U.S. Dollar Trading (USD) even though FX markets were open the important London markets were closed and many stocks markets remained closed. Better than expected Chinese PMI released on Monday saw December PMI upgraded to 50.3 above the 50 expansion level and has helped improve risk appetite. Looking ahead, FOMC Read More Holiday Monday, Markets [...]
Read More Aussie will Remain Volatile with RBA Rate Decision on Tuesday
Today was a great day for the Cowabunga system as it helped me grab a cool 50 pips off of 2 trades! See how it all went down in today’s Cowabunga Surf Report. 5 Vote(s) Read More Cowabunga System Daily Update Tuesday, 11 08 11
All the latest and must-have information around the key business and economic issues of the day. Read More City Desk Morning Briefing Tuesday August 23, 2011
All the latest and must-have information around the key business and economic issues of the day. Read More City Desk Morning Briefing Tuesday July 19, 2011
Read More Currencies Caught in Whipsaw Tuesday Trade
The USD has come back under some intense pressure this week and key economic releases and event risk on Tuesday will undoubtedly influence price action… Read More Greenback Direction to be Influenced by Tuesday Eco Data and Event Risk
I was lucky, after falling down to pickup my target profit, the price then bouncing up significantly… 7 Vote(s) Read More Heikin Ashi Charts for Tuesday Nov 9
It is as if fundamental factors are working in league with notable technical events to keep US crude under pressure. After an extended holiday weekend, the NYMEX futures exchange opened Tuesday to significant selling pressure. Initially, the morning’s opening decline was a carry through on the equity market’s slide through Friday’s close (which commodities would [...]
Following Monday’s relatively restrained level of activity, crude would find conditions far more interesting today. For the market itself, the commodity would report its biggest daily decline since the February 5th tumble. Read More Volume Recovers along with Bearish Convictions for a Steep Crude Loss Tuesday
Forex Boy