By The Sizemore Letter I read a fact this week that I never expected to read in my lifetime: “The Japanese government is expected to announce...
Japan’s Endgame Nears
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USD Turns Bullish Following EU News
Source: ForexYard The US dollar had a particularly strong day today following negative news out of both Japan and the euro-zone. News that Japan...
USD/JPY order book
Heavy sell orders yesterday in USD/JPY between 98.60/80 did not get filled and these offers may move lower today. Some dealers are expecting the sellers out of Tokyo to place their orders around 98.10/25. Solid bids are still noted at 97.50 and especially between...
AUDUSD stays above a uptrend line
AUDUSD stays above a uptrend line on 4-hour chart, and remains in uptrend from 0.9390, and the rise has extended to as high as 1.0344. As long as...
Canadian Unemployment numbers disappoint
Canadian Payroll data came in worse than expected at -41.8 k worse than the forecast of -33k. The Unemployment rate was also higher than expectations at 8.4%, the highest level in 11 years, rather than the 8.2% forecast.Usd/Cad bounced sharply on the news moving up to 1.1035 from 1.1010 before the...
EUR/USD Down for a Second Day as Productivity Grew
EUR/USD continued to fall today as the ECB kept interest rate unchanged and the U.S. productivity in the first quarter of 2009 rose faster than expected. The currency pair is now trading near 1.4121. Initial jobless claims were at 621k last week, down from 625k...