Forex Trading
« Previous EntriesGlobal Currency – Can the Chinese Yuan replace the US Dollar?
Monday, January 4th, 2010The 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?
Dollar Fall Against Yen
Thursday, December 17th, 2009The 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?
GBP Free At Last
Wednesday, December 16th, 2009British 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?”
Choppy Euro Today
Tuesday, November 17th, 2009LONDON: Choppy Euro trading remain today as EURUSD keeps range. But what’s keeping the boil on Traders, EU politicians and central bankers minds ticking is the euro surge.
The single currency is poised on rising higher against a weak U.S. dollar and an undervalued Chinese yuan.
A high-ranking E.U. delegation is now set to travel to China [...]
GBPUSD Today’s Analysis
Friday, July 24th, 2009Today’s GBPUSD play would highly depend on the preliminary quarterly GDP reports today. If this news come in trumps we might see a market reaction pushing for yesterday’s high and possibly 1.6600 mark. But any negative report should set the tone for a possible 1.6330 again.
