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Bad Week for Loonie in Spite of Some Good News

posted by Avatar commodityblog 7 days ago in USD, CAD, Fundamental made popular 7 days ago

The Canadian dollar had a pretty bad week as talks about the European debt crisis plagued the Forex market, driving traders away from riskier commodity currencies. read more
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Market Pulse: Weekly report for 21-25 May 2012, Moses

posted by Avatar MattMcKelly 7 days ago in all made popular 7 days ago

In the meanwhile USD Index met its first objective at 81.75 and reversed sharply to 81.02 driven by EUR/USD rally from 1.2640 to 1.28. This validates our stance that rupee weakness is driven by strong dollar against global currencies and it would need ... read more
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ForexLive: EUR/USD Ending on the Positive Side of the Fence

posted by Avatar ejc 8 days ago in EUR, Technical, Daily made popular 8 days ago

The EURUSD is closing the week on the positive side of the fence. On the chart above the price moved higher on (I guess) comments from EU leaders (Monti/Hollande). The power of some well chosen words can do wonders on a Friday afternoon....more. read more
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Submission: Trade of the Week for May 21 to 25, 2012

posted by Avatar EJSuratos 8 days ago in Weekly, Special made popular 8 days ago

Before we go our separate ways for the weekend, let's come together one last time to share trade ideas with our fellow traders. Let the next Trade of the Week contest begin! read more
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Advocating Patience, Top Gurus Undaunted by Red Week

posted by Avatar eToro 8 days ago in EUR, Fundamental, Daily made popular 8 days ago

Over the past week, quite a few OpenBook traders and even a few gurus were caught on the wrong side of a trade or when the crisis in the Eurozone escalated well beyond investors’ comfort zone. The Euro trended lower and refused to retrace, much t read more
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Daily Forex Fundamentals - May 18, 2012

posted by Avatar EJSuratos 8 days ago in Fundamental, Daily

Are the dollar bulls running out of steam? It sure looks like it as the dollar index yesterday formed a doji! Let's see how the market will end the trading week today! read more
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ForexLive: The GBP/USD Wanders Back Down

posted by Avatar ejc 8 days ago in GBP, Technical, Daily made popular 8 days ago

The GBPUSD moved above the 100 and 200 day MA at 1.5826/1.5822 but could no sustain the momentum. The price was trying to hold above the 100 bar MA but that level has given way on the 5 minute chart (see above)....more. read more
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Europe's Depressing Prospects

posted by Avatar eman021283 8 days ago in EUR made popular 8 days ago

In both cases the real cost of debt must increase substantially in the former case because high German inflation will force up euro interest rates so that Spain's refinancing cost will exceed its domestic growth rate, and in the latter case because ... read more
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Daily Report: EUR/USD, GBP/USD, USD/JPY And USD/CAD

posted by Avatar moneymatters 8 days ago in USD, EUR

The British Pound remained weak against the US Dollar on reports issued the previous day by the Bank of England. These revealed that the bank revised down the growth predictions and warned of the challenges the UK's economy faces due to the crisis in ... read more
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Clueless in Brussels

posted by Avatar forextrader2011 9 days ago in Daily made popular 8 days ago

Bears In Ascendancy | Greek Deposit Contagion | Slowing Gold Demand | Fed On Heightened QE Alert read more
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12 Surprising Reasons Why Pro Forex Traders Make Money

posted by Avatar Nial-Fuller 9 days ago in Trading Psychology made popular 8 days ago

12 Surprising Reasons Why Pro Forex Traders Make Money read more
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NZ On Air releases original pitch for show that became The GC

posted by Avatar piphole 9 days ago in NZD made popular 8 days ago

$425000 AUD will buy you a house on the Gold Coast with 4 bedrooms, 2 bathrooms, spa, outdoor swimming pool, out door area, separate dining and family areas and double garage. $465000 NZD buys a 3 bedroom, 2 bathroom (one en suite), double garage ... read more