GFT Daily Market Commentary Forex Market Commentary for April 25, 2008 by Cornelius Luca. GFT Daily Market Commentary. The Ifo was really nasty and the euro really overbought, so the dollar surged on Thursday. The oil fell for a while and this got people excited, ... Go to Full Article

Asian Morning Update 25th April 2008 Has the Euro bubble burst? European releases overnight:. March Forecast Actual UK Retail Sales (MoM) - 0.3% - 0.4% UK Retail Sales (YoY) +4.3% +4.6%. April German IFO: Business Climate 104.3 102.4 German IFO: Current Assessment 111.0 ... Go to Full...

Will the Federal Reserve Leave Rates Unchanged Next Week? - Euro Selloff Triggered By Drop in German Investor Confidence - Bank of Canada Sees Cooling Growth, Bollard Hints at Future Rate Cut Go to Full Article

Japanese Yen Tumbles Ahead Of Inflation Numbers Aside from the broad advance of the US dollar across the majors, the other FX theme was a rebound in risk appetite. This proved an unfavorable wind for... Go to Full Article

Bank of Canada Sees Cooling Growth, Bollard Hints at Future Rate Cut It was a busy day for fundamentals and price action across the comm bloc today. Before fundamentals were even considered, the Aussie, Kiwi and Canadian... Go to Full Article

British Pound Remains Heavy, UK Q1 GDP May Determine Next Move The British pound generally consolidated losses above 1.97 over the course of the day after UK retail sales fell for the first time in three months as... Go to Full Article

Will the Federal Reserve Leave Rates Unchanged Next Week? - Euro Selloff Triggered By Drop in German Investor Confidence - Bank of Canada Sees Cooling Growth, Bollard Hints at Future Rate Cut Go to Full Article

Will the Federal Reserve Leave Rates Unchanged Next Week? The headline reading of the Commerce Department's durable goods orders report contracted for the third consecutive month during March, due largely to declines... Go to Full Article

Forex Video - EUR/USD Leads Reversal In Majors, UK GDP Will Guide Global Growth Forecasts See the article... Go to Full Article

Did you guys see the EUR/USD Hello guys, Have you seen EUR/USD? it’s on free fall! Apparently the bulls got scared from the 1.6000 heights and price has plummeted almost 400 pips within the last two days… Which has been more than enough to make me cancel my buy ... Go to Full Article

Forex Trading: USD/CHF getting bid to previous highs... USD/CHF getting bid to previous highs made in the middle of April. If we see some positive fundamentals out of the US and the pair gets paid above the 1.0320 level, we could see a retracement in USD/CHF and USD in general. Go to...

Forex Trading: EUR/GBP formation breakout on an hourly... EUR/GBP formation breakout on an hourly. With such a strong move down in EUR/USD, we saw EUR/GBP get given strongly. Sterling got a bid out of the Retail Sales number as it came in better than expected these 2 factors provided a nice...

Forex Trading: Sterling trying to keep a long term level... Sterling trying to keep a long term level on a 4 hr chart. The 1.9700 figure level seems quite critical to keep the Pound afloat. Go to Full Article

Forex Trading News: German IFO Business Climate Index Released ... The German Ifo Business Climate Index comes out at 102.4 from the previous 104.8. This number was forecast at 104.3. This worse than forecast number initally dropped the EURUSD 40 PIPS, as the USD gained some positive momentum...

Update, short note, whatever I was stopped out by a couple of trades this week. But, to maintain my Guru snake oil sales man status, I am not going to post charts of my losing trades here. , remember, snake oil salesman never shows you losing trades. ... Go to Full Article