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Chart of the Day - 10/31/2008 - EUR/USD
Price action on the EUR/USD daily chart, as shown, has clearly been rejected at the resistance imposed by a key 38.2% Fibonacci retracement level and an important prior support/resistance level around the 1.3250-1.3300 region
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AUD/JPY - Comeback of the Carry Trade?
As shown on the accompanying AUD/JPY daily chart, price has been making a major rebound from the extreme depths of just a few days ago 5
FOMC Rate Cut to 1.00% As Expected
The FOMC decision was to cut rates by 50 basis point to 1.00%, which was widely expected by market participants and priced in accordingly prior to the announcement 5
The Yen Carry Trade
Following is a link to an article I wrote for Forbes.com that came out on Tuesday, 10/28/2008. This is especially relevant now with the impending Japanese yen intervention: 5
Chart of the Day - 10/29/2008 - GBP/USD
Price action on GBP/USD, a daily chart of which is shown, has rebounded in a major way for the last couple of days. Among other catalysts of this rebound, traders’ expectations of potential dollar weakening as a result of an expected FOMC rate cu 5
Dollar Weakness - Euro Strength
With the widely expected U.S. Fed rate decision impending, trader expectations 5
Chart of the Day - 10/28/2008 - USD/JPY
After a remarkable plunge last week in the USD/JPY, a daily chart of which is shown, price action has finally made a major rebound during overnight trading as of Tuesday morning in New York 6
USD/JPY - Major Rebound
As of early Tuesday morning (10/28/2008) in New York, USD/JPY (a daily chart of which is shown) rebounded in a major way during Asian trading, purportedly due to reports of potential yen intervention and a rebound in the Nikkei Index 
