Forex Crunch EUR/USD Nov. 25 – Licking the Wounds

Forex Crunch EUR/USD Nov. 25 – Licking the Wounds

EUR/USD Nov. 25 – Licking the Wounds

Posted: 24 Nov 2010 11:39 PM PST

EUR/USD is unable to recover after the blows it received this week, and is trading in a narrow range on low ground. Thanksgiving in the US and more headlines in Europe could mean action later on. Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar around 1.33 EUR/USD Technicals Asian session:  EUR/USD stabilized [...]

Forex Daily Outlook – November 25 2010

Posted: 24 Nov 2010 02:00 PM PST

Inflation Report Hearings in the UK and much more are the highlights event .Let's see what awaits us today.  In Great Britain, Inflation Report Hearings, Bank of England (BOE) Monetary Policy Committee (MPC) members vote on where to set the natio

Fundamental Overview Market Movers Last Week 11/22/2010

Posted: 24 Nov 2010 11:56 AM PST

The U.S. Dollar continued trading higher against most of the major currencies last week, with the exception of the New Zealand Dollar which gained a rather modest+0.6 percent against the Greenback. The previous week's rumors of an impending defa

[Video] Euro troubles, Thanksgiving trading, US jobs and more

Posted: 24 Nov 2010 10:00 AM PST

The Euro managed to bounce off lows, but this seems as a small correction after the big fall. In an interview on Forex TV, I spoke with Julie Sinha about fresh troubles in Europe, the impact of these news on trading conditions during Thanksgiving, th

Spanish Bond Auction Delayed – Contagion Hits

Posted: 24 Nov 2010 09:03 AM PST

The Spanish power company Iberdrola delayed a planned bond auction worth 13.5 billion euros due to the terrible market conditions. Iberdrola is owned by the government, so this can be easily seen distrust for the Spanish sovereign. And the Irish trou

AUD/USD Nov. 24 – Bouncing At Resistance

Posted: 24 Nov 2010 07:06 AM PST

AUD/USD manged to recover after reaching low support and bounced off resistance. Will it managed to break higher or does this bounce mean more falls on this busy day? Here's a quick update on technicals, fundamentals and community trends. A

Jobless Claims’ Outstanding Drop – Important Sign for NFP

Posted: 24 Nov 2010 05:35 AM PST

US jobless claims fell to a deep low - 407K, far better than 440K that was expected and the lowest level in a very long time. This continues the trend of lower numbers and a lower moving average seen lately. The figure was overshadowed by a weak d
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