Forex Crunch GBP/USD Temporarily Recovers on Drop in Unemployment

GBP/USD Temporarily Recovers on Drop in Unemployment
AUD/USD Nov. 17 – Struggling on Low Support
EUR/USD Nov. 17 – Approaching Important Support
Fundamental Overview – Market Movers Last Week – 11/15/2010
Forex Daily Outlook – November 17 2010
Austria Says No To Greece – Euro Vulnerable

GBP/USD Temporarily Recovers on Drop in Unemployment

Posted: 17 Nov 2010 01:43 AM PST

An unexpected drop in unemployment helps the British pound recover after suffering earlier this week. No change was seen in the unemployment rate and in the MPC meeting minutes. GBP/USD broke minor resistance and is approaching a bigger barrier. Claimant Count Change, which measures the number of people claiming for unemployment benefits, fell by 3700 [...]

AUD/USD Nov. 17 – Struggling on Low Support

Posted: 17 Nov 2010 12:56 AM PST

AUD/USD lost ground and is now at lower support, after receiving economic data that was inline with expectations. It still has room towards a more important support line. Here's a quick update on technicals, fundamentals and community trends.

EUR/USD Nov. 17 – Approaching Important Support

Posted: 17 Nov 2010 12:11 AM PST

EUR/USD lost another cushion on the way down, as both Irish and Greek problems become contagious. Can it bounce here, or will the downfall continue? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar u

Fundamental Overview – Market Movers Last Week – 11/15/2010

Posted: 16 Nov 2010 02:47 PM PST

The U.S. Dollar shot up against all the major currencies last week on renewed risk aversion due to the unstable debt situation of the financially weaker members of the European Union, with rumors about a pending Irish default swirling around the mark

Forex Daily Outlook – November 17 2010

Posted: 16 Nov 2010 02:00 PM PST

Building Permits, Core CPI in the US & Claimant Count Change in the UK are only a few of the important events on today's hectic outlook. .Let's see what awaits us today. In the US, Consumer Price Index (CPI), price of goods and services purcha

Austria Says No To Greece – Euro Vulnerable

Posted: 16 Nov 2010 06:46 AM PST

Austria refuses to transfer its portion in the bailout package to Greece. Why? Greece didn't meet the conditions it made to the EU about cutting its deficit. No austerity - no payment. As simple as that. Add a refusal from Finland to aid Ireland, and