Dollar Weakness

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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 […]

EUR Spikes To New High - Hovers $1.6000 Mark

Tuesday, March 18th, 2008

EUR spiked to new highs of 1.5906 yesterday triggering speculation in the forex market and other global financial institutions of the greenback, (dollar, USD) collapse. Is this trend sustainable to the EUR zone economy?
The greenback has been under immense pressure in the last few months.  Since christmas the floor have finally caved in which has […]

GBP/USD & GBP/JPY Trades Clocked +535 Pips On Stearns News

Saturday, March 15th, 2008

Yesterday became my best pips collection day in my years of forex trading. The charts below are self explanatory but many of your emails have requested detailed execution tips which you will find very useful here.
I traded cable, GBP/USD and GBP/JPY yesterday. Both pairs came up trumps. I posted a couple of thoughts yesterday. My […]

USD Slumps Floorlessly On Bear Stearn Woes

Friday, March 14th, 2008

Bear Stearns pulls them all down today. The greenback, USD drops to a record 13 year low. Dollar acquires a new status, that is, parity with the swissy, USD/CHF, swiss franc and loonie, USD/CAN canadian dollar and on equity DOW falls by a further 194 points. What is going on? How will the economy recover? What is […]

Sterling: UK Budget Derails Bounce On Yen - 500+ Pips Slide

Thursday, March 13th, 2008

Sterling-Yen, GBP/JPY - one of the most volatile crosses in the forex trading calendar has seen a huge slide from yesterday’s Asian Market high of 207.98 to 202.96. That was a move of over 500 pips in less than two days trading sessions for forex swing traders.
The bounce off the floor from Tuesday session was derailed […]

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