Trends for Today 17/02/2010
Market Notes: The TIC Flows report yesterday showed that China sold off enough US debt in December to let Japan become the new number one holder of US debt.
Month: February 2010
Forexpros.com Daily Analysis – 17/02/2010
ForexPros Daily Analysis February 17, 2010 Fundamental Analysis: BOJ Press Conference The Bank of Japan will be holding a press conference, their preferred method of communicating with investors. Topics at such conferences generally include economic outlook, inflation...
Daily Market Outlook by AceTrader
Market Review – 16/02/2010 21:57GMT Euro rebounds on short-covering after Greece said it won’t need EU bailout Euro rose against the greenback on Tuesday after a Greek official said the nation is ahead of its deficit-reduction goals...
Forexpros.com Daily Analysis – 16/02/2010
ForexPros Daily Analysis February 16, 2010 Fundamental Analysis: FOMC Meeting Minutes Traders of the US anticipate the publication of the Federal Open Market Committee (FOMC) Meeting Minutes. They are a detailed record of the committee’s interest rate...
GBP/USD 1.5660 – 16 February 2010
GBP/USD Open 1.5660 High 1.5737 Low 1.5562 Close 1.5658After slight decrease on Monday, Pound/Dollar showed strength and started climbing from the 1.5614 bottom, towards Friday’s top and nearest resistance 1.5737. If that level is successfully penetrated upwards,...
EUR/USD Trading Near a 9-Month Low
This week began with a relatively quiet trading session; however this calmness is likely to end today. The German ZEW Economic Sentiment and the U.S. Long-Term Purchases reports look to create large volatility in the market today....
EUR/USD 1.3653 – 16 February 2010
EUR/USD Open 1.3596 High 1.3654 Low 1.3582 Close 1.3597Euro/Dollar started the week with low volatility because of the absence of economic events and the US President’s Day, trading within a small range, closing on Monday at 1.3597....
Never Trade Without a Protective Stop
After having identified your entry on a new trade, the next step should always be to identify the price level for your protective stop.
Forexpros.com Daily Analysis – 15/02/2010
ForexPros Daily Analysis February 15, 2010 Fundamental Analysis: German ZEW Economic Sentiment European traders look forward to the publication of the German ZEW Economic Sentiment tomorrow, February 15. The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment...
Greece Worries Continue to Impact Euro
With a slow news day forecasted for today, the Euro continues to be weighed down by Greece’s deficit worries. Further impacting the hard hit currency is the lack of a concrete plan from the European Central Bank...