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Sterling closing at 1.5010

Fxstreet.com (Jakarta) - The Sterling (GBP) was poised below 1.500 most of the day until surging US stocks encouraged the market to break above late in the US session. The BOE meet on Thursday although the market is expecting no change to the 0.5% rate. ?Any change in the scope of Quantitative easing could still be quite a market moving event,? said Easy Forex Team. Overall the GBP/USD traded with a low of 1.4834 and a high of 1.5037 before

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Forexnewsmarket.com 2/23/2009 News

ForexNewsMarket.com - 24/5 Trading Strategies, Market News & Analysis2/23/2009 Forex NewsDemand for Crude Oil to Drop Within The Next Few MonthsInternational demand for crude oil has seen a drastic drop the past 6 months and prices have followed. Despite efforts by producers to decrease supply in order to stabilize the market and a small rise

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Forex News Blog

I have just launched my very first blog (http://forex-news-help.blogspot.com/) and it's about Forex market, but it will also bring news from other business branches. One of the first posts is about the new and exciting me2everyone webpage/search which is just about to launch. If you are interested about it visit my blog and learn more, maybe ev

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Forexnewsmarket.com 2/16/2009 News

ForexNewsMarket.com - 24/5 Market News, Analysis & Trading Strategies2/16/2009 Forex NewsDemand for Crude Oil to Drop Within The Next Few MonthsInternational demand for crude oil has seen a drastic drop the past 6 months and prices have followed. Despite efforts by producers to decrease supply in order to stabilize the market and a small rise

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Forexnewsmarket.com 3/13/2009 News

ForexNewsMarket.com - 24/5 Trading Strategies, Market News & Analysis3/13/2009 NewsStock Market Gains 3 Consecutive DaysStocks rose for three consecutive days for the first time since January on positive economic reports and rises in retail sales. The Dow rose 3.5% or 240 points on Thursday, the third day of the rally.If stocks continue to show

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Comment On Forex - 24th Of July

Hello,I have not enough time today to make a complete analysis of the market.I just give you some idea:EURUSD is near a support (20 weeks moving average) if it breaks the downtrend should continue until 1.5500 and 1.5400[attachment=2124:eurusd.png]AUDUSD 100pips more in the downtrend and reverse?[attachment=2125:aud_usd.png]GBPJPY near the end of t

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Sept 25th - Fed's Bernanke Testifies, Initial Jobless Claims, New Home Sales

The forex market is calm. Many news today in the Forex calendar:12:30 GMT: Durable Goods Orders. The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable produ

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Dollar Swiss Market View

Markets for January 20, 2009 by James Whyte In the news: Today’s U.S markets were closed in observance of the U.S holiday; Martin Luther King, Jr. Most of the focus is on tomorrow's presidential inauguration, where president elect Barack Obama will be sworn into presidency. Overnight we did see that Asian and European markets ended the day m

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When Market Goes Sideways

I am developing a trading statergy predominantly based on EMA crossover. However, when the market goes sideways, my strategy falls apart and I am loosing out. What indicators will show that markets is moving sideways so that I can not enter a trade?

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Forex - Forex market is mixed ahead of US presidential election

The Dollar tends to gain as risk aversion rises because dollar-based investors repatriate money or look for safety in U.S. Treasury debt. US factory activity plunged to a 26-year low last month boosted US and global recession fears. Analyst said the US manufacturing data, an $11bio capital injection in South Korea, an interest rate cut in Indi

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