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Forex ct 3-2-12 Video News Update
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USDCHF stays in a falling price channel
USDCHF stays in a falling price channel on 4-hour chart. As long as the channel resistance holds, another fall towards 1.0400 is still possible and...
USDJPY may be forming a cycle bottom at 84.72
USDJPY may be forming a cycle bottom at 84.72 level on daily chart. Key resistance is at the falling trend line, a clear break above the trend...
Bearish trend for US dollar continues in forex trading today
The bearish trend for the US dollar shows no sign of abating, with the daily USD index chart plunging ever lower this morning. The problem for the US currency is that it is being pressured lower both from a technical and fundamental perspective. The FED policy of further quantitative easing is...
PM in crisis: Make-or-break Monday
Rebels plan new push against Brown within next 24 hours while Blears ponders Howe moment and Labour faces Euro poll...
Asian forex market wrap
IMF says Euro-zone banks need a recovery plan A very quiet morning has turned into a big down-day for the JPY crosses Initial gains on regional bourses turn into losses Some US Banks allowed to repay TARP China to ease rules on investment overseas by its citizens/corporations Australian job ads...