The higher initial jobless claims data caused some consternation despite the fact that it is not included in the upcoming payrolls figure. The dollar...
Forex Daily Market Commentary August 6, 2010
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IvyBot
I just learned that a new ClickBank forex product has been launched. It goes by the name of Forex Ivybot. There are probably a ton of websites out there trying to convince you to buy this expert advisor, but I’m not so sure about it. Some say that it’s not worth to buy it. I’m not...
Bank of Mongolia Hikes Interest Rate 50bps to 12.25%
The Bank of Mongolia increased its policy rate by 50 basis points to 12.25% from 11.75% previously. The Bank said: “The...
Early Tokyo showing its hand; JPY crosses lower
EUR/JPY has fallen swiftly from 134.80 to 134.35 as early Tokyo enters the market and obviously decides it does not want to buy anymore. Dealers report a lot of offers appearing in USD/JPY, some in very decent size and this is obviously weighing on the crosses. Bids were reported earlier at 97.50...
USD/JPY Consolidates With High Volatility
By Fast Brokers - The USD/JPY is exhibiting some interesting consolidative volatility while bouncing between our 2nd...
Daily Forex Tips - August 14th 2009
The USD Continues to Fall Yesterday’s trading continued to be extremely volatile, and the major currencies continued to fluctuate within a very high range. However, the better-than-expected figures form the Europe’s leading economies (Germany and France) helped push up the EUR vs. the...