Put simply, forex seasonality is the tendency for currencies to move in repeatable and relatively predictable patterns over the course of time. ...www.dailyfx.com/.../Forex_Strategy_Analysis_Seasonality.ht...
DailyFX - Forex Strategy Corner: Using Seasonality Strategies in ...
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Asian forex market wrap
IMF says Euro-zone banks need a recovery plan A very quiet morning has turned into a big down-day for the JPY crosses Initial gains on regional bourses turn into losses Some US Banks allowed to repay TARP China to ease rules on investment overseas by its citizens/corporations Australian job ads...
EUR/USD weighed down; West LB in focus
EUR/USD has fallen back into the 1.3830s. A story on the Dow Jones wire that German banking giant West LB was almost shut down over the weekend is helping prompt a flight to safety. For a change, the dollar is providing that safe haven role again. Rising US yields have been a big boost for the...
It slices, it dices
Mr. Market is slicing and dicing again today, as bid now as it was offered just under 24-hours ago when it fell to 1.3914. Reports of central bank interest at both 1.3950 on dips and 1.4150 on rallies remains operative, as far as I can tell. Buying strength is strongly discouraged in this...
Sprint Plans to End Contract with LightSquared
A wireless partnership that could have competed with the U.S.’s largest carriers like AT&T (NYSE:T) and Verizon (NYSE:VZ) has ended....
EUR/USD holding up ahead of EZ growth data; sell orders, stops noted
EUR/USD is holding up well ahead of the euro zone GDP data due in about 15 mins. The market had earlier today been expecting a result in the -0.5% q/q, -5.1% y/y area. Obviously the release of better than expected French and German data will have raised expectations. Gotta think the market will now...