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Pound Outlook Shaken By GDP
Written on 26 Jan, 2010 at 16:32 in Forex news | viewed 74 times | 0 Comments
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)
Euro, Cable, Cad- Swing Time
Written on 25 Jan, 2010 at 19:16 in Featured Article | viewed 50 times | 0 Comments
Jan.25.2010 In the daily market review with TheLFB trade team, Dan Cook, Snr Market Analyst at IG Markets, looks at the impact of momentum on three major pairs. Catch Dan, and TheLFB trade team on ForexTV Live. EUR/USD – There have been a couple of 60 pip swings up and down in this pair; however, [...]... (Continue reading)
Gold At $1200, But No Dollar Weakness
Written on 2 Dec, 2009 at 11:19 in Forex news | viewed 75 times | 0 Comments
Dec.02.2009 Forex Trader Note: Gold has broken $1200 an ounce in Asian trade, although it has not aligned the move with dramatic Usd weakness in the major pairs. Asian equity traders have taken some steam out of the Nikkei futures contracts and oil has backed off the U.S. session highs. Ahead of U.S. ADP employment [...]... (Continue reading)
Majors Lack Direction In Overnight Session
Written on 10 Nov, 2009 at 14:10 in Forex news | viewed 50 times | 0 Comments
Nov.09.2009 Overall, the major pairs spent the early part of the Asian session consolidating after the majority of them moved over 100 pips during the previous day. During the session the British Retail Consortium released a report showing that the sales monitor has increased to 3.8 percent. Also released was a report on house price [...]... (Continue reading)
