Look for gold to possibly come under pressure early next week, with the prices likely to remain well supported heading into February. -MB DailyFX provides forex news on the economic reports and political events that influence the currency market.See all stories on this topic ยป
Gold On Pace for Strongest Month Since August Ahead of Fed Testimony
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Forex Options Show US Dollar Sentiment Extreme, Bounce Likely ...
Forex options markets currently show traders are the most bearish the US Dollar in the past calendar year?bolstering the case for a noteworthy US dollar bottom. In fact, Euro/US Dollar risk reversals now show that traders are the most ... ForexSphere -...
GBPUSD is facing 1.5891 support
GBPUSD is facing 1.5891 support, as long as this level holds, the fall from 1.6164 is treated as consolidation of uptrend from 1.5272, and...
FOREX VIDEO - Pre London Outlook August 6th 2009
Hey everyone, happy to be back from Vegas and ready to do some real trading again. For this presentation I examine the Pound Swissy and Euro Yen. Given that this is NFP week I build a few very conservative trade plans. We have officially made our 1st lower high on the hourly Dow and S and P charts....
FOREX VIDEO - New York Session Review - August 10, 2009
The GBP/USD was the only major currency pair which had shown any significant movement during today’s London session. By the open of the New York session, traders had both technical and fundamental reasons to short the cable. A profit of between 65 and 180 pips (depending on exit strategy) was...
Equity markets turn south, selling flows in EUR/JPY
Both the Kospi and the Australian All Ords were up almost 1% but have now fallen into negative territory. The Nikkei is down 0.25% and Taiwan is down almost 6% in 2 days. Add in to the mix some selling flows out of Tokyo in EUR/JPY and the market has been caught a bit by surprise. As I said earlier...