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Archive for October, 2009

Sterling Moves Lower in Currency Trading

forex trading with the U.K. Pound forex trading with the U.K. pound should consider that the sterling is struggling today. Earlier, the U.S. dollar had moved higher against both the sterling and the euroo in forex trading, but things have changed — at least for the euroo. While the euroo is now making headway against the U.S. [Continue]

Crude Just Shy of August Highs after OPEC Upgrades Demand Forecasts

The active crude futures contract rose to a seven-month high $74.75 through the European session Tuesday before tempering its advance before US liquidity… If you enjoyed this post, make sure you subscribe to my RSS feed! [Continue]

New Zealand Dollar Shows Reversal Characteristics

The EURUSD and AUDUSD continue to probe new highs but there are signs that the NZDUSD is vulnerable. The USDJPY may be forming a base from which to work… If you enjoyed this post, make sure you subscribe to my RSS feed! [Continue]

Defined Trading Levels Makes USD/JPY Attractive For Scalpers

The USDJPY has started to consolidate after failing at the 20-Day SMA which has served as a staunch resistance level for the past few months. The defined… If you enjoyed this post, make sure you subscribe to my RSS feed! [Continue]

EUR/USD: Trading The U.S. Retail Sales Report

U.S. retail sales are forecasted to have fallen by 2.1% in September following last month’s 2.7% gain which was driven by government’s “cash for clunkers”… If you enjoyed this post, make sure you subscribe to my RSS feed! [Continue]

German Investor Confidece Unexpectedly Declines

If you enjoyed this post, make sure you subscribe to my RSS feed! [Continue]

US Dollar Weakness Sends Oil, Metals Higher as Traders Seek Inflation Hedge

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UK Inflation Slows More Than Expected

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Euro Double Top Prospects Intact (Daily Classical)

• Euro could double top • Dollar/Yen bouncing • Cable breaks lower • Dollar/Swiss could double top If you enjoyed this post, make sure you subscribe to my RSS feed! [Continue]

US Dollar Holds Up Despite Asian Stock Gains, UK CPI and German ZEW on Tap (Euro Open)

The US Dollar held its own in overnight trading despite a rally across Asian stock exchanges that would be expected to have weighed on the safety-correlated… If you enjoyed this post, make sure you subscribe to my RSS feed! [Continue]

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