Euro zone August industrial production has come in at +0.9% m/m, -15.4% y/y compared to median forecasts of +1.2%, -15.5% respectively. EUR/USD continues to see good buying interest on any dips, presently up at 1.4905 having been as high as 1.4909. As mentioned earlier, mixture of stops/sell orders between 1.4905 up through 1.4920.
Euro zone August industrial production +0.9% m/m
Source: www.forexlive.com
- Tags:
- All
Read more...
Tomorrow’s U.S. Non-Farm Payrolls to Dictate USD Direction
By ForexYard - The Dollar gained considerably ground in yesterday's trading, whilst the price of Crude Oil...
January 2011 performance review for Danica-9am algorithm
During January 2011, the first month of the second year of live performance, the system continued on auto-pilot without parameter changes. This document consists of a summary section reporting the figures of merit for the forecasting quality, followed by 14 subsections, dedicated to the individual...
WORLD FOREX:Yen At Multi-Wk Highs Vs Euro,Dlr; Weak Stk Mkts
Overall sentiment in the currency markets "has soured because of falls in stock markets," said Masanobu Ishikawa, a foreign-exchange manager at Tokyo Forex ... See all stories on this...
Watch 1.6000 barriers as reversal takes hold
The greenback is screaming higher after the Lockhart comments. If markets get disorderly, watch for the barriers at 1.6000 in cable to come under...
$7,720 on 4 pairs? (4 Forex trades + preview)
If taking $7,720 out of 4 Forex pairs with very little work sounds appealing, then read every word this message, because.. …I have a couple of very important updates: 1. 30+ year trading veteran Bill Poulos will be be picking the lucky recipient of the first copy of his brand new Forex...