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Forex Daily Outlook - April 17th 2009

posted by Avatar Yohay 1136 days ago in Daily made popular 1136 days ago

The end of this short forex week includes Swiss Retail Sales, Canada’s CPI and the Prelim UoM Consumer Sentiment. Also note some important speeches. Lets’ see what’s up today. read more
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Euro Falls After Trichet Comments

posted by Avatar FiboFX 1136 days ago in EUR, Fundamental, Daily made popular 1136 days ago

The Euro fell sharply in the Asian session after comments from ECB's Jean-Claude Trichet sparked traders to sell the currency. Although nothing new was said, his comments reinforce market speculation of a rate cut and a possible announcement of u read more
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USDJPY channel test and doji

posted by Avatar piptrain 1136 days ago in JPY, Technical, Daily made popular 1136 days ago

The last several days the USDJPY has drifted lower inside of its upward channel since the beginning of the year. Wednesday price attempted to test the lower channel line, reaching to just within pips of it. read more
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What Type of Trader are You?

posted by Avatar 1DrPips 1136 days ago in Trading Psychology made popular 1136 days ago

As a trader we often ask who we are after we begin trading, when really we should know long before we start. The kind of person you are has an effect on the way you trade. Below is guide to help you find out a few things about yourself and your read more
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Canadian March Existing Home Sales Rise 7 Percent

posted by Avatar emmypiu 1136 days ago in CAD, Housing made popular 1136 days ago

Canadian existing home sales rose in March for a second month, a sign that buyers are responding to low interest rates and home prices, a national realtors’ group said. Sales of existing homes listed on the Canadian Real Estate Association’s Mult read more
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Swiss franc falls to new multi-day lows against yen and doll

posted by Avatar 1136 days ago in USD, JPY, CHF made popular 1136 days ago | admin links

During early European deals on Thursday, the Swiss franc declined to a 16-day low against the Japanese yen and a 3-day low versus the US dollar after a report showed that Switzerland's producer and import prices declined in March. read more
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USD Strengthens To 3-day High Against Euro And Franc

posted by Avatar juanpablo 1136 days ago in USD, EUR, CHF made popular 1136 days ago

Rebounding from an early session's loss, the dollar surged up to a 3-day high against its European and Swiss counterparts in early European deals on Thursday as hopes for a speedy economic recovery receded, pushing investors toward perceived safe read more
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Crude reserve jump expected

posted by Avatar emmypiu 1137 days ago in Oil made popular 1137 days ago

The Energy Department will likely report a 2.5 million-barrel jump in crude oil reserves on Wednesday for the week ended April 10, according to a survey by Platts, the energy information arm of McGraw-Hill Cos. The Energy Information Administrati read more
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US dollar up as equities falter

posted by Avatar forexbaby 1137 days ago in USD made popular 1137 days ago

The U.S. dollar gained a little ground versus major rivals Wednesday, buoyed by further nervousness over earnings by banks and other companies. Asian shares ended mostly lower Wednesday, pulled down by financial stocks and a lack of guidance in U read more
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Yen, Dollar Strengthen on Concern Global Recession Deepening

posted by Avatar andes 1138 days ago in USD, JPY, Fundamental made popular 1137 days ago

The yen and the dollar advanced on concern the global recession is deepening, spurring demand for the relative safety of the two currencies. read more
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Daily FX Trade Update: GBP/USD

posted by Avatar danielsim73 1138 days ago in GBP, Technical, Daily made popular 1137 days ago

Today (06:30 Singapore Time) GBP opened at 1.4846 within the uptrend channel. It trades above opening price Trade Idea: 15/04/09 Base on the channel drawn, short GBP if trade below 1.4743 (below lower band channel), cut loss level at 1.4759 read more
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Oil Volatility Will Keep Killing the Economy in Waves

posted by Avatar emmypiu 1138 days ago in Fundamental, Daily, Oil

What a relief! Shai Agassi understands oil. In this regard, he stands apart from many global CEOs and even many who work in the oil industry. Better still, his company, Better Place, is actually very well positioned to do something about our ener read more