EURUSD’s bearish movement extends further to as low as 1.2144 level. Deeper decline is still possible later today and next target would be at...
EURUSD’s bearish movement extends to 1.2144
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Lots of buyers in the AUD/USD
As we mentioned earlier this morning, all the weak stops were triggered in the AUD/USD below .7875 last night in early Europe and now there are lots of buyers emerging from the woodwork. The AUD/USD has jumped from .7880 to .7930 already this morning and one dealer I spoke with sees it going to...
Steinbrueck: Nothing to see here, move along…
We can handle a pseudo-stress test but not the real thing. That seems to be the message from German Finance Minister Steinbrueck at the G8 meeting: “We want stress tests, but stress tests of the system not related to individual banks,” German Finance Minister Peer Steinbrueck told reporters in...
AUDUSD Intraday views
AUDUSD will be supported via strong buying in commodities and a weak USD today and very strong consumer confidence numbers. Traders looking to buy under 80c for a revisit of 8120 tonight. Not hearing of any major selling interest on the day. AUD right in the middle of the day’s range here but...
Merkel’s inflationary fretting may wake the bears from hibernation
It is lonely in the diminishing camp of bears, says Ambrose Evans-Pritchard. I must admit I almost always find AEP’s articles...
And yet another Forex Ponzi scheme! This time targeting Korean ...
I'm constantly trying to warn naive (and sometimes the most sophisticated) investors that people promising unthinkable returns but refusing to disclose all ... See all stories on this...