New Trades: LONG USD/CAD @1.0807 & SHORT GBP/USD @1.6407 (Daily FX)
June 1, 2009 by admin · Leave a Comment
While the USD has been looking oversold for some time now, there has been no real solid justification for USD longs other than the oversold studies themselves.
G7 Meeting, Economic Stimulus help U.K. Pound in Currency Trading
February 16, 2009 by admin · Leave a Comment
Sterling eyes 1.4335 in forex trading The U.K. pound is having a reasonably good day in currency tradingon the FX market. Sterling has broken through 1.4270 and is now setting its sights on moving above 1.43. All the economic stimulus measures taken in Britain and the U.S. are expected to help improve risk appetite, and [...]