FOREX VIDEO - New York Session Review - July 28 2009

Source: blogs.fxstreet.com

The US dollar and Japanese yen staged recoveries which spanned from today’s London open to the London close. A worse than expected CB Consumer Confidence figure for July sure didn’t hurt those who were bullish on those currencies during the New York session. A 50-pip news scalp on the EUR/USD was one of several opportunities to profit in today’s currency market. Curt Wehrley FX Bootcamp’s Quantitative Analyst


Read more...

  • Rumor: NFA is going to do away with limit orders

    [FROM: sledge] So What are we going to do when the NFA takes away our limit orders in July [FROM: dug] wtf [FROM: dug] what do you mean takes away limit orders [FROM: sledge] rumor has it the NFA is going to do away with limit orders, to a market orders only system [FROM: sledge] Apparently it has...

  • Reflation trade gathers footing

    Stocks are off their early lows, down about 0.5% in mid-morning trade while oil has rebounded better than a dollar from it’s erly sell off and now trades at $72.20. EUR/USD is getting a boost, as one would expect, now at 1.390. Look for sellers in the 1.4030/40 area first time up. Dealers...

  • This Week’s European Calendar

    By TraderVox.com Friday was a remarkable day as far as the Euro’s performance is concerned. The EUR/USD had one of its typical blockbuster...

  • Bangladesh's Forex Reserve Crosses $7.0 Billion

    "Steady growth of inward remittances and deceasing import payments have contributed to the crossing of forex reserves $7.0 billion-mark," Bangladesh Bank ... See all stories on this...

  • US Pending Home Sales up much higher than expected | Forex News ...

    The sales were up 6.7% much higher than expected. This is the largest gain since October 2001. It also is the 3rd straight increase. Pending Home. Forex News and Commentary by FXDD -...