| Euro Little Encouraged by ECB's Decision to Hold Rates, Boost in Growth Forecasts (Daily FX) While the collective focus may be on Friday?s NFP report, today?s most market moving data came off of the euro?s docket. The ECB rate decision passed as expected. The central bank decided to keep the benchmark lending rate unchanged at its record low 1.00 percent for the fourth consecutive month. us.rd.yahoo.com |
Forex Weekly Trading Forecast - 10.05.09 (Daily FX) US Dollar Forecast for Recovery Will be Put to the Test Euro: Will Risk Appetite Hold EURUSD Up or Will the ECB Ease a Break? Japanese Yen to Follow Risk Trends as Prices Test Key Resistance British Pound: UK Data, BOE Decision Present Breakdown Potential Swiss Franc Support Looks To Continue Despite SNB Threat Canadian Dollar Confronts its Own Employment Change Data Australian Dollar Rally May Finally Be Losing Steam New Zealand Dollar At Risk of Turn Lower on Extreme Sentiment us.rd.yahoo.com |
Keep a Trading Log to Analyze Your Actions (Daily FX) One of the most powerful pieces of information you can use to evaluate your actions as a trader is a trading log. us.rd.yahoo.com |
USD/CAD Wedge Formation Provides Scalpers with Target Levels (Daily FX) The USD/CAD is developing a wedge which has led to consolidating price action making it a potential target for scalpers. The pair has also tended to trade in definable patterns giving traders entry and exit targets. us.rd.yahoo.com |
It Isn’t Working for Anyone Else China needs to change the economic strategies that weaken other countries’ economies before it ignites a trade war that is bound to escalate around the world. nytimes.com |