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Asian forex market wrap
Japanese current account surplus for April -53.4% YoY against expected -39% Centre-right parties the big winners in European parliament elections Top Chinese banker calls for US help in the development of Yuan debt markets Sterling loses ground on the crosses after a very poor showing by...
NAHB- Housing market at or near bottom
The head of the national Association of Realtors says the US housing market is at or near a bottom. Now, he has a vested interest in talking his book, but recent indicators tend to back him up. let’s hope mortgage rates do not soar to the point where the housing recovery is choked...
USDCHF stays in a downward price channel
USDCHF stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9594, the price action in the range between 0.9114...
Forex CT Afternoon Report for 5 March 2012
Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers...
EUR/USD Forms a Head & Shoulders Pattern
By Fast Brokers - The EUR/USD registered rising volume to the downside again, showing there is more interest on the sell-side these...