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Sterling Uncertain Versus Other Majors Wednesday Morning
The sterling barely budged versus most other majors currencies Wednesday morning in New York as traders digested a slew of economic data from the UK.
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Gold Extend Gains on Speculation Dollar Rally May Stall
Gold rose for the third straight day on speculation the dollar's rally against the euro may stall, boosting the appeal of the precious metal as an alternative investment. Silver also gained. 5
Greatness in Life and Trading
A while back I wrote several perspectives on achieving greatness as a trader. There are many traders who want to do well, and many who want to make money. Few of us, however, think of ourselves greatly. That, we're told, is boasting. Pride goeth 5
BoJ Says Economic Growth Likely To Remain Sluggish
Wednesday, the Bank of Japan, or BoJ, released its monthly economic assessment report for August. Elsewhere, a report from the Bank of Korea showed that inflation in South Korea will remain at a higher level for a considerable period. 5
Oil Rises Above $116, Goldman Sticks to View
Oil prices rose on Wednesday ahead of U.S. oil data, which was likely to show a drop in gasoline inventories, and as Wall Street heavyweight Goldman Sachs reiterated its view of strong fundamentals. 5
Euro Declines as German Ministry Says Economy Deteriorates
The euro fell against the dollar to near the lowest level in six months as Germany's Economy Ministry said the outlook for Europe's largest economy has deteriorated even beyond the second quarter. 5
Forex Technical Analysis
Forex Technical Analysis 5
GBP/USD Update
As shown on the accompanying GBP/USD daily chart, after flirting with the long-term uptrend support line for almost a week now, price is still consolidating right around this major support line as of Tuesday evening in New York. 
