A new blog site that offers a lot of forex material and news, please visit and say what you think which might improve it.
| Home | My Account | Directories |
Forex Weekly Trading Forecast - 09.27.10
Published on 2010-09-25 03:55:00
US Dollar at Risk of Declines as Fed Hints at Fresh Quantitative Easing Fundamental Outlook for US Dollar: Bullish - US Federal Reserve hints at further Quantitative Easing, Sinks US Dollar - Home Sales data remains near record-lows, bodes poorly for economic outlook - Positioning and signs of reversal nonetheless warn of potential US Dollar recovery The US Dollar finished sharply lower against all major forex counterparts on a week of mediocre economic data and a noteworthy shift in rhetoric
EUR to Benefit from American and Japanese Bank Moves?
Published on 2010-09-24 02:56:00
With rising fears about additional monetary easing by the Federal Reserve, speculators have begun to exit many of their USD positions in favor of higher yielding assets. Bank intervention in Japan also has many investors weary of entering yen positions in the near future, but poor fundamentals out of Europe have traders just as concerned about their investments in the euro zone, but have the added benefit of less government tinkering. The EUR's best bet for the moment could be to lie low and rea
Dollar Declines to 5-Month Low Against the EUR
Published on 2010-09-23 09:12:00
The US dollar traded near a five-month low versus the EUR before a U.S. report today that may show existing home sales are close to a 10-year low, adding to signs the world's largest economy is struggling to recover.USD - US Dollar Extends Losses The US dollar fell against most of the major currencies on Wednesday, a day after the Federal Reserve said it was ready to take further action to boost the U.S. economy and fend off any deflationary threats. As a result, the dollar fell to its lowest le
