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Euro Falls Versus USD, Yen Before Ministers Meet on Greece

posted by Avatar fxhottie 377 days ago in EUR, Fundamental, Daily made popular 377 days ago

The euro fell against the dollar and yen for a second day on concern European finance ministers may fail to quell speculation about Greece’s debt restructuring. read more
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Downtrend Retracement Play on Cable?

posted by Avatar fxhottie 381 days ago in USD, GBP, Technical made popular 381 days ago

Good evening! What a day for Cable as the quarterly inflation report, sovereign debt worries, and commodity sell off brought extra action to the markets. Has the risk sentiment changed direction? It might and a Fib setup may be the best way to pl read more
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Daily Forex Fundamentals - May 12, 2011

posted by Avatar keiragabe 381 days ago in Fundamental, Daily made popular 381 days ago

Tada! How d'ya like the brand-spankin'-new title of my everyday commentary? Don't worry, it's still a daily economic roundup, but loads better! Check out what else is new right here! read more
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Euro Falls as Greece’s Rating Cut Renews Debt Concerns

posted by Avatar fxhottie 383 days ago in EUR, Fundamental, Daily made popular 383 days ago

The euro fell toward a six-week low against the yen after Standard & Poor’s cut Greece’s credit rating, renewing concern the region’s debt crisis is escalating. read more
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Australian Dollar Is Near Record High Before Central Bank Policy Meeting

posted by Avatar HousingMarket 390 days ago in AUD made popular 390 days ago

The thing that will be most looked at is the RBA statement and how hawkish it is, said Derek Mumford, a Sydney- based director at Rochford Capital, a foreign exchange and interest-rate risk management firm. The US dollar is still very weak and ... read more
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Get the 411 on the GDP Reports from U.K., U.S., and Canada!

posted by Avatar fxhottie 390 days ago in USD, GBP, CAD made popular 390 days ago

If you took your time away from the charts last week to wait in line to get your new white iPhone 4, boy did you miss out a lot on the GDP reports! But don't worry, Forex Gump is here to fill you in on the details! read more
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Gain Takes Over Deutsche Bank's Retail Forex Biz

posted by Avatar EJSuratos 391 days ago in Special made popular 390 days ago

Extra! Extra! Read all about it! Deutsche Bank gets out of the retail forex business, but it wasn't their ex-partner, FXCM, that got their accounts as it seems Gain was able to give DB a sweeter deal. Talk about an upset! read more
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Broken Resistance-Turned-Support on Cable?

posted by Avatar fxhottie 395 days ago in USD, GBP, Technical made popular 395 days ago

Interesting setup on Cable today as we just saw preliminary UK Q1 GDP come inline with expectations at 0.5%. This is better than the previous quarter contraction of -0.5%, pushing up Cable above yesterday's highs (1.6533). Is this broken high now read more
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Spain Sells 3.4 Billion Euros of Treasury Bonds at Auction

posted by Avatar fxhottie 396 days ago in EUR, Fundamental, Daily

Spain sold 3.4 billion euros ($4.9 billion) of bonds and demand rose even as its borrowing costs increased amid expectations Greece may restructure its debt. read more
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Intraday Short Idea on EUR/JPY

posted by Avatar fxhottie 396 days ago in EUR, JPY, Technical made popular 396 days ago

Good morning Forex friends! For my "Pick of the Day," I have an intraday short idea on EUR/JPY. This is based mostly on technicals, with a splash of risk sentiment throw in on the side...check it! read more
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EUR Gains Despite Sovereign Debt Worries, GBP Knocked Back

posted by Avatar FXTimes 396 days ago in EUR, Fundamental, Sentiment made popular 396 days ago

With the market back to full strength after the Easter holiday, we see a return to USD weakness in the EUR/USD pair as traders head into the FOMC meeting with their bets that the EUR/USD will rise further after Bernanke and co. deliver a slow as read more
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3 Reasons Why The EU/IMF Won't Let Greece Default...Yet

posted by Avatar fxhottie 397 days ago in EUR, Fundamental, Daily made popular 397 days ago

It's the talk of the Forex town. Economic gurus the world over, including yours truly, have warned you about the inevitable: a Greek debt default. But I'm a man who believes that there are always two sides to every story. read more