According to Fan Yang, currency analyst at CMS Forex the pair appears to be developing a zig zag correction pattern. "The current rally can be expected to ...See all stories on this topic »
Forex: EUR/USD retreats from 1.2855
Source: www.google.com
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How Far Can the Dollar Fall?
I was quite amazed when I looked back to see how long it’s been since I’ve put together a Dollar Index (NYBOT_DX) video. I had to look back to September of 2008 to find the last series of videos I had done specifically for the Dollar Index, and it proved to be successful. In today’s video we...
Biden: Obama to ramp up stimulus on Monday
It is unclear whether they are looking for more money or are shifting spending from the “out years” into this year. Given that the economy looks like it is recovering organically (with a big assist from the Fed), the stimulus will likely come too late to help much, as...
Gold Leads the Way Down
By Fast Brokers - Gold broke beneath the neckline today, or our previous 2nd tier uptrend line, and is collapsing down towards...
Forex and Financial Market Update 9 June 2009
Higher-yielders in the Forex market were not the only beneficiaries of crude's strong gains as the S&P 500 and gold also managed to close the in the green. ... See all stories on this...
Are the big wigs purposely allowing the euro to get kicked?
Hi, me again. Another goofy novice question. It appears that there will be possible good news coming out of eurozone, with some German Data. at 8 gmt. Are big players allowing Euro to flow down, in order to reap bigger profits at newstime on the way back up? The euro has been getting punished and...