Forex Crunch GBP/USD Trading Lower After Trade Balance, Rate Decision

Forex Crunch GBP/USD Trading Lower After Trade Balance, Rate Decision


GBP/USD Trading Lower After Trade Balance, Rate Decision

Posted: 09 Dec 2010 03:14 AM PST

British trade balce came out worse than expected, and the rate decision brought no news – except that yet again, the bankers couldn’t agree on a joint statement – the pound is pounded. Update. British trade balance came out weaker than expected – a deficit of 8.5 billion pounds instead of 8.1 billion that was [...]

EUR/USD Dec. 9 – Upwards Attempt Shattered

Posted: 09 Dec 2010 01:07 AM PST

EUR/USD rose to a higher range, in a hesitant and fragile move that has been erased by now. We finally get important US data today. Will the Euro collapse or move forward?  Here's a quick update on technicals, fundamentals and community trends.

AUD/USD Breaks Higher on Good Jobs Report

Posted: 08 Dec 2010 06:22 PM PST

The Australian economy is looking good - the jobs report was far better than expected, sending the Aussie higher, above resistance. Update for this strong currency. Australian employment change rose by 54,600, much higher than 21,3000 that was

Forex Daily Outlook – December 9 2010

Posted: 08 Dec 2010 02:00 PM PST

Unemployment Claims in the US, Official Bank Rate and MPC Rate Statement in the UK are some of the events. Let's see what awaits us today. In the US, Unemployment Claims, is about to reduce by 9K from the last week. Important signal of overall eco

AUD/USD – Falling in Range

Posted: 08 Dec 2010 08:00 AM PST

AUD/USD continues to lose ground after bouncing short of parity, but is still in the same range.  Will it stabilize or continue dropping? Here's a quick update on technicals, fundamentals and community trends. AUD to USD dropping towar

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