AUD/USD – Trading on News Events
October 29, 2010 12:27 pm by Greg HoldenFor traders interested in a “news trading” strategy, here is your guide. Looking at the AUD/USD over the past month, I noticed something interesting: this pair has actually been fluctuating sharply, and almost exclusively due to news events.
Dollar and Pound Expecting Bullishness Today?
May 25, 2010 7:16 am by Dan EduardYesterday we saw riskier currencies tumble following the latest news to come out of the Euro-Zone. Should European news continue to be negative, traders can expect safe havens like the US Dollar and Yen to continue to make gains in ...
Japanese Finance Minister Playing Mind Games
September 29, 2009 11:43 pm by Russell GlaserJapan's Finance Minister, Hirohisa Fujii, did a 1-2 step earlier today, saying his government may intervene in the currency markets. This runs counter to previous statements given last week, stating he supports a stronger Yen. Comments like these lead to ...
Next Week’s Coming Attractions
September 18, 2009 2:18 pm by Yan PettersAs this week is about to reach its end, foerx traders should start planning next week's trading. In order to make it easier on you, I put together a list of publications which are likely to impact the market the ...
Crude Oil Update
July 16, 2009 1:33 pm by Dan EduardLet's be honest, Crude Oil prices have faced much of a rollercoaster ride in the past several weeks. On the 29th of June prices nearly hit $74 a barrel. However, for the 2 weeks following this, prices went into freefall.
EUR Weakening; GBP Sees Gains – Weekly Forecast
June 15, 2009 9:02 am by Natalie R.EUR The EUR weakened on Monday after the UK Daily Telegraph reported on its website that Germany's top industrial group has warned that Germany's credit crunch is deepening. The currency dropped 0.6% against the USD to $1.3882, and also declined 0.5% ...
GBP/USD – Collapse Report
January 15, 2009 2:05 pm by Yan PettersI'm sure that most you are quite aware of the major bearish trend the GBP/USD is going through lately. Just to make it clearer – the Cable is currently traded in its lowest rate since 2002.
Driving the Aussie and New Zealand Dollar
January 7, 2009 6:04 pm by Russell GlaserA well known currency pair that is not predominantly traded is the Aussie Dollar and the New Zealand Dollar. This higher yielding currency is driven largely by the pricing of crude oil. The two economies are dominated by their services ...
The Dollar’s Bubble has Burst
December 18, 2008 11:33 pm by Russell GlaserThe past 10 days of trading have finally put an end to the dollar's 3-month bullish run. The Eurodollar rose close to 16% in this time frame, effectively ending the dollar's rally. Those that sought safety in the dollar during ...
Crude Oil Prices Float in Anticipation of OPEC Meeting
November 28, 2008 1:48 pm by Greg HoldenAnalysts have been ramping up this weekend's meeting between the Organization of Petroleum Exporting Countries (OPEC) as there is a prediction that they will decide on a rather large production cut. Adding to this speculation was a recent statement made ...
