Merry Christmas and a Happy and Prosperous 2010!

Source: feedproxy.google.com

Seasons Greetings everyone! I’ve been really busy with Christmas shopping and holiday preparations lately so I haven’t had much time to tend to this blog, but I’d like to nonetheless take a few minutes to wish you all of you a heartfelt Merry Christmas!!! And a Happy and Prosperous New Year!!! Sincerely, Alan http://alansforexblog.com


Read more...

  • New York forex wrap-up; Dollar extends recent gains

    US nonfarm payrolls fall 345,000 (far less than expected); unemployment rates rises to 9.4%, jobless rate at 27-year high Canada reports a loss of 42,000 jobs; unemployment rate 8.4%, highest in 11-years UK’s Brown shuffles cabinet; Darling and Madelson stay on Fed’s Lockhart: Fed...

  • USD/JPY having opened easier, steady in early European trade

    USD/JPY having opened a little easier, is seeing steady trade in early Europe. We’re presently sitting at 91.85 having closed out in North America Friday up around 92.05. The market duly noted the aforementioned Financial news article with it’s call for China to increase it’s...

  • FX market in choppy consolidation

    The USD is maintaining its gains from Friday night and it seems to have the momentum on its side at the moment. We may have to wait for Europe to come in before we see any major moves as Asia is doing it’s usual consolidation. The most likely big move would be if USD/JPY can break...

  • AUD starting to feel tired

    The AUD has been the second strongest major currency in recent months behind the fast-recovering pound but I feel the run is coming to an end. My reasons for turning neutral from bullish are Price- quite simply the AUD is not cheap anymore as it was against the USD at .63 and the EUR at...

  • WORLD FOREX: Dollar Rises As Gloomy Outlook Prevails

    LONDON (Dow Jones)--Gloomy global sentiment prevailed, helping the dollar to make gains against most other majors in Europe Thursday. Stronger than expected employment data from Australia did boost risk appetite at one stage earlier in the day but the move was brief and investors soon lost...