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Asian stocks fall for second consecutive day

Wednesday, November 12th 2008   7:40
FXstreet.com (Barcelona) – Asian Stock markets have opened lower on Wednesday, falling to a two week low. on lower oil prices and among spreading concerns over the grim economic outlook.
Tokyo...

Euro, Pound Pull Back in Forex Trading

Tuesday, November 11th 2008   7:19
FX trading with major currenciesYesterday, upon the announcement of the Chinese stimulus package, risk appetite made an appearance and both the U.K. pound and the euro advanced in forex trading...

Australian Dollar - US Dollar Exchange Rate Forecast

Monday, November 3rd 2008   17:02
Australian Dollar - US Dollar Long-Term Technical Forecast I wrote last month that "the initial bearish target is .7265." The AUDUSD fell well below there...

GFT Daily Market Commentary

Thursday, October 30th 2008   22:27
Forex Market Commentary for October 31, 2008 by Cornelius Luca

GFT Daily Market Commentary


The dollar paired losses versus the European currencies and managed to close higher versus...

GFT Daily Market Commentary

Wednesday, October 29th 2008   22:35
Forex Market Commentary for October 30, 2008 by Cornelius Luca

GFT Daily Market Commentary


An early rally in the US indices and ongoing profit taking in FX triggered another massive...

GFT Daily Market Commentary

Tuesday, October 28th 2008   22:26
Forex Market Commentary for October 29, 2008 by Cornelius Luca

GFT Daily Market Commentary


A massive rally in the US indices, signs of thawing of the credit markets and expectations...

GFT Daily Market Commentary

Monday, October 27th 2008   19:05
Forex Market Commentary for October 28, 2008 by Cornelius Luca

GFT Daily Market Commentary


Ongoing rumors/fears of a possible default by large institutional investors/hedge funds...

GFT Daily Market Commentary

Sunday, October 26th 2008   17:47
Forex Market Commentary for October 27, 2008 by Cornelius Luca

GFT Daily Market Commentary


Rumors of a possible default by Russia or of collapse of big Japanese, US or European...

GFT Daily Market Commentary

Sunday, October 26th 2008   17:47
Forex Market Commentary for October 27, 2008 by Cornelius Luca

GFT Daily Market Commentary


Rumors of a possible default by Russia or of collapse of big Japanese, US or European...

GFT Daily Market Commentary

Thursday, October 23rd 2008   21:54
Forex Market Commentary for October 24, 2008 by Cornelius Luca

GFT Daily Market Commentary


Once again, the dollar rallied further on Thursday versus the European currencies and the...

US initial jobless claims increased above expectation in October 18 week

Thursday, October 23rd 2008   12:50
FXstreet.com (Barcelona) – The amount of recently unemployed workers applying for their jobless insurance in the week of October 18 has increased somewhat above expectations, according to the US...

GFT Daily Market Commentary

Tuesday, October 21st 2008   19:13
Forex Market Commentary for October 22, 2008 by Cornelius Luca

GFT Daily Market Commentary


The dollar more than padded its gains today, as it exploded higher versus the European...

GFT Daily Market Commentary

Monday, October 20th 2008   19:33
Forex Market Commentary for October 21, 2008 by Cornelius Luca

GFT Daily Market Commentary


With the stocks up on Monday and Federal Reserve Chairman Bernanke endorsed an additional...

US Conference Board’s Leading Index picks up in September

Monday, October 20th 2008   14:09
FXstreet.com (Barcelona) – The Conference Board’s U.S. Leading Index has posted an unexpected increase in September, after four consecutive declines, according to data released by the private...

GFT Daily Market Commentary

Sunday, October 19th 2008   20:17
Forex Market Commentary for October 20, 2008 by Cornelius Luca

GFT Daily Market Commentary


The stocks were all over the place on Friday and the US data, understandably, remained very...

GFT Daily Market Commentary

Thursday, October 16th 2008   20:54
Forex Market Commentary for October 17, 2008 by Cornelius Luca

GFT Daily Market Commentary


Volatility continued on Thursday and the VIX hit a record high.  The US data remained very...

GFT Daily Market Commentary

Wednesday, October 15th 2008   20:30
Forex Market Commentary for October 16 2008 by Cornelius Luca

GFT Daily Market Commentary


The collapse in the US stock indices that obliterated the large, but fleeting, gains on Monday...

GFT Daily Market Commentary

Tuesday, October 14th 2008   19:46
Forex Market Commentary for October 15, 2008 by Cornelius Luca

GFT Daily Market Commentary


The dollar recovered early losses against the European currencies and surrendered gains...

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...

GFT Daily Market Commentary

Sunday, October 12th 2008   18:07
Forex Market Commentary for October 13, 2008 by Cornelius Luca

GFT Daily Market Commentary


The US stock markets failed an attempt to redress, the commodities remain under pressure and...

Forex Market Commentary for October 11, 2008 by Cornelius Luca

Friday, October 10th 2008   7:56

GFT Daily Market Commentary


The US stock markets are in a free fall, the commodities are crushing and the adversity to risk are taking the carry trades lower. Amid this unprecedented...

Forex Market Commentary for October 6, 2008 by Cornelius Luca

Thursday, October 9th 2008   12:42
GFT Daily Market Commentary

The dollar stabilized after the House voted for the TARP and despite the horrible nonfarm payrolls. The credit markets remain frozen and the dollar is needed for funding...

Forex Market Commentary for October 3, 2008 by Cornelius Luca

Thursday, October 9th 2008   12:47
GFT Daily Market Commentary

The dollar continued its divergent behavior on Thursday, surging against the European currencies and declining versus the yen, as de-leveraging continued.  The euro...

US initial jobless claims, down by 20,000 in Oct 4 week

Thursday, October 9th 2008   12:45
FXstreet.com (Barcelona) – The amount of laid-off workers applying for their unemployment benefit for the first time has decreased in the week of October the 4th in the United States, according to...

GFT Daily Market Commentary

Wednesday, October 8th 2008   22:29
Forex Market Commentary for October 9, 2008 by Cornelius Luca

GFT Daily Market Commentary


The major currencies had a divergent behavior on Wednesday in the wake of unprecedented...


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