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Has Risk-Appetite Returned? Stocks Surge Most Since Nov.

U.S. stocks surged by the most since late November after Citigroup’s Chief Executive Officer Vikram Pandit stated that his bank would be having the best…

Pound Plunges An Economy Grinds To A Halt While Financial Crisis Hangs Over All Markets (Forex Video)

EURGBP maintains its rally after ECB officials suggest rate cuts should stall at 1.00 percent and UK housing and factory activity plunge to record lows….

US Dollar, Japanese Yen End Day Lower as Bernanke Optimism, Citigroup Report Boost Risk Appetite

- British Pound Remains a Laggard as UK Industrial Output Hits 28-Year Low – Euro Tests 1.28, Tumbles Lower as ECB’s Weber Signals Further Rate Cuts -…

Forex Wrapup 03.10.09

A Clear EURAUD Range Must Manage High Volatility and Building Breakout Pressure

There have been few ranges over the past few months that have been as explicit as the one EURAUD has been carving. However, strong technical congestion…

EURUSD Higher Highs and Higher Lows

Since the EURUSD low on 3/4 at 1.2456, the pair has made higher highs and higher lows. While this is the simplest of observations, it warns of a trend…

Euro Once Again Failing on Attempts Above 20-Day SMA (Daily Classical)

Euro rallies stall out yet again above 20-Day SMA. Dollar/Yen showing potential for hourly head & shoulders top. Cable eyeing retest of 1.3500 trend lows….

US Equities Surge into London Fix (Midday Snapshot)

Trend of the Day: USD/JPY

Failing to close below the 98.00 area, USD/JPY looks poised to take on the psychological significant 100.00 handle this week.

Forex Market Update: GBP/USD Unable to Sustain Asian Gains

Cable was unable to sustain Asian gains, with GBP-USD bolstered by the short-squeeze in the EUR this session, rising from early Tokyo levels of 1.3790…