Forex Crunch US GDP Within Expectations

Forex Crunch US GDP Within Expectations

US GDP Within Expectations

Posted: 29 Oct 2010 05:32 AM PDT

GDP for the third quarter is 2% (annually), within expectations. The immediate reaction is a weaker dollar, as the number is still relatively low – showing that serious QE is needed. This GDP figure is heavily weighed by the members of the FOMC, that will meet next week to decide about the size of the [...]

EUR/USD Oct. 29 – Very Nervous Trading

Posted: 29 Oct 2010 02:40 AM PDT

EUR/USD fell again towards the support line, on a very busy day, that will just get busier. How will it close the week?  Here's a quick update on technicals, fundamentals and community trends. EUR/USD around 1.3830. EUR/USD Technicals Asian session:  EUR/USD held couldn’t climb above 1.3950. Current Range between 1.37 to 1.3830 Further levels in [...]

You Can Now Invest In Forex

Posted: 28 Oct 2010 04:01 PM PDT

Forex is highly associated with trading. Yes, you can benefit when the market goes up or down, but you need to educate yourself and be an active trader. This doesn’t fit everyone. But now, things have changed – you can invest in highly successful forex traders, which were carefully cherry picked. This is Currensee’s Trade [...]

Forex Daily Outlook – October 29 2010

Posted: 28 Oct 2010 03:00 PM PDT

We end the week with some interesting data regarding Advance GDP in the US & in GDP in Canada and more news. Let’s see what awaits us today. In the US, Advance GDP, quarterly date of the inflation-adjusted value of all goods and services produced by the economy is about to rise by 0.4 and [...]

[Video] EUR and GBP direction, QE2 Choppiness and Examining US Figures

Posted: 28 Oct 2010 12:28 PM PDT

Tension towards the FOMC decision continues to rise, and the markets are acting in a very choppy manner. In an interview with Julie Sinha of Forex TV, I spoke about the current state of the markets, focusing on the movements in the Euro and the British pound. Enjoy: The size of Quantitative Easing is the [...]

Trading The News Is A Fools Game

Posted: 28 Oct 2010 05:31 AM PDT

In the world of trading people have devised all types of methods for trying to turn a profit. Some are fundamental traders while others are technical, and some use indicators while others focus on price action. The aforementioned traders make up the majority of traders, but there is another group. A group that some might [...]
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