Friday Morning Thoughts

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By Back Bay FX - We are nearing the end of a very volatile week in the currency markets. Trying to find [...]


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  • GBPUSD’s bounce extended to 1.5989 only

    GBPUSD’s bounce from 1.5751 extended to 1.5989 only, the subsequent fall suggests that lengthier sideways consolidation in a trading...

  • Live FOREX Trading Workshops in Dubai !

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  • Forex: Australia's Trade Deficit Widens In September

    Thursday, the Australian Bureau of Statistics announced that Australia's trade deficit widened less than expected in September, with both imports and exports on the rise. Nevertheless, September marked the fifth successive month in which Australia has posted a trade deficit. The trade deficit rose...

  • Analyst Moves: CA, AAPL

    CA (CA) today had its estimates and price target raised by Credit Suisse (CS) to $24, as the company has been experiencing higher realized margins....

  • Stops outweighing bids in USD/JPY

    Dealers report heavy selling of USD/JPY which the bids at 97.50 have not quite been able to soak up, 42 the low so far. Corporate offers have been lowered so expect stiff resistance at 98.10/20 on any...