By Finexo - The Dollar fell yesterday against most of its major counterparts amid concerns that Europe's and Asia's economic recovery will outpace...
Forex Market Review: Daily Forex Analysis 2010-08-04
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EUR/USD stops tripped as 1.4070 gives way
Support at 1.4050 is being tested as EUR/USD liquidation continues. Stops below the 1.4070 levels have been trigger on this latest slide. 1.4015 is next support should the pullback extend. One interesting note in EUR/USD: we have not closed below the 10-day moving average since late april. That...
Weekly Forex Market Followup (October 17th – October 21st 2011)
By Michael Trinkle, ForexTraders Key Fundamental Forex Events for the Week of October 17th through October 21st The following table lists the key economic data and other events that came out during the week of October 17th through the 21st, with release times displayed for the GMT time zone. The...
EUR/JPY technicals
Modest uptrend still in play here on the hourly charts but the excessive volatility from last Friday between 136.30 and 139.20 may be signalling th the quiet times are over and we are in for more high volatility. Risk/reward would seem to favour buying dips with a stop below...
View of the Day: Don't write off the dollar
There are a number of reasons why its too early to bet on a collapse in the dollar in 2010, says Donald Rissmiller at Strategas Research Furthermore, the debt-to-GDP ratio remains below the 100 per cent level typically considered problematic. “While there has been some talk of an eventual US...
Ex Goldman Sachs Employee Greg Smith Signs Book Deal
The New York Post reported that former Goldman Sachs (NYSE:GS) executive Greg Smith has signed a book deal for $1.5 million to tell his story....