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Active Forex day.
With holiday a distant memory now, some interesting Forex developments took place. Most note worthy was strength of the Pound. For the first time in seven months or so GBP-USD, the "cable" reached 1.6000 level today. Act… -
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… -
Few Forex trades.
Had a busy day on all fronts. Most importantly trading wise. A lot of trades using all kind of charts, short term, long term and everything in between. Today's developments are very interesting. British Pound once more c… -
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… -
Gold standard talk.
Ever since China brought up the subject of new reserve currency, there has been a lot of talk about returning to gold standard. Even some countries officially supported the idea, like Russia. I have not paid much attenti… -
Long term Forex charts, GBP-CHF.
Some time has gone by since I posted a trade in GBP-CHF. Early this year I was very active in this pair, especially in January when some trades were taken using long term charts. This activity was covered in number of po… -
Dissecting Forex trade.
It has been some time since I took one of my trades under a magnifying glass. Almost every post has a description of what I do, but not much of my activity is really taken apart to bare bones. Today is as good time as an… -
More jobs lost.
The Labor Department released figures for initial claims for unemployment compensation. They are as uninspiring as ever and rose to a seasonally adjusted 640,000, up from a revised 613,000 the previous week. In another…
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...
