GBP/USD broke the resistance of 1.5630 and then moved as high as 1.5741 as mentioned during last weekend and quoted above. The currency pair closed...
GBP/USD Outlook – Jan 29, 2012
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FOREX VIDEO - Pre London Outlook October 9th 2009
Hi everyone, nothing exciting in this outlook I once again draw on the Euro Pound cross for clues in trading Cable today. In addition to looking at these two currency pairs I also look at the Kiwi USD and Aussie Yen today. I expect some profit taking for the Kiwi and the Aussie Yen is threatening a...
Kiwi Spikes Up To New Multi-day High Versus Aussie
(RTTNews) – Extending previous session’s uptrend, the New Zealand dollar spiked up further against the Australian dollar during New York afternoon trading on Monday. At present, the kiwi is trading near new multi-day high of 1.2566 versus the Aussie, compared to Friday’s New York...
The S&P;500 Conundrum
By Adam Hewison - I was just looking at the S&P 500 index as we come to a close for the week of June 6th. While the market appears higher...
GBPUSD pulled back from 1.5318
Being contained by 1.5382 previous high resistance, GBPUSD pulled back from 1.5318 and traded in a narrow range between 1.5128 and 1.5318. Support...
Latvian budget vote Tuesday
Should pass, says parliament budget chief. If it fails, look for some EUR weakness owing to concerns to western European banking exposures and fears of a domino effect. A few oither tidbits: Traders note good selling of cable from German names in the last few minutes. There is also talk of large...