Forexpros Daily Analysis Dec 28, 2009 Fundamental Analysis: CB Consumer Confidence The CB Consumer Confidence report will be published tomorrow (Dec 29).The Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading...
GBP/USD Open 1.5958 High 1.6021 Low 1.5924 Close 1.5942In December Pound/Dollar consolidated, forming convergence. Last week the Cable undertook continued descending, but the key support at 1.5924 could not be overcome and the British currency corrected upwards....
Last week’s most significant event was the halt of the Dollar’s bullish trend against the Euro. After the EUR/USD pair dropped over 900 pips, it seems that the bearish correction could be limited. The main question now...
EUR/USD Open 1.4373 High 1.4414 Low 1.4235 Close 1.4383Euro/Dollar made a rising effort last week, from the 1.4235 bottom, reaching a peak at 1.4414, where further bullish momentum was limited, closing the week at 1.4383. This fact...
Forexpros Daily Analysis Dec 24, 2009 A New Real Time Interest Rates and Bonds Section Want to know what is happening now with Bonds around the globe?Stay on top of Interest Rates and Bonds with a new...
GBP The British Pound Sterling fell on Wednesday after the release of the Bank of England’s policy meeting minutes were released. The transcripts showed that all nine members of the Bank’s Monetary Policy Committee voted in favor...
Following a disappointing American New Home Sales Report released yesterday, the U.S. Dollar seems to have reversed course in trading against its major counterparts. Both the Euro and Yen made impressive gains against the greenback, which both...
The Dollar continues to strengthen as global economies show signs of bottoming after surviving the financial crisis that has gripped the markets for the last 2 years. The DXY closed yesterday’s session at 78.25. The NZD yielded...
Well hopefully you entered this Short EUR position when the candle appeared below the 50 day MA. If you did then you are ahead 600 pips. The next question is how do I know when to exit...
Forexpros Daily Analysis Dec 23, 2009 Fundamental Analysis: Core Durable Goods Orders Traders await the announcement of the Core Durable Goods Orders tomorrow (Dec. 24).The Core Durable Goods Orders measures the change in the total value of...
