Intraday Market Updates

Forex: The Risk Today

April 21, 2010 · 12359Leave a CommentForex%3A+The+Risk+Today2010-04-21+11%3A48%3A52Forex+District

The Risk Today: EurUsd EURUSD just can’t seem to get a break lately, as even the slightest glint of bullish momentum is soon quashed by fresh concerns that a potential bailout of Greece might not be workable, or that it may drag the rest of its Eurozone counterparts down into the mire with it. Looking at the technical picture, the situation is very similar to GBPUSD in recent days; whereby the sell-off has punctured a relatively nascent uptrend,... [Read the full story]

Technical Analysis

EUR/USD Weakens on Goldman, Greece Concern

April 19, 2010 · 12287Leave a Comment2010-04-19+12%3A05%3A17Forex+District

The Euro weakened at the start of the week as the SEC’s allegations against Goldman Sachs dampened demand for riskier currencies. The fraud allegations should only have near term reaction as global fundamentals continue to point to a firm recovery. Greece continues to be the biggest pressure on the single currency as the outlook remains grim. The deficit cuts and measures that need to be implemented by the country seem too harsh and will bring... [Read the full story]

Columns and Articles

Trading Economic Releases: Don’t Jump In

March 12, 2010 · 10083Leave a Comment2010-03-12+17%3A32%3A07Juan+P.+Bejarano

Have you ever asked yourself why did a currency fall if the economic figure was positive. Shouldn’t the currency continue rallying? The answer is: not necessarily Markets have the keen concept of speculating. According to Investopedia, the main purpose of speculation is “to profit from betting on the direction in which an asset will be moving.” Another way of looking at this, through the economic release lense, is by the “well-known”... [Read the full story]