Forex Trading News: UK Nationwide House Prices Released The Nationwide House Prices comes out at -2.5% from the previously revised -0.9%. This was forecast at -0.5%. The GBP took an initial drop across the board after this lower than forecast data. Go to Full Article

Forex Trading News: May 29th Data Preview At 2 AM, the UK releases the Nationwide House Prices data. This number gauges the monthly change in average price for a home in the UK. This is the major impact number for the Asian/London session today. The previous number was -1.1% ... Go to...

Forex market overview for today from FXDD.com. --Dave *** VIDEO: Thursday May 29th Daily Forex Newscast Forex.fxdd.com May 29th 2008 Forex Market Outlook Forex.FXDD.com FXDD Thursday is a major release day with information from the US, UK and Japan that is sure to rock the...

May 29 market commentary and technical levels Thu, 29th of May, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook The Greenback continued it’s gain against Euro yesterday, but with less power. However, my model is short, targeting 1.5550 area. ... Go to Full Article

China’s Govt. Melds Six Largest Telecoms into Three By Mike Caggeso. There are three new kings in China’s $100 billion-plus telecom kingdom: China Telecom Corp. Ltd. (CHA: 71.16 0.00 0.00%), China Network Communications Group Corp. Ltd. (CN: 68.50 0.00 0.00%) and China Mobile Ltd. (CHL:...

Forex News Preview:Australia Private New Capital Expenditures due ... read more. Go to Full Article

US Dollar Rally Capped by Durable Goods, Oil Above $130 The US dollar?s European session rally was capped by a drop in US durable goods orders and as oil prices climbed back above $130/bbl. As a result, the... Go to Full Article

Forex in 60 Seconds - GBPUSD Sees A Spike In Volatility Today, High Probability Of The Same Tomorrow See the article... Go to Full Article

Demand for Gold as Inflation Hedge Surging in Emerging Markets Gold Gold’s sharp sell off yesterday (Gold closed at $907.40 down $18.60; Silver at $17.45 down 79 cents) has continued. Gold traded sideways in Asia before selling off again late in Asia and in early trading in Europe. ... ...

China’s Govt. Melds Six Largest Telecoms into Three By Mike Caggeso. There are three new kings in China’s $100 billion-plus telecom kingdom: China Telecom Corp. Ltd. (CHA: 71.16 0.00 0.00%), China Network Communications Group Corp. Ltd. (CN: 68.50 0.00 0.00%) and China Mobile Ltd. ... ...

Surprisingly Strong US Durable Goods Orders Thanks To Weak Dollar The US dollar is stronger against major currencies Wednesday after a government report showed that US durable goods orders slipped by just 0.5%, less than the 1% drop expected by most economists. This small drop is pretty...

Weekly Trading Lesson: Making and Correcting Trading Mistakes Occasionally (hopefully not more than once) we accidentally find ourselves on the wrong side of a trade. We meant to sell, but instead we bought. After... Go to Full Article

USD Mixed In Early Trading Today’s US Dollar Trading • USD starts slow; makes a show for strength in NY • US data mixed and of little help • Traders await more tomorrow. Overnight Preview. • Look for a rally in the USD overnight ... Go to Full Article

Will Stock Market Respond To Durable Goods Orders Data? APR DURABLE GOODS ORDERS: -0.5% V -1.5%E; EX-TRANSPORTATION: +2.5% V -0.5%E - Prior Ex-Transportation revised from 0.9% to 1.7%. April’s durable goods orders report on the surface would make one believe that there is a big reversal in...

Scraping pips Today was in the end strong trend day, I wasn't in my swing mood. I was aggressive in scalping, too aggressive in the beginning. I was against the trend up in the morning. I made bunch of scalps. Gbp/usd trade was questionable but ... Go to Full Article