Cautious Trading Across The Boards
A solid day of range trading took place within the broad market place. The currencies essentially saw the USD trade strong early on and then tend to give back a bit of ground as the day progressed.
Month: October 2010
Dollar Anticipates Release of US Advance GDP
The US Advance GDP is the primary publication today that is set to determine the level of the dollar when the report is released at 12:30 GMT. The other main releases that are set to dominate forex...
Daily FX Market Outlook-29-10-2010 by AceTrader
Market Review – 28/10/2010 22:49 GMTDollar drops broadly on Fed easing speculationThe greenback weakened against major currencies on Thursday as investors speculated U.S. Fed would devaluate the greenback by further monetary easing.
Forex-Metal Daily Analysis – 28/10/10
The greenback reaches weekly maximums against the euro and the yen. Asian and European trading sessions: US Dollar: Speculations regarding the positive impact from the US quantitative easing policy rendered support to the greenback on Wednesday, which...
GBP/JPY Elliott wave count and Fibonacci levels, October 28, 2010
Pound/yen is now developing corrective wave B of weekly degree. Wave A – 135.03-126.43. The tragets of the corrective upmove are Fibonacci retracements of 135.03-126.43 (wave A), and expansions off 126.43-129.58-128.51.
ForexPros Daily News October 28, 2010
ForexPros Daily News October 28, 2010 Forex – EUR/USD hits daily high as dollar reverses uptrend Forex Pros – The euro was up against the U.S. dollar on Thursday, rising to hit a daily high as the...
USD – Important Days Ahead For The U.S.
The USD held onto its gains from the day before and started to raise the eyebrows of investors who may believe the slide in the greenback has almost reached its end. The USD picked up ground against...
Market Updates
GBPJPY Once again we are seeing a tag of the channel lines in the GBPJPY, although prices managed to push through briefly. The channel trade has worked excellently on this pair over the past 6 weeks, although...
EUR – Bond Issues A Concern
Bond markets internationally have been a nervous bunch with the prospects of a Fed intervention and continued turmoil in Europe shadowing bonds in Greece and Portugal. The EUR struggled again on Wednesday and this came with little...
GBP – Will Data Continue To Be Good?
The Sterling did trade slightly lower on Wednesday but maintained a fairly comfortable range. The Nationwide HPI will be released today and is expected to have a result of minus -0.3%. Tomorrow Net Lending to Individuals and...