Forex Trading News: JPY Machine Tools Orders Released The Machine Tool Orders comes out at 0.3% from the previous 3.3%. This drop signifies that the value of new machine tool orders has decreased. After this news, the JPY took a hit across the board. Go to Full Article

Forex Trading News: JPY Economy Watchers Index Released The Economy Watchers Index comes out at 35.5 from the previous 36.9. Since this reading is below 50, this shows that there is a decreased sentiment from service businesses regarding the Japanese economy. Go to Full Article

Candlesticks See Majors Divided on the Dollar'??s Fate Last week set us back a bit, with the previous week?s gains of 266 pips reduced by a loss of a net 81 pips this time around. We took losses on our GBPUSD,... Go to Full Article

AUDUSD Calendar to Help Create Range Entry Point With the US reporting on highly vulnerable sectors of the fundamental landscape and all Australian data out of the way early in the week, it looks likely... Go to Full Article

Forex Trading News: Bank of Japan's Shirakawa on the Wires Highlights from the BOJ's Shirakawa:. The BOJ will hike rates if economic uncertainties clear; Chance of US economy stalling high over the near-term; Japanese economic slowdown to continue for some time; BOJ is closely watching ... ...

The Week Ahead - After A Look Back Last week the Central Banks of England, Australia, and the Euro zone held rates steady - as expected. The US Trade Balance contracted to -$58.2 Billion according to the latest numbers released on Friday. The "Majors" closed the week ... Go to Full Article

May 12 market commentary and technical levels Mon, 12th of May, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook The Euro continued to move stronger against Greenback on Friday after the downside movement rejected at 1.5284 on Thursday. My model is long, ... Go to Full...

GFT Daily Market Commentary Forex Market Commentary for May 12, 2008 by Cornelius Luca. GFT Daily Market Commentary. The dollar fell across the board on Friday, as expected, and even the battered cable managed to mot close down. The US currency should edge lower ... Go to Full Article

Asian Morning Update 12th May 2008 The week seems likely to be volatile with limited, if any, Dollar gains now. States releases from Friday: Forecast Actual March US Trade Balance USD -61.4bn -58.21bn. Friday’s releases were pretty much lacking in any great influence. ... Go to Full...

Investment Banks Should Not Buy Hedge Funds Last week Citigroup told us on Page 17 of their 10-Q about the fate of their $800mn purchase of Old Lane Partners. Vikram Pandit, now the CEO of Citigroup, was the founder of Old Lane. Citigroup may have gotten Pandit and his top ... Go to...

Dollar Rally Runs Out of Gas After reaching 1.5283 in early Wednesday trade the dollar rally ran out of gas for the rest of the week as uber hawkish Jean Claude Trichet dismissed any... Go to Full Article

Are Government Actions Pushing Food Prices Higher? The pain of rising food prices is being inflicted on hundreds of millions in the world today. Rice, which is a staple food in many parts of the world, has more than tripled in prices since January this year - and we are still in the ... ...

Tips or Junk ideas OK, I have another tips or junk idea here. I am not going to write too much. Does this chart look a BUY for you soon? What do ya think? Trend Score: +65 , a weak uptrend now. ShareThis. Go to Full Article

Weekly Trading Update - May 5-9 A mixed week for me this week. (...) Go to Full Article

Interesting commercial Hat tip to Caroline Hobkinson who sent me the link of this video today. Funny. A good laugh for the weekend. ShareThis. Go to Full Article