Ever since I started writing blogs on Forex and on trading I've strongly encouraged EUR/USD traders to use the price of crude oil as a trade indicator ...
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Forex and Financial Market Update 11 June 2009
Source: www.forexrazor.com
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Cable hurt by M&A;this week, could be supported next week
If Barclays goes through with its BGI sale to Blackrock, GBP 6 bln could flow into the...
HK shares buck the regional trend
The Hang Seng index is down around 0.8% as opposed to gains of about 1% over on the Nikkei. Equity markets are having little or no impact on the JPY crosses today with EUR/JPY chopping around in a tight 137.45/95...
FOREX VIDEO - Pre London Outlook September 8th 2009
Hey everyone, good to be back after a long weekend. Labor Day typically signals the end of summer and more importantly “summerish” trading conditions. For this outlook video I take a look at the Euro and Pound USD. Euro has been showing some good relative strength lately and conversely Pound...
Fed’s Lockhart: Fed should not wait long to tighten
Comments via The Market News International wire from Atlanta Fed’s Lockhart are boosting the dollar. He says the Fed should not wait long to tighten. They can tighten while maintaining a expansionary quantitative ease policies. Buying more Treasuries is an option, but it has draw backs, he...
China’s Industrial Output for May rumoured to be higher than expected
There is a story printed in today’s HK newspaper, Ming Pao Daily, that the upcoming Chinese May Industrial Output number will show growth of 8.9% yoy. If this is true it will be much greater than the median forecast of 7.6% that the market is expecting and should cause a stir in the currency...