Category Archives: forex

CNBC Interview: Outlook for Euro

August 2, 2010 I was on CNBC Squawk Box this morning talking about the outlook for the euro. Boris and I did a Double Take today with me on the 7:30 and him on the 6:30. Here’s my clip. Enjoy! … Continue reading

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Confluence on USDCHF! – Trade Closed

Trade Closed: 2010-08-01 22:30 And I thought I was going to get a win! My trade was going so well at first, with price touching my entry price and bouncing upwards. Sadly, that move was short-lived, as price immediately dropped … Continue reading

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Technical Summary for Majors

Home :: Technical :: Analysis Reports :: Technical Summary for Majors Tue, Aug 3 2010, 13:40 GMTby Slobodan Drvenica Windsor Brokers Ltd  |  View company’s profile EUR/USD Has met and exceeded the 38.2% retrace of the 1.5141-1.1876 fall at … Continue reading

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USD CHF Continues to Slide Lower

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading forex on margin carries a high level … Continue reading

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Currency Majors Technical Perspective

Home :: Technical :: Analysis Reports :: Currency Majors Technical Perspective Tue, Aug 3 2010, 13:28 GMTby Valeria Bednarik Forexstreet.com Independent Analyst Team  |  View company’s profile EUR/USD Current price: 1.3232 View Live Chart for the EUR/USD Consolidating recent … Continue reading

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London Session

Home :: Technical :: Market View :: Market Session Recaps Tue, Aug 3 2010, 13:23 GMTby forex.com Research Desk forex.com  |  View company’s profile The USD has taken a pummelling this morning. The USD index has … Continue reading

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Forex: GBP/USD eases from 1.5970 high

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading forex on margin carries a high level … Continue reading

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South Korean Won Climbs on Record Reserves

The South Korean won strengthened today, reaching the highest level in more than two months after the nation’s foreign-exchange reserves climbed to the record level. The nation’s reserves jumped to $285.96 billion in July from $274.22 billion in the month earlier. The reserves were boosted by the gains of the euro and the pound. The government announced that … Continue reading

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Kiwi Strengthens on Positive Data from Asia

The New Zealand dollar strengthened today as the signs of improving global economy and the accelerating economic growth in Asia, particularly in China, causes the speculation that the demand for the currency will rise. The MSCI Asia Pacific Index of shares climbed 0.6 percent. China demonstrated the stable economic growth, bolstering the kiwi as China is … Continue reading

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Pound Rises as UK Economy Grows

The Great Britain pound strengthened today against the US currency to the highest level in almost six months as the economic data showed that Britain’s economy expanded faster than the analysts anticipated. The gross domestic product increased 1.1 percent in the second quarter of 2010, compared with the increase of 0.3 percent in the previous … Continue reading

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