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Cross-Eyeing: EUR/JPY - Trade Adjustment

posted by Avatar joemama 1304 days ago in EUR, JPY, Technical made popular 1303 days ago

My short entry orders were triggered during the morning European trading session and it looks like sellers were ready to jump all in as the pair dropped from 131.00.  read more
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Gold Heads for Biggest Weekly Drop in Over 28 Years on Dolla

posted by Avatar pippinallnite 1310 days ago in USD, Daily, Gold made popular 1307 days ago

Gold headed for its steepest weekly decline in more than a quarter-century in London as the rising dollar and plunging equities curbed investor demand for the precious metal.  read more
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Five Trading Behaviors I'm Seeing Among Traders Making Money

posted by Avatar fxhottie 1310 days ago in Trading Psychology made popular 1307 days ago

As I'm writing this, the ES futures are lock limit down and my email count is off the charts. Lots of fear, not much greed: fear, not only for one's trading, but for retirement savings and the economy. Most of people's money is tied up in some co  read more
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Has the Dollar Topped Out?

posted by Avatar fxhottie 1310 days ago in USD, Oil, Employment made popular 1307 days ago

In the face of Thursday’s 200 point positive and negative swings in the Dow, it could be argued that the US dollar has been relatively stable if you  read more
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U.S. Dollar Gains Against Euro as Equity Futures Reach Limit

posted by Avatar chloegurl 1310 days ago in USD, EUR made popular 1310 days ago

A bout of panic selling has brought an end to equity futures trading on Friday morning and is resulting in broad-based gains for the U.S. dollar, especially against the euro.  read more
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Economy on edge of recession: Bank of Canada

posted by Avatar milkyway 1311 days ago in CAD made popular 1307 days ago

The Bank of Canada says the Canadian economy is on the razor's edge of recession, and a full recovery is dubious and distant.  read more
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Aussie Dollar May Drop 25% on Commodities, CBA Says

posted by Avatar mags23 1312 days ago in AUD made popular 1307 days ago

The Australian dollar, headed for the worst year since a currency peg ended in 1983, may drop a further 25 percent through March as a slowing global economy saps demand for the country's raw materials, according to CBA Europe Ltd.  read more
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Economic Recovery May Be Long Drawn Out Process

posted by Avatar MarcB 1315 days ago in USD, Sentiment, Daily made popular 1314 days ago

Markets are exhibiting extreme volatility, as traders remain uncertain about how macroeconomic conditions will pan out. The Federal Reserve and governmental actions instead of calming the markets served to aggravate fears of a looming recession.  read more
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Yen Falls Against Higher-Yielding Currencies on Bank Rescues

posted by Avatar MarcB 1315 days ago in USD, JPY, Daily made popular 1314 days ago

The yen fell as state-backed bank rescue plans in the U.S., Europe and South Korea helped alleviate a global credit crisis, encouraging investment in higher-yielding currencies.  read more
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Aussie's plunge far from over

posted by Avatar mags23 1315 days ago in AUD made popular 1315 days ago

The Australian dollar will slump 15% in the next five months, according to Commonwealth Bank of Australia, the most bearish of 27 forecasts tracked by Bloomberg, as the US and Europe fall into recession.  read more
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Who is REALLY Considered a Professional Forex Trader?

posted by Avatar thegearedinvestor 1315 days ago in Sentiment, Special, Trading Psychology made popular 1314 days ago

I feel inclined to write articles like this because I feel that the number of successful forex traders who are willing to help are greatly outnumbered by traders or programmers who are just out to make a buck at the expense of others. And as a h  read more
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South Korea to guarantee banks' FX borrowings: media

posted by Avatar juanpablo 1316 days ago in Fundamental made popular 1314 days ago

South Korea's government and ruling party agreed on Sunday to provide local commercial banks with government guarantees on foreign-exchange borrowings from abroad for up to three years, local media reported.  read more