Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your … 32 Vote(s) Read More GBP USD Upside limited at 15845
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Risk-off Trading: Risk aversion to start the week has been filtered through the currency market more so in currencies like the CAD, AUD, and NZD, with the EUR getting some pressure as well. However, the sterling is hanging on. The 1H chart shows 38 Vote(s) Read More GBP USD Hanging on to Bullish Momentum
Posted in FX News | Tagged bullish, gbpusd, hanging, momentum, on, to |
In contrast, comments from Bean, Posen and Weale have suggested that the door remains open to further instalments and RBS UK Economics continue to look for a further GBP 50bn in February. The FOMC Minutes from the September meeting showed that Fed … 33 Vote(s) Read More British pound exchange rate forecasts GBP to gain [...]
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by Fan Yang – FXTimes | View company’s profile The general risk-off trading in the European session, heading into the US session is helping boost the USD. CAD, a commodity currency has been essentially trading on risk as well. The USD/CAD has fell from … 38 Vote(s) Read More USD CAD Staying Above Parity, Respecting [...]
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After a few days of an extremely ranged price action, Usd/Jpy has exploded to the upside, which however does not seem to be the right direction in days ahead, especially after 80 pip reversal seen on day later. Notice also that price action since 42 Vote(s) Read More Usd Jpy Trend Remains Sideways
Posted in FX News | Tagged remains, sideways, trend, usdjpy |
Germany’s foreign minister today lashed out at the United States over criticism the eurozone is not doing enough to solve its economic woes, noting that US debt had also contributed to the current crisis. Read More German foreign minister hits out at US over debt crisis
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EC chief Jose Manuel Barroso has proposed the introduction into European law of “individual responsibility” which would expose financial sector wrong-doers to criminal sanctions. Read More EU chief wants law change to target rogue bankers
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Read More USD CHF Classical Technical Report 1017
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The financial week ahead: results, trading statements and economic data. Read More The financial week ahead October 17, 2011
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Read More USD JPY Classical Technical Report 1017
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