Forex Crunch Forex Weekly Outlook – December 20-24

Forex Crunch Forex Weekly Outlook – December 20-24

Forex Weekly Outlook – December 20-24

Posted: 18 Dec 2010 01:00 AM PST

American Core Durable Goods Orders US weekly Unemployment Claims and New Home Sales are the major events on the verge of the Holiday Season. Here is an outlook on the market movers this week. Last week FOMC indicated that improvement in economic conditions will not deter them from infusing the proposed $600 billion of bonds [...]

Forex Articles for the Weekend – December 18

Posted: 17 Dec 2010 02:00 PM PST

After a volatile week of forex trading, the markets are now closed and it’s time to sit back and enjoy some wider scoped articles, just before the holiday arrive. Enjoy: Macro Man speaks his mind about the rating agencies, such as Moody’s that rocked the Euro this week. Trading NRG discusses the possibility of a [...]

EUR/USD Lost Support – Going for Weak Close

Posted: 17 Dec 2010 08:32 AM PST

EUR/USD is now trading at the lowest level in two weeks, diving below a strong support. The Irish downgrade is the main driver, but not the only one. EUR/USD is now at 1.3134, after it lost the 1.3180 support line with a sharp fall. This happened together with the significant downgrade of Ireland by Moody’s. [...]
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