Hi everyone, hope you had a restful weekend. I’m looking forward to a good trading week ahead. For this outlook video, I build on last week’s Pound related analysis with a comprehensive look at Cable and the Pound Yen cross. Although there has been plenty of intraday volatility we have not really seen any real prevailing longer term direction for some time, I expect a change in that theme. Good luck and enjoy the video. David Pegler
FOREX VIDEO - Pre London Outlook August 24th 2009
Source: blogs.fxstreet.com
- Tags:
- Daily market commentary
Read more...
Toyota to Invest in Canadian Plant
Toyota (NYSE:TM) announced it will invest in a Canadian factory in Woodstock, Ontario for $80 million to manufacture more RAV-4...
June 10, 2009
Hello all, Much quieter today after having the setups we had been waiting for to get some additional positions into the current movements came to be. All those trades have either profited or the stop losses are set to break even. 4 Hour: 12:00 GMT: USD/JPY buy ZLC Watching: EUR/USD for a buy...
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...
Interesting look at economic sausage-making
One interesting nugget in this behind-the-scenes view of economic policy-making in the Obama Administration is the view that Ben Bernanke just might be reappointed when his term is up in...
Forex Market update for June 4th 2009 and Non-Farm payroll review ...
Forex Market update for June 4th 2009 and Non-Farm payroll review. Written June 4, 2009 at 5:23 PM EST by Shawn Powell ... Get your daily dose of forex news and commentary in the comfort of your own inbox... Just fill out this form: ... Forex News and Commentary by FXDD -...