Greenback Pressured to End Week as Wall Street Tumbles. CAD Plunges After Q2 GDP Misses Forecasts.
August 29, 2008
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Greenback Pressured to End Week as Wall Street Tumbles. CAD Plunges After Q2 GDP Misses Forecasts.
British Pound Crosses in Danger of Bearish Breaks
August 27, 2008
The British Pound crosses are under attack. The GBPCHF has broken a short term support line and may be headed for a test of 1.9260. The GBPCAD is testing…
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British Pound Crosses in Danger of Bearish Breaks
Outlook Split On Japanese Yen As Analysts Consider The Dollar’s Influence
August 27, 2008
Outlook Split On Japanese Yen As Analysts Consider The Dollar’s Influence The carry trade has turned to consolidation over the past two weeks, but the…
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Outlook Split On Japanese Yen As Analysts Consider The Dollar’s Influence
Euro Bounces Back, Will Weak Durable Goods Orders Extend Its Gains?
August 27, 2008
Talking Points – Japanese Yen: Breaks Below 108.90 As Risk Aversion Increases – Euro: German Import Prices Hits 8 Year High – British Pound: Holds Above…
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Pound At 13-Month Low After Weak Mortgage Report
August 26, 2008
With British traders back at their desks after the extended holiday weekend, the market immediately picked back up on yesterday?s GBP/USD spike below 1.85….
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Yen Advances As Risk Aversion Weighs On Carry
August 26, 2008
With an empty economic docket, the Japanese yen was left to exogenous event risk Tuesday. However, it has become blatantly clear in the past year, that…
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Yen Advances As Risk Aversion Weighs On Carry
Forex Technicals: The Day Ahead, August 27
August 26, 2008
Failing to break its overnight high in US trading, a larger US dollar correction may finally be underway. The USDJPY looks like the most bang for the buck…
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Forex Technicals: The Day Ahead, August 27
Pound Hits 13 Month Low On Weak UK Data, Strong US Numbers (Forex Video)
August 26, 2008
US durable goods orders report tops a sparse economic docket tomorrow; but can it maintain volatlity and potential EURUSD and GBPUSD breakout momentum?
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Euro Open: German Economy to Shrink, Threatening Recession
August 26, 2008
The Euro reversed US session gains overnight, falling to challenge the 1.47 level, while the British Pound dipped below 1.85 once again. A busy calendar…
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EUR/JPY Short-Term Technical Outlook
August 26, 2008
Currency Pair: EUR/JPY Chart: 15 Min Charts Short-Term Bias: Long After touching a low of 160.18 last week, a correction looks to be underway for the euro-yen.
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EUR/JPY Short-Term Technical Outlook
