If it wasn't for equities and commodities rallying back the last 30-minutes of Wall St. the higher-yielders in the Forex market would have been stuck on ...
See all stories on this topic
Forex and Financial Market Update 10 June 2009
Source: www.forexrazor.com
Read more...
FOREX VIDEO - London Session Review - September 17, 2009
As we opened London today we had many clues on the EUR/GBP 1 hour, 4 hour, and daily charts that we were due for, at least on the short term, a modest pullback to the downside from it’s recent strength indicating potential short term British Pound strength. Couple this with the USD starting...
Forex: GBP/USD falls further to 1.6410
Dollar is getting stronger across the board with the exception of the Yen on a big sell-off in equities. GBP/USD fell after the opening bell to 1.6415 (intra-day low). From there rebounded sharply and rose back above 1.6500 but failed to hold and regained the downside. After finding resistance at...
Foreign Direct Investment in China remains sluggish
The total FDI in the first five months of the year was just over $34 billion, which is down 20.4% on the same period in 2008. The first four months saw a fall of 21% so there has been a slight...
GBPUSD stays below a downtrend line
GBPUSD stays below a downtrend line on 4-hour chart, and remains in downtrend from 1.6453, and the fall extended to as low as 1.5912. As long as...
EUR/USD dips below Thursday’s low but no follow-through
EUR/USD is recovering from a dip to the high 1.3930s, just low enough to trigger stops perched below the lows posted after yesterday’s jobless claims and retail sales data. Having shaken out more longs, what’s a market to do> rebound, of course! Now we’re back up to 1.3970,...