Click Link to Listen to our Evening DailyFX Radio PodCast: Key Points US Dollar sees Trade the To see a full lineup of key events, be sure to visit our on DailyFX.com To discuss these or any other FX topics with the DailyFX analysts, check out the W
GBPJPY GBPCHF GBPAUD Commentary The GBPJPY structure from 251.10 is part of a big correction. We know this because of all the 3 wave movements. One possibility is that we are in a big A-B-C and that wave C is underway now. Wave C would equal A at 20
Some of the most popular trading strategies in forex markets involve the use of Japanese Candlestick charts. Given a specific pattern in candlestick formations, traders look to buy and sell currencies in anticipation of reversal or continuations in
CHICAGO (AP) -- Jacqueline Thompson has lived in the public housing projects for nearly half a century and can't remember ever seeing this many police officers around before. From her third-floor window, she watches as they routinely pile out of squa
The correlation between the global equities and EURJPY is estimated to be as high as 93 percent. The price action this week confirms that the correlation is very much intact with Dow strength on Monday leading to sharp gains and the corresponding wea
The US dollar continued to recover against major currency counterparts, as deterioration in global risk sentiment encouraged currency traders to cover dollar-short positions. The greenback saw the bulk of its gains through early morning European trad
Trading the News: US Industrial Production What is Expected Time of release: 11/16/2007 14:15 GMT, 09:15 EST Primary Pair Impact : EURUSD Expected: 0.1% Previous: 0.1% How To Trade This Event Risk Over the past three months, we have not traded the U
- Euro: Becoming Overbought? - British Pound Extends Losses Following Retail Sales Numbers Dollar Strengthens But Is This Move Real? The US dollar has strengthened against all of the high yielding currencies today, but have we seen the last of dollar
TALLAHASSEE, Fla. (AP) -- The odds may be getting longer for dog and horse tracks in Florida. An industry already hit heavily in recent decades by competition for the entertainment dollar is worried that a compact signed this week that gives the Semi
The Australian, New Zealand and Canadian dollars are all significantly weaker today due to softer economic data and a sharp sell-off in gold prices. Other than the yellow metal becoming extremely overbought, there was no major behind todays big move.
The British pound extended its losses today following weak retail sales numbers. Consumer spending dropped for the first time in six months during the month of October because of weaker food and clothing sales. Overall, the report highlights the Bank
The Euro is losing steam and is failing to react to stronger economic data or hawkish ECB comments. This suggests that at least in the near term, the Euro is becoming overbought and in order for fresh gains to be achieved, we need to either see a big
NEW YORK (AP) -- The Standard Poor's 500 declined in midday trading on Thursday, weighed down by shares of Newmont Mining Corp., J.C. Penney Co., and Equifax. Newmont, one of the world's largest gold producers, shed $2.28, or 4.5 percent, to $48.92.
BOSTON (Reuters) - General Electric Co (NYSE: - ) sees no impact on fourth quarter or full-year results after some outside investors liquidated their holdings in a fund operated by its money-management arm, a GE spokesman said on Thursday. "This has
The ratio of long to short positions in the GBPUSD stands at -1.34 as nearly 57% of traders are short, according to our execution desk data on the positioning of more than 21.000 retail traders. In detail, long positions are 5.3% higher than yesterd
·Dollar Falls Versus Yen
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
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