Forex CT 2-2-12 Video News Update

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Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers the...


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  • US Wholesale inventories hit lowest level since September 2007

    US April Wholesale inventories were lower than expected down 1.4% to reach their lowest level since Sep 2007. Wholesale sales also fell, down 0.4% to their lowest level since November 2005. Also realeased was the IBD Economic optimism index which rose to 50.8 in June from 48.6 in May. This puts the...

  • Forex: Euro Weakens Versus Major Rivals After US Jobs Report

    (RTTNews) - The euro saw some weakness versus other majors as traders turned to safer currency investments after data showed the U.S. unemployment rate surged to a new 26-year high above 10 percent. The euro moved slightly lower amid choppy trading against the dollar, trading near 1.4840. The...

  • EUR/JPY technicals

    Modest uptrend still in play here on the hourly charts but the excessive volatility from last Friday between 136.30 and 139.20 may be signalling th the quiet times are over and we are in for more high volatility. Risk/reward would seem to favour buying dips with a stop below...

  • Eur/Usd capped by Far-East names

    Dealers report that the pop up to to 1.4030 was eagerly sold into by Far-East names and now we move back to the 1.40 level. The stock market is up a touch at the moment with the Dow up 19 points and S&P Futures moving higher...

  • GBP/USD Sets a Temporary Bottom on Declining Volume

    By Fast Brokers -The Cable is finally forming a temporary bottom after its swift selloff. Friday’s downturn gained traction as Gordon Brown...