S&P Cuts Japan’s Credit Ratings; Yen Falls in Response

by Forexyard.com | January 28, 2011 6:52 am
Yesterday’s most significant economic news was clearly the S&P’s announcement that Japan’s credit ratings will be downgraded from AA- to AA. The Japanese yen saw sharp falls against all the major currencies in response. In addition, disappointing...

Daily FX Market Outlook by AceTrader 28-1-2011

by AceTraderfx.com | January 28, 2011 12:45 am
Market Review – 27/01/2011 23:25 GMT Yen tumbles across the board as S&P cuts Japanese debt rating The Japanese yen sank against its counterparts on Thursday as the credit ratings agency Standard & Poor lowered Japan’s debt...

Further Bearish Movement Expected for USD Today

by Forexyard.com | January 27, 2011 6:45 am
The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch of data is expected to show declines in the production, employment and home...

Daily FX Market Outlook by AceTrader 27-1-2011

by AceTraderfx.com | January 27, 2011 12:59 am
Market Review – 26/01/2011 23:38 GMT Euro trades near fresh two-month high as Fed gives less upbeat U.S. outlook The single currency climbed to a fresh 2-month high of 1.3723 against the dollar in European morning on...

Forex-Metal Daily Analysis -26/01/2011

by Forex-Metal.com | January 26, 2011 11:11 am
Risk appetite is suppressed. Asian and European trading sessions: Euro: On Tuesday the EUR/USD pair traded at the $1,3690 level during the Asian trading session. Minimums were reached at the $1.3578 mark. British Pound: Today the sterling...

Poor British GDP Data Causes Drop in GBP Values

by Forexyard.com | January 26, 2011 8:39 am
After a 0.5% decline in the quarterly Prelim GDP report from the UK, the pound experienced a strong bearish session, falling greatly against all of its currency counterparts. The news trickled into European trading by holding the...

Recent Recommended Trades by AceTrader

by AceTraderfx.com | January 26, 2011 8:11 am
Update Time: 26 Jan 2011 07:31GMT INTRA-DAY GBP/USD OUTLOOK – +1.5780+ Despite cable’s brief bounce to 1.5838, current retreat after faltering below 1.5839 (prev. sup, now res) suggests recovery fm y’day’s low of 1.5750has possibly ended there...

GBP/JPY Outlook

by c2fx.com | January 26, 2011 5:42 am
Greetings. Just wanted to do a quick update on the GBP/JPY. We mentioned how Fibonacci retracement levels are important and look just where the currency is straddling – the 38.2% Fibo level.

Daily FX Market Outlook by AceTrader 26-1-2011

by AceTraderfx.com | January 26, 2011 1:04 am
Market Review – 25/01/2011 23:04 GMT Sterling tumbles after a shock contraction in the UK economy The British pound tumbled from Asian high of 1.6018 to 1.5750 after the release of much weaker-than-expected U.K. Q4 GDP data...