Wednesday June 24 - US Fed Reserve Announcement @ 2:15 pm EST. Expect statement on Fed’s Quantitative Easing Program. No expected change [...]
US Data Events - Week of June 21 - 26
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FOREX Expo 2007 & Bootcamper Jamboree!
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Cable extends rally
Cable is seeing acclerated gains this morning, presently at 1.6140. Buy stops are said to have been triggered on breach of 1.6100. Sterling is being bolstered by improving housing data and by the fact PM Gordon looks safe for now. There is also al ot of speculation that sterling is being boosted by...
Why dollar carry trade faces hidden dangers
Most investors agree that it is out there. What is less clear is how big it is, or how worried investors should be about it. The “it” in question is the dollar carry trade. This is an investment strategy that has recently been extremely profitable and as a result has become increasingly...
Tomorrow’s U.S. Non-Farm Payrolls to Dictate USD Direction
By ForexYard - The Dollar gained considerably ground in yesterday's trading, whilst the price of Crude Oil...
Forex Technical Analysis for 06/01—06/05 Week
EUR/USD trend: buy. GBP/USD trend: buy. USD/JPY trend: hold. EUR/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd...