British Pound Outlook Remains Bearish Ahead of Bank of England Cuts
November 28, 2008
A steady stream of disappointing data added further gloom to British economic forecasts, and the general mood remains dour for the British Pound….
Continue here: British Pound Outlook Remains Bearish Ahead of Bank of England Cuts
Japanese Yen May Fall As Seasonal Forces Grip the Forex Market
November 28, 2008
Forex traders may see the Japanese Yen lose ground as seasonal forces take hold of the financial markets on approach to the end of the calendar year.
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Japanese Yen May Fall As Seasonal Forces Grip the Forex Market
Japanese Yen Congestion May Turn Into Breakouts As Low Liquidity Leverages Volatility
November 26, 2008
Considering the short-order reversal potential won by many of the yen crosses earlier this week; the single currency was back on the trail of risk aversion…
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Japanese Yen Congestion May Turn Into Breakouts As Low Liquidity Leverages Volatility
British Pound Sees Mixed Session As Fundamental Traders Weigh In On Dour GDP Revision
November 26, 2008
It was a mixed session for the pound, as growth revisions and Prime Minister Gordon Brown’s calls for UK banks to free up credit reminded the market of…
Continue here: British Pound Sees Mixed Session As Fundamental Traders Weigh In On Dour GDP Revision
Japanese Yen Gains Amidst Consolidation, Low Holiday Trading Volumes Present Breakout Risk
November 25, 2008
While the inverse correlation between the US dollar and stocks didn’t hold up today, the Japanese yen did manage to hold up on Tuesday, gaining roughly…
More here: Japanese Yen Gains Amidst Consolidation, Low Holiday Trading Volumes Present Breakout Risk
Will Technicals Hold Out Against GBPCHF Volatility For A Range Setup?
November 25, 2008
Market conditions are changing and stifling ranges are beginning to yield to consistently high levels of volatility. GBPCHF is a dangerous choice for a…
More here: Will Technicals Hold Out Against GBPCHF Volatility For A Range Setup?
British Pound Gains as UK Announces £20 Billion Fiscal Stimulus Plan, Downgrades Growth Forecasts
November 24, 2008
The British pound rose on Monday amidst broad US dollar weakness and the announcement of a fiscal stimulus plan for the UK.
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British Pound Gains as UK Announces £20 Billion Fiscal Stimulus Plan, Downgrades Growth Forecasts
British Pound Trendline Break
November 24, 2008
The GBPUSD has broken above a trendline that is drawn off of the 10/20, 10/30, and 11/19 highs. The break is in line with the observation in the Daily…
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British Pound Trendline Break
U.K. to Increase Spending and Debt to Avert Prolonged Recession
November 24, 2008
Further weakness for the British Pound is possible as the U.K ramps up efforts to contain recession by pledging 20 Billion pounds of tax cuts, while increasing…
Continue here: U.K. to Increase Spending and Debt to Avert Prolonged Recession
U.K. to Increase Spending and Debt to Avert Prolonged Recession
November 24, 2008
Further weakness for the British Pound is possible as the U.K ramps up efforts to contain recession by pledging 20 Billion pounds of tax cuts, while increasing…
Read the original:
U.K. to Increase Spending and Debt to Avert Prolonged Recession
