Selling of stocks and buying of dollars had been the prevalent theme during the first three trading days of the week. After a one-day hiatus fueled by a better than expected headline figure from yesterday’s U.S. GDP report, risk aversion returned on Friday. Short trade setups on the EUR/USD currency pair produced profits between 80 to 120 pips [depending on entry and exit strategies]. Curt Wehrley FX Bootcamp’s Quantitative Analyst
FOREX VIDEO - New York Session Review - October 30, 2009
Source: blogs.fxstreet.com
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Dollar continues across-the-board slide
Risk-loving investors have turned oil prices and equities higher, putting the reflation trade back on track. The combination of an improving US (and global) economy is helping lift spirits but not the dollar. US debt levels will balloon in the near-term no matter what the economy does and will...
FOREX-Dollar gains, cheered by US jobs report
NEW YORK, June 5 - The dollar on Friday posted its largest one-day gain against a basket of currencies in more than five months after data showed the United ... See all stories on this...
Latvian budget vote Tuesday
Should pass, says parliament budget chief. If it fails, look for some EUR weakness owing to concerns to western European banking exposures and fears of a domino effect. A few oither tidbits: Traders note good selling of cable from German names in the last few minutes. There is also talk of large...
All Eyes on The US Non-Farm Payrolls Release Tomorrow
The Dollar gained considerably ground in yesterday’s trading, whilst the price of Crude Oil plummeted. The question today is can this pattern be extended into end-of-week trading? The answer to this question will be determined by a number of factors, such as the U.S. Unemployment Claims...
Investing in Solar Energy
It almost doesn’t make sense… Last year, Germany, the United States, Italy and the U.K. all installed a record number of solar panels in...