The U.S. Unemployment Claims is the primary publication today that is set to determine the level of the USD when it is released at 12:30 GMT. The other main releases that are set to dominate forex trading, especially for currencies such as the Dollar and EUR is the publication of ... Read the fu ... Read more
While my favorite bloggers that can be found in the blogroll in the sidebar have been poring justified criticism on the latest trillion-of-the-week adventure mov(i)e starring Ben Bernanke and Tim Geithner, my concerns focus on the entirely new situation within the European Union. The resignation ... Read more
If the August surge in the US dollar caught many traders off guard, it was not because of a lack of focus on the US economy. If anything, the reason the surge surprised so many was possibly because of too much focus on the US economy. The continuing downward spiral of "Fannie a ... Read more
Happy Monday, everyone! A quick round-up of the markets surely demonstrates we've got some decisions to make as the FOMC looms ahead of us. E-Mini futures for the S&P at 1421 (negligibly up), the Dow at 12804 (up) and the NASDAQ at 1957 (negligibly down) are all in a bearish ... Read more