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Japanese Yen At Turning Point With Poor GDP Data Due

posted by Avatar AnnJ 14 hours ago in JPY, Economic Indicators made popular 14 hours ago

The last intervention came when the USD/JPY hit 75.63. In terms of scheduled event risk this week, one piece of data pops out that is important to longer-term trends in Yen-based pairs. Typically, especially over the past few months, Japanese economic ... read more
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Wheat Falls as Growin Stockpiles Counter Damage from Weather

posted by Avatar commodityblog 20 hours ago in Fundamental, Daily, Agriculture made popular 19 hours ago

Wheat was falling for the second trading session today on signs that there will be enough stockpiles to counter damage that adverse weather has done to supplies. read more
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Top 4 Cases When You Should Sit on the Sidelines

posted by Avatar EJSuratos 20 hours ago in Trading Psychology made popular 19 hours ago

It is said that patience is a virtue, but does this adage also apply to the fast-paced world of forex trading? Here are four scenarios wherein it might be better to patiently wait on the sidelines instead of jumping in a trade. read more
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GBP/USD Forecast February 10, 2012, Technical Analysis

posted by Avatar FXEmpire 1 day 14 minutes ago in USD, GBP, Technical made popular 1 day 4 minutes ago

GBP/USD rose slightly for the Thursday session after first behaving very strongly. In fact, the resulting candle is a shooting star, and shows weakness going forward. The 1.58 level just below it is support however, so this could simply be the st read more
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European market weakness hits Boliden

posted by Avatar yaymenow 1 day 1 hour 22 minutes ago in USD, EUR, Commodities made popular 1 day 51 minutes ago

"The European metals market weakened ... during the period and base metal prices were, on average, lower in both USD (US dollars) and SEK (Swedish crowns) than in the preceding quarter," the company said. The company, which also produces gold, ... read more
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ForexLive European Morning Wrap

posted by Avatar ejc 1 day 3 hours ago in Fundamental, Daily made popular 1 day 2 hours 20 minutes ago

A rather dull morning with the EUR/USD coming under some pressure ahead of the Greek vote this weekend, but the move lower largely seen as squaring, although some fund selling was reported. read more
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How To Take Profits From Your Forex Trades

posted by Avatar Nial-Fuller 1 day 4 hours ago in Trading Psychology made popular 1 day 2 hours 3 minutes ago

How To Take Profits From Your Forex Trades read more
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EUR/USD Bottom Now Behind Us - BNP Paribas

posted by Avatar sbx 1 day 5 hours ago in USD, EUR, Fundamental made popular 1 day 3 hours ago

(Dow Jones via eFXnews)EUR/USD bottom now behind us, says BNP Paribas, which has a long-standing end-2Q forecast for the pair of 1.35 and an end-3Q forecast of 1.40.

"Our call for 2012 is very strongly that EUR/USD will likely ....... read more
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USD/CHF Forecast February 10, 2012, Technical Analysis

posted by Avatar techiegirl 1 day 5 hours ago in USD, EUR, CAD, AUD, Commodities made popular 1 day 3 hours ago

The USD/CHF pair fell on Thursday as the Dollar continues to get hit overall. However, the later hours of the session saw a bit of a bounce in this pair, and the dollar as a whole got a bit of a reprieve. The resulting candle for the session was a ... read more
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EU Morning Report - Greece agrees on further austerity

posted by Avatar forexpromos 1 day 7 hours ago in EUR, Daily made popular 1 day 6 hours ago

The euro produced moderate gains against its major counterparts after Greek political leaders reached an agreement on additional fiscal reforms. read more
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BoE Ramps Up Printing Presses £50bn More

posted by Avatar PureFX 1 day 7 hours ago in Fundamental, Sentiment, Daily made popular 1 day 4 hours ago

In a signal the Bank o England still considers the UK economy in dire straits, it has ramped up its quantitative easing program £50bn. read more
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Euro/USD Daily Outlook –February 10

posted by Avatar lchammer 1 day 8 hours ago in USD, EUR, Fundamental made popular 1 day 6 hours ago

The Euro only slightly rose yesterday, despite the announcement of the ECB to keep rate unchanged and Greece's approval of the austerity plan needed to receive the recent rescue funds. There are many financial news on today's agenda including Ame read more