| Short-Term Forex Technical Outlook: GBP/JPY (Daily FX) The GBP/JPY surged higher during the previous week, driven by the rise in risk appetite, and the British pound may continue to appreciate against the Japanese yen throughout August as market participants anticipate the Bank of England to tighten monetary policy over the next 12 months. us.rd.yahoo.com |
Equities rise ahead of jobs data, dollar slips (Reuters) World equities climbed higher on Friday, although investors were cautious about U.S. jobs data due later in the day, while the dollar slipped against a basket of major currencies. us.rd.yahoo.com |
Still early days in UK economic recovery (AP) Britain is likely to experience a slow and painful recovery from recession despite growing optimism, a leading forecaster said Monday, as the pound fell on speculation the Bank of England may extend its money supply program to boost lending. us.rd.yahoo.com |
Dollar Strengthens From 16 Month Low (Daily FX) After trading to its level since July 2008, the US Dollar Index has rallied across the board. In fact, the next wave of USD strength may be broad based as suggested by the short term USDJPY wave count. us.rd.yahoo.com |
Forex Trading Recommendations for 2010 (Daily FX) In this article you will find 8 different trading ideas for 2010, each representing the personal opinion of a DailyFX analyst. In fact, exchange rate forecasts are often wrong because no one can really predict the future . us.rd.yahoo.com |