WAYNE MCDONELL
Wayne McDonell explains why monitoring interest rates plays such a crucial role in effective analysis of both the currency and stock markets.
Released: 6/24/2009 Focus: STRATEGIES
Source: blogs.fxstreet.com
WAYNE MCDONELL
Wayne McDonell explains why monitoring interest rates plays such a crucial role in effective analysis of both the currency and stock markets.
Released: 6/24/2009 Focus: STRATEGIES

Australia employment -1700 jobs, much better than the forecast of -30,000. The unemployment rate for May 5.7%, as expected. AUDUSD jumps immediately from 8045 to 8080. The jobs number is much much better than expected and should act as support for AUD...
EUR/USD started around 1.4880 and gently ticked higher eventually reaching session high 1.4905, where ACB selling emerged capping the rally. Comments from ECB’s Nowotny, suggesting any ECB tightening is some ways away, helped pressure the pairing and we’ve drifted back to where we started,...
Selling of Yen crooses has weighed on the USDJPY sending it back below 98.00 and towards the first line of support at 97.80. There are some range traders on the bid here at 97.80. However Japanese traders are looking at 97.50 as the pivot point with the base of the ichimoku cloud coming in at...
Source: ForexYard Riskier assets saw a significant boost yesterday, as the long awaited Greek bailout was finally approved. The EUR/USD advanced...
USD/CAD is a purely North-American currency pair and it's interesting to compare its temporal patterns of activity with other forex pairs. American session dominates here. Temporal distributions of volatility are also available (see the one for USD/CAD here) can be used in a model context to...