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Dollar / Yen Thwarted Before 106 Yet Again; Is This Significant?
USDJPY rallied continue to face stiff resistance just shy of 106, indicating an abundance of sellers. The EURUSD is making higher lows on short term charts...
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GFT Daily Market Commentary
Forex Market Commentary for May 15, 2008 by Cornelius Luca. GFT Daily Market Commentary. The dollar ended little changed on Wednesday after giving up early gains and after being told we have limited inflation to worry about. ...
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Asian Morning Update 15th May 2008
Inflation day passes with no cheering crowds… European overnight releases:. April Forecast Actual Italian CPI (MoM) +0.1% +0.2% Italian CPI (YoY) +3.3% +3.3% Euro-zone Industrial Production (MoM) - 0.3% - 0.2% ...
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Forex Trading: GBP/JPY still looking paid due to trendline bids ...
GBP/JPY still looking paid due to trendline bids which gave it a bounce earlier. Though techs make it seem that the pair may retest the lower trendline shown.
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Euro Rises Then Falls as Cool Inflation Offsets Strong GDP- Will ECB Remain Hawkish?
Talking Points - New Zealand Dollar: Retail Sales weaken for 2nd month in a row - Japanese Yen: Machine orders drop - Euro: GDP stronger but inflation...
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Accelerating Growth And Easing Prices, Justify ECB's Stance.
See the article...
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Difficult day
I wasn't in the mood, market was slow and weird. Too bad that I didn't stay in last long trade and got some pips on that reversal. +1 pip.
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Forex Trading: Another USD pair (USD/CAD) consolidating but not as ...
Another USD pair (USD/CAD) consolidating but not as many bids found due to the price and volatility of Oil. Stochastics are positively converged though it's not looking particularly strong at this point. Keep an eye out...
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Forex Trading: USD/CHF trying to break out of a consolidation as ...
USD/CHF trying to break out of a consolidation as USD struggles to keep its head above water.
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Forex Trading: USD/JPY getting a bounce from its hourly trendline ...
USD/JPY getting a bounce from its hourly trendline and stochs looking bid. At this point though it's unclear whether USD will be able to keep the ground that it gained over the past few days as there is some considerable...
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Forex Trading: EUR/JPY channeling higher but having resistance ...
EUR/JPY channeling higher but having resistance above @ 162.85.
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Forex Trading: EUR/GBP seeing some offers at formation resistance...
EUR/GBP seeing some offers at formation resistance.
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Forex Trading News: EUR CPI and GDP Released
The CPI comes out as forecast at 3.3% from the previous 3.6%. The GDP is released at 0.7% from the previous 0.4%. This was forecast at 0.5%. The EUR made a slight drop after this data, then came back to the pre-CPI/GDP levels as this ...
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Forex Trading: Sterling seeing some offering pressure around the ...
Sterling seeing some offering pressure around the 1.9500 figure area, creating consolidation.
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Forex Trading: Euros reaching some resistance creating what looks ...
Euros reaching some resistance creating what looks to be like a triangle pattern.
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