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Forex Weekly Analysis - January 26-30 2009

... and the German Ifo Business Climate will dominate European news. The upcoming week in forex trading features a return of data ... Confidence. UBS will publish the UBS Consumption Indicator in Switzerland, indicating on the direction of CHF. In Europe, a ...

forum topic - azka - 2009-01-25 19:28 - 0 comments

Euro and Pound Rally -To be Continued?

... towards 1.32. This morning's better than expected IFO news saw the euro continue to rally against the buck towards 1.3350, however, ... a good psychological level and also a good support. Better news out of UK boosts the pound immensely, sending the pair towards 1.42 early ...

forum topic - azka - 2009-01-28 13:21 - 0 comments

Republic of China Constructing Blows up at Quicker Tread as Asset Bubble Risks Addition

... was in line with the median appraisal in a Bloomberg News survey of 13 economists. Readings above 50 indicate expansion. The ... months, according to the median forecast in a Bloomberg News survey. Japan’s central bank today reported that the nation’s ...

forum topic - azka - 2010-04-01 03:24 - 0 comments

Dollar Correction or Something Deeper?

... EUR/USD is trading heavily since yesterdays FOMC Mobile News Alert announcements and hasn’t stopped to breath. The pair broke ... New York closed positively and with traders taking the news in a good way, however come today and investors are not convinced how this ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

Euro range bound still, Sterling not as strong this week

... a (downward) breakout occurs, or sooner if a major EU indicator falls off a cliff. STERLING REPORT Current ... progresses. We see sterling more susceptible to negative news than the euro, so we would not be surprised to see EURGBP to stay at the ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

Dollar, yen near week's peaks as caution lingers

... which has been swayed by recent mixed economic data and news," he said. But if more data gave positive signals, market sentiment was ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

Rising VIX Sends Investors Rushing for USD and JPY

... shivers down Wall Street's spine today. When you add bad news from Applied Materials and Best Buy and a sub-$300 share price for Google ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

Bad Payroll Data

... It will be best for traders to try and avoid trading the news at times of uncertainty and risk aversion as anything is possible. ...

forum topic - azka - 2008-12-04 03:29 - 0 comments

Obama will insist on consumer financial protection

... so that people aren’t getting gouged,” Obama told ABC News in an interview marking his first year in office. The White House ...

forum topic - azka - 2010-01-21 03:30 - 0 comments

Could Dollar Weaken in December?

... that markets are oversold and traders can shake off bad news quite easily. After all they have done so for so many months… by ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

British Pound, Euro and Swiss Franc All Dive Nearly 2%

... percent, the lowest level since 1955. Indeed, a Bloomberg News poll of economists had only forecasted a 50 basis point reduction, making ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

Oil Hit Resistance

... per barrel. The drop in oil prices came on the news that the U.S. reserves were larger than anticipated—which means demand ...

forum topic - azka - 2009-01-09 01:17 - 0 comments

Obama Sees ‘Glimmers of Hope’ of Improving Economy

... quarter, according to the median estimate in a Bloomberg News survey earlier this month. Also attending today’s meeting were Mary ...

forum topic - azka - 2009-04-11 23:07 - 0 comments

Pound Signals Further Losses Ahead…

... from important economic reports out of US and the only news we had was the inflation report of BOE and speech by King. The report ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

Obama Aftermath Fails to Raise Confidence…

... economic deterioration left traders unfazed, as more bad news hit the wires yesterday about several US bank's earnings! The dollar was ...

forum topic - azka - 2009-01-21 23:36 - 0 comments