GBP/JPY has touched the top channel line that we noted this morning. We enter a Sell Order at market (current Bid 157.37). [...]
Trade Idea - Short GBP/JPY
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French industry output data much worse than expected
French April industry output fell a hefty -1.4% m/m, much worse than expected, versus median forecast of -0.2%. Data has dented risk appetite a little, with EUR/USD falling back below 1.4100 to 1.4085 at writing. Cable is back below 1.6400 at...
Forex daily analysis: 01-11-2010
Provided by: Real-Forex USD/CAD Daily graph: http://www.real-forex.com/charts-daily/011110/CAD_DAILY_011110.JPG The last 9 sessions...
Ken Lewis being beaten like a drum
Poor Ken Lewis, CEO of Bank of America, is in the unenviable position of having to defend himself from charges that he was either an idiot for not anticipating Merrill Lynch’s losses prior to late December, shortly before the deal was set to close or he was pressured into the closing the deal...
UK trade deficit better than expected
UK May global goods trade deficit came in at £6.263 bln, an improvement from the £7.137 bln revised shortfall in April, and better than the median forecast of £6.75 bln. Lowest deficit since June...
22-2-12 Forex CT Market Update & Outlook
Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers...