Traders steer course away from dollar

Source: www.ft.com

Data showing the US economy lost twice as many jobs as expected capped a miserable week for the dollar


Read more...

  • Apple Expected To Have A Big Holiday Quarter (AAPL)

    UBS (NYSE:UBS) expects Apple (NASDAQ:AAPL) to have a big holiday quarter and report upside to its $9.90/$38.5 billion estimates.The firm sees...

  • Live From The FOREX Expo! Join Us ONLINE!

      CLICK “ADD TO CART” TO JOIN THE LIVE WEBINAR: FUNDAMENTAL FOREX TRADING STRATEGIES http://www.moneyshow.com/video/details.asp?wkspid=5C92C12CE65D4BF0958E1D9F9FB2EF25&pg=3  Fundamental analysis creates long-term trends in forex. Technical analysis only identifies entries and...

  • Short-term model going long EUR/JPY

    First up, as a disclaimer of sorts, this model has been wrong on the last two trades that I have seen from it. I’m not sure if that’s a good thing because it’s due for a win or a bad thing because it’s out of form. This model works off very short term charts and mixes trend...

  • Funny

    I have to admit, I’m getting a good laugh today regarding the upswing in the stock market and risk currencies. This is such a set up for the big guys to come in and push through the small stops and claim their prize. PAY ATTENTION TO FALSE TRENDS...

  • Dukascopy Morning Forex Overview - Oct 16 2009

    Previous session overview The yen weakened against the euro and dollar in Asia Friday as firm Asian equity markets and commodity prices prompted speculators to dump the safe-haven Japanese currency in favor of higher-risk units. The euro rose to JPY136.03 during the morning session, its highest...