Author: forexpros.com

Today’s US Dollar Trading • Overnight conditions thin, traders note volumes light• Some stops seen in New York trade• Technical actions dominates

Today’s US Dollar Trading •    USD reverses to go two-way after London fix•    US data considered unfriendly to equities and USD•    Traders note stops above the market

Today’s US Dollar Trading •    USD reverses from early highs, makes lows in some pairs•    Equities better but USD/JPY fails to gain•    Technical objectives met

Overnight Asia/Europe •    USD firmer overnight•    Stops seen in most pairs lifted USD•    Liquidation of GBP crosses continues

Overnight Asia/Europe •    Early USD weakness gives way to strength•    Equities mixed, Oil firmer•    Speculation two-way on what will happen early in the year

Today’s US Dollar Trading •    USD fails to gain a foothold, ends lower across the board•    Model accounts buying EURO, possibly going long•    Volumes continue on the lighter side

Overnight Asia/Europe •    USD starts weaker in Asia, two-way action•    Japan Tankan below forecast•    Most pairs at technical S/R

Today’s US Dollar Trading •    Equities firmer but two-way, majors follow-suit•    EURO scores highs on stop-driven trade, closes firm•    Technical levels in most pairs breached

FREE-Live Forex Webinar!! Foreign Exchange doesn't have to be Foreign  Wed, Dec 10, 2008, 16:00 GMT Hosted by Jay Engelmayer of Finexo     Finexo’s Webinar will address the following topics:— The logical side of Forex trading –...

Get excited for this afternoon's live FREE webinar – How to determine the forex market cycles -Types of market moves     Wed, Dec 3, 2008, 13:00 GMT Featuring Dr. S. Sivaramen of  I-knowindices.   The webinar will cover...