Jan.26.2010 Britain’s initial GDP read for the fourth quarter is very weak, and the revised versions can easily erase it, says Yohay Elam at Forex Crunch. Catch Yohay, and TheLFB trade team on ForexTV Live. The Pound reacted with a fall against the dollar and the Euro. Here’s a review of this important event and a [...]... (Continue reading)
The week ahead offers a large amount of economic detail that will be very important to monitor. The global markets are at a swing point high that either breaks hard topside and continues the bullish theme that has fair value on risk, or reverses hard to support. It seems highly unlikely that a sideways period of trade will easily be able to follow through.... (Continue reading)