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A near 800-point reversal from the Japanese yen last week says more about the state of volatility going forward for the currency than its actual direction....
The Euro was able to reclaim some of its losses against the benchmark dollar last week; but was this a genuine trend change or a mere bounce? That question...
Panic, which has driven volatility and positioning through much of October, has eased its strangle hold on the market – for now. While liquidity fears...

Canadian Dollar Shows Signs of Life vs US Dollar

Friday, October 31st 2008   19:46
The Canadian Dollar hit fresh four-year lows against the US Dollar, but a significant recovery suggests that the Canadian currency could yet hold its ground...
The British Pound finished modestly higher against the US Dollar through the end of week trade, but its failure at key support raises questions as to the...

Forex Trading Weekly Forecast - 11.03.08

Friday, October 31st 2008   19:33
US Dollar Forecast Depends On Risk Sentiment, NFPs Likely To Disappoint Euro's Future Dependent On The Dovish Pace The ECB Sets Next Week Japanese Yen...
When it comes to the US dollar, one thing is clear: risk trends are dominating price action, not fundamentals.

Japanese Yen Shrugs Off Rate Cut - Intervention Risk?

Friday, October 31st 2008   18:25
Forex carry trades slumped on Friday, as the Japanese yen ultimately ignored the Bank of Japan’s 20bp rate cut as the currency rallied over 2 [percent...
The British pound continues to slump toward 1.60 amidst demand for dollars and in anticipation of the Bank of England’s monetary policy decision next week....
After plunging at the start of the European trading session, EUR/USD did little but consolidate above support at 1.2682/90. While the pair may eventually...
US economic data may have been broadly disappointing, but that didn’t prevent the US dollar from gaining across the majors as relative fundamentals continue...

Timing Trades With Oscillators

Friday, October 31st 2008   18:16
The secret to timing your trades is to use Moving Averages to align market forces with price action. When both are aligned, your chances of success are...
- Euro Consolidates Above 1.37 - Will the European Central Bank (ECB) Cut Rates Next Week? - British Pound Faces Gloomy Outlook, Bank of England (BOE)...

High Volatility Adds A Sense Of Danger To GBPAUD Range

Friday, October 31st 2008   17:56
Over the past three weeks, GBPAUD has cut a very stable and wide range. What’s more, the pair closed the week just as the bottom of the recent congestion...
FXstreet.com (Barcelona) – Consumer sentiment Index has posted in October the largest monthly decline since records are taken, according to the latest report by the University of Michigan.
In...

US Chicago PMI plunges in October

Friday, October 31st 2008   13:58
FXstreet.com (Barcelona) – Economic activity in the Chicago Area has contracted sharply in October after a strong reading in September, according to data released by Kingsbury International.
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) – Fears of the economic slowdown have translated into a decline on the US consumer spending in September while savings increase, according to data released by the US...

Canadian GDP declines in August

Friday, October 31st 2008   12:41
FXstreet.com (Barcelona) – As widely expected, Canadian Gross Domestic Product has declined in August, reversing partially the increase obtained in July, according to data released by Statistics...
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) For more information, read our latest forex news.

Overnight Interest Rate Update 10.31.08

Friday, October 31st 2008   12:15
Overnight Libor Rates (17:15GMT) Current Tuesday(17:30 GMT) USD 0.40625* 0.73125 EUR 3.55375 3.53375 GBP 4.62500 4.73750 JPY 0.57500 0.73875 CHF 1.51667...
FXstreet.com (Barcelona) – Swiss GDP growth is prone to register a considerable slowdown over the next quarters, as the forward looking KOF barometer continues declining, and at a fast pace...


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