USDJPY stays in a falling price channel and remains in downward movement from 93.75. Another fall is still possible next week and ...
USDJPY’s fall extended to 88.57
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Short Term Weakness Seen In Gold
The price of gold of XAU/USD in the commodities market could be due for a correction in the near term. As you can see from its 4-hour chart...
Tumpel-Gurgerell: Central banks need to be pricks…
…of asset bubbles. Asset bubbles and financial sector imbalances should be dealt with preemptively, she says. The financial crisis represents the greatest ever challenge for the euro, she says. 2009 will be very difficult. Deflating asset bubbles is likely to be the consensus change in the...
Daily Forex Tips - June 5th 2009
8:30 GMT- GBP PPI Input * This indicator reflects the change in the price of raw materials purchased by manufacturers. * This data release is forecasted to improve from the previous month’s result. * The results typically create volatile market conditions. * Higher than forecasted results...
Dollar comeback in Eur/Usd not seen elsewhere
Interesting to see that the pullback in Eur/Usd has not been replicated in Dollar strength in Cable or Usd/Yen. Cable is looking well supported at 1.6220 with markets awash with chatter over positive Sterling M&A flows. Eur/Gbp selling by a clearer in the 0.8630/40 area is being cited as maybe...
Forex Video - Pre London Outlook July 29th 2009
Hey everyone, for today’s London outlook I highlight a potential breakout for the Pound Swissy that should give us a nice trade on a daily level. Additionally I also analyze the Euro Yen and build a simple trend following trade plan. Nothing but basic trend analysis as well as support and...