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Further Increase in Libor Rates

posted by Avatar traderplanet 159 days ago in USD, EUR, JPY

The Euro held support in the 1.30 region against the US dollar on Friday and pushed to highs around 1.3080 as stop-loss selling was triggered following a move above 1.3050. It was again unable to sustain the gains and dipped back towards the 1.30  read more
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Forex Weekly Outlook

posted by Avatar traderplanet 159 days ago in USD, GBP, CAD made popular 159 days ago

A detailed look at the week ahead including a review of the main currency, equity and commodity futures and how they will affect trading in the Forex market.  read more
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Further Doubts Surrounding Last Week’s EU Summit

posted by Avatar traderplanet 164 days ago in USD, EUR, JPY made popular 164 days ago

The Euro edged higher ahead of the US open on Tuesday, but was unable to move much above the 1.32 level and was then subjected to renewed selling pressure as it dipped to an 11-month low against the dollar.  read more
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Trades for December 14, 2011

posted by Avatar traderplanet 164 days ago in USD, CAD, Technical

Trades for today are in the ProShare Ultra Short Oil & Gas -DUG and in the Forex market the usa/cad curency pair.  read more
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Forex Weekly Outlook

posted by Avatar traderplanet 173 days ago in USD, GBP, CAD made popular 173 days ago

A complete look at the week ahead including a review of the main currency, equity and commodity futures and how they will effect trading in the Forex market.  read more
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Sharp Decline in Bond Yields

posted by Avatar traderplanet 173 days ago in USD, EUR, JPY

The Euro maintained a firm tone ahead of the US payroll data on Friday with a challenge on resistance levels above 1.35. There were fresh reports that the ECB and potentially other European central banks would provide up to EUR200bn in loans to t  read more
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German Consumer Confidence Rose for December

posted by Avatar traderplanet 179 days ago in USD, EUR, JPY made popular 179 days ago

The Euro maintained a firm tone in European trading on Monday as risk appetite also continued to recover with equity markets rebounding from two weeks of consecutive daily declines.  read more
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Money-Market Tensions Remained Extremely High

posted by Avatar traderplanet 180 days ago in USD, EUR, JPY

The Euro was unable to make headway ahead of the US open on Friday and dipped to support levels in the 1.3220 area as fear remained the dominant influence. There was another very weak auction of Italian debt with the yield on six-month bonds push  read more
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Forex Weekly Outlook

posted by Avatar traderplanet 180 days ago in USD, EUR, CAD made popular 180 days ago

A complete look at the week ahead including a review of crude oil, natural gas, gold, silver and the main currency futures that will effect trading in the Forex market.  read more
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Trades for November 16, 2011

posted by Avatar traderplanet 192 days ago in USD, CAD, NZD made popular 192 days ago

Trades for today are in the usa/cad and nzd/usa currency pairs in the Forex market.  read more
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Further Stresses Within the Banking Sector

posted by Avatar traderplanet 192 days ago in USD, EUR, JPY

The Euro was subjected to renewed selling pressure on Tuesday. The GDP data was broadly in line with expectations with a 0.2% expansion for the Euro area as a whole as France and Germany managed a solid expansion  read more
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Fundamental Lack of Confidence Surrounding the Euro Area

posted by Avatar traderplanet 194 days ago in USD, EUR, JPY made popular 194 days ago

The Euro found support below 1.36 against the dollar on Friday and was generally stronger during the day as immediate fears surrounding Italy eased. The Italian Senate approved the government's austerity packaged, paving the way for a lower house  read more