FOREX VIDEO - European Outlook November 3rd 2009

Source: blogs.fxstreet.com

Hey everyone. For this outlook I concentrate on the Aussie USD since we have an Aussie rate statement scheduled today. It’s a fairly tough technical read for me as a result I have defined general support and resistance and some key levels to trade around and look out for. I also take a brief technical look at Cable. Quite simple analysis employed today, price action, fibs and general support and resistance. Good luck!! David Pegler


Read more...

  • Soaring yields giving USD/JPY fresh boost into the weekend

    With the short-end of the US yield curve anticipating rates hikes as early as September, short-term rates have backed up in breathtaking fashion today. 2-year notes are 36 bp higher in yield, an astounding move in a maturity that short. A move that large has awakened USD/JPY, sending the pair...

  • WORLD FOREX: Dollar Gains Sharply In Wake Of G8 Meeting

    By Don Curren Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The dollar is broadly higher Monday after developments at the Group of Eight meeting of finance ... See all stories on this...

  • Daily Dividend Report: INTC, WFC, MON, PX, ROL

    Intel Corporation (INTC) maintained its quarterly dividend of 21 cents per share. The dividend will be payable on March 1, 2012 to stockholders...

  • Times singing Gerry’s tune

    Cable to 1.75 and beyond, some currency strategists say…one of them says it right here, fairly frequnetly: Mr. Gerry...

  • Reviewing Last Week - BBFX

    Last week we posted three comments on specific moves in the currency markets, and one commentary regarding US Treasury Yields. Our posting from...