Added by JT on March 14, 2012 at 9:21pm — No Comments
The problem with the yen is despite what would be normal fiscal year-end repatriation, yen may continue to fall more - http://on.wsj.com/zLUojC
Added by JT on March 14, 2012 at 7:48pm — No Comments
Thursday's New York morning session features a plethora of U.S. news reports. At 8:30 am New York time (12:30 GMT), the results of the Empire State Manufacturing Survey for March, the Producer Price Index (PPI) report for February, and the latest weekly jobless claims figures will vie for traders' attention. The results of a monthly survey of manufacturing firms in the Federal Reserve's Third District are rolled up into a single number called the Philly Fed Index, due for release at 10:00 am…Continue
Added by FX BOOTCAMP on March 14, 2012 at 7:23pm — No Comments
Added by JT on March 14, 2012 at 6:30pm — No Comments
BUY GBP/USD @ 1.5680 SL@1.5620 TP@1.5770 CHEERS !!!!!
Added by victor charles on March 14, 2012 at 4:30pm — No Comments
Currently we are @ 83.57. We are building a rising wedge which will increasingly become bearish. We are looking to top out around the 84.00 area but we could extend to the 84.24. We are bullish currently on the cross to the 84.00. …Continue
Top Goldman executive quits over culture of 'toxic' greed
A senior Goldman Sachs executive has attacked a "toxic" and "destructive" culture at the leading investment bank that is increasingly focused on making money from clients, in an article in the New York Times.
We run a small poll yesterday in Facebook to find out what device traders were using to trade... these are the results:
Added by Francesc Riverola on March 14, 2012 at 12:41pm — No Comments
The Full Release can be found here: http://ir.fxcm.com/phoenix.zhtml?c=238885&p=irol-news&nyo=0
FXCM Inc. Announces Fourth Quarter 2011 and Full Year 2011 Results
Releases February 2012 Operating Metrics
Fourth Quarter Highlights:
Added by Francesc Riverola on March 14, 2012 at 11:30am — No Comments
Gold and silver changed directions several times during yesterday's trading but eventually ended the day with slight shifts as gold slightly declined and silver moderately rose. The recent FOMC meeting didn't introduce any new stimulus plans. The U.S retail sales report came…Continue
Added by Lior Cohen on March 14, 2012 at 9:45am — No Comments
Euro reject from 1.3030 support seem extend above 1.3100 with resistance first around 1.3110/20 and if bigger correction happen next around 1.3160 where we should see another round of sell orders to bring pair below 1.3000.
My recommendation is to enter…Continue
Euro dollar continues to slide in lower range, in a downtrend channel. The Federal Reserve didn’t change its policy and upped its tone regarding employment and inflation. Bernanke will continue moving markets in a speech later in the day. In Europe, a final seal of approval is expected for Greece’s second bailout program, a few days after the PSI was done and before the deadline to…Continue
Added by Yohay Elam on March 14, 2012 at 7:59am — No Comments
not enough time on hand.. but here is a rough sketch....
On Dx tops are heavy and waiting the RED TL to break.
SPX to the roof
AUD expecting a big bounce..
EURO 3020-25 critical and a bounce has a tgt of 3370.. a break under and 2830-40 gets highlighted..
GOLD 166X Supp criticl else expect losses to 1630-35 in coming days..
had a blast…
Added by Tahir Khan on March 14, 2012 at 7:34am — No Comments
Will Support (50%) Retracement (1.2622 - 1.3485 ) Hold ?!
As shown on the daily chart above, the pair is trading now about critical support level , 50% retracement of the rally…Continue
Euro could not benefit from better ZEW number that indicated improved German investors confidence rising from 5.4 to 22.3 in February, highest since June 2010. The two positives of ZEW are better employment opportunity and demand in domestic market.
Instead, European currency got clobbered much before FED’s FOMC release at US opening hitting lows of 1.3051 due to WTO dispute between USA and China and Europe tilting towards USA because of China has no intention…Continue
The United Kingdom's Office for National Statistics is scheduled to release its latest labour market statistics, including the number of people claiming Jobseeker’s Allowance (JSA) in February, at 5:30am New York time (9:30 GMT).
Volatility in the claimant count change data has lessened over the past several months, as has the response of the GBP/USD currency pair to the report:…Continue
Added by FX BOOTCAMP on March 14, 2012 at 2:58am — No Comments
The Federal Open Market Committee (FOMC) is scheduled to release its latest policy decision and statement at 2:15 pm New York time today.
Federal Reserve Chairman Ben Bernanke delivered his semi-annual Humphrey-Hawkins testimony to a U.S. House Financial Services committee on February 29. Minutes after the start of that testimony, I noted the chairman's reference to an improving jobs market. Bernanke: “We have seen some positive developments in the [U.S.] labor market.”
Added by FX BOOTCAMP on March 13, 2012 at 5:59pm — No Comments