Archive for January, 2008
« Previous Entries Next Entries »British Pound: Ready for a Sharp Rally?
Wednesday, January 16th, 2008According to our Technical Analyst Jamie Saettele, the GBPUSD has fallen over 1,500 pips in the last few months. No market moves in a straight line, so is it time for a sizeable Cable rally? We think that sentiment indicators along with the patterns on the chart indicate yes…and we know exactly when we would […]
Keep your expectations realistic.
Wednesday, January 16th, 2008Many times I hear from new traders who state that their goal is to make a certain number of pips every day. While it is important to establish goals in any endeavor, any benchmarks should be geared around your improvement as a trader and not about what you expect the market to give you. […]
DailyFX Forex Radio: Risk Aversion Shakes Up FX Markets As Yen Surges, Will The Dow Break Below 12,500?
Wednesday, January 16th, 2008· Increased risk aversion drives the Japanese Yen higher as Asian, European equities plummet - will the Dow break below critical support at 12,500? (See the Daily Market Brief and Forex Overnight News for more.)
· Today’s release of US CPI could derail Federal Reserve rate cut expectations - what will it do to the US Dollar, Treasuries? (See […]
Is the US Headed for Recession, If So Where Should I Park My Dollars?
Tuesday, January 15th, 2008Retail sales and producer prices both contracted in the month of December, leading many traders to wonder whether the US economy will fall into recession. Spending on cars, electronics, furniture, gas station receipts, building materials, clothing and sporting goods all declined, reflecting a broad based slowdown in consumer demand. According to Bloomberg News, this is […]
DailyFX Forex Radio - Dollar Recovers, Carry Trade Falters - What Can we See Tomorrow?
Tuesday, January 15th, 2008Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM011508.mp3
Key Points
· Dollar Stumbles then Recovers - Will a Dow Sell-off be Enough to Keep the Dollar Afloat?
· Carry Trade suffers big on the sudden Dow tumbles. What can New Zealand CPI due for the Kiwi?
· Stocks’ Earnings schedule could also decide Carry Trade’s fate
To discuss […]
DailyFX Forex Radio - Weak US Retail Sales, $10B Citigroup Loss Bode Ill For Dollar and Dow
Tuesday, January 15th, 2008· GBP/USD may have formed a significant low, benefits from stronger-than-expected UK CPI data (See the Daily Technical Report and Daily Market Brief for more.)
· EUR/USD climbs for test of 1.49 as US retail sales disappoint, Fed rate cut expectations soar
To discuss these or any other FX topics with the DailyFX analysts, check out the Forum
Click Link to Listen […]
DailyFX Forex Radio - Can Dollar Lose Further on Fed Rate Expectations? Retail Sales and Citigroup Earnings May Decide
Monday, January 14th, 2008Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM011408.mp3
Key Points
· US Dollar Nears Record Lows, are Further Dollar Losses Inevitable?
· UK Inflation Figures Fail to Force Pound Rallies - What Gives?
· IBM Earnings Drive Japanese Yen Losses, Upcoming Citigroup Earnings to Drive Carry Trade
To discuss these or any other FX topics with the DailyFX […]
DailyFX Forex Radio - Dollar Losses May Consolidate Today As Emergency Rate Cut Rumors Lead EUR/USD Above 1.4820
Monday, January 14th, 2008· The US Dollar started out the week on a dour note on emergency rate cut rumors (See the Daily Market Brief for more on this.)
· While EUR/USD may consolidate gains in the 1.4820 - 1.49 area, Tuesday presents major event risk for the US Dollar. (See Cross Market Reactions for more).
To discuss these or any other […]
DailyFX Forex Radio - Dollar to Lose on Interest Rate Outlook, but will Canadian Dollar Fall Faster?
Friday, January 11th, 2008Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM011108.mp3
Key Points
· US Dollar stable on forex profit taking, but Fed outlook takes turn for worse
· Canadian dollar biggest loser on dismal employment report
· Australian dollar looks to gain against the New Zealand dollar
To discuss these or any other FX topics with the DailyFX analysts, check […]
DailyFX Forex Radio - US Dollar Plummets, Euro Rallies on Fast-Changing Interest Rate Differentials - Further EURUSD Rallies in Store?
Thursday, January 10th, 2008Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM011008.mp3
Key Points
· US Dollar tanks while euro surges on Fed and ECB commentary
· Dollar loses further on Dow Jones Industrial Average, Carry Trade rally
· Futures traders now price in a 90 percent chance of a Federal Reserve interest rate cut
To discuss these or any other FX […]
« Previous Entries Next Entries »