Forex Crunch Forex Weekly Outlook – October 11-15

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• Forex Weekly Outlook – October 11-15
• Forex Links for the Weekend – October 9
• 6 Reasons Why EUR/USD Is Vulnerable
• Government Layoffs Send Dollar Down

Forex Weekly Outlook – October 11-15 Posted: 09 Oct 2010 02:05 AM PDT With inflation, retail sales, an appearance by Ben Bernanke and many more events, this week will be exciting. Here’s an outlook for the major market-moving events that will shape forex trading. IMF meetings are held during the weekend. This time, the high tensions between countries on currency values make the statements from these meeting very [...]

Forex Links for the Weekend – October 9 Posted: 08 Oct 2010 03:00 PM PDT After an exciting week that ended with the Non-Farm Payrolls, the markets are closed now, and it’s time to sit back and enjoy some long term articles about different aspects of the world of forex. Enjoy: Adam Kritzer analyzes the ongoing war and marks the winners and losers. I see one big loser – Europe. [...]

6 Reasons Why EUR/USD Is Vulnerable Posted: 08 Oct 2010 06:00 AM PDT Despite the weak US jobs report, EUR/USD has lost some of its charm. Uptrend support is at risk, the chance for another round of QE is not that certain anymore, the failure to break higher and more, all make it vulnerable. Here goes: Uptrend support is at risk – EUR/USD fell towards this strong line [...]

Government Layoffs Send Dollar Down Posted: 08 Oct 2010 05:35 AM PDT The US job market lost 95,000 jobs. This terrible figure was at the bottom end of economists’ forecast. This is mostly the government’s job. The unemployment rate made a very modest positive surprise by hitting 9.6% instead of 9.7%. Dollar falls across the board: EUR/USD is now at 1.3980, 100 pips higher than before the [...]

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