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US New Home Sales decline 11.5% to 460 K in Aug

Thursday, September 25th 2008   14:00
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) – Initial Jobless claims posted a larger than expected increase in the week of September 20, as the effects of hurricanes Ike and Gustav seem to have added claims to the...

US Durable Goods tumble in August

Thursday, September 25th 2008   12:43
FXstreet.com (Barcelona) – Orders for durable goods have declined at a larger than expected extent in August, posting the sharpest drop since January, following three consecutive increases...
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) For more information, read our latest forex news.

Fannie Mae and Freddie Mac: What Next?

Thursday, September 25th 2008   10:00
Unfortunately, the structural weakening (to put it mildly) of Fannie Mae and Freddie Mac has happened so suddenly, and so violently, that there simply isn't time to dwell on the past.

Euro Zone M3 growth slows down in August

Thursday, September 25th 2008   8:12
FXstreet.com (Barcelona) – Euro Area’s M3 growth has slowed down to 8.8% in the last 12 months to August, down from 9.1% in July, according to the latest estimate by the European Central Bank.

EU M3 increased 8.8%year on year in Aug

Thursday, September 25th 2008   8:00
FXstreet.com (Barcelona) For more information, read our latest forex news.

EUR/USD: The Euro is back on the upside

Thursday, September 25th 2008   7:31
FXstreet.com (Barcelona) – The Euro depreciated yesterday to levels around 1.4600 before bouncing back up today, according to the E-Forex Team, resistance levels stand as follows: “Intraday...

Down Under Currencies Rally on Bailout Plan

Thursday, September 25th 2008   7:26
Risk appetite improves as bailout plan moves closer to passageDown under currencies are rallying today in FX trading as a proposed bailout plan moves a little bit closer to acceptance by U.S....

Inflation Focus Helps U.K. Pound in Currency Trading

Thursday, September 25th 2008   7:15
Forex trading with the sterlingThe U.K. pound is getting some help in currency trading on the FX market this morning. In forex trading, the sterling is up on the Bank of England's focus on inflation.

Euro Forex Trading Forecast

Thursday, September 25th 2008   7:05
Euro/dollar expected to continue risingThe euro forex trading forecast is one that is looking better than it has in a while. One of the main reasons is that the U.S. dollar is expected to retain its...
Greenback may still falter in FX trading -- even after the bailoutIt seems pretty obvious that a bailout bill of some kind is going to be passed by Congress, perhaps as early as next week. But will...

U.S. Dollar Retreats in Forex Trading

Thursday, September 25th 2008   6:52
Greenback down in currency trading after Bush speechBy the end of yesterday, the U.S. dollar had edged up a bit in forex trading on the currency market. However, this morning things look a little bit...
FXstreet.com (Barcelona) – Consumer confidence has picked up slightly in October in Germany after four months of continuous decline, supported by falling oil and energy prices, nevertheless, the...
FXstreet.com (Barcelona) For more information, read our latest forex news.

Event Risk for Thursday, 09/25/2008

Wednesday, September 24th 2008   21:23

GFT Daily Market Commentary

Wednesday, September 24th 2008   21:16
Forex Market Commentary for September 25, 2008 by Cornelius Luca

GFT Daily Market Commentary


While the TARP remains under debate, the dollar cannot do much more than consolidate. The...

Japanese Exports Slow As U.S. Demand Plummets

Wednesday, September 24th 2008   19:58
Japanese exports slowed to lows last seen in January 2006 as orders to the U.S. plummeted. August shipments to the North American country fell by -19.1%...

Dollar Lacks Direction As Market Focuses On Testimony

Wednesday, September 24th 2008   19:34
The U.S. dollar had a mixed performance on Wednesday. The greenback was particularly strong against low yielding currencies like the Japanese yen but lost...

High and low yielders alike were relatively unmoved through Wednesday’s session as the market held its collective breath for some resolution on the US...

Euro: Financial Crisis Furthers Euro Zone Recession Fears

Wednesday, September 24th 2008   18:50
Considering the relative strength of the Euro across the market, it seems the currency is finding support from the central bank’s steadfast monetary policy...
Early signs that the Euro may be headed for a reversal against the US dollar have coinceded with our forex trading signals going short the EURUSD pair....

Go Short AUDJPY, Say Forex Automated Trading Signals

Wednesday, September 24th 2008   17:48
Within the last hour our Automated Forex Trading Signals told us to go short AUDJPY using the “Momentum1” strategy. It also set a trailing stop at 91.2804. By...


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