Article

European Morning Update 14th May 2008 Dollar edges higher in Asian trading. Releases from Japan: Forecast Actual March Trade Balance BOP Basis JPY 1233bn 1251bn April Domestic CGPI (MoM) +0.5% +0.6% April Domestic CGPI (YoY) +3.6% +3.7%. April’s domestic CGPI saw a higher ... Go to...

Pro Commentary Lite ... 14th May 2008 ... USDJPY Daily Bullish: Gains have developed in line with expectations but haven’t quite met the 105.27 first target, stalling just below the 104.95 level. I still feel we should see this progress to 105.27 but this should cause a pullback. ... Go...

Forex Trading News: USDJPY Approaching Key Level The USDJPY is heading back up to 105.00. There is talk about some big offers after this key level with stops building up around the 105.30 area. If 105.00 is penetrated it could shape up to be interesting. Go to Full Article

DAILY VIDEO: May 14th 2008 Forex Video News: Economic Releases by ... DAILY VIDEO: May 14th 2008 Forex Video News: Daily Economic Releases by Forex.FXDD.com. Go to Full Article