Headline Retail Sales Contract but Ex Autos Rise! Even though retail sales decreased 0.2 percent last month, the US dollar skyrocketed on the report because excluding autos, sales actually increased 0.5 percent. Interestingly enough, despite the rise in gasoline prices, ... Go to Full...

Economic Data and Forex Trading Clues for currency tradingOne of the ways you can get clues about what to do in currency trading is to look at economic data. Often, the health of an economy influences how well a currency does in forex trading. ... Go to Full Article

Forex Trading Forecast: US Dollar Will the greenback strengthen in currency trading?Yesterday the greenback showed strength in currency trading on the FX market before falling back a bit. Today, though, the US dollar is gaining again on the currency market. ... Go to Full Article

Dollar Patterns are Mixed but Opportunities are Plentiful Patterns in the USD crosses are mixed. For example, very short term structure is bullish GBPUSD (above 1.9441) and EURUSD (above 1.5364). These are USD... Go to Full Article

Forex News Preview of Key Releases and Events for the day Overnight, the UK CPI came out much higher than expected at +3.0% year on year. This will keep the UK on hold with regard to rates in June just when the growth side of the economy could use the stimulus – especially in the housing ......

Forex Trading: EUR/JPY getting a nice bounce from its trendline ... EUR/JPY getting a nice bounce from its trendline previously mentioned. Go to Full Article

HSBC Bucks Trend Of Banking Losses Bucking the trend of loss reporting financial institutions, HSBC (HSBA.L: 882.00 +16.00 +1.85%) said today that its profit had been better than last Q1 despite having to write down over $5 billion. It said that growth in Asia had helped ... Go to Full...

Gold Prices Likely To Remain High After last week’s more than 3% gain in gold, gold surged to nearly $890.00 in early trading in Asia prior to succumbing to subsequent profit taking. The London AM Gold Fix at 1030 GMT this morning was at $887.25, £453.91 and €573.60 ... Go to Full...

Fed’s Evans Says US Economy Should Improve Later This Year Chicago Fed president Charles Evans, a non-voting member of the FOMC this year, said Monday that the Fed policy is accommodative, with the real funds rate zero or slightly negative. He said that economic growth risks are to the...

Daily Market Analysis - ForexPros - 12/05/08 Overnight Asia/Europe. • USD opens mixed • Firms into Europe • Sovereign demand seen. Today’s Economic Reports All times EASTERN (-5 GMT) • None in the US • Treasury Budget during the day. Looking Ahead to Tuesday ... Go to Full...

U.K. Inflation Soars, Libor Scutiny Continues See the article... Go to Full Article

Pound Battered Despite Hot CPI As Fears Of Contraction Increase Talking Points - New Zealand dollar : Food prices lowest in 3 months - Japanese Yen: at 103.50 as trades in relative calm - Euro: Dragged lower by slumping... Go to Full Article

Forex Trading: USD/JPY consolidating as USD gets bid up some but ... USD/JPY consolidating as USD gets bid up some but still having the GBP/JPY weighing it down: Go to Full Article

Forex Trading: USD/CHF looking bid after EUR/USD & GBP/USD lower... USD/CHF looking bid after EUR/USD & GBP/USD lower but USD/JPY relatively muted due to GBP/JPY offered. Go to Full Article

Forex Trading: EUR/GBP getting a nice bounce after the GBP move ... EUR/GBP getting a nice bounce after the GBP move downward but still looking offered. Go to Full Article