Monthly Archives: March 2013

Forex Action Heats Up, Risks Remain For $EURUSD

Euro/dollar (EUR/USD) weakness may resume and dollar/yen (USD/JPY) may continue to consolidate and eventually sell off if the forex markets are disappointed with the action from the Bank of Japan (BOJ). RISKS ARE GROWING Despite finally making a deal for

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Forex Action Heats Up, Risks Remain For $EURUSD

Euro/dollar (EUR/USD) weakness may resume and dollar/yen (USD/JPY) may continue to consolidate and eventually sell off if the forex markets are disappointed with the action from the Bank of Japan (BOJ). RISKS ARE GROWING Despite finally making a deal for

Posted in Posts

European Risk Aversion Could Push Yen Higher $USDJPY

Today was an important day in Japanese fundamentals. Bank of Japan (BOJ) head Mr. Shirakawa gave his final press conference. Today marked the early end of his tenure along with his two other deputies. His five-year term was supposed to

Posted in Posts

European Risk Aversion Could Push Yen Higher $USDJPY

Today was an important day in Japanese fundamentals. Bank of Japan (BOJ) head Mr. Shirakawa gave his final press conference. Today marked the early end of his tenure along with his two other deputies. His five-year term was supposed to

Posted in Posts

Aussie Jumps Higher, Near Critical Ceiling

Currencies like the Australian dollar and New Zealand’s kiwi all started the trading week lower after three key reports over the weekend suggested that China may not be able to expand at a rapid clip. CHINA DATA CONCERNS Inflation surged

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Forex: Aussie Jumps Higher, Near Critical Ceiling

Currencies like the Australian dollar and New Zealand’s kiwi all started the trading week lower after three key reports over the weekend suggested that China may not be able to expand at a rapid clip. CHINA DATA CONCERNS Inflation surged

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Forex: Sterling Ripe For Short Squeeze $GBPUSD

UK business activity rose to its fastest levels in five months and scored a new nine month high. The February reading for Services PMI printed at 51.8, well above the forecast of 51.1 and the prior month’s reading of 51.5.

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Sterling Ripe For Short Squeeze $GBPUSD

UK business activity rose to its fastest levels in five months and scored a new nine month high. The February reading for Services PMI printed at 51.8, well above the forecast of 51.1 and the prior month’s reading of 51.5.

Posted in Posts