There are three sides to every currency: your side, my side
cross currencies that are traded in the Fx marketMany of us know that in the Fx market we can trade with the majors (Those include the currencies traded against the USD), commodities ( those include oil ,gold ,silver and those are traded agai
GBP/USD Testing 200-Day MA Support
The dollar rose against most major currencies on Tuesday. The highest US existing home sales since early 2007 supported the dollar and stock prices despite a downward revision in Q3 2009 US GDP. The S&P 500 gained 3.97 to 1,118.02 as the Santa Cl
Emerging Market Currencies to Decline in 2010
As the market sentiment has shifted towards the end of this year’s trading session, emerging market currencies like the Brazilian real and the South African rand, which ranked among the top performers in currency markets, may witness a decline in
Market Wire Update: Friday Expiration Day
Friday brings the last day of trading in the Options market, as well as being the quarter and half-year expiration. Forex traders will be eying the major pair’s Daily charts, because the 100 and 200 day Simple Moving Averages are in play; these a
Weak consumer data a drag
Markets were pulled in different directions on Friday after a grim U.S. consumer outlook tugged the dollar lower but upbeat comments from big U.S. retailers pushed investors to buy stocks.
Daily Economic Roundup - November 13, 2009
The dollar finally managed to gather strength and retrace some of its losses in yesterday's session. This day could prove to be an important day for risk sentiment as euro zone's GDP report is due. Be prepared and check my daily roundup!
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German Business Confidence Slides
The non-dollar currencies didn’t move much yesterday, the euro (EUR) bumped up and down against the 1.50 figure, while the Aussie dollar (AUD) did the same against 93-cents, and the Swiss franc (CHF) against parity…
Daily Economic Roundup - November 6, 2009
Ah, it's NFP day and we all know what that means: Fireworks! Prepare yourselves men and women of the forex world as this could be the day we find out whether risk appetite is here to stay! Now on to my roundup...
in September next year, gold is expected to reach 1181.30
London Bullion Market Association (LBMA) survey released Tuesday showed, on the price of gold in September next year forecast of the market reached a mean value of 1181.30 U.S. dollars / ounce.In addition, they expect the same period, the pr
Market Hours for Day trading
This is the best market hours for day trading.
Dollar stays up after consumer sentiment gains
The U.S. dollar remained higher on Friday after the University of Michigan/Reuters revised its October reading on consumer sentiment to 70.6, from its previous estimate of 64.4, a little higher than anticipated.


