The US Federal Open Market Committee (FOMC) held the fed funds rate unchanged at 0 to 0.25 percent, and made no other changes to its...
US FOMC Maintains Policy, Rate Unchanged at 0-0.25%
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Flexible Forex Trading In Action
Did you watch Part 1 of the brand new video Forex training I posted about earlier that reveals 30+ year trading veteran Bill Poulos’s recent Forex discovery? It’s already shaking things up and breaking old paradigms in the Forex trading community. See what one trader had to...
FOREX VIDEO - ASIAN OUTLOOK NOVEMBER 23rd 2009
Hello everyone. For todays preview video, I would like to look at the GBP/JPY longer-term and as part of the analysis provide an update on the GBP/USD. Please note the shorter week for the US equity markets. Thin market conditions will exist. Be careful with your trading this...
Shorts cover as AUDUSD pops thru 81c
The market has been once again surprised with the economic data released showing only 1700 jobs were shed in May. Market has been caught short, with many expecting a bad number. Yesterday commodity buying and a strong consumer confidence number helped AUD higher. Today the Employment figures will...
Forex: GBP/USD falls back to intra-day lows close to 1.6415
fxstreet.com (Barcelona) – After bouncing at 1.6415 and testing the 1.6500 level, GBP/USD has been rejected by the 1.6525 level to break the MA200 and MA55 ... The FastBrokers Research Team comments: “Technically speaking, the Cable’s inability to test 10/23 highs has dragged the currency...
A snarky take on today’s GDP report
For all you non-believers in the strength of the US recovery, this post’s for you. The recession is over only because Washington decided it should be. With billions in fresh government spending, it was only a matter of time before GDP posted some growth. It’s too bad all that government...