By MoneyMorning.com.au Global equity markets rallied and have started the year on a positive note. It’s as if the markets have completely...
The Markets Rally Like It’s 2008
Source: feedproxy.google.com
Read more...
GBPUSD stays above a rising trend line
GBPUSD stays above a rising trend line on 4-hour chart and remains in uptrend from 1.5344 (Dec 28, 2010 low), the fall from 1.6277 treated...
US Bond markets very jittery ahead of NFP’s
The sell-off in 10 year US Treasury futures is intensifying pushing yield up above 3.75 and to their highest level since November of last year. The ongoing deficit worries continue to loom large over the bond markets. This has helped Usd/Jpy fill all the selling interest at 96.85/90 and move on to...
EURJPY: ranges getting tighter
It seems that the EURJPY range has been shriking over the course of this week, with Yen crosses taking a back seat to straight USD positioning. Its been unable to crack above yesterday’s high of 138.05. Buyers are seen at 137.00-20 with stops below. Sellers 138.00-10 then 138.30. It needs to...
FOREX VIDEO - New York Session Review - October 12, 2009
Banks closed in the U.S. for the Columbus Day holiday, plus the prospect of traders sidelined before a heavy mid-week dose of monthly economic and quarterly corporate earnings reports, made for thin trading conditions during today’s New York session. For the most part, it was a good day for...
GBPUSD failed to break above 1.5779 resistance
GBPUSD failed to break above 1.5779 resistance, and pulled back from 1.5768 yesterday, suggesting that lengthier sideways movement in a range...