Alan's Forex Blog

The ECB’s dilemma has grown in the past month. While the credit crisis has flared up once more and money…

During the course of the week, the dollar regained some ground. EUR-USD slipped from over 1.48 to around 1.477, USD-JPY…

Another volatile week where equity indices rallied very strongly from critical support on hopes that another round of rate cuts…

The RBA Board meets next week on December 4 and we do not expect any policy change to result from…

Forex Daily Technical Report Dollar Steady after Bernanke Signaled Rate Cut Yen and Swissy weakens mildly today as risk aversions abates following dovish comments from Fed Chairman Bernanke. Dollar remains in tight range against Euro and Sterling. In a speech overnight, Bernanke said that outlook has been “importantly affected over the past month by renewed turbulence in financial markets” and policy makers should judge whether balance of risks has shifted. Bernanke also noted there are

After setting new highs in EURUSD during Thanksgiving, the past week has been impacted by a significant buying interest of…

Yen is the major mover in an otherwise quiet market today. Expectation of rate cut from Fed remains the major…

Trading the News: Canadian Annualized GDP (3Q) What’s Expected Time of release: 11/30/2007 13:30 GMT, 08:30 EST Primary Pair Impact : USDCAD Expected: 2.3% Previous: 3.4% How To Trade This Event Risk The global, economic docket for Friday’s New York session will be dotted by a number of indicators. However, the only truly market-moving report scheduled for the period will be the September and third quarter growth numbers for Canada. The world’s eighth largest economy accelerated in the first