Source: ForexYard Negative comments by a top credit agency turned the euro bearish today, following several days of upward movement. The comments...
Euro Dips Ahead of Minimum Bid Rate
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FX Universal, a New York based company specializing online forex trading services, now offers spot gold and silver trading on the same cutting edge platform: GTS (Global Trading System). Their global client base now has access to spot ... Online Forex Trading -...
EUR/USD extends sell off, but buy orders noted
EUR/USD has extended it’s early sell-off, presently at 1.3925 having just posted a 1.3917 session low. Risk sentiment doesn’t seem to be in very good shape; stocks oil down. Sources do however note some buy orders lined up at 1.3900 and then again quickly at 1.3885/90, which should at...
GBP/USD Experiences Profit-Taking Despite Stronger Than Expected Services PMI
By Fast Brokers - The Cable’s intraday rally topped out at our 1.6679 resistance, or October 30 highs, as we...
Why the US economy that exits the recession may not resemble the one that went in
One of the new variables the market has had to contend with is that the US economy went into a cyclical downturn in one form and hopes to emerge in quite different fashion. Whether or not you agree with the politics of the transformation, the changes are substantial and come with a price tag to...
USD/JPY Bows to Our 3rd Tier Downtrend Line
By Fast Brokers - The USD/JPY is turning south from our 3rd tier downtrend line as we notice a Dollar appreciation across...