Forex

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GBP/JPY Relinquish Morning Gains

Monday, April 28th, 2008

GBPJPY maintained its last week’s bullish tone in the European session this morning. The rallies presented trading opportunities.  
The move of the day started with a quote of 206.78/80 and quickly provided a +100 pips opportunites in less that two hours of trading. After an hour of further consolidation the market rose to a daily high of 208.63.
Downward correction ensued […]

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: Is This Trend Sustainable For the Long-term

Monday, April 14th, 2008

The EUR upward surge in the face of a down-beat global economic climate is one of bemusement. In forex trading there are many factors to directional movement. At a time when the macro economic data does not tally with the rally we shall investigate the whole spectrum. The question is, “What has been the intrinsic prime-mover in the EURo zone?”

In […]

Forex Trading: Exciting Times To Be Involved

Thursday, March 20th, 2008

Economic woes, the presence of recession, war in Iraq, oil and gold prices reaching heights never before traded in recent years all make the forex trading market the more exciting. A place I’d rather be as a forex trader. What makes it so exciting at this point?
In all walks of life, fluidity and movement is […]

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 […]

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