Title: EUR/USD – Down Trend Story: Trend is currently bearish in EUR/USD currency pair. Intraday charts are oversold and I am expecting...
Daily Elliott Wave Forex Forecast-13-August-2010
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USD/JPY resistance line eyed at 98.50
USD/JPY has rebounded along with the broad dollar as EUR/JPY losses its risk barometer role. The dollar is moving in more monolithic fashion, making life somewhat easier for the market at the moment. Modest resistance is seen at the 98.50 level from a resistance line drawn off the 98.90 highs from...
Lacker: Brighter economic outlook, falling deflation fears shape yield curve
Commenting of the very steep US yield curve, Richmond Fed’s Lacker says that a brighter economic outlook and easing deflation fears are mostly responsible. Left unsaid (or unreported) is the fear of a dollar decline are a big part of the back-up in yields as foreign investors fear their...
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Many traders confine their activities to one or two of the most liquid markets in the financial world. Some like to trade bonds, others prefer stocks, and a growing number are moving to forex as a new and exciting field. As more and more traders experience the rewards and potential of new markets,...