Archive for April, 2008

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GBP/USD, GBP/JPY, EUR/GBP - Low Risks Opportunities Today

Friday, April 25th, 2008

Across board, the pounds sterling, faired well against other currencies, GBP/USD, GBP/JPY and even the grand old lady, EUR/GPB. All presented low risks opportunities today. From the blast of the bell this morning the pound shot out like a man who stole.
Right from the Euro-session start, there were shared bullish sentiments about the pound sterling.

The GDP [...]

EUR Declines On Morning Trades

Thursday, April 24th, 2008

Is this the first sign of the EUR crack in an overbought and overpriced currency? For two consecutive sessions running, it seems the EUR  is experiencing two consecutive days of decline.
After the Asian session this morning, the European session opened tentatively with the German Ifo Business Climate Index Report lurking at 8am GMT.
The report fell short of expectation as indicated [...]

Oil Prices Pause Within Sight of 120 Dollars

Thursday, April 24th, 2008

This was an interesting article I found researching for my Thursday trades today on Yahoo News. Futures speculators have been having a field-day amid housing market troubles.
SINGAPORE (AFP) - World oil prices paused within sight of the 120-dollar level on Thursday after a mixed report on US energy stockpiles, dealers said.
In Asian afternoon trading, New [...]

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