Forex Daily Market Review Sep 01, 2010

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By eToro – The Euro consolidated near 1.27 as better than expected housing numbers and strong Asian data kept the Euro from retreating. The market is...


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  • The Greenback Awaits the Release of the Nonfarm Payrolls

    Today’s U.S. NonFarm Employment Change data release is set to dominate the trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as European Central Bank Chairman Jean-Claude Trichet’s speech at 7:50...

  • The Forex Trade that Paid for My Last Car…

    By Sean Hyman Imagine a single Forex trade that could finance your next car. Not your next car payment – I'm talking about paying for your car outright with ... See all stories on this...

  • FOREX VIDEO - London Session Review - September 17, 2009

    As we opened London today we had many clues on the EUR/GBP 1 hour, 4 hour, and daily charts that we were due for, at least on the short term, a modest pullback to the downside from it’s recent strength indicating potential short term British Pound strength. Couple this with the USD starting...

  • Tote Hose

    A great German expression which literally means “dead trousers”. When applied to the FX market, tote hose means that absolutely nothing is going on. Who says that you don’t learn anything in the FX market. By the way, Die Toten Hosen is a German punk band from my old arbeitsplatz...

  • Swiss Franc (CHF) LIBOR: technical predictability overview

    I've outlined the original motivation to study historical LIBOR data from predictability point of view in the USD LIBOR article. I continue with the logarithmic returns technique that proved useful in forex. Like the previous reports, this document begins with historical LIBOR charts for the Swiss...