Forex Daily Market Commentary

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Risk sentiment continues to find support as figures out of the US yesterday suggested some of the recent economic fears could prove overblown,...


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  • Daily Dividend Report: SPG, PEP, ADM, WYNN, PRE

    Simon Property Group (SPG) announced its quarterly dividend of 95 cents per share, an increase of about 6% over its prior dividend in November of...

  • Fed’s Yellen: Unconventional Fed policies bring unintended risks

    San Francisco Fed president Janet Yellen says that the recent rise in Treasury yields is disconcerting if they reflect inflation fears. She also says monetary policy can play a role in popping asset bubbles. Yellen is usually thought of a an inflation dove but today she sounds relatively middle of...

  • EUR/JPY drifting lower

    EUR/USD is back at it’s opening level of 1.3890 and USD/JPY is on it’s session lows at 98.25. This means of course that EUR/JPY is lower, currently trading at 136.50 after posting a high at 137.30 earlier in the session. Dealers say that interest is very low and it is a case of small...

  • FOREX VIDEO - Pre London Outlook August 10th 2009

    Hi everyone, hope you had a profitable NFP morning and a restful weekend. For today’s outlook I take a look at the Euro USD and Pound Swissy pairs. I make use of the longer term charts to try and get a fix on what we can expect intraday. Using this analysis I have put together a few trend...

  • Bank Indonesia Keeps Interest Rate at 6.00%

    Indonesia’s central bank, Bank Indonesia, kept the BI reference rate unchanged at 6.00%.  Bank Indonesia Governor, Darmin...