Euro Slumps After Moody’s Warning
The euro dropped today after Moody’s followed Standard & Poor’s as it warned about possible downgrades of the European countries. The shared 17-nation currency fell against the dollar and the yen.
EUR/USD Slips as Italian & Spanish Borrowing Costs Grow
EUR/USD slipped today as costs of Italy’s and Spain’s debt increased.
USD/JPY: Trading the Conference Board Consumer Confidence In
The Conference Board Consumer Confidence Index is based on a monthly survey of about 5,000 households regarding their opinion of the economy. Traders should pay close attention to this release, as it usually a market-mover.Here are all the de
India knocks Japan's doors to arrest fall in rupee
... reports CNBC-TV18's economic policy editor, Siddharth Zarbai. CNBC-TV18 had reported a few weeks back that there are several steps in the offing to battle the sharp fall in the Indian rupee. It is now learnt that an enhanced dollar swap facility ...
Gold Weekly Forecast January 2-6, 2012, Fundamental Analysis
With the year’s trading mostly wrapped up, gold prices fell to the lowest since July last week, as the U.S. dollar strengthened against the euro on mixed signs of stronger economic recovery in the United States, dampening demand for gold as an al
Daily Chart Art - January 2, 2012
Happy New Year pipsters! Start the year right by looking at some dope setups on the majors. Here's to a great 2012! Cheers!
Market factors to watch - Jan 12
... Europe woes > Gold hits 1-month high, breaks ranks with euro ---------------MARKET SNAPSHOT AT 0000 GMT ---------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1292.48 0.03 0.40 USD/JPY 76.86 -0.01 -0.01 US 10YR 1.91 0.20 0.00 SPOT GOLD 1642.19 ...
U.K. Unemployment Rises to Highest Rate in 16 Years as Euro Damps Outlook
UK unemployment rose to the highest in 16 years in the quarter through November, deepening concerns Britain is heading for another recession as turmoil in the euro area damps the global economic outlook. The unemployment rate based on International ...
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How to Stop Losing Forex Trades
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USD/CHF Double Bottom Versus Expanded Flat Scenarios
By Fan Yang After breaking above 0.9262 resistance, USD/CHF failed to extend beyond 0.93. From 0.93, the market slid to 0.9082, just below the previous consolidation support of 0.9088. Here we are seeing a bullish divergence. And even though the second ...
AUD Falls on RBA Minutes, Pares Losses on Fundamentals
The Australian dollar sank after the minutes of the last central bank’s monetary policy meeting indicated that policy makers are ready to ease the policy further. Currently, the Aussie is attempting to reverse the losses on positive economic repo


