Archive for August, 2007
« Previous EntriesDailyFX Forex Radio - US Dollar Rallies on Fed Warning - What Can We Expect from Bernanke Now?
Friday, August 31st, 2007· US dollar gains following speeches by Fed’s Bernanke and US President Bush
· US markets closed on Monday, but Japanese data could provide some excitement
· Be sure to view the rest of the week’s event risk on the DailyFX Forex Calendar
To discuss these or any other FX topics with the DailyFX analysts, check out the […]
Hidden Forex Gems
Friday, August 31st, 2007I really should not be giving this link out. The product is still only in beta.
Usually, we test products for weeks / sometimes months before we release them.
But, I want to reward the readers of this blog a special treat.
If you search www.fxprogrammers.com, you will find:
a) a tool that sends you out alerts when entry orders […]
DailyFX Forex Radio - Carry Trade Wobbles as Risk Remains King - What has to Change?
Thursday, August 30th, 2007· Japanese Yen looks to gain on continued equity market volatility
· Speech by Fed Chairman Ben Bernanke to make or break interest rate expectations
· Be sure to view the rest of the week’s event risk on the DailyFX Forex Calendar
To discuss these or any other FX topics with the DailyFX analysts, check out the Forum
Click […]
Federal Reserve’s September Rate Decision
Thursday, August 30th, 2007All eyes are now on the Jackson Hole Symposium this weekend. Bernanke will be speaking on the state of the housing market, which could play a major role in determining what will happen with interest rates next month. Economists and Fedwatchers are still divided on whether the central bank will actually lower interest […]
DailyFX Forex Radio - US Dollar Suffers As Carry Trades Rebound - Will They Turn Tomorrow?
Wednesday, August 29th, 2007· US Dollar crumbles under pressure as carry trades rebound
· Forex markets likely to remain driven by risk aversion trends, but Thursday’s US GDP data could shake things up
· Be sure to view the rest of the week’s event risk on the DailyFX Forex Calendar
To discuss these or any other FX topics with the DailyFX […]
Adding More Currencies For Forex Trading
Wednesday, August 29th, 2007FXCM has recently added, or is in the process of adding 4 more currency pairs for trading on certain account types. We will shortly be making a press release detailing which ones.
However, the process of deciding which currency pairs to add is a tough one. The question that we face when adding more currency pairs […]
Carry Trades Bounce: How Far Could it Extend?
Wednesday, August 29th, 2007High yielding currencies ranging from the Yen crosses to the New Zealand and Australian dollars have rebounded after yesterday’s sharp losses. Although the rallies are strong, I think that it is highly unlikely that the rallies will extend beyond the August 24/27 highs (depending upon which pairs you look at). Why? Because volume is thin […]
Pound / Yen - Overnight Buying
Wednesday, August 29th, 2007For those of you who got short GBP/JPY yesterday, make sure you have those stops in place. The overnight flurry of buying took back most of the lost ground from yesterday’s selling. We’re now at a crossroad…either sellers step in to defend the 231.10 area (minor resistance where price started to breakdown yesterday) or they back […]
DailyFX Forex Radio - Carry Trade Suffers on Dow Tumbles, Tokyo to Extend Losses?
Tuesday, August 28th, 2007· US Dollar remains unchanged on FOMC, stock markets tumble on fear
· Forex markets likely to remain driver by risk aversion trends, but Thursday’s US GDP data could shake things up
· Be sure to view the rest of the week’s event risk on the DailyFX Forex Calendar
To discuss these or any other FX topics with […]
NZD/USD and CAD/JPY Both Moving Our Way
Tuesday, August 28th, 2007Let’s continue following up our NZD/USD and CAD/JPY short trades. The NZD/USD was a new opportunity introduced yesterday, I talked about how there was major resistance and we are targeting a move down to 70 cents. The currency pair is moving our way. There is near term resistance at today’s low, but I think this […]
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