GBP/JPY survived Friday’s NFP number with a spike higher on the data release, and then a slow fade lower. Not a very [...]
The Next Big Move in GBP/JPY
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Forex settlement volumes rise in May - CLS
LONDON, June 16 (Reuters) - The average number of daily foreign exchange payment instructions rose in May, reversing a slide in April, ... See all stories on this...
All together now: Reserve status secure
I missed this the first time around, but the IMF’s number 2, John Lipsky, says the dollar will retain its reserve currency status for “as far as we can see”. After weeks of talking down the greenback, officials from BRIC countries have begun to back-pedal as well, and the dollar...
Volatility Analysis: GBP/USD
[Click on the graph above for a larger version] One of your most important indicators for trading the Forex market is the clock. Knowing how to trade — using technical and fundamental analysis, managing risk, adopting a trader’s mindset — is critical, but your effectiveness as a...
EUR/GBP - Short Term and Long Term Views
EUR/GBP has turned from a investment pair into a trading pair. Ever since the financial world became unglued (late 2007? Summer 2008?)...
GBPUSD stays below a down trend line
GBPUSD stays below a down trend line from 1.6298 to 1.6182 and remains in downtrend from 1.6298. As long as 1.6093 key resistance holds, downtrend...