Forex Crunch GBP/USD Breaks Higher on Strong Manufacturing

Forex Crunch GBP/USD Breaks Higher on Strong Manufacturing

GBP/USD Breaks Higher on Strong Manufacturing

Posted: 01 Feb 2011 01:34 AM PST

Britain’s manufacturing sector is safeguarding the economy. Manufacturing PMI is a huge surprise – 62 points. This strong figure exceeded expectations and sends GBP/USD above 1.6110. The move continues. Britain’s manufacturing PMI was expected to score 58 points, slightly lower than last month’s 58.3, which also came out better than expected. The whopping surprise of

EUR/USD Feb 1. Trying to Break Higher

Posted: 01 Feb 2011 01:13 AM PST

EUR/USD is trying to break out of the tight high range, and move even higher, as Egypt faces a critical day. Will we see EUR/USD break higher? Or will this attempt fail again?  Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Traded between 1.37 to 1.3760 and failed to

Forex Daily Outlook – February 1 2011

Posted: 31 Jan 2011 02:00 PM PST

Very interesting events coming up today, Halifax & Nationwide HPI in the UK, ISM Manufacturing PMI in the US and much more .Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM), Manufacturing Purchasing Managers’ Index (PMI); Survey of about 400 purchasing managers to rate the relative level of business

AUD/USD Feb.01–Aussie Higher Against US Dollar Monday

Posted: 31 Jan 2011 12:24 PM PST

The Aussie was up against the US Dollar Monday with the Greenback lower against other currencies due to easing concerns over the violent unrest in Egypt and speculation over an increase in near term European interest rates. The Aussie was trading at 0.9959 up 0.26%, as of this writing. Is the Egyptian unrest cause for

Easy How To: Use Hedging With Binary Options

Posted: 31 Jan 2011 05:57 AM PST

Many subtle aspects of Binary Options often go unnoticed by Binary Option traders. The most interesting perhaps is that there are many ways to trade Binary Options in a manner that reduces risk. One of these is hedging. The principle is simple: Strengthen your position if you are right and hedge it if you are
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