By Fast Brokers - We got nice movement to the upside from the USD/JPY on Friday after the currency pair got above [...]
USD/JPY Pops Up to our 3rd Tier Downtrend Line
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Greece Saved From a Possible Default?
By TraderVox.com Tradervox.com (Dublin - Greece has finally won a much needed second bailout after the European governments squeezed...
FOREX-Dollar rebounds broadly, euro hit by weak data
NEW YORK, June 12 - The dollar rose on Friday, rebounding from vicious selling earlier this week, while data showing a plunge in euro-zone industrial ... See all stories on this...
Australia’s GDP expands unexpectedly in 1st Quarter, avoids recession.
Wednesday, June 3rd - The Australian economy grew in the first quarter of 2009 after decreasing in the fourth quarter of...
Usd/Cad reverses early rally
Here’s a good one, Canadian payroll data is worse than expected while US data massively trumps consensus, which shows us the sell USD reflation trade is still on. With commodities also enjoying a huge lift from the payrolls the Loony is a major beneficiary, currently at 1.0983 after hitting...
Cable trader of the year is…….
The Bank for International Settlements, better known as the BIS. Having scooped up cable below 1.6400 yesterday around 1.6375, they apparently sold into the earlier rally around the highs. At least a 2 big figure profit. Nice work if you can get...