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Dollar / Yen Short Term Lower Highs is Bearish
The USD has weakned as expected. Short term targets for the GBPUSD and EURUSD are at 1.97 and 1.57. Watch the USDJPY for a break as the pair makes its...
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Forex News Preview: FOMC Vice Chairman Kohn speaks on the economy ...
Another key event will be FOMC Vice Chairman Kohn’s speech at 9:00 AM in New Orleans . He is expected to speak on the US economy. The market will be looking for clues on his feeling on inflation, growth and Fed policy. ......
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Forex News Preview:Canada Wholesale Sales due to be released at 8 ...
read more.
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Bobby's Corner-Market Open 5.20.2008
Tuesday May 20, 2008. Good Morning:. The IMF commented this morning that the US housing decline will continue to weigh down on financial markets. Traders saw this as dollar negative thus taking any steam out of the greenbacks short ...
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Selecting Stocks For Investment
I spent some time over the weekend scanning through the Fortune 100 Fastest Growing Companies for 2007 for companies that interest me. I would look at the company’s business, recent sales and earnings, and future earnings projections. ...
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Forex Trading: Sterling very bid with USD seeing a strong offer in ...
Sterling very bid with USD seeing a strong offer in EUR/USD. It took Sterling a little bit to catch up but when it did, it did so vehemently. Once again, we are back at levels in Sterling, which on a long term chart...
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Forex Trading News: EURUSD Hits Session Highs After Taking a ...
The EURUSD made a great rally and has hit a session high. This comes after a very short lived peak and EUR drop, as the German ZEW data proved that pessimism outweighs optimism on a larger than scale than forecast regarding...
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Forex Trading: EUR/GBP got Crushed with capital C after the ZEW ...
EUR/GBP got Crushed with capital C after the ZEW data. EUR/USD was immediately ~20-25 pts lower as each portion of the ZEW was released and has since gotten a slight bounce but still in the low 80's.
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Forex Trading News: EUROZONE and German ZEW Economic Sentiment ...
The German ZEW Economic Sentiment comes out lower at -41.4 from the previous -40.7. This was forecast at -37.5. The EUROZONE ZEW comes out at -43.6 from the previous -44.8. This was forecast at -44.2. ...
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Forex Trading: USD/JPY channeling lower and lower as it digs ...
USD/JPY channeling lower and lower as it digs itself into a hole. At this point, it looks like it's only EUR/JPY & GBP/JPY that are keeping the pair stabilized.
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Euro Rallies Despite Weaker ZEW As Talk of Rate Hikes Resumes - Will ECB Actually Tighten?
Talking Points - Japanese Yen: BOJ Leaves rates at 50bp - Euro: PPI hot but ZEW misses - Pound: trading in euro?s shadow as calendar empty - US Dollar:...
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Forex Trading: EUR/USD climbing a steep slope here as we see USD ...
EUR/USD climbing a steep slope here as we see USD offered. As mentioned in previous post, its cross, EUR/JPY, is looking bid still as it goes figure paid and comes off. EUR/USD is presently haggling with the 1.5600 figure. ...
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Forex Trading: EUR/JPY bid on the back of a stronger Euro component...
EUR/JPY bid on the back of a stronger Euro component post Producer Prices out of Germany. Both EUR/JPY and its EUR/USD component are near some fair psychological resistance and may see some profit taking around these areas....
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Forex Trading News: BOJ Shirakawa on the Wires
Highlights from Shirakawa:. BOJ WILL IMPLEMENT FLEXIBLE POLICY; SPENDING FORMATION IN THE ECONOMY IS WEAKENING. - BOJ is monitoring consumer inflation expectations. - Higher commodity prices are affecting capex ...
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Forex Trading News: CHF PPI Released
The PPI comes out a bit higher at 0.7% from the previous 0.6%. A slight drop to 0.5% was forecast. Not much change in the CHF across the board as this number came out close to forecast.
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