By ForexYard - Many analysts yesterday had anticipated a slight decline in the price of Crude Oil considering the recent strength...
Crude Oil Prices Surprise with Bullishness as USD Weakens
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FOREX VIDEO - Pre London Outlook October 5th 2009
Hi everyone, I hope you survived or even profited from the NFP chaos on Friday. For this outlook I try to make some technical sense of things post NFP. I concentrate on the Pound USD as well as take a brief look at the Euro and Euro Pound. I make use of several longer term charts and talk...
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...
Dollar gets a small boost at the start of the European trading day
Dollar-yen briefly breaks 90.00 trading to 90.05 and Euro-dollar and Sterling drop slightly to 1.4623/26 and...
FOREX-Euro edges up but markets skittish
The euro rose against the dollar on Monday as risk-averse sentiment eased on improved economic data and as stocks pared losses, but markets remained skittish before key central bank events and U.S. jobs data this week. European stock markets shed losses made at the outset on news that CIT Group...
Understanding Quantitative Easing
There are some economists – most can be called Keynesian – who believe in times of economic hardship, you need something to get more...