By Don Curren Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The yen has risen to its highest level in more than a week as the greenback remains under broad ...
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WORLD FOREX: Yen Firm As Dollar Remains Under Pressure
Source: online.wsj.com
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CAD and oil hour-scale correlation: it's safer to rely on CAD
In the recent forex/CFD data, USD/CAD is negatively correlated with light oil (WTI) CFD. This is the same as saying that CAD, one of the commodity currencies, is positively correlated with oil. This is old news. In this article I take a deeper look at the issue and analyze the shape of the...
Volatility Analysis: GBP/JPY
[Click on the graph above for a larger version] One of your most important indicators for trading the Forex market is the clock. Knowing how to trade — using technical and fundamental analysis, managing risk, adopting a trader’s mindset — is critical, but your effectiveness as a...
Forex: EUR/AUD lowers to 1.6296
The EUR/AUD eased from threatening 1.64 to steadily lose ground to remain at 1.6296. The mood has been bearish for the pair in keeping with the monthly trend. However, while there is a down bias for the pair, the Aussie is set to firm as interest rates are set to rise by at least 25 basis points...
FOREX-Dollar gains, cheered by US jobs report
NEW YORK, June 5 - The dollar on Friday posted its largest one-day gain against a basket of currencies in more than five months after data showed the United ... See all stories on this...
FOREX VIDEO - New York Session Review - August 17, 2009
Some days, the best plan is to keep your powder dry. After broad risk aversion in currency and futures markets during the Asian and London sessions, consolidation was the theme for the major pairs during today’s New York session. Curt Wehrley FX Bootcamp’s Quantitative...