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- FOREX: Markets to Look Past German Jobs Report, Focus on US GDP
- Euro, Franc and Aussie Eye Next Key Barriers; In-House Indicator Fascinates
- FOREX: Dollar Tumbles after Bernanke Curbs Speculation of a Timely Stimulus Withdrawal, 1Q GDP Due
- Guest Commentary: Use Mindfulness to Elevate Your Trading
- EUR/USD: Trading the Advance 1Q U.S. GDP Report
- Fed Shows the Dollar No Mercy- Index Drops To Key Fibonacci Level
- Guest Commentary: Gold & Silver Outlook 04.27.2011
- Forex: British Pound Eyes 1.6600 As U.K. Skirts Double-Dip Recession, What To Expect From FOMC Rate Decision
- Dollar Heavy Ahead of FOMC- Index Hits 3 Year Low
| FOREX: Markets to Look Past German Jobs Report, Focus on US GDP Posted: Currency markets are likely to look past German unemployment figures, with traders focused on the upcoming US Gross Domestic Product report. |
| Euro, Franc and Aussie Eye Next Key Barriers; In-House Indicator Fascinates Posted: Although the US Dollar continues to extend declines, our SSI indicator is showing that retail traders have stopped adding to long USD positions for now. This could be quite telling… |
| FOREX: Dollar Tumbles after Bernanke Curbs Speculation of a Timely Stimulus Withdrawal, 1Q GDP Due Posted: I had high hopes for the Fed’s rate decision and Chairman Bernanke’s press conference this past session; and we weren’t disappointed. Given the dollar’s already crippling lows heading into the event, it would have taken a significant event to either jump start a recovery or forge meaningful follow through (it isn’t that easy to encourage new shorts into a heavily saturated market). |
| Guest Commentary: Use Mindfulness to Elevate Your Trading Posted: Mindfulness can benefit the active trader in many ways helping to improve their trading and their trading psychology. Mindfulness can help reduce stress, increase a trader's emotional intelligence, boost the trader's ability to maintain concentration and attention. |
| EUR/USD: Trading the Advance 1Q U.S. GDP Report Posted: The advanced 1Q GDP report is expected to show the world’s largest economy growing at an annualized pace of 2.0% following the 3.1% expansion during the last three-months of 2010, and the slower pace of economic activity could spur a bearish reaction in the U.S. dollar as the Federal Reserve maintains a cautious outlook for the nation. |
| Fed Shows the Dollar No Mercy- Index Drops To Key Fibonacci Level Posted: Bernanke’s remarks at the first ever central bank press conference provided no relief for the battered dollar which continued to fall in the final hours of North American trade. With the Fed’s commitment to the completion of QE2 and no change to the “extended period” language as it pertains to interest rates, the dollar’s woes continued to mount. |
| Guest Commentary: Gold & Silver Outlook 04.27.2011 Posted: Gold and silver declined yesterday for the first time since April 12th. Currently they show moderate rises as they seem to bounce back from yesterday's falls. |
| Posted: The British Pound made another run at 1.6600 as the advanced 1Q GDP report for the U.K. showed a 0.5% expansion in the growth rate, but the lack of momentum to test the yearly high (1.6598) is likely to keep the exchange rate within a narrow range during the North American trade as the Federal Reserve is scheduled to announce its interest rate decision at 16:30 GMT. |
| Dollar Heavy Ahead of FOMC- Index Hits 3 Year Low Posted: The assault on the dollar continued throughout North American trade today with the dollar index slipping to a key 3-year low while traders sat on dollar short positions ahead of tomorrow’s central bank rate decision. |
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