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Forex Market Conditions Improve - Is the Worst Over?

Wednesday, September 24th 2008   16:55
Forex market conditions in the Euro/US Dollar currency pair are much improved on the week, and a positive change in trading conditions for the euro suggests...

Forex Technicals: The Day Ahead, September 25

Wednesday, September 24th 2008   16:35
Underlying sentiment along with technical considerations favor dollar strength from here. Risk is clearly defined.
Volatility and risk sentiment remain high as dollar traders await a resolution on US plans to stabilize the financial markets.

Guest Speaker Andrew Spantons Technical Wrapup 09.24.08

Wednesday, September 24th 2008   16:20

Dollars Future Dims As Financial Crisis, Rate Cut Fears Linger

Wednesday, September 24th 2008   15:51
The worst of the financial crisis seems to have passed; but uncertainty over the markets’ health and the long-term implications to growth are still weighing...
The U.S. dollar remains very volatile against the world’s most heavily traded currencies on speculation the U.S. Congress will fail to approve a $700bn...

British Pound Crosses: Bullish Potential from Current Levels

Wednesday, September 24th 2008   15:07
The British pound crosses, particularly the GBPNZD, are likely to work higher from near current levels. Risk on the GBPNZD is about 600 pips but the bullish...

US EIA Crude Oil Stocks decline by 1.5M barrels in Sep 19 week

Wednesday, September 24th 2008   14:36
FXstreet.com (Barcelona) For more information, read our latest forex news.

Korean Won Continues to Slide

Wednesday, September 24th 2008   14:23
This week, the Korean Won continued its downward slide, as a new round of volatility in global capital markets crimped a slight rally that had begun to build in the previous week. The currency has...
FXstreet.com (Barcelona) – Existing home sales have posted a larger than expected decline in August, reversing gains posted on the previous month, weighed by tighter mortgage credit activity...
FXstreet.com (Barcelona) For more information, read our latest forex news.

EURUSD Short Term Trend Changing?

Wednesday, September 24th 2008   13:50
The EURUSD drop from 1.4746 presents a very short term bearish opportunity against that level. Resistance should be strong in the 1.4690-1.47 zone. A drop...

Second Round Of Joint Economic Committee Testimony Begins

Wednesday, September 24th 2008   13:30
After Fed Chairman Ben Bernanke delivered his prepared statements and answered a long string of question this morning before the Joint Economic Committe,...

Forex Market Liquidity Improves - What Happens Next?

Wednesday, September 24th 2008   11:38
Forex market conditions are very much improved on the week, with average interbank bid/ask spreads on the Euro/US dollar currency pair falling sharply...

US MBA Mortgage Applications decrease by 10.6% in Sep 19 week

Wednesday, September 24th 2008   11:03
FXstreet.com (Barcelona) For more information, read our latest forex news.

USD/CHF: The Dollar is gaining ground

Wednesday, September 24th 2008   10:55
FXstreet.com (Barcelona) – The Dollar is constantly gaining ground against the Swiss Franc and the Swiss e Trade Strategy Team, advances some further climbing: “The dollar constantly gained...
FXstreet.com (Barcelona) – Retail sales volume has contracted in September for third consecutive month, although not as much as expected, and less than in August, nevertheless, sales expectations...
FXstreet.com (Barcelona) For more information, read our latest forex news.

New Zealand Dollar Technical Outlook

Wednesday, September 24th 2008   9:12
To repeat from yesterday…“the NZDUSD may be nearing the end of a 3 wave movement from the low. While this could be the first leg in a triangle or flat,...

A Rebound In Housing Fades Even Before The Financial Crisis

Wednesday, September 24th 2008   9:10
Already steeped in its worst recession since WWII, the housing market is likely to worsen before it improves. In the New York session, the National Association...

Australian Dollar Technical Outlook

Wednesday, September 24th 2008   9:09
Having reached former support, the B wave could be complete at .8275. However, B waves are rarely this clean.

Euro Zone’s current account deficit narrowed in July

Wednesday, September 24th 2008   8:27
FXstreet.com (Barcelona) – The current account balance of the Euro Area has reduced considerably its deficit in July due to considerable improvements on services and income transfers, according to...
FXstreet.com (Barcelona) – Business conditions seem to continue deteriorating in Germany in September, compared to August, according to the latest report by the IFO institute for economic...
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) For more information, read our latest forex news.


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