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Sterling Falls On BoE, Offsetting Coalition Relief

posted by Avatar erzon 745 days ago in EUR, GBP, Inflation

Sterling fell and gilts rallied on Wednesday after the Bank of England’s UK inflation report was seen as more dovish than expected, offsetting a relief rally in the pound after a UK coalition government took shape. British inflation will fall bel  read more
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Oil prices advance

posted by Avatar erzon 745 days ago in USD, Oil made popular 745 days ago

World oil prices advanced on Wednesday as traders digested a eurozone bailout plan and the IEA’s energy demand outlook, before the US government’s weekly energy report.
New York’s main contract, light sweet crude for June delivery, rose 30 cents  read more
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Australia March home loans skid to 9-year low

posted by Avatar erzon 746 days ago in AUD, Housing made popular 746 days ago

Australian demand for loans to buy houses sank to nine-year lows in March, providing further evidence that rising interest rates and a roll back in government cash handouts were hurting the mood of home buyers.  read more
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Euro falls on doubts over aid package

posted by Avatar erzon 746 days ago in EUR made popular 746 days ago

The euro fell on Tuesday with the fading of a relief rally triggered by a $1 trillion rescue package aimed at stabilising the eurozone’s sovereign debt, as markets refocused their attention on Europe’s debt problems.  read more
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How to Trade Moving Averages Like a Pro

posted by Avatar erzon 749 days ago in Special, Trading Psychology made popular 749 days ago

The basics of trading with moving averages in two lessons for active day traders and investors in the stock market, futures market, and forex markets.  read more
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US Dollar is the new Tulip

posted by Avatar erzon 749 days ago in USD made popular 749 days ago

In 1593, a botanist named Carolus Clusius introduced the tulip plant to Holland, after bringing it back from a trip to (what is now) Turkey. The Dutch people first became enamored, and then obsessed with tulips – and the value of tulips soared in  read more
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How to Trade Nonfarm Payroll (NFP) Changes

posted by Avatar erzon 750 days ago in USD, Employment made popular 749 days ago

Foreign Exchange Trading live video on US Nonfarm Payroll January 8 2010 (01/08/10). Watch how I analyze the currency market prior to the release and how I issue trading signals that resulted in 80 pips of gain in less than 30 minutes after the N  read more
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US gold coin sales surge as investors flee risk

posted by Avatar erzon 750 days ago in USD, Gold made popular 750 days ago

U.S. gold coin sales surged this week as the anxiety over a euro-zone debt crisis spilled over into the United States and as Thursday's sudden Wall Street collapse shook investors.  read more
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USD/JPY: CB Bid Surfaces Below 91.80

posted by Avatar erzon 750 days ago in USD, JPY

Traders report a central bank has put in a bid around the 91.80, helping slow the latest slide. Traders blame the drop on heavy EUR/JPY sales out of Paris…EUR/JPY is down to 116.45. EUR/USD to 1.2680.  read more
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Euro rebounds sharply to mid-117 yen in Tokyo on buybacks

posted by Avatar erzon 751 days ago in EUR, JPY

The euro rebounded sharply to the mid-117 yen level on Friday morning in Tokyo on buybacks after sinking to an eight-year- and-five-month low in the mid-110 yen level in New York overnight due to growing fears about the Greek debt crisis.  read more
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4 Currency ETFs for Hedging a Reversing Dollar

posted by Avatar erzon 755 days ago in USD, JPY, Inflation made popular 755 days ago

The US dollar has been on a tear lately – but let’s not lose sight of what that means. Relative to other currencies, the dollar has been rising. But, then, that’s sort of like damning with faint praise. The Brazilian real is declining, the Chines  read more
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EUR/USD: Buy The Rumour, Sell The Fact

posted by Avatar erzon 755 days ago in USD, EUR made popular 755 days ago

The short term market was long heading into the weekend, comfortable in the knowledge that a Greek bailout package would arrive. Now that it has, and there was no appreciable rally, those longs are exiting. I believe the bids around present 1.327  read more