Forex Trading

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GBPUSD Falls on Trade Balance

Thursday, May 13th, 2010

Pounds sterling on a free fall again as UK’s trade balance fails market expectation. This further highlighted the forex market apprehension on the UK economy and the pound sterlings.

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UK Budget – Still A Touch And Go

Wednesday, March 24th, 2010

Could today’s budget have been a missed opportunity to kick the economy again? Britain was hoping to see the Government finally taking steps to curb her deficit but only to be given another budgetary hogwash.

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Global Currency – Can the Chinese Yuan replace the US Dollar?

Monday, January 4th, 2010

The issue of global currency has dominated the currency market since the dollar collapsed a year ago. Will China still push the global currency agenda on revived dollar?

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Dollar Fall Against Yen

Thursday, December 17th, 2009

The USD, dollar falls sharply against the yen from 90.25 on overnight trades in Asian/Pacific session. Is this the end of the joy-ride or another consolidation for further push for tops?

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GBP Free At Last

Wednesday, December 16th, 2009

British pound sterling, GBPUSD finally breaks out of range that began in last week Thursday trading session causing a buying frenzy this morning. Is this a move that could cause us all singing, “Free at last, free at last Thank God Almighty, free at last?”

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