Expect the Unexpected Written By: RetailFX Dealing Desk AS market trade is mostly in range investors focus most of their attention on the vast economic data from the EU and the US which is expected to be published on Thursday .The bombarding of data includes most of the important indicators in both the US and the Euro [...]
Continue reading...2. July 2009
Expect the Unexpected Written By: RetailFX Dealing Desk AS market trade is mostly in range investors focus most of their attention on the vast economic data from the EU and the US which is expected to be published on Thursday .The bombarding of data includes most of the important indicators in both the US and the Euro [...]
Continue reading...1. July 2009
Are You Prepared? U.S Stocks finished in red yesterday, but closed one of their best quarters, in over a decade. The S&P500’s drop in the first quarter was completely virtually erased during the months of April through June, as the index climbed back to the 900 level, after reaching a low of 666.79 points. Even though [...]
Continue reading...30. June 2009
Gold Review Gold started a shortened holiday week with little change as the U.S. Dollar fluctuated against majors currencies. Gold futures for August delivery settled down 30 cents at $940.70 an ounce on the Comex division of the New York Mercantile Exchange. Without release of any significant economy data, Monday’s trading session was quiet and range-bound [...]
Continue reading...30. June 2009
FX Daily Written by RetailFX Dealing Desk Elevated risk appetite pushes the Greenback lower against most majors. As the earning season approaches investors are more and more willing to bet on a recovery. With volatility down even the conservative investors start considering a dip in the choppy waters. The Greenback is down around -1.15% against the Euro [...]
Continue reading...29. June 2009
All That Hype Over Nothing News headlines flooded the markets last week with a series of events, releasing a closely watched interest rate decision and housing data, among other market movers. The major event of the week was the Fed’s interest rate decision, presenting a no-change status, barely affecting the major currency pairs and the stock [...]
Continue reading...26. June 2009
FX Daily Written by RetailFX Dealing Desk In the US, the revised GDP figure for Q1 published on Thursday, pointed a -5.5% contraction in an annual pace for the quarter. Although the figure still points a rapid contraction in the US economy, the figure was slightly better than market assessments of a -5.7% contraction. The Core consumer [...]
Continue reading...25. June 2009
FX Daily The Federal Reserve meeting which took place on Wednesday the unsurprising decision to leave Key interest rate at 0.25% was followed by the Fed’s statement that interest rates are expected to stay at ultra low levels for some time. As for the outlook on inflation the Fed stated that although the economy is showing [...]
Continue reading...24. June 2009
Are You Prepared for Today’s Session? The U.S stock market traded mixed yesterday, ahead of the U.S FOMC meeting. Even though economic data showed that the U.S economy is slightly improving, it wasn’t enough to spark any rally. Existing home sales increased in the month of May, showing a result of 4.77 million. While the result [...]
Continue reading...23. June 2009
FX Daily Written by RetailFX Dealing Desk The week opened with the Greenback getting stronger as the market anticipated the statements coming from the Fed rate decision due on Wednesday June 24th.As the Fed is not likely to raise rates the market’s focus will be on the Fed’s outlook for the US economy and most importantly the [...]
Continue reading...21. June 2009
Are You Prepared for the Upcoming Break-Outs? A break-out is technical term often used by traders, when referring to a range type chart pattern, which is then followed by a strong move out of the range. A break-out normally appears after a consolidation stage, a time when the markets pause before their next wave. Last week’s trading [...]
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2. July 2009
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