Weblog » Tags » currencies (all)
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Foreclosures at record high.
I think that general public has become somewhat immune to bad news, at least they don't seem to get as much attention as they should. In a logical world, news that nationwide foreclosure rate reached an all time high, sh… -
Markets looking for direction.
Interesting day in the world of currency trading. Markets are really undecided about next move. Most currencies woke up after Memorial Day with some enthusiasm, but that was not to last. Reversal were sharp and came fast… -
Currencies were quiet.
Mostly as expected, not much happened in Forex trading on Monday, due to Memorial Day. That includes Sunday afternoon, depending on the part on the world. I was a little surprised, though, because Yen pairs tried to ma… -
Yen sinks on... good news.
Japan's Central Bank on Friday upgraded its assessment of the world's second-largest economy, saying that recession may be easing. The BoJ's policy board voted to leave its overnight call rate at 0.1 percent, a move tha… -
Currencies are moving.
Week started on a slow note. Asian session was sleep inducing, a little unusual of late. Last few months provided rather lively Sunday opening, so this one stands out. Truth be told, that is how currencies had been behav… -
Currencies on fire.
Big day in Forex. Most currencies had large moves, majority of them in both directions. I wouldn't say this was very easy to trade, none of the days this week were, but swings were large enough to satisfy not only scalpe… -
How reliable are chart patterns?
Latest issue of Technical Analysis of Charts and Commodities (May 2009), has a very interesting article titled "Do the chart patterns still work?". It is written by Thomas Bulkowski, author of "Encyclopedia of Chart Pa… -
Risk appetite and GBP-JPY.
New catch phrase has been emerging lately on financial pages and it is "risk appetite". The way it's been used it applies to any uptick in currencies other than USD and JPY, which press branded "heavens". Logic being, t… -
Quiet Forex day.
A thought about my previous post, about Chrysler. Just caught a glimpse of TV report on the first bankruptcy hearing. Media is already calling it a possible "surgical" bankruptcy and is trying to get some clues if it is … -
My AUD-CHF trade.
Currencies once again are choppy. Just like yesterday, very good day for short term traders. I do some of that, but try to cover intermediate type trades here. This has not been easy this week to date. Granted, it is onl…
FXhusar
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- Name: Mike
- Gender: Male
- Member Since: 10/15/2006
Recent Weblogs
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China summit
Interesting news from China today. On the eve of U... -
Rating risk.
British pound came under pressure last night, aft... -
Kiwi.
Currencies had an interesting opening to trading w...
