Monthly Archives: January 2013

FOREX: Euro Zone Still Stuck, $EURUSD Hits A Wall

The most effective central bank policy in 2012 was from the ECB president, Mario Draghi. He brought credibility to the ECB and helped bolster the currency after his comment on July 26 that the ECB is ‘ready to do whatever

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Euro Zone Still Stuck, $EURUSD Hits A Wall

The most effective central bank policy in 2012 was from the ECB president, Mario Draghi. He brought credibility to the ECB and helped bolster the currency after his comment on July 26 that the ECB is ‘ready to do whatever

Posted in Posts

Forex: A Smart Play As Yen Reacts to BOJ News $USDJPY

How many countries are participating in quantitative easing (QE)? That answer is too many. The art of printing money to buy bonds is what is currently sparking the currency war debate. Central banks are providing excessive QE in hopes of

Posted in Posts

Forex: A Smart Play As Yen Reacts to BOJ News $USDJPY

How many countries are participating in quantitative easing (QE)? That answer is too many. The art of printing money to buy bonds is what is currently sparking the currency war debate. Central banks are providing excessive QE in hopes of

Posted in Posts

Euro/Swiss Skyrockets, Safety Trade Abandoned

Traders are once again adding euro/Swiss (EUR/CHF) to their quote boards. Price action is no longer boring and kept close to the 1.20 peg which was set by the Swiss National Bank. Today, the euro made a new 13-month high

Posted in Posts

Euro/Swiss Skyrockets, Safety Trade Abandoned

Traders are once again adding euro/Swiss (EUR/CHF) to their quote boards. Price action is no longer boring and kept close to the 1.20 peg which was set by the Swiss National Bank. Today, the euro made a new 13-month high

Posted in Posts

Better China View Supports Aussie Action $AUDUSD

The 30-minute chart on Australian/US dollar (AUD/USD) shows that price continues to respect the 1.0510 price region. Overnight price action was influenced by two key headlines. WIDENING TRADE DEFICIT The initial sell-off was sparked after a report showed that Australia

Posted in Posts

Better China View Supports Aussie Action $AUDUSD

The 30-minute chart on Australian/US dollar (AUD/USD) shows that price continues to respect the 1.0510 price region. Overnight price action was influenced by two key headlines. WIDENING TRADE DEFICIT The initial sell-off was sparked after a report showed that Australia

Posted in Posts