Alan’s Forex Blog

Greetings,
Our friends at Elliott Wave International have just announced the beginning of their wildly popular FreeWeek event, where they throw open the doors to some of their most popular paid services to non-subscribers for one week only.
For the first time ever, EWI is providing complete access to The Asian-Pacific Short Term Update and The European […]

If you missed today’s “emergency” webinar with Bill Poulos
addressing the key mistakes Forex traders make and how Forex
Income Engine 2.0 addresses them, then I have GREAT news for
you…
They recorded it.
Here’s the cool part:
– Bill explained how his groundbreaking Forex Income Engine
2.0 course takes the key mistakes traders make and turns
them into your ADVANTAGE.
– He also […]

Hmm, I never thought they’d do this, but apparently the people behind FapTurbo are going to increase the price for their product from $97 to $149.95 this coming Monday (Dec 01, 2008). I found out about this from an e-mail sent by one of their affiliates. Here is a copy of the e-mail:
hello Alan
We just […]

We have AUD Monetary Policy Minutes coming out at 8:30pm and AUD RBA Governor Stevens Speaks at 10:10pm. 

The New Zealand Consumer Prices came in as expected for the 3rd quarter:

• 1.5% (QoQ)
• 5.1% (MoM)

In addition Food Prices came in softer (MoM) for September 0.6% versus the 2.7% for August.

Dow jumps higher on the better then expected Leading Indicators

Good Morning:

Today, Fed Chairman Bernanke will testify before the House Budget committee to discuss the status of the financial crisis. LIBORs this morning are lower, thus adding speculation that calm is beginning to enter into the credit markets.

World equity markets rose as higher crude prices helped the energy sector, and world governments continued to pour funds into the financial sector to ease the credit crisis.

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Public Sector Net Borrowing

Expected at 6.9B

Prior 10.4B

Actual 8.1B

Preliminary M4 Money Supply

Expected at 0.9%

Prior 1.4%

Actual 1.4%