Forex Crunch Euro Rises, But Stuck Under Resistance

Forex Crunch Euro Rises, But Stuck Under Resistance

Euro Rises, But Stuck Under Resistance

Posted: 03 Dec 2010 04:45 AM PST

EUR/USD is struggling with a minor resistance line, riding on drops in troubled countries’ bonds (especially Spain) and a better than expected retail sales figure. . Update. The yields on Spain’s 10 year government bonds are falling for a third day in a row and they are now at 4.99%, just under the round number [...]

Canadian Unemployment Rate Drops – USD/CAD Bounces at Parity

Posted: 03 Dec 2010 04:03 AM PST

Employment change showed a gain of only 15,200 jobs , lower than 20,200 that was predicted. The Canadian unemployment rate unexpectedly dropped from 7.9% to 7.6%. A big surprise. It was expected to remain unchanged.  USD/CAD is rising. While the

Non-Farm Payrolls Looking Good?

Posted: 03 Dec 2010 02:00 AM PST

Most of the recent evidence about the US economy point to a good Non-Farm Payrolls number on Friday - a big gain in jobs that could boost the US dollar, but this heavily depends on the atmosphere before the release. NFP Preview. The most importa

EUR/USD Dec. 3 – Showing Strength Ahead of NFP

Posted: 03 Dec 2010 01:42 AM PST

EUR/USD manages to trade in higher levels after Trichet's maneuver and is awaiting to rock on the Non-Farm Payrolls. Will it continue higher, or was this just a temporary recovery ? Here's a quick update on technicals, fundamentals and community

FXStreet Rolls Out Improved Design

Posted: 03 Dec 2010 01:34 AM PST

FXStreet, one of the largest forex portals has a new and improved design which makes the site easier to navigate. In addition, another important change has been made - the site loads very fast now. The navigation bar on the top of the page lo

AUD/USD Dec. 3 – Impressive Strength

Posted: 03 Dec 2010 12:58 AM PST

AUD/USD is moving forward. After winning the battle with the critical line, it marched forward and broker another one. Parity isn't that far. Will it march forward today, as the US Non-Farm Payrolls are released? Here's a quick update on technicals

Ed Ponsi: Forex Cannot Be Ignored

Posted: 02 Dec 2010 11:18 PM PST

Ed Ponsi and Joseph Trevisani spoke on Forex TV about the successful FXCM IPO. Ponsi says that FXCM moved to the agency model  rather than the principal (market maker) model, and that more forex brokers will go this way. In the interview with Julie

Forex Daily Outlook – December 3 2010

Posted: 02 Dec 2010 02:00 PM PST

US and Canada Employment data and US ISM Non-Manufacturing PMI are the main market movers closing another trading week. Let's see what awaits us today. In the US, Unemployment Rate, total work force that is unemployed and actively seeking employme

[Video] NFP to Determine Trading To Year End

Posted: 02 Dec 2010 10:22 AM PST

Michael Woolfolk of Bank of NY Mellon spoke with Julie Sinha on Forex TV about the roller coaster in the EUR/USD, the recent positive US figures, and the importance of Non-Farm Payrolls to forex trading in the month left until the end of the year. En

Currensee Trade Leaders On Varengold Bank FX

Posted: 02 Dec 2010 08:37 AM PST

Varengold Bank FX, a German investment bank, now enables its clients to access Currensee's trade leaders. Forex traders  will be able to allocate money and automatically follow the trade leaders, riding on their success. It will be interesting to
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