Commodity Dollars: Why Canadian Q1 GDP Could Be Stronger Than Expected on Friday A reversal in commodity prices, including oil and gold, weighed on the Australian and New Zealand dollars on Thursday. However, the Canadian dollar was... Go to Full Article

Japanese Yen Tumbles Versus the US Dollar, British Pound While the Japanese yen traded wildly across most of the majors but made little headway, the currency tumbled against the US dollar and British pound. Indeed,... Go to Full Article

British Pound Weighed Down By Sharp Drop In UK Home Prices While the British pound recovered somewhat from a steep decline during the European trading session, the release of weaker-than-expected house price data... Go to Full Article

Cowabunga System Daily Update: Thursday, 05/29/08 It was a pretty dull today and I pretty much broke even. See how it all went down in today's Cowabunga Surf Report. Go to Full Article

US Dollar Recovers On Hawkish Comments From Fedâ??s Fisher The US dollar strengthened as hawkish comments from Federal Reserve Bank of Dallas President Richard Fisher spurred speculation that the Fed may consider... Go to Full Article

The Psychology of Bubbles and Dramatic Price Increases Let’s quickly discuss asset bubbles, rapid price increases for commodities and how people perceive the root causes. Namely: it seems to me that a lot of people’s perception of the root cause behind a price increase has more to do...

Traders Increasing Their Shorts As USDCHF Approaches Resistance USD/CHF Ratio: -1.35 Signal: Bullish Go to Full Article

USDJPY Positioning Takes A Bias, Points To Upside Breakout USD/JPY Ratio: -1.61 Signal: Bullish Go to Full Article

Pound Positioning Still Eyeing 2.00 As Retailers Bet On The Range GBP/USD Ratio: -1.49 Signal: Bullish Go to Full Article

Euro SSI Suggests Records Highs Are Out Of Reach EUR/USD Ratio: 1.29 Signal: Bearish Go to Full Article

Euro SSI Suggests Records Highs Are Out Of Reach After two week?s of the EURUSD?s Speculative Sentiment Index holding below parity, retail traders once again find themselves net long euros. This rebound... Go to Full Article

Forex Trading:EURGBP helping the EURUSD move lower Much of the pressure in the EURUSD is from selling in the EURGBP. This pair has moved through the 61.8% retracement at the 0.7868 level and really does not have any real technical support until the 0.7821 level. ... Go to Full Article

Forex Trading: EURUSD approaching the next support level The EURUSD is approaching 61.8% retracement support at the 1.5489 level. The level corresponds to a congestion area from earlier in the month, so the decline may find some profit taking support. But watch oil as today is about the oil...

Forex Trading: USDJPY Approaches the range highs The USDJPY is approaching the highs of May (and the range highs) at th 105.69 level. A break higher would target higher levels. The USD continues its strong bias. Gold down $25 dollars. Oil down $3.00. Go to Full Article

Forex Trading - NYMX increases margin for all oil and related ... The futures exchanges for oil has increased the margin required on all oil contract by 7% This could be the reason oil selling off after low inventory data. Go to Full Article