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FX Notes For Week Of April 1, 2013 – News Driven Market?
The Forex world will have a lot of headlines during the upcoming week as there are several announcements that can move the markets. The week is a bit back loaded though, as the central banks out of Japan, Europe, and the UK all have statements on Thursday. The Friday session of course has the granddaddy […]
Read Some MoreForex Markets For The Week Commencing January 28, 2013
For most of you, the idea that the Forex markets weren’t always chaotic is probably far fetched. However, I can assure you that it wasn’t always like it is currently, and as a result a lot of good traders have been blown out over the last couple of years. However, there is good news on […]
Read Some MoreEuro, Yen, and Commodity Currencies for the week of January 14th 2013
During the past week, we have seen quite a bit of movement in the Forex market. The most obvious place to start is in the Euro, as the EUR/USD pair has absolutely taken off like it had been sitting on a launch pad at Cape Canaveral. The move was predicated mainly upon what the European […]
Read Some MoreEuro Gains +245 Pips on ECB Bond Buying Plan And Levels to Watch Next Week September 10th 2012
Last week in the forex market was all about the ECB. On September 6, the new ECB bond buying program was supposed to be unveiled. But since secrecy seems to be non-existent in Europe’s politics we got the plan leaked early just like it happened countless times before. On September 5 the ECB sent the […]
Read Some MoreEUR/USD Closes Up 66 Pips And Levels to Watch Next Week September 3rd 2012
The Euro spent most of last week ignoring important news releases and instead focusing on central bankers and their thoughts/speeches. ECB’s President Mario Draghi made an appeal to the german public in an opinion piece written in the Weekly Die Zeit. In it, he tried to make a case for what we called “exceptional measures”. […]
Read Some MoreEUR/USD Gains +159 Pips Driven By ECB Rumors And Levels to Watch Next Week 27th August 2012
The EUR/USD keeps slowly edging up after making a swing low a month ago. The pair opened at 1.2351 and finished the week 159 pips higher, closing at 1.2510. The main movers for the Euro pairs this week have been a couple of rumors concerning the ECB. The German weekly Der Spiegel and U.K.’s Telegraph […]
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