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Japan Jun Tokyo Condominium Sales (YoY) improves (59.5)% from May 01
July 15, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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Forex: GBP/JPY bounces back to 134.70
July 15, 2010FXstreet.com (Córdoba) – The Pound is regaining some ground against the Japanese Yen. GBP/JPY started Thursday moving down and reached an intraday low at the 134.30 zone for second consecutive day. The pair bounced from the support zone and rose around 50 pips in the last couple of hours after news of Chinese economy cooling. [...]
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Australia New Motor Vehicle Sales (YoY) declines to 8.2% in Jun from 16.4%
July 15, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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Australias New Motor Vehicle Sales (MoM) improves to -1.2% in June vs -3.2% in May
July 15, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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Australia Consumer Inflation Expectation declines to 3.3% in Jul from 3.4%
July 15, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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New Zealand Business NZ PMI up to 56.2 in June from 54 in May
July 14, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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U.K. Pound Moves Higher Against the U.S. Dollar
July 2, 2010Sterling in currency trading The U.K. pound is moving higher against the U.S. dollar in forex trading on the currency market. The pound is seeing some support from European markets and a higher FTSE 100. Concerns about British debt are being dismissed to a certain degree as Moody’s insists that the country’s financial strength is [...]
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Euro in wait-and-see mode
May 29, 2010The Euro remains in a vulnerable position with a lot of economic and environmental factors affecting Europe, Asia, and US markets. One Euro is currently worth $1.2313 in mid-day Asia currency trade. The significant debt crisis affecting European economies including Greece, Spain, and Portugal, has impacted the Euro the most in the last few weeks. [...]
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Risk Rally in Forex Trading
May 27, 2010U.S. dollar falls as forex traders look for higher yields Yesterday, financial markets plummeted on the news that China might begin selling off European debt. However, Beijing has denied those rumors. As a result, the euro is being propped up in forex trading, and a risk rally is well underway. The U.S. dollar is heading [...]
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Australia Apr RBA Foreign Exchange Transaction declines to 350M vs 892M
May 20, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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Australia Feb Average Weekly Wages (QoQ) down to 1.1% vs 2%
May 20, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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Australia Average Weekly Wages (YoY) up to 5.9% in Feb from 3.7%
May 20, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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Australia: Consumer Inflation Expectation (May): 3.6% vs 4.1%
May 20, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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AUD/NZD approaching support at 1.2400
May 20, 2010FXstreet.com (Barcelona) – AUD/NZD is targeting the bottom side of its daily range in Asia. After a closing price at 1.2492, the Kiwi opened crawling lower to test key support area at 1.2404 (new low in 2 weeks). A docile rebound from lows sent the pair to currently stay at 1.2420 area. The pair has [...]
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Japan 1Q Gross Domestic Product Annualized rises to 4.9% vs 4.2%
May 20, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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Japan 1Q Gross Domestic Product Deflator (YoY) falls to -3% vs -2.8%
May 19, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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Japan Gross Domestic Product (QoQ) up to 1.2% in 1Q from 0.9%
May 19, 2010FXstreet.com (Barcelona) For more information, read our latest forex news.
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U.S. Jobless Claims Drop for Another Week
April 29, 2010High beta currencies get a boost in forex trading Today, the news is that U.S. jobless claims have dropped for the second week in a row. The news is helping the U.S. stock market head for a higher open today, and helping high beta currencies as risk appetite makes an appearance. Indeed, with the good [...]
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Handling News with an Open Position
March 31, 2010Why do we need to worry about news announcements when we already have a position, and we already have our stop and profit target in place? We worry about this because a major news announcement can move the market a great deal. Handling News with an Open Position
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The Good News About Forex Automated Trading
August 27, 2008I’ve received positive and negative feedback from a lot of you who have experienced forex automation. I don’t want to talk about the bad news quite yet. So what’s the good? Unfortunately, the good news mostly involves available API’s for developing your system and brokers that support automation. I haven’t heard of [...]