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Economic Data Preview: German ZEW Survey

Monday, October 13th 2008   22:32
Germany’s ZEW Survey is expected to see investor sentiment take a turn for the worse in October after seeing improvement over the past two months. The...

Australia Unveils A$10.4 Billion Rescue Plan

Monday, October 13th 2008   21:08
This afternoon, Australian Prime Minister Kevin Rudd unveiled an A$10.4 billion ($7.4 billion) stimulus plan aimed towards the public. With $A4.8 billion...

GFT Daily Market Commentary

Monday, October 13th 2008   20:50
Forex Market Commentary for October 14, 2008 by Cornelius Luca

GFT Daily Market Commentary


Holiday or not, Monday was a big day in the financial markets.  In an aggressive move...

Roughly two hours ago our Forex Automated Trading Signals bought the Japanese Yen against the Euro and Australian Dollar using the Momentum1 system on...

The Forex Facebook

Monday, October 13th 2008   18:42
Today marked the official launch of Tip'd, a new website which combines news, social networking, and investing. The site enables users to upload news stories which fit into several categories of...
Within the last 10 minutes it was revealed that the Treasury department announced plans to invest $25 billion each in JP Morgan, Citi, and Bank of America....

Forex Wrapup 10.13.08

Monday, October 13th 2008   18:16

An improvement in investor sentiment proved to be to the detriment of the US dollar, which slumped more than 1 percent against the euro and British pound,...

Japanese Yen Hit Hard as Volatility Cools

Monday, October 13th 2008   17:52
A decline in volatility led the Japanese yen fell versus the majors on Monday, dropping more than 1 percent versus the greenback and Swissie and plunging...
The euro and British pound rebounded when trading resumed on Sunday, as the European Central Bank, Bank of England and Swiss National Bank said they were...
An improvement in investor sentiment proved to be to the detriment of the US dollar, which slumped more than 1 percent against the euro and British pound,...
Forex traders sell off US dollar, Japanese yen as demand for risky assets surge and volatility cools. British pound and Euro face event risk on Tuesday...

An Intro To Fibonacci Retracements

Monday, October 13th 2008   17:15

Forex Technicals: The Day Ahead, October 14

Monday, October 13th 2008   17:04
Favor dollar weakness from here (allowing for small corrections) as wild pessimism towards foreign currencies (except the Yen) has run its course for now.
The US Dow Jones Industrials Average posted its best single-day performance since 1933, and the clear boost in risk sentiment sent the Australian dollar...

EURUSD Bullish Reversal

Monday, October 13th 2008   15:05
The EURUSD rally from 1.3258 is in 5 waves, indicating that the trend has turned up. There is potential support from Fibonacci at 1.3420 if needed. The...

COT Indicators Turn From Sentiment Extremes

Monday, October 13th 2008   14:12
COT positioning has turned from extreme levels. This is usually indicative of a significant reversal in price.
Risk appetite seems to be on the rebound and the currency markets are recovering from sharp rallies across the board through consolidation. Often times,...

Overnight Interest Rate Update 10.13.08

Monday, October 13th 2008   12:37
Overnight Libor Rates (17:35 GMT) Current Friday (17:00 GMT) USD Mkt Close 2.46875 EUR 3.77500 3.89250 GBP 5.60000 5.81250 JPY 1.03375 1.02125 CHF 4.00000...
USD/CAD drops in currency tradingThe Canadian has been at relatively recent lows in FX trading against the U.S. dollar lately as worries of a slowing global economy weigh on commodity currencies....

U.K. Pound Bids for Recovery in Currency Trading

Monday, October 13th 2008   11:16
Sterling gains against dollar in forex tradingThe U.K. pound is making a dramatic bid for a recovery in currency trading on the FX market today, as it surges to the largest advance it has had in...

U.S. Dollar Forex Trading Forecast

Monday, October 13th 2008   10:33
Is recent dollar rally over in currency trading?Over the last couple of weeks, the dollar has been seeing a rally in currency trading. Now, however, the U.S. dollar forex trading forecast is in doubt...

Japanese Yen Gains in Currency Trading

Monday, October 13th 2008   10:06
Forex trading with the yenRight now the Japanese yen is gaining in currency trading on the FX market. With a little bit of uncertainty remaining, even after plans by many governments to shore up...

Euro Gets Boost in Forex Trading from bank Guarantees

Monday, October 13th 2008   9:38
Euro/dollar gains in currency tradingThe euro has gotten a boost in forex trading on the currency market this morning. For the most part, the boost to euro/dollar in currency trading comes on the...
FXstreet.com (Barcelona) For more information, read our latest forex news.


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