Being contained by 1.5962 support, GBPUSD rebounded from 1.5977, suggesting that a cycle bottom is being formed on 4-hour chart. Further rise would...
GBPUSD rebounded from 1.5977
Source: feedproxy.google.com
Read more...
EUR/USD intraday seasonality overview, 2003-2010
In the past, we have looked at hour-scale autocorrelations and intermarket correlations in FX, averaged over observation intervals as long as several years. We have also looked at time evolution of interesting correlation effects, averaged over shorter time intervals. This report begins a new...
ECB’s Constancio says Europe inflation may be below expectations
ECB’s Constancio feels euro zone inflation in 2009 may come in below expectations, but that it doesn’t mean deflation and no deflationary spiral is expected for 2010. Speaking at a banking conference the official said “Inflation levels now foreseen for this year are very low,...
FOREX VIDEO | NEW YORK SESSION REVIEW | June 11, 2009
Inter-market correlation pointed to a rally on the EUR/USD currency pair during the first 30 minutes of today’s US equity market session. The rally broke a downtrend line, and a conservative long trade entry came in the form of a re-test of that former source of resistance. A 60-pip profit...
Chinese Banks: Will Missing Yuan Trigger a Capital Flight of China’s Black Swan?
By MoneyMorning.com.au Reuters reported last year that Bert Hoffman, World Bank chief economist for East Asia and Pacific is confident business...
End of day
With the stock market looking like it has that “going to end the day in the negative” feel to it, it won’t be long now until the eur/usd and aud/usd longtraders get nervous and start selling to lock in their profits. Right now it looks like everybody is waiting on somebody to make...