GBP/USD: Will UK Inflation Prevent the BOE from Cutting Rates in June? The release of UK jobless claims at 4:30 EDT tends to spark a decent amount of price action for the UK markets, and with declines in the number of people... Go to Full Article

EUR/USD is Entering Sideways Market Today EUR/USD fell down on Forex after a day of growth yesterday and on the daily chart the currency pair’s trend is slowly transforming into a flat pattern rather than bullish or bearish trend. April retail sales in US decreased as ... Go to Full...

Cowabunga System Daily Update: Tuesday, 05/13/08 Well it was a good day for me as I was able to grab a cool +18 pips. See how it all went down in today's Cowabunga Surf Report. Go to Full Article

Forex News: Fed's Hoenig and Fisher on the wires Fed's Hoenig says:. Inflation can never be taken for granted. Should not assume that inflation is under control; US faces very difficult set of circumstances; Rise in oil has taken about 1% off the GDP; Inflation is at an unacceptable ... ...

Forex Trading: Oil up $2.50 pressures USDCAD Oil has risen sharply again today and as a result, the USDCAD is being sold off hard with the important 1.0000 being breached. Go to Full Article

Forex Trading: GBPUSD intraday update... One minute the market is back above 1.9460, the next below the intraday low of 1.9425. Then back up to test the 1.9460. The herky jerky movement suggests a neutral market ahead. Traders are being whipped around and with that action, ... Go to...

Forex Trading: NZDUSD 100 day moving average at 0.7665 The 100 day moving average (I sound like a broken record) comes in at 0.7665 (see chart below). The pair has gotten below the level for three days in a row, but has not been able to close below the level. A close below the level should ......

Weak Dollar Affects the Film Industry I always love it when Main Street wakes up to the importance of exchange rates. According to the New York City Film Commissioner, there has been a 36 percent increase in movies made in New York since 2002. Tax incentives and a favorable ... Go to...

Yen Crosses: Bearish Opportunities Setting Up See the article... Go to Full Article

FXCM Enhanced Dollar and Yen Funds Outperform - April Results The US Dollar made few major directional moves across the majors during the month of April, leading the FXCM Enhanced Dollar Index to show only very mild... Go to Full Article

New Zealand Dollar Technical Outlook We wrote Friday that "although the major top is probably in place at .8215, the fastest part of the decline is probably about to begin." Go to Full Article

Australian Dollar Technical Outlook There is no change to the bearish outlook. Go to Full Article

Canadian Dollar Technical Outlook We maintain a bullish bias against .9997 since the rally from there is in 5 waves. Go to Full Article

Yen Technical Outlook We remain bearish as long as the USDJPY is below 105.60. Go to Full Article

Euro Technical Outlook We wrote yesterday that "the rally from 1.5283 can be counted as a 5 wave advance and the decline from 1.5488 can be counted as a 3. Go to Full Article