USDCHF stays below a downtrend line from 1.0624 to 1.0464 and remains in downtrend. As long as the trend line resistance holds, downtrend is expected...
USDCHF stays below a downtrend line
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Risk appetite weighs on dollar
The dollar came under renewed pressure this week as a series of policy decisions from the world’s leading central banks boosted investor confidence over the prospects for the global economy. Risk appetite was lifted after the Federal Reserve’s meeting on Wednesday as the central bank...
China Stirs Up Troubled Waters in the South China Sea
By MoneyMorning.com.au With all the focus on European financial markets, let’s not forget geopolitics. Just as financial panics evolve...
June 5, 2009
Hello all, As expected we are having pullbacks on almost all our pairs and are getting ready for new entries. See below for the pairs we are watching. "MUCH movement on all pairs today which will be setting up many pairs with new Drop In entries in the coming hours. This is the time to be alert....
FOREX VIDEO - New York Session Review - October 22, 2009
A summary of today’s New York session? Let’s put it this way: The EUR/USD currency pair rose a net 15 pips over the course of four hours. Although profitable trades were attainable, they were also short-lived. Curt Wehrley FX Bootcamp’s Quantitative...
Fed’s Fisher says will not monetize deficits
The Fed’s Fisher again mindful to not promote profilgate policy has said that the Fed will “do our job” on not monetizing deficits and pushing up inflation pressures. More sporting analogies from the Fed with Fisher saying that the US economy is “out of the end zone”...